The Quiet Crisis No One Wants to Admit: What Massive Fee Hikes and Wage Changes Will Really Do to Cayman
Cayman is standing on a knife’s edge right now, and most people don’t even realize it. Everyone heard about the massive fee hikes the government just announced — the ones that target non-Caymanians, employers, and key industries across the board. And yes, the minimum wage increase sounds great on paper. But when you zoom out and put all the pieces together, you see something terrifying: We’re about to break the very engine that keeps this country running. And when the engine goes, the entire vehicle — economy, businesses, Caymanian jobs, cost of living, everything — goes down with it. Let’s talk honestly about what’s coming. No sugar-coating. No politics. Just reality. 1. Businesses Are Already Walking on Thin Ice — These Hikes Push Them Off the Cliff The new fees aren’t small bumps. They are massive , sometimes jumping by 400–800% overnight: Driving licenses for non-Caymanians leaping from $75 to $600 . Business licenses for companies with non-Caymanian interests jumping fr...
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