Case Study: PeerIslands

PeerIslands, founded in 2018, is a technology services firm specialising in cloud-native application development, artificial intelligence (AI), data engineering and digital transformation. As the company expanded its U.S. client base, it became known for modernising legacy systems and facilitating cloud migrations. With strategic partnerships like MongoDB, PeerIslands saw rapid growth, but success brought challenges:

• Restricted work visas in the U.S.: Securing H-1B visas for highly skilled Indian nationals became difficult, delaying projects and causing stress for employees with families seeking dependent visas.
• Need for U.S. time zone alignment: To maintain real-time collaboration with North American clients, PeerIslands needed a jurisdiction in or near the same time zone as the U.S.
• Delays in talent deployment: Lengthy onboarding for international talent hindered PeerIslands’ ability to meet demand, limiting growth.

To continue scaling, PeerIslands needed a jurisdiction that simplified immigration processes, expedited talent deployment and provided an exceptional living environment for employees and families. The Cayman Islands emerged as the perfect solution.

In 2019, PeerIslands chose the Cayman Islands as the location for its tech operations, recognising it as the ideal jurisdiction to overcome regulatory and operational challenges. Cayman offers key advantages for growing tech firms:

• A growing tech ecosystem: The Cayman Islands has become a global hub for tech innovation, with modern infrastructure, intellectual property protections and a forward-thinking legal framework supporting emerging technologies like AI, blockchain and cloud services.
• Proximity to the U.S.: With overlapping time zones and daily direct flights to major U.S. cities, Cayman enables seamless collaboration and real-time support for American clients, avoiding the complexities of offshoring.
• Support for global talent and families: Cayman provides a high quality of life, with top-tier healthcare and education, and a safe environment. Immigration pathways also support tech professionals relocating with families.

By establishing a tech office in Cayman, PeerIslands positioned itself to attract and retain top talent while strengthening service delivery for U.S. clients.

Partnering with TechCayman was pivotal to PeerIslands’ successful expansion into the Cayman Islands. TechCayman provided the infrastructure and expert support necessary to integrate PeerIslands’ global operations smoothly, allowing them to focus on growth.

What TechCayman delivered:

• Fast-track permits and business licences: TechCayman facilitated a streamlined process, securing work visas and licences within 10 business days, enabling PeerIslands to avoid delays.
• Unlimited work visas: TechCayman’s immigration support allowed PeerIslands to relocate more than 60 software engineers and 80 family members.
• Personalised, white-glove services: TechCayman managed logistics from immigration paperwork to office set-up, allowing PeerIslands to focus on business priorities.
• Exclusive access to networks: Through TechCayman’s connections, PeerIslands gained introductions to investors and industry leaders, unlocking new growth opportunities.
• Flexible office location: TechCayman provided freedom to establish PeerIslands’ campus in the East End, creating a peaceful work environment for their team.

TechCayman’s comprehensive support allowed PeerIslands to concentrate on driving innovation while serving global clients.