International producers have a new location to consider after The Cayman Islands Film Commission announced its 30% rebate on film, video, commercial, and television productions that shoot in the Caribbean locale.
The Commission has wasted little time unveiling the incentive following its conception on January 30 this year as a one-stop shop for local and offshore producers, financiers, studios and production teams.
Assisting the Caribbean organisation will be an advisory board composed of government appointed industry insiders and local Caymanian stakeholders.
Board members include Commission director Dr Dax Basdeo, Endeavor’s head of independent film Graham Taylor, screenwriter-producer James V Hart, writer-director Frank E Flowers, J2 Pictures and J2TV producer Jason Felts, and photographer Patrick Broderick.
Other members include Tax Credits co-founder Bruce Deichl, Walkers (Cayman Islands) partner Heidi de Vries, and Thomas D Selz, a founding partner at Frankfurt, Kurnit, Klein & Selz, which focuses on entertainment law.
The Cayman Islands Film Commission will be on hand throughout the 24th annual AFCI Locations Trade Show, which runs in Santa Monica from April 16 – 18.
Past productions in the British overseas territory include The Firm with Tom Cruise and Gene Hackman and Haven starring Orlando Bloom.
“We are confident the film incentives programme will enhance our competitive bid and serve to attract productions to our three islands,” the Hon Charles E Clifford, minister for tourism, environment, investment and commerce, said.
“The Cayman Islands have a great deal to offer the entertainment industry and our local talent pool is poised to embrace new opportunities and help contribute to our growth.”