Cayman Islands reviewing permanent residency points system

The Cayman Islands is reviewing the system which allows foreigners to gain permanent residence in the British overseas territory.

Deputy Premier Chris Saunders said a team of local experts headed by attorney Steve McField has been commissioned to begin a review of Cayman's permanent residency points system.

Mr. Saunders, who was speaking on Radio Cayman, said a review of the existing system is necessary and Cabinet has approved the committee members tasked with recommending changes.

The deputy premier said, in its present state, the points system "is very skewed towards a certain demographic.

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