Also, the revised permanent residency points system, as proposed, awards fewer points to non-Caymanian workers between the ages of 15-24 and to workers age 61 or over who apply for residency.
Permanent residence is the legal right to stay in the Cayman Islands for the remainder of one’s life. The newly proposed permanent resident “points” system requires an applicant to attain 110 points, making it more difficult that the current 100-point system.
Both the current and the new permanent resident “points” system award a specific number of points based on someone’s nationality, compared with how many other individuals of that same nationality currently hold work permits in the Cayman Islands.
The current residency system offers between zero and 20 points. Any nationalities that hold more than 20 percent of the current work permits in the islands get no points toward a permanent residency application. As of mid-September, the latest figures which are available, the only nationality with more than 20 percent of the work permits in the Cayman Islands was Jamaican.
Under the current PR system, Filipinos – who now hold nearly 14 percent of the work permits in Cayman – would get 10 points toward a residency application. British nationals, at about 9 percent of the work permits, would get 15 points toward a permanent residence application. Similarly with Americans, at 6.8 percent of the work permits, would get 15 points toward PR. Canadians, now at 5.5 percent of all work permits held in the Cayman Islands, would get 20 points toward PR.
All other nationalities, having fewer work permits than Canadians, would get the maximum 20 points on a PR application.
The new proposal with regard to nationality points toward permanent residence looks quite different.
Under the new points system – considered according to the current level of work permits – both Jamaicans and Filipinos would receive no points for nationality on a permanent residence application.
Individual applicants from the U.S., the U.K. and Canada, each country having between 10 and 5 percent of the total work permit population, would earn just five points on the PR points scale. That means the Canadian applicant, who receives 15 points toward a 100-point PR application requirement now, will receive just five points toward a 110-point application approval when the new points system takes effect.
Any nationality that holds less than 5 percent of the current work permits in the Cayman Islands – everyone except for Jamaicans, Filipinos, British, Americans and Canadian – gets a maximum 10 points for their nationality. That’s a 10 point reduction for every application when compared to the previous system.
The government’s proposal for the revamped points system with regards to nationalities provides the following explanation: “In order to maintain a vibrant and diverse community, it is desirable to ensure that the permanent population of the islands is made up of a balance of nationalities, rather than domination by only a few nationalities.”
The new permanent residence points system also introduces a new concept of awarding points based on an applicant’s age at the time their PR forms are filed.
Points allocations here are based on the number of working years an applicant is believed to have remaining prior to retirement.
“This, in turn, impacts factors such as productivity, pension planning and state health care usage,” the government’s explanation read. “[The government seeks to] maintain an age distribution in the labor market that contributes to the long-term sustainability of labor supply to the islands.”
The age distribution points are broken down into five categories:
- Group I, ages 15 to 24, would receive four points toward permanent residence.
- Group II, ages 25 to 35, would receive 10 points toward PR.
- Group III, ages 36 to 45, would receive eight points toward PR.
- Group IV, ages 46 to 60, would receive six points toward PR.
- Group V, 61 and above, would receive zero points toward PR.