Category: Island Life

Tropical Storm Paulette approaches Bermuda

Tropical Storm Paulette is moving northwestward over the central Atlantic and is expected to become a hurricane today and possibly bring hazardous conditions to Bermuda by tomorrow night.

According to the latest Public Advisory issued by the National Hurricane Centre, Paulette is about 590 miles southeast of Bermuda moving at 16 miles per hour with maximum sustained winds of 70 miles per hour with higher gusts. Tropical-storm-force winds extend outward up to 205 miles (335 km) from the centre

The centre of Paulette is forecast to move near Bermuda Sunday night and Monday.

Paulette

With the current forecast, the Bermuda Weather Service has issued a Tropical Storm Warning and a Hurricane Watch for the island.

A Tropical Storm Warning means that tropical storm conditions are expected somewhere within the warning area within 36 hours.

A Hurricane Watch is also in effect because of the possible hurricane conditions that may affect the area. It is typically issued 48 hours before the anticipated first occurrence of tropical-storm-force winds, conditions that make outside preparations difficult or dangerous.

Paulette may bring periods of heavy rain to Bermuda through Monday, with rainfall accumulations of 2 to 4 inches, with maximum amounts of 6 inches possible.

Moreso swells generated by Paulette are affecting portions of the Leeward Islands and will continue to spread westward to portions of the Greater Antilles, Bahamas, Bermuda, and the southeastern United States this weekend.  These swells are likely to cause life-threatening surf and rip current conditions.

“Extremely Active” Hurricane Season

The National Oceanic and Atmospheric Administration (NOAA) has said last month that the rest of the hurricane season will be “extremely active”.

Apart from Tropical storms Paulette and Rene, NHC is monitoring for at least two more disturbances over the Atlantic that may develop in the next five days.

A broad area of low pressure located several hundred miles southwest of the Cabo Verde Islands is producing a large area of disorganized showers and thunderstorms. Development of this system is forecast, and a tropical depression is expected to form within the next couple of days while the system moves generally westward at 15 to 20 mph across the eastern and central tropical Atlantic.

Another area of disturbed weather, associated with a tropical wave, is located near the Cabo Verde Islands. Environmental conditions support some development during the next few days, and a tropical depression could form over the far eastern tropical Atlantic early next week while the system moves slowly westward. By mid-week, upper-level winds could become less conducive for development.

hurricane

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Calypso Legend Sir Rupert “King Swallow” Philo Dies

Calypso legend of Antigua and Barbuda Sir Rupert ‘King Swallow’ Philo has died. He was 78.

King Swallow succumb to death surrounded by his loved ones at his home in Willikies on Friday after suffering from a prolonged illness.

He began competing in the calypso art form when still a youth in 1961. His very first hit entitled Raphael Trujillo recalled the story of a dictator of the Dominican Republic, whose maltreatment of migrant workers from Antigua and Barbuda was re-told upon their return home.

Sir Ruper has earned several calypso crowns over his career and won Antigua’s road march titles five times. His other hits include Fire in the BackseatSubway JamParty In Space and Satan Coming Down.

He is also known for his social and political commentary.

The Calypso community across the region is mourning the loss of a legend.

“During this time the vibrant, fiery and pulsating rhythms of his soca hits have created frenzy wherever and whenever he performs,” Trinbago Unified Calypsonian Organisation (TUCO) said.

King Swallow was awarded the Order of Merit (Gold), and the Grand Cross of Princely Heritage during terms of governance under the Labour Party. Each award was conferred in recognition of his sterling contribution to the calypso art form.

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Caribbean Photo of the Week: Pelican Beach, Turks and Caicos

 

The latest Caribbean Photo comes from Caribbean Journal reader Al Snow, who sent in this gorgeous shot of Pelican Beach on Providenciales in the Turks and Caicos Islands. 

Have you taken a great photo in the Caribbean?

Send it to news@caribjournal.com with CPOTW in the subject line.

It could be the next Caribbean Photo of the Week!

— CJ

The post Caribbean Photo of the Week: Pelican Beach, Turks and Caicos appeared first on Caribbean Journal.

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How to Earn Permanent Residency in the Cayman Islands

 

By Sue Nickason

The Cayman Islands has long been regarded as an international hub for financial services and a preferred locale for luxury Caribbean vacations.

But what this British Overseas territory is increasingly attracting attention for is its permanent residency programs —  and the opportunity to live forever in a tropical paradise.

Globally mobile individuals have long sought places such as the Cayman Islands to achieve residency status but certainly the affairs of 2020 have accelerated that search.

A global pandemic, rising wealth taxes, growing income insecurity and social discord has prompted many individuals to seek refuge in jurisdictions which offer low or no tax, sound economic fundamentals, a high standard of living and social cohesion.

Here are five attributes in particular that are prompting individuals to establish permanent residency in the Cayman Islands.

Ease of ownership

There are no restrictions on foreign ownership of property in the Cayman Islands and no alien landholding licenses required. 

The Cayman Islands operates the Torrens system of land registration. The registry records all title records and the details of all land ownership information in the Cayman Islands, together with a Registry Map which indicates the boundaries of each individually owned parcel of land. The Government of the Cayman Islands will pay compensation to any person who suffers a loss due to an error in the Land Register which cannot be rectified. On this basis, obtaining title insurance is generally considered unnecessary in the Cayman Islands.

No direct taxes

There are no corporate, income, capital gains, inheritance, recurring property or sales (VAT) taxes in the Cayman Islands. 

Economic fundamentals

The Cayman Islands has one of the lowest debt to GDP ratios in the world, as well as one of the highest standards of living. Its world-class financial services sector contributes up to 70% of GDP. The territory maintains a Moodys A-3 credit rating and is reputed to have the fifth strongest currency in the world.

High standard of living

Excellent healthcare facilities and schools, modern infrastructure, the best telecommunications system in the Caribbean and one of the lowest crime rates in the world all contribute to a high standard of living and the type of lifestyle ordinarily reserved for the elite in other countries.

Island living

Balmy year-round temperatures and a rich natural environment that encourages year-round participation in a wealth of marine and land-based activities produces an enviable tropical lifestyle for residents of the Cayman Islands. Add in its status as the culinary capital of the Caribbean, a thriving cultural scene and a sophisticated community represented by over 135 nationalities, all located on islands surrounded by a turquoise-colored sea, and it’s easy to see why the Cayman Islands is fast becoming the jurisdiction of choice not only in the Caribbean but across the globe.

These compelling benefits invariably invite the question, “How can I live in the Cayman Islands and become a permanent resident?” For qualified applicants, it’s a straightforward process and one which can ordinarily be executed in a timely and efficient manner. There are two options available for residency by investment through real estate.

1. Investment Certificate for Persons of Independent Means 

This option is valid for 25 years and entitles the holder to reside in the Cayman Islands without the right to work. Applicants must invest a minimum of US$1.2 million, of which at least half must be in developed residential real estate in Grand Cayman. In addition, applicants need to demonstrate a continuous source of annual income of CI$120,000 or open a bank account with a Cayman Islands Monetary Authority-regulated and locally licensed institution and maintain a minimum deposit in the account of at least CI$400,000. In addition, certificate holders must spend a minimum 30 days annually in the Cayman Islands. 

2. Certificate of Permanent Residence for Persons of Independent Means 

This provides the holder (and any qualifying dependents) with a lifetime right to reside in the Cayman Islands without the right to work. However, the holder or spouse can apply for a variation to the Certificate in order to obtain the right to work. 

An applicant must invest a minimum of US$2.4 million in developed real estate in the Cayman Islands. There is no specified minimum annual income requirement, but all applicants must be able to demonstrate that their financial resources are sufficient to maintain themselves and their dependents adequately. Certificate holders must spend at least one day a year in the Cayman Islands. 

This option has no expiry date and it offers a path to naturalization as a British Overseas Territories Citizen once the applicant has been legally and ordinarily resident in the Cayman Islands for five years. Naturalization entitles the holder to a British Overseas Territories (Cayman Islands) passport and enables them to apply to register as a full British Citizen and obtain a British passport. In taking this up, there is no obligation to surrender any existing citizenships.  

For both programs, the applicant shall need to demonstrate: 

  • They have not had any criminal convictions 
  • They are in good health
  • They have purchased locally compliant health insurance coverage 
  • They can demonstrate the required financial standing 
  • They have made the prescribed investment in the Cayman Islands 

Provenance Properties, the exclusive affiliate of Christies International Real Estate in the Cayman Islands, can assist RBI applicants in fulfilling their investment requirements by identifying properties which meet the minimum investment criteria and providing exclusive VIP service, proprietary market data, and introductions to local service providers. 

For more, contact them at info@provenanceproperties.com or +1.345.640.7000.

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