Topic: digital nomad

There's a flip-side to the digital nomad trend. The remote work phenomenon that has become a feature of the post-COVID work world is leading to jobs being outsourced from Cayman.

The Cayman Islands has placed first in the 2021 Nomad Beach Index as the best destination for wealthy global entrepreneurs and investors who can live anywhere they choose.

As of this week, 54 people who have been approved to work remotely in the Cayman Islands under the Global Citizen Concierge Programme are currently residing on island.

Twenty-two applications for the Cayman Islands Global Citizen Concierge programme have been approved, with three of the successful parties already on island, tourism officials announced Tuesday, 8 Dec.

Butterfield announced it will allow holders of the Global Citizen certificate to open a bank account without valid address-verification documents, such as a Cayman utility bill or rental agreement.

Bermuda and Barbados have launched one-year residence options for remote workers, offering an alternative work environment during the COVID-19 pandemic