Cayman Islands Investor Residency
A British Overseas Territory in the Caribbean, the Cayman Islands consist of three islands—Grand Cayman, Cayman Brac and Little Cayman. The Islands have the highest standard of living in the region and ranks at par with many other developed nations. Investors have the option of obtaining permanent residence in the Islands through significant economic investments.
Permanent Residence through Economic Investment in Cayman Islands offers the following benefits:
- Have a second passport without renouncing citizenship of your country.
- Option of obtaining permanent residence for a period of 25 years or for life depending on your investment opting.
- Enjoy the high standard of living and access to quality social, health, and educational facilities on the Islands.
- Enjoy the right to reside and work in the Cayman Islands
- Enjoy travel to all developed nations with flexible and easy visa requirements.
Inclusion of Family: Cayman Islands Investor Residency
The resident permit issued by Cayman Islands covers the following family members of the investor:
- Spouse;
- Dependent Children. Children enjoy the right to reside until completion of tertiary education or the attainment of age of 24 years, whichever comes first.
| Population | 56,732 |
| Country Size | 264 km2 |
| GDP (billion current USD) | 3.268 |
| Earning per capita (current USD) | 47,000 |
| Unemployment Rate | 6.20% |
| Inflation Rate | 1.70% |
| Passport Meter | Click Here |
| Cost Of Living | Click Here |
Minimum Investment Requirements: Cayman Islands Investor Residency
| Certificate for Persons of Independent Means For residing in Grand CaymanFor residing in Cayman Brac or Little Cayman | Minimum annual income of CI$120,000, andInvestment of CI$500,000 in Grand Cayman of which at least CI$250,000 in developed residential real estate.Minimum annual income of CI$75,000, and Investment of CI$250,000 in Grand Cayman of which at least CI$175,000 in developed residential real estate. |
| Certificate of Direct Investment | Investment of CI$1 million in a business |
| Certificate of Permanent Residence for Persons of Independent Means | Investment of CI$1.6 million in developed real estate. |
| Residency Certificate (Substantial Business Presence) | Minimum 10% ownership in an approved category of business through which a substantial business presence in the Islands will be established, orHold senior management capacity in an approved category of business in the Islands. |
Fees: Cayman Islands Investor Residency
| Application fee | |
| Residency Certificate for Persons of Independent Means | 500.00 |
| Certificate of Direct Investment | 1,000.00 |
| Certificate of Permanent Residency for Persons of Independent Means | 500 |
| Certificate of Permanent Residency (Substantial Business Presence) | 1000 |
| Issue fee | |
| Residency Certificate for Persons of Independent Means | 20,000.00 |
| Certificate of Direct Investment | 20,000.00 |
| Certificate of Permanent Residency for Persons of Independent Means | 100,000.00 |
| Certificate of Permanent Residency (Substantial Business Presence) | 5,000.00 |
| Issue fee per dependant | |
| Residency Certificate for Persons of Independent Means | 1,000.00 |
| Certificate of Direct Investment | 1,000.00 |
| Certificate of Permanent Residency for Persons of Independent Means | 1,000.00 |
| Certificate of Permanent Residency (Substantial Business Presence) | 1,000.00 |
| Annual fee per dependant | |
| Residency Certificate for Persons of Independent Means | NIL |
| Certificate of Direct Investment | 1,000.00 |
| Certificate of Permanent Residency for Persons of Independent Means | NIL |
| Certificate of Permanent Residency (Substantial Business Presence) | NIL |
| Annual fee | |
| Residency Certificate for Persons of Independent Means | Annual fee equivalent to fee payable by a person authorised by a work permit under section 48 in the same occupation |
| Certificate of Direct Investment | An annual fee equivalent to that payable by a person authorised by a work permit under section 48 in the same occupation |
| Certificate of Permanent Residency for Persons of Independent Means | An annual fee equivalent to that payable by a person authorised by a work permit holder in the same occupation |
| Certificate of Permanent Residency (Substantial Business Presence) | An annual fee equivalent to that payable by a person authorised by a work permit holder in the same occupation |
| Application for a variation | |
| Residency Certificate for Persons of Independent Means | 500 |
| Certificate of Direct Investment | 500 |
| Certificate of Permanent Residency for Persons of Independent Means | 500 |
| Certificate of Permanent Residency (Substantial Business Presence) | 500 |
Documents Required: Cayman Islands Investor Residency
- Cover letter with detailed summary.
- Evidence of Payment of Fees
- Certified copy of Picture page of Passport
- Police Clearance Certificate
- One full face and one profile photograph
- Medical Questionnaire
- Evidence of Financial Standing
- Financial statement(s) prepared as prescribed be applicable rules and regulations
- Proof of annual income
- Evidence of Local Investment
- References
- Evidence of Health Insurance
- Proof of attendance of child from the private school/university
- Marriage Certificate
- Birth Certificates
- Copy of Trade and Business License (if applicable)
Application Procedure
The application for Permanent Residence in Cayman Islands should be made to the Chief Immigration Officer. For more information about the rules applicable to different categories of permanent residence permits and the application procedure and government policy, please click here.
Read more about Overview of Cayman Islands’ PR Application Fees and Charges.
General Information: Contact us to receive more information about this article.Interested Investors: Kindly complete the following form and we will contact you to discuss your global residency and citizenship investment options.