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Which of the Islands welcome foreign business start ups / entrepreneurs?

Which of the Islands welcome foreign business start ups / entrepreneurs?

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Old Aug 12th 2013, 9:22 pm
  #1  
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Default Which of the Islands welcome foreign business start ups / entrepreneurs?

Before I begin my thread I just want to mention what a wonderful resource this forum is.

My wife and I are considering moving to one of the Caribbean Islands. I do not have a degree or a quantifiable skill (I am a business owner / entrepreneur). My wife is a Mental Health Nurse (UK).

We want to sell up and leave the UK and we are considering the Caribbean Islands. We are very open minded as to which one that would be. In all honesty, I think the Island will pick us, not the other way round. As much as the lifestyle is important, equally, the Island must welcome entrepreneurs and thus must be open to new business start ups. My wife has a degree in Mental Health Nursing but there does not appear to be much demand for this in the Islands. Therefore we, as family must start a new business venture, and I want to move to an Island that welcomes that, both in terms of immigration and as a matter or principle. The Cayman Islands, for example, would seem one of the more difficult Islands to emigrate to, whilst I have heard somewhere like St Lucia is more welcoming.

I have a young son and so whilst work/business opportunities are important, so is an average (or less) crime rate, good (does not have to be exceptional) education, a child/family friendly environment (for the most part), and also a strong economy.

I have heard, for example, that the Cayman Islands is more for young people, and St Lucia is a poor, declining economy.

Please ask further questions if needed.

I look forward to your feedback.

Kevin

Last edited by kevin041; Aug 12th 2013 at 9:47 pm.
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Old Aug 12th 2013, 11:43 pm
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Default Re: Which of the Islands welcome foreign business start ups / entrepreneurs?

Lots of Colombian import/export opportunities in islands like Trinidad or Providencia for entrepreneurs. Spanish helpful.

Hay muchas oportunidades para un hombre quien puede trabajar de la importacion del polvo blanca.
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Old Aug 15th 2013, 2:36 pm
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Default Re: Which of the Islands welcome foreign business start ups / entrepreneurs?

Panama. Lived in the Cayman islands for 14 years - not just for young people but yes you would need a business partner from the island.
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Old Aug 20th 2013, 4:33 am
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Default Re: Which of the Islands welcome foreign business start ups / entrepreneurs?

Cayman is pretty much out of the question. We've been here for 35 years, and while it's our permanent home and we're very comfortable here, anything to do with immigration is a huge and unpleasant hassle. I've blogged about this many times over the past three years, so won't go into detail here. Just - don't bother!
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Old Aug 30th 2013, 8:02 am
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Default Re: Which of the Islands welcome foreign business start ups / entrepreneurs?

Originally Posted by Caruthers
Lots of Colombian import/export opportunities in islands like Trinidad or Providencia for entrepreneurs. Spanish helpful.

Hay muchas oportunidades para un hombre quien puede trabajar de la importacion del polvo blanca.
What would Trinidadians want with processed sugar, do they not have any refineries for all the raw cane they grow?

Acabamos de cumplirse, pero por supuesto que vamos a tomar ese peluche en el aviĆ³n conmigo y lo entregan a su hijo
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Old Aug 30th 2013, 11:31 am
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Default Re: Which of the Islands welcome foreign business start ups / entrepreneurs?

Originally Posted by kevin041
Before I begin my thread I just want to mention what a wonderful resource this forum is.

My wife and I are considering moving to one of the Caribbean Islands. I do not have a degree or a quantifiable skill (I am a business owner / entrepreneur). My wife is a Mental Health Nurse (UK).

We want to sell up and leave the UK and we are considering the Caribbean Islands. We are very open minded as to which one that would be. In all honesty, I think the Island will pick us, not the other way round. As much as the lifestyle is important, equally, the Island must welcome entrepreneurs and thus must be open to new business start ups. My wife has a degree in Mental Health Nursing but there does not appear to be much demand for this in the Islands. Therefore we, as family must start a new business venture, and I want to move to an Island that welcomes that, both in terms of immigration and as a matter or principle. The Cayman Islands, for example, would seem one of the more difficult Islands to emigrate to, whilst I have heard somewhere like St Lucia is more welcoming.

I have a young son and so whilst work/business opportunities are important, so is an average (or less) crime rate, good (does not have to be exceptional) education, a child/family friendly environment (for the most part), and also a strong economy.

I have heard, for example, that the Cayman Islands is more for young people, and St Lucia is a poor, declining economy.

Please ask further questions if needed.

I look forward to your feedback.

Kevin
Apart from the still 'independent' islands you can pretty much bundle the rest of the Caribbean (not Trinidad) into the poor declining basket - Barbados hopefully excluded - particularly those that are debt-ridden, completely barren of any vision for growth and alleviation of poverty, and now thumbing their noses at the EU and US for example and moving towards socialist ideologies to ingratiate themselves to perceived opportunities in Latin America .
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Old Aug 30th 2013, 2:02 pm
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Default Re: Which of the Islands welcome foreign business start ups / entrepreneurs?

Originally Posted by Pistolpete2
Apart from the still 'independent' islands you can pretty much bundle the rest of the Caribbean (not Trinidad) into the poor declining basket - Barbados hopefully excluded - particularly those that are debt-ridden, completely barren of any vision for growth and alleviation of poverty, and now thumbing their noses at the EU and US for example and moving towards socialist ideologies to ingratiate themselves to perceived opportunities in Latin America .
for 'independent' should of course have said self-governing colonies. Sorry!
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Old Aug 30th 2013, 5:54 pm
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Default Re: Which of the Islands welcome foreign business start ups / entrepreneurs?

Originally Posted by MarkPManning
What would Trinidadians want with processed sugar, do they not have any refineries for all the raw cane they grow?

Acabamos de cumplirse, pero por supuesto que vamos a tomar ese peluche en el aviĆ³n conmigo y lo entregan a su hijo
Don't grow so much any more. Sugar beet destroyed that industry, long time passing. All the cane fields and cane cutters done gone.
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Old Sep 9th 2013, 7:44 pm
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Default Re: Which of the Islands welcome foreign business start ups / entrepreneurs?

Originally Posted by kevin041

My wife and I are considering moving to one of the Caribbean Islands. I do not have a degree or a quantifiable skill (I am a business owner / entrepreneur). My wife is a Mental Health Nurse (UK).

We want to sell up and leave the UK

I have heard, for example, that the Cayman Islands is more for young people, and St Lucia is a poor, declining economy.

Please ask further questions if needed.

I look forward to your feedback.

Kevin
In pure business sense, Cayman Island requires large investment. St. Lucia is much larger and diverse island.

You have not said what kind of business you run/ran ? And the core reason to move to the islands.

Go to cayman, rent a car, drive around and then decide. Can you afford the likes and kind of KPMG or Accenture of advice ? If not, look elsewhere.
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Old Sep 9th 2013, 7:48 pm
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Default Re: Which of the Islands welcome foreign business start ups / entrepreneurs?

Listen to Pistolpete2, he knows a lot about the lay of the land.
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Old Sep 9th 2013, 8:03 pm
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Default Re: Which of the Islands welcome foreign business start ups / entrepreneurs?

Originally Posted by anuny
Listen to Pistolpete2, he knows a lot about the lay of the land.
Or you could read this for which you might need to be registered with the FT on their free trial:

http://www.ft.com/intl/cms/s/0/68f43...#axzz2eQXC71HY

I would add that the EU is becoming increasingly annoyed by the fact that the Caricom nations are not living up to their side of the bargain under the Economic Partnership Agreement (EPA) which called for free trade, basically, initially, to continue to allow access for those bananas.

The islands, of course, want to tax or control imports of goods and services from the EU, much to the chagrin of grass roots inhabitants one would think, but then most probably don't know the EPA exists or what it really stands for.
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