About The Cayman Islands
The Cayman Islands are a Territory in the Caribbean With strong ties to the United Kingdom and the Caribbean, trace history back to early settlers in the 1700s. They were based on a long history of sailing, great hospitality, and a pioneering spirit with a low crime rate.
Cayman Residence by InvestmentThe Cayman Islands offer HNW affluent investors a golden visa in the form of residence certificates. HNW investors and their families who invest $1 million or more in Cayman real estate receive a resident certificate or permanent residence certificate. Under the British Nationality Act 1981, investors can obtain British overseas territories citizenship (BOTC) and a passport in Cayman.
Investment ProgramsSubstantial Business
For Substantial Business Presence activities, a residency certificate is awarded for a period of 25 years. This is a long-term resident category for people who invest in or work in senior management positions in a recognized company sector.
Those who have an "employment-generating enterprise" are eligible for a Certificate of Direct Investment.
Validity of ResidenceIt is valid for a period of 25 years (if they spend at least 30 days in any calendar year), with the opportunity to renew for another 25 years.
Real Estate Investment
The acquisition of developed real estate valued at US$2.4 million or more is the simplest and quickest way to gain permanent residency in the Cayman Islands.
Investors for a Residential Certificate must now demonstrate that they have invested CI$1,000,000 (or US$1,219,512) in Cayman real estate, with CI$500,000 (or US$609,756) in developed real estate.
Applicants must still be able to demonstrate that they have a consistent source of yearly income of CI$120,000 (US$146,341.46) without having to work on the islands.
Investors seeking permanent residency must meet a higher qualification criterion and pay additional application expenses. In developed real estate, the amount is CI$2,000,000 (US$2,439,024).
Updates & New RulesApplicants, along with their spouses and any dependant children, have the right to stay in Cayman for a period of 25 years that can be renewed, but they do not have the right to work.
Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you.
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