About
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
Healthcare:
•Excellent healthcare
Education:
•Exceptional education facilities
Tax:
•Tax friendliness -no income tax, no property tax and no company tax
Ease of transportation:
•Two international, Miami airport is an hour away by
plane.
Pro-business:
•Pro-business environment
Citizenship:
•Citizenship after 5 years
Facts
Capital city:
•George Town
Language:
•English
Currency:
•Cayman Islands Dollar
Population:
•68,000
Total area:
•264 KM2
Time Zone:
•UTC -05:00
INVESTMENTS
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 BENEFITS
•Applicant may may apply for a variation to have the right to work
•Applicant may apply to be naturalised and receive a British Overseas Territory passport after 5 years
