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Cayman Enterprise City (CEC)

Cayman Enterprise City (CEC) is an award-winning development project which consists of three special economic zones focused on attracting knowledge-based and specialised-services businesses to set up a physical presence in the Cayman Islands. The zones included within CEC are Cayman Tech City, Cayman Commodities & Derivatives City and Cayman Maritime & Aviation City. With a dedicated Government Authority, licensing fee concessions and guaranteed fast-track processes, CEC enables international companies to quickly and efficiently establish a Cayman Islands office, which in turn enables them to generate active business income within a tax neutral environment.

 

New Address:

 

2nd Floor, Strathvale Building, 90 North Church St, George Town, P. O. Box 10707, Grand Cayman, Cayman Islands KY1-9012

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Health City

NARAYANA HEALTH ANNOUNCES COMPREHENSIVE CANCER TREATMENT CENTER IN CAYMAN BY 2019

 

CAYMAN ISLANDS (August 10, 2018) – Narayana Health, the Indian health care giant behind Health City Cayman Islands, has announced a December 2019 completion date for a multimillion-dollar comprehensive cancer treatment center at its existing campus in Grand Cayman.

 

Dr. Ashutosh Raghuvanshi, Vice Chairman, Managing Director and Group CEO of Narayana Health, announced that the state-of-the-art center will be housed in a new purpose-built building at the tertiary care facility’s East End, Grand Cayman location and that the groundbreaking is expected in September 2018.

 

The facility, to include accommodations for overseas patients and all-inclusive cancer care, will be the first comprehensive cancer care center in the Caribbean. It will provide medical oncology, surgical oncology and radiation under one roof, in addition to offering Bone Marrow Transplant (BMT) services. “Once again Narayana Health and Health City Cayman Islands will bring medical advancement to the region, while fulfilling a vital need in the Caribbean’s health care landscape,” said Dr. Raghuvanshi.

 

The hospital already has a medical oncology facility with a five-bed daycare chemotherapy unit.

 

Health City Cayman Islands Clinical Director Dr. Binoy Chattuparambil said: “Health City Cayman Islands continues to follow our mission to transform the delivery of health care in the Caribbean and beyond. As we expand our oncology services, we are committed to remaining on the forefront of medical innovation, while maintaining our patient-centric focus on providing high quality, compassionate and affordable care.”

 

Dr. Chattuparambil emphasized that Health City’s new cancer treatment center will work hand-in-hand with the Cayman Islands Health Services Authority, as well as private physicians, to ensure that local patients receive seamless and comprehensive treatment through a collaborative and holistic approach.

 

Health City’s founder, the world-renowned surgeon and philanthropist Dr. Devi Shetty, has positioned the facility as an example for the rest of the world to follow. Speaking at the GREAT Festival of Innovation in Hong Kong in March, he said: “We built Health City with the idea of transforming health care of the Caribbean region and the Western Hemisphere – and perhaps the rest of the world. We have a phenomenal opportunity to use technology and make health care safer, (accessible and affordable) for the patient.”

 

About Health City Cayman Islands

Health City Cayman Islands, the vision of renowned heart surgeon and humanitarian Dr. Devi Shetty, is supported by Narayana Health, one of India’s largest private health care systems. Health City, only the second hospital in the Caribbean to receive the Joint Commission International’s “hospital accreditation”, provides compassionate, high-quality, affordable health care services in a world-class, comfortable, patient-centered environment. Offering health care to local, regional and international patients, Health City Cayman Islands delivers excellence in adult and pediatric cardiology, cardiac surgery, cardiac electrophysiology, medical oncology, orthopedics, sports medicine, pediatric endocrinology, gastrointestinal and bariatric surgery, neurology, interventional neurology and neuro-diagnostics, neurosurgery, minimally invasive spine surgery, gynecology, urology, pediatric allergies, colorectal surgery, dental, sleep lab and pulmonology services.

 

For further information, visit www.healthcitycaymanislands.com.

 

 

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CAMANA BAY

WEDNESDAY FARMERS & ARTISANS MARKET IN CAMANA BAY

Stop by the Farmers & Artisans Market in Camana Bay every Wednesday and pick up fresh-picked produce, homemade artisanal foods, local handicrafts and more. This weekly farmers and artisans market is a showcase for delightful things grown and made on Grand Cayman.

Each week, Camana Bay’s shopkeepers and restaurant owners join roughly 40 growers and specialty products purveyors. The offerings at this celebration of local culture and goods includes seasonal fruits and vegetables, gifts, gourmet foods, skincare, jewelry, flowers, teas and coffees, seasonings, jams and more.

The Camana Bay Farmers & Artisans Market opens at 3 p.m. and features live entertainment throughout the course of the event. Musicians and artists come to provide their talents in real-time, demonstrating the creative spirit of the people of Grand Cayman. Enjoy watching crafters and artists show off their skills in weaving, conch blowing, rope making and more.

About Camana Bay

Beautiful Camana Bay is the setting for our community’s weekly Farmers and Artisans Market. Camana Bay is a lively waterfront gathering place where children play in fountains, families linger on lawns and everyone relishes in leisurely island life.

This master-planned community features 675 acres from sea to sound, with many spots to relax, explore and be inspired. Camana Bay is a mixed-use community that promotes walking, connecting and living sustainably in diversity.

Visit Camana Bay and enjoy its thoughtful and beautiful design. This area on Grand Cayman is a favorite with residents and tourists alike, and it features many other events throughout the week along with annual events for major holidays.

Getting to Camana Bay

On Foot

You can get to Camana Bay easily from the strip on Seven Mile Beach. Just follow the footpath signs set all along West Bay Road. They’ll guide you up onto The Rise, which is a pedestrian walkway, and over to The Paseo in Camana Bay’s Town Centre.

By Car

It’s easy to get to Camana Bay by car from West Bay and George Town.

By Boat

Anyone taking their own boat to Camana Bay can reach the community by plugging in the following coordinates, which direct water travelers to the main channel entrance:

Latitude: 19.323510 Longitude: -81.367715
Coordinates for the Camana Bay Harbour:
Latitude: 19.321573 Longitude: -81.376449

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The Cayman Islands Districts

GRAND CAYMAN

  • West Bay

    One of Cayman’s older residential districts situated towards the west of Grand Cayman. With winding tree lined streets and a true island feel, West Bay offers a wide variety of properties ranging from small family homes to executive/luxury homes, condos and land. Some of these are to be found on or near the water and in the canal front area known as The Shores. A new bypass has reduced the drive into town to about 20 minutes during rush-hour but traffic can still be an issue at times. A number of excellent restaurants and dive sites are to be found in West Bay as well as the Turtle Farm and two dolphin attractions.

  • Seven Mile Beach

    The most sought after location on Grand Cayman featuring vacation rentals, and a mix of condos and villas that hug the length of this beautiful white sandy beach that have won so many accolades. Seven Mile Beach stretches from George Town to West Bay, faces west and is on the leeward side of Grand Cayman. The Ritz Carlton, Kimpton Seafire, Westin, Marriott and Margaritaville are nestled between private homes and condominiums along the stretch of beach. The mix of properties, in terms of size, design and year built gives buyers a range of choices and prices on Seven Mile Beach. For the avid golfer and water enthusiast there are a lot of activities in the Seven Mile Beach area.

  • Seven Mile Beach Corridor

    Across the main artery of Seven Mile Beach – West Bay Road – there are a number of side streets off the main road that feature lovely homes and condos, shopping and some of the best dining experiences in the Caribbean. Convenient grocery shopping, retail and lifestyle stores abound. Here you will find neighbourhoods, many with canal-front homes in Governor’s Harbour, Snug Harbour, Canal Point and Crystal Harbour. As many of these properties border on north sound this area of Grand Cayman is also a boater’s dream. Camana Bay, a lively and contemporary waterfront town, offers a wide variety of restaurants for fine dining or family style, an organic farmers’ market every Wednesday, retail stores, coffee shops, a cinema, bookshop and more. For the avid golfer and water enthusiast there are a lot of activities in the Seven Mile Beach area.

  • George Town

    George Town is the capital of the Cayman Islands and a great place to call home if you want to be close to town, grocery shopping, schools, Owen Roberts Airport, snorkeling, diving and a few classic island restaurants. George Town is also the business centre of the Islands and home to the financial district, port authority, the cruise ship terminals and duty free shopping.

  • South Sound

    Heading East from George Town you will find the much loved and sought after South Sound. This area is more relaxed than Seven Mile with a lovely mix of condos and mid to large family homes. As South Sound hugs the water you will also find luxurious and stunning beachfront villas. South Sound is probably the second most sought after area on Grand Cayman to live after Seven Mile Beach. The rugby, tennis and squash clubs are here complimented by shopping and a community on the north sound, Grand Harbour that provides canal front living on the north sound and could also be considered a part of Prospect.

  • Prospect/Spotts

    A island feel mix of inland and canal front properties in a fast-growing area of Grand Cayman. Stunning homes with private docks are being developed behind the Grand Harbour shopping complex which provides convenient shopping. Old Prospect Road is a quiet community of beachfront luxury homes. Notable areas in Prospect also include Admiral’s Landing and Patrick’s Island.

  • Savannah / Lower Valley

    Between Spotts and Bodden Town you will find the large residential area of Savannah and Lower Valley. Here North Sound Estates affords canal front living. This general area is reasonably priced and appeals to young families and those looking for an affordable new-build option. Ocean side you will find stunning homes perched on the iron shore overlooking the dramatic south facing views. Savannah is home to Pedro’s Castle, Countryside Shopping Village and the Agricultural Grounds.

  • Bodden Town / Breakers

    Bodden Town was Grand Cayman’s first settlement and capital and is therefore rich in history. It has preserved a quaint island ambience and affords a delightful mix of island style homes and newer builds at reasonable prices. Fantastic local food, great beaches and a significant amount of land parcels are available in and around Bodden Town.

  • East End / High Rock

    Frank Sound Road cuts across Grand Cayman from Frank Sound in the south to Old Man Bay on the north side. It’s in Frank Sound road that you will find the Queen Elizabeth Botanical Park with the Blue Iguana sanctuary. Further to the east is the sleepy town of East End. Superb diving, fantastic views and equally fantastic cuisine make the backdrop to this classic island town. It is here that you will find, Health City, a state of the art hospital catering to medical tourism. East End has a significant amount of beachfront and inland parcels up for grabs as well as a beautiful collection of beachfront/vacation style homes.

  • North East Coast / Colliers

    An area of still mainly undiscovered land just half an hour away from the bustle of George Town, but miles away in terms of peace and quiet. The coast line is circled by The Queen’s Highway, stretching from East End to the south and up to Colliers in the north then round to the district of North Side. Secluded beaches, a selection of vacation style and luxury homes hug this coast line. This area is ideal for tranquil vacation homes or rentals in an authentic Caribbean setting.

  • Northside

    Northside is a quaint and sleepy village with truly beautiful ocean views. Mostly ocean front and facing the cool northerly breezes, Cayman’s Northside stretches along the top of Grand Cayman from East End to Rum Point. It’s very quiet and peaceful with true island tranquility. Northside is a great place to invest in your island beach house. Properties are often rented when not in use by their owners.  It takes about 40 minutes to get to George Town but if you lived in Northside you would probably would not want to leave home!

  • Rum Point

    This is the chilled-out but luxurious part of Grand Cayman. It is the place to relax in your vacation home and there are several, especially at nearby Cayman Kai. Property and land prices tend to be higher here. Located right on the northern tip of the Island, it is the place where tourists and locals head to relax with a mudslide in hand at Rum Point Club, drink mudslide cocktails and to swim with the kids in the shallow azure waters. Rum Point and Cayman Kai has a real holiday feel and options of overlooking quiet bays and the much loved bio-bay.

  • Midland East

    Take Frank Sound Road from Frank Sound in the south to North Side and you will traverse the width of Grand Cayman. The parcels of lands here are just waiting to be developed. Traditionally a quiet, peaceful rural section of the island, Midland is home to a wide variety of flora and fauna and is the location for The Queen Elizabeth Botanical Park and The Mastic Trail, both famed for their rich diversity of plants and wildlife.

CAYMAN BRAC

  • Cayman Brac West

    Cayman Brac is the biggest of Grand Cayman’s sister islands and is the only one of the three islands to have a bluff or cliff which rises from the ocean to about 140 feet. This elevation makes bluff land a constant best seller on the Brac. An added bonus is that Cayman Brac also still enjoys duty free building materials. Cayman Brac offers superb diving, wreck diving, caving and birding and is a wonderful Caribbean Island.

  • Cayman Brac Centre

    Cayman Brac is the biggest of Grand Cayman’s sister islands and is the only one of the three islands to have a bluff or cliff which rises from the ocean to about 140 feet. This elevation makes bluff land a constant best seller on the Brac. An added bonus is that Cayman Brac also still enjoys duty free building materials. Cayman Brac offers superb diving, wreck diving, caving and birding and is a wonderful Caribbean Island.

  • Cayman Brac East

    Cayman Brac is the biggest of Grand Cayman’s sister islands and is the only one of the three islands to have a bluff or cliff which rises from the ocean to about 140 feet. This elevation makes bluff land a constant best seller on the Brac. An added bonus is that Cayman Brac also still enjoys duty free building materials. Cayman Brac offers superb diving, wreck diving, caving and birding and is a wonderful Caribbean Island.

LITTLE CAYMAN

  • Little Cayman West

    Little Cayman, the smallest of the three islands with around 200 residents is a quiet island where vacationers can scuba dive, bird watch or simply unwind in a hammock. Most of the island’s hotels are on the south side of Little Cayman.

    The south side is protected by a reef and has boat access for divers. Owen Island is just off shore and is a great place to kayak or paddle too.

    Bloody Bay reef is a world famous dive destination with an incredible sea wall that drops down thousands of feet just off shore.

    There is a good supply of raw land available for sale plus inexpensive cottages, stunning and secluded island home and upscale condos. Many home owners are vacationers who come to visit for a few weeks of the year and then rent out their homes to vacationers the remainder of the year.

  • Little Cayman East

    Little Cayman, the smallest of the three islands with around 200 residents is a quiet island where vacationers can scuba dive, bird watch or simply unwind in a hammock. Most of the island’s hotels are on the south side of Little Cayman.

    The south side is protected by a reef and has boat access for divers. Owen Island is just off shore and is a great place to kayak or paddle too.

    Bloody Bay reef is a world famous dive destination with an incredible sea wall that drops down thousands of feet just off shore.

    There is a good supply of raw land available for sale plus inexpensive cottages, stunning and secluded island home and upscale condos. Many home owners are vacationers who come to visit for a few weeks of the year and then rent out their homes to vacationers the remainder of the year.

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A Brief Look at Cayman’s History

The Cayman Islands remained largely uninhabited until the 17th century. While there is no archaeological evidence for an indigenous people on the islands, a variety of settlers from various backgrounds made their home on the islands, including pirates, shipwrecked sailors, and deserters from Oliver Cromwell’s army in Jamaica.

Cayman Islands National Museum, George Town, Grand Cayman

The first recorded permanent inhabitant of the Cayman Islands, Isaac Bodden, was born on Grand Cayman around 1661. He was the grandson of the original settler named Bodden who was probably one of Oliver Cromwell’s soldiers at the taking of Jamaica in 1655.

England took formal control of the Cayman Islands, along with Jamaica, as a result of the Treaty of Madrid of 1670. Following several unsuccessful attempts at settlement, a permanent English-speaking population in the islands dates from the 1730s. With settlement, after the first royal land grant by the Governor of Jamaica in 1734, came the perceived need for slaves. Many were brought to the islands from Africa; this is evident today with the majority of native Caymanians being of African and English descent. The results of the first census taken in the islands in 1802 showed the population on Grand Cayman to be 933 with 545 of those inhabitants being enslaved. Slavery was abolished in the Cayman Islands in 1833. At the time of abolition, there were over 950 Blacks of African ancestry enslaved by 116 white families of English ancestry.

The islands continued to be governed as part of the Colony of Jamaica until 1962, when they became a separate Crown colony while Jamaica became an independent Commonwealth realm.

The Heroes Square in the centre of George Town, which commemorates Cayman Islands’ war dead. The Legislative Assembly building is at the left.

On 8 February 1794, the Caymanians rescued the crews of a group of ten merchant ships, including HMS Convert, an incident that has since become known as the Wreck of the Ten Sail. The ships had struck a reef and run aground during rough seas.  Legend has it that King George III rewarded the island with a promise never to introduce taxes as compensation for their generosity, as one of the ships carried a member of the King’s own family. While this remains a popular legend, the story is not true.

The Cayman Islands historically has been a tax-exempt destination. The government of the Cayman Islands has always relied on indirect and not direct taxes. The territory has never levied income tax, capital gains tax, or any wealth tax, making them a popular tax haven.

 

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Special Economic Zone (Cayman Enterprise City)

Special Economic Zone

The Cayman Islands Government is facilitating and encouraging further economic growth and attracting additional international investment through the recent enactment of the Special Economic Zone (SEZ) Law.  This Law, which specifically caters for exempted companies and exempted limited partnerships, creates an alternative licensing regime, as well as several additional incentives for entities that have already established, or wish to establish, a physical presence in the Islands.

These organizations located in the Special Economic Zone may carry on business in any part of the world, however, business activities conducted in the Cayman Islands are restricted to activities that are in furtherance of offshore business. In other words, they cannot compete in the domestic Cayman Islands market.

The following types of businesses are specifically authorized to operate within the SEZ:

  • Media and Marketing (including digital media, film and broadcasting)
  • Internet and Technology
  • Commodities and Derivatives
  • Biotechnology, Life Sciences and Green Technology
  • Maritime Services and Aviation Services

Cayman Enterprise City (CEC) is Cayman’s first SEZ. Their highly anticipated campus will be just over 50 acres and located in affluent South Sound, Grand Cayman. Until these facilities become available in 2018, there are provisions for existing commercial space to be treated as gateway space into the SEZ. The CEC are already operating out of the HSBC Building and the Grand Pavilion, both on West Bay Road, and several businesses are already operating under the regime.

Reasons to Relocate to CEC

  • 100% exempt from corporate, capital gains, sales, income tax and import duties
  • 100% foreign ownership permitted
  • Renewable five-year work/residence visas granted within five days
  • 4-6 week fast-track set-up of operations
  • Intellectual Property owned offshore
  • No government reporting requirements
  • Strategic base with easy access to lucrative North and Latin American markets
  • On NYC/EST time zone

For more information visit www.caymanenterprisecity.com

 

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Meet Our Friends at Beacon Farms

Beacon Farms – A History

Beacon Farms was the vision of Frank ‘Bud’ Volinsky, Granger Haugh and Scott Haugh. The three worked together on several projects to support sober living with The Bridge Foundation and agreed that there was a need for the next step in rehabilitation. Recidivism levels for those in recovery are increased due to lack of appropriate, safe, sober living environments. Many of those recovering from substance abuse issues have few housing, educational, or employment resources available, and are prone to fall back into old behaviors, and poor decision making, which often results in repeated legal involvement. The vision for Beacon Farms is to facilitate a variety of educational and skills programs for residents who are committed to improving their quality of life and avoiding legal issues.

Scott Haugh, Granger’s son, is a well-respected leader in rehabilitation services and the concept of the ‘Continuum of Care’ in Seattle, Washington. Scott is a Certified Chemical Dependency Professional with nearly a decade of experience in the field. Granger is a successful retired entrepreneur and has ample experience in building business models from the ground floor. Bud is the founder of a very successful transitional housing facility (The Bridge Foundation) and he has a long career in construction management.

The Haugh Family Foundation has provided the investment to purchase the Beacon Farms property along with the needed capital to renovate the structures and till the land in preparation for planting a variety of crops. Scott is providing the professional direction to ensure quality services for the residents assigned to Beacon Farms. Bud has provided the operational leadership and has supervised the overall operation that will facilitate housing and jobs with the vision of a continuum of care for dozens of men and women annually.

The Haugh Family Foundation is led by Granger and Margie Haugh. The couple has a 35-year relationship with the Cayman Islands and recently received permanent residence status.

www.beaconfarms.ky

Farm To Table

Farm to Table is the cornerstone of the entrepreneurial concept called Beacon Farms. Since the property was purchased by the Haugh Family Foundation and leased to this non-profit, many projects followed to prepare the 34-acre parcel for its mission.

The renovation of the two houses was the priority and the construction on both is complete. The men’s house, a two-story facility, will welcome six men and provide space for dining, recreation, educational programs and meetings to support recovery services. Beacon Farms CEO, Bud Volinsky, and his wife Kate are comfortably moved into the second facility, the Manager’s Residence, and they are overseeing day-to-day farming and residents’ activities.

The driveway from Frank Sound Road has been leveled, widened and enhanced to allow the delivery of the heavy equipment needed to clear the land and prepare the soil for planting. Although the property has a history of farming, the foliage had grown-over, necessitating a heavy duty clearing process, which continues as the expansive property is groomed.

One of the workhorses has been the John Deere 5100 Tractor. With a hydraulic hammer head, the John Deere has been grinding up the rock and tilling the soil, handling this monumental task in a timely manner. As crop land is cleared for planting all vegetation is chipped on site and composted so that the soil can be enriched organically. After harvest, crop debris will also be composted on site. Another revenue opportunity gained from the clearing process has been the rock that has been removed and sold to local landowners.

Moving forward, greenhouses will be constructed to develop temperature-controlled germination and cultivation environments for traditional and experimental crops.

Crops Planned for Planting

  • Mangels – Cattle Fodder, Animal Feed
  • Lavender – Oil, Flavorings
  • Sunflowers – Chicken Feed
  • Moringa – Tea Leaves
  • Stevia – Sweetener (Retail)
  • Peppers – Seasoning Peppers (Retail)
  • Tobacco – Cigars

Coconut Processing – Oil, Water, Flower and Husks  

Coconut Products: no longer will Cayman coconuts go to the landfill. Beacon will process its own coconuts and others gathered on Grand Cayman. Coconut Oil, Water, Flour, and Husks will be marketed.

The Beacon Farms garage will be transformed into a soils laboratory and a clean food grade processing area. Soil nutrient testing for Nitrogen, Phosphorus, Potassium and other nutrients will allow Beacon Farms to produce its crops under organic conditions.