applicants can apply per year
minimum requirement
months processing time
The Cayman Islands residency programme offers you the opportunity to live in a stunning country.
It boasts a modern infrastructure, a low crime rate, excellent healthcare and education facilities, and a pro-business environment – all of which make it a vibrant place to live.
Read moreDart Enterprises have transformed an island where cows used to roam the capital streets with billions of dollars in investment.
Additionally, Cayman Islands residents benefit from the country’s tax-neutral jurisdiction. A British Overseas Territory, the country levies no corporate or income taxes. Applications are processed in as little as four to six months.
To qualify for the Cayman Islands residency-by-investment programme, you must fulfil ONE of the following investment options AND other requirements:
You can obtain a Certificate of Direct Investment for Persons of Independent Means by investing US$1.2 million in an employment-generating business or businesses in the Cayman Islands. This allows you to live in the Islands and work for the company or companies you have invested in. Your spouse and dependant children will receive a Direct Investment Holder’s Dependant’s Certificate, which provides them with equivalent residency rights.
The application fee is US$1,200. You pay an additional US$24,300 when they issue the certificate and a further US$1,200 payable for each dependant.
If you own at least a 10% share in an approved business category or are employed in a senior management capacity within such a business, you qualify for a Substantial Business Presence Residency Certificate.
Approved business categories of business include captive insurance, financial trading, and investment banking companies. You will receive a 25-year Residency Certificate. When issued, you pay a US$6,000 grant fee, with each of your dependants incurring an additional US$1,200 fee.
If you would like to live in Grand Cayman, you must demonstrate that you earn at least US$150,000 a year outside the Cayman Islands. You also need to make a local investment of US$1.2 million (of which US$600,000 must be in developed real estate). The remaining US$600,000 must be actively invested in a company or property.
To become a resident of Little Cayman or Cayman Brac, you must prove that you earn at least US$90,000 outside the Cayman Islands. In addition, you will need to invest at least US$600,000 locally, of which at least US$300,000 must be in developed residential real estate.
Wherever you live, there is a one-time US$24,3000 fee payable when the Immigration Department issues you with the Residency Certificate. Dependants incur a US$1,200 payable fee. There are approximate US$6,000 legal expenses.
This option has no expiry date and qualifies you to be naturalized as a British Overseas Territories Citizen (BOTC). You are eligible for a BOTC passport after you have lived five years in the Cayman Islands. After five years as a BOTC Citizen, you can apply to become Caymanian.
You need to invest at least US$2.4 million in developed real estate and possess sufficient financial resources to maintain yourselves and your dependents. There is an application fee is US$600 with an additional US$120,000 due on issue and an additional US$1,200 per dependant.
The RIF Trust team has global experts in over 20 countries. We can advise in 14 languages. Let us help you find the perfect investment migration solution.
The RIF Trust team has global experts in over 20 countries. We can advise in 14 languages. Let us help you find the perfect investment migration solution.
We commence our process with Form 1. This enables us to carry out the initial RIF Trust, part of Latitude Group, due diligence. Following the successful screening, we provide you with a Client Agreement (CA) to review and sign.
Upon receiving the signed agreement and retainer payment, our legal team will complete all necessary government forms and supporting documents. If you make a property investment, you will need to execute a sales and purchase agreement with the developer. We will liaise with the property developer and the Cayman Islands Immigration Department on your behalf.
Before submitting your documents, we comprehensively review your application to ensure your file complies with the Cayman Islands Immigration Department's requirements. Our legal team will complete its final checks before submitting the relevant forms.
The Cayman Islands Immigration Department will undertake its own due diligence and reviews all the paperwork. We will continue to work closely with them throughout the process to ensure your application is timely and efficiently processed.
The Cayman Islands Immigration Department will assess your application, and upon approval, you must make all necessary contributions and pay any applicable government fees. We will then arrange for all relevant residence certificates to be sent out.
Cayman Islands residency offers investors a route to naturalization and eventual citizenship if desired. Once your residency application is processed, you can enjoy a relaxed and safe lifestyle while benefitting financially from the island’s tax-neutral status.
The Cayman Islands are easily accessible from the USA, Europe, and Canada. For example, they are only a short, 70-minute flight from Miami.
Sunny skies and turquoise waters help support a thriving tourism industry. Yet what really cements the decision for many investors is living in one of the leading financial services jurisdictions in the world.
If all required criteria are met, you can expect to receive your Cayman Islands residency certificate in between four to six months.
The Cayman Islands residency programme proves popular amongst investors seeking a family-inclusive option. Within your application, you can include your spouse and any children under 18 or who are enrolled in a full-time university course.
The minimum investment required to gain Cayman Islands residency is US$1.2 million in a developed real estate development project within the country. By doing so, you’ll have the opportunity to apply for a 25-year residency certificate in the country.
For each of the investment options, you will have to reside in the country for a set amount of days each year in order to maintain your residency status.
Our team operates in over 20 countries worldwide, securing second citizenship or residency in desirable locations and unlocking a brighter future.