Jamaica: the Next Cayman? The Plan to Attract the Super Rich
2 October 2010 by Karin in Current Affairs [ 2 comments ]
Here’s an eye opening and thought provoking article on Jamaica’s current strategy of attracting “high net worth individuals” to do business here.
“Jamaica wants to become the Caribbean’s next big investment magnet. Think about it and you’ll realise that’s not as unlikely as it might sound, says William Cash. If the likes of Panama, the Cayman Islands, St Kitts and the Turks and Caicos Islands can reinvent themselves as flourishing offshore tax havens, then why not Jamaica?
Read more at Spearswms.com
The author of this article has obviously been fed a load of horse shit from Bartlett, Samuda, and the rest… they can’t even implement the simple local reforms to the tax and business system that the JLP promised 3 years ago, and yet they think they can design a working and efficient international banking environment???
Plus the cost of doing business, both implicitly and explicitly, is very high in Jamaica… I live in Jamaica and I would much rather have my money in Cayman…
#FAIL
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