People, Policy & Progress: Immigration & Workforce Development
With a seminar hosted at KPMG’s SIX Building followed by a tour of the Cayman Islands Coast Guard the following day, this session explored the delicate balance between economic growth, cultural identity, and social cohesion.
The evening began with a panel of powerhouse voices. Hon. Michael Myles, Minister for Caymanian Employment and Immigration, brought a bold, reform-driven perspective—drawing on decades of experience in social development and vocational training. Steve McIntosh, CEO of Cayman Finance, offered a private sector lens, emphasizing the need for global talent while advocating for stronger pathways for Caymanians. Alistair David, Partner at HSM, added legal depth, unpacking the complexities of immigration law, human rights, and the evolving points-based residency system.
Breakout sessions dove into the heart of the matter: How do we ensure Caymanians are not left behind in a rapidly globalizing economy? What does meaningful workforce development look like? And how can immigration policy support both economic resilience and cultural preservation?
The seminar didn’t shy away from tough stats. Cayman’s population has surged by over 58% since 2010, with non-Caymanians now forming the majority. Caymanian unemployment sits at 4.9%—nearly double the national average—despite millions invested in upskilling programs. Meanwhile, employers continue to rely on imported labor to fill critical gaps, especially in IT, healthcare, and financial services.
Participants explored recent reforms, including proposed term limits for non-Caymanian civil servants, a national workforce plan, and a reimagined permanent residency system. The conversation also touched on global parallels—from Bermuda’s aging population to Rhodes’ migration dynamics—highlighting that Cayman’s challenges are shared by small island states worldwide.
The following day’s tour of the Coast Guard offered a real-world look at public service careers and the importance of national security in a growing, diverse society.
As Cayman’s population grows and diversifies, the challenge isn’t just about filling jobs—it’s about shaping a workforce that reflects the values, aspirations, and identity of the islands themselves. Can Cayman strike the right balance between welcoming global talent and ensuring that Caymanians are equipped, empowered, and prioritized in their own economy?