
The Cayman Islands is a British Overseas Territory in the western Caribbean Sea. Its territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located to the south of Cuba and northeast of Honduras, between Jamaica and Mexico’s Yucatán Peninsula. The capital city is George Town on Grand Cayman, which is the most populous of the three islands.
minimum requirement
months processing time
The Cayman Islands
The Cayman Islands is a British Overseas Territory in the western Caribbean Sea. Its territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located to the south of Cuba and northeast of Honduras, between Jamaica and Mexico’s Yucatán Peninsula. The capital city is George Town on Grand Cayman, which is the most populous of the three islands.
Whilst the Cayman Islands’ sunny skies and turquoise waters help support a thriving tourism industry, its status as one of the leading financial services jurisdictions in the world has made the islands a preferred address for global corporations and has contributed to a strong and stable economy.
A tax-neutral jurisdiction, there are no property, income, corporate, capital gains, inheritance or sales (VAT) taxes in the Cayman Islands. In addition, there are no restrictions on foreign ownership of land and only a one-time stamp tax of 7.5% applies to property acquisitions.
Benefits
- Excellent healthcare
- Exceptional education facilities
- Tax friendliness -no income tax, no property tax and no company tax
- Two international, Miami airport is an hour away by plane.
- Pro-business environment
- Citizenship after 5 years
Real Estate Option 1
The applicant must invest US$1.2 million in local real estate. Successful applicants will qualify to apply for a 25-year residency certificate.
Additional requirements:
- Applicant must reside in the Cayman Islands for 30 days each year Restrictions
- Does not permit right to work
- Does not permit right to apply for naturalisation
Real Estate Option 2
The applicant must invest US$2.4 million in local real estate. Successful applicants will qualify to apply for permanent residency in the Cayman Islands.
ADDITIONAL REQUIREMENTS: Applicant must reside in the Cayman Islands for one day each year
FAQ
The Cayman Islands Residency by Investment program provides a pathway to naturalization and potential citizenship for investors. After your residency application is approved, you’ll be able to enjoy a tranquil and secure lifestyle, along with the financial advantages of the islands’ tax-neutral status.
The Cayman Islands offer convenient access from the USA, Europe, and Canada, with just a 70-minute flight from Miami.
With its sunny weather and clear turquoise waters, the islands boast a vibrant tourism sector. However, the key appeal for many investors is the opportunity to reside in one of the world’s top financial services centers.
Provided all criteria are fulfilled, you should receive your Cayman Islands residency certificate within four to six months.
The Cayman Islands residency program is a popular choice for investors seeking to include their families. In your application, you can include your spouse, as well as any children under 18 or those who are enrolled in a full-time university course. Additionally, you can include children over 18 if they are also enrolled in a full-time university course.
To qualify for Cayman Islands residency, you must make a minimum investment of US$1.2 million in a developed real estate project within the territory. This investment allows you to apply for a 25-year residency certificate.
For each investment option, you are required to spend a specific number of days in the Cayman Islands each year to maintain your residency status.
Month 1: Client onboarding process
We initiate the process with Form 1, which allows us to carry out preliminary due diligence for Dual Luxury World. After a successful review, we will send you a Client Agreement (CA) for your consideration and signature. Once we have the signed agreement and retainer payment, our legal team will prepare and submit all required government forms and supporting documents. If you opt to invest in property, you will also need to sign a sales and purchase agreement with the developer. We will manage communications with both the property developer and the Cayman Islands Immigration Department on your behalf.
Application Review and Submission
Before submitting your documents, we perform a detailed review of your application to ensure it aligns with the requirements set by the Cayman Islands Immigration Department. Our legal team will then carry out final checks before we proceed with the submission of the relevant forms. The Cayman Islands Immigration Department will also undertake its own due diligence and review of all documentation. Throughout this process, we will work closely with them to ensure your application is handled promptly and efficiently.
Cayman Islands Residency Certificate Granted
The Cayman Islands Immigration Department will evaluate your application. Once it is approved, you will need to pay all required contributions and government fees. After these payments are made, we will arrange for your residency certificates to be issued and sent to you.
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