Hikes to immigration and stamp duty fees considered as new revenue measures
Higher immigration fees and stamp duty could be key ways of increasing revenues to strengthen Cayman’s finances on top of measures already working their way through Parliament, the Public Accounts Committee was told.
The committee met on 4 Sept. to discuss the long-term financial future of the Cayman Islands in the light of the auditor general’s performance report, ‘Improving Financial Accountability and Transparency: Long-term Financial Sustainability’, which warned that Cayman is at risk of not being able to meet its financial commitments unless it tackled the growing gap between spending and income. For a more complete summary of the story, please see the below link:
Published on: Sep 12, 2025 06:43 AM