The Cayman Islands are situated in the western Caribbean Sea, south of Cuba. It is a British Overseas Territory, so it comes under the sovereignty of the United Kingdom. It consists of three islands; Little Cayman, Grand Cayman and Cayman Brac. Although not well known, it is actually one of the biggest offshore financial centers in the world. Hedge fund formation, investment and banking are the biggest companies in the country. It is actually the fifth biggest country in the world when it comes to finance. This means that there are excellent opportunities when it comes to Cayman Islands jobs.
Being close to the Equator, it means that the weather is good all year round, and in comparison to many other countries, it is probably one of the most beautiful places to work. Although the population is not large, there are still plenty of high paying jobs available due to the growth in the financial sector. Many of the banks in the islands are well known around the world, including Goldman Sachs, HSBC, UBS and Deutsche Bank. There are also many accountancy and law firms. This means that jobs are available in many of the high paying sectors.
Regardless of where a person lives in the world, it is possible to seek employment in the Cayman Islands. There are a few ways of doing this. The first step is to register with international employment agencies, as they would be aware about most of the jobs that become available. It is also advisable to keep looking at the websites of the companies located in the country as they often advertise vacancies. Another place to look is in financial sector magazines and websites, as companies will advertise in the popular ones.
A foreigner can work in the Cayman Islands only if he/she has a valid work permit has been granted. Apart from the usual information that these types of permits require, there is also a health check required, as well as a police background check. A work permit will only be granted when the applicant has a confirmed job offer. This permit is then applied for by the employer. During the application process, the employee is not allowed to be in the country, they have to wait for the permit to be granted first.
Once someone has secured one of the top Cayman Islands jobs, they then need to get themselves established in the country. Some companies will organize accommodation, and this is usually a furnished apartment. If the company does not do this, then the best thing to do is contact a real estate agent to find property to rent. Always have someone from the company the job is with to check the property before signing any paperwork. The best advice can be to spend the first few weeks in a hotel. Working in the Cayman Islands is a wonderful experience, and with the good wages, along with the weather, it is a great place to be.