From CIREBA

CIREBA acknowledges the critical importance of addressing the healthcare needs of Caymanians, especially as our population ages. We remain steadfast in our commitment to the long-term sustainability and prosperity of the Cayman Islands.

At this time, we note that the proposal for an annual 2% fee on foreign-owned real estate properties is being introduced as a Private Member’s Motion and has not yet undergone the necessary consultative or legislative process. We support meaningful dialogue around solutions to national challenges, and we believe it is essential that any proposed measures be thoroughly evaluated for their economic and social implications.

At CIREBA, our priority is to support balanced and equitable policies that contribute to the growth and stability of the Cayman Islands for all of us who call these islands home.

We will continue to monitor developments closely and encourage open, informed, and respectful discussions among all groups.