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LOCATION: Western Caribbean
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POPULATION: 65,998
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LANGUAGE SPOKEN: English
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CURRENCY: Cayman Islands Dollar
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CAPITAL: George Town
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NEAREST AIRPORT: George Town
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MAJOR INDUSTRIES: Financial, Tourism, Technology

CAYMAN ISLANDS

Located in the Western Caribbean, 450 miles southwest of Miami, the Cayman Islands is a British Overseas Territory and a well-regulated financial centre with a politically stable government and an enviably high standard of living.
With plentiful natural beauty, excellent infrastructure and legal services, a high level of tax-friendliness, and world class lifestyle options, the Cayman Islands is an excellent place to consider for second residency.
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CAYMAN ISLANDS RESIDENCY PROGRAMS

The path to obtaining residency can be a simple and straightforward process for persons of independent means and for qualified business investors. With four residency certificate options to choose from, a growing number of discerning individuals now live and work in one of the world’s premier financial centres.
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Investment requirements:
The Cayman Islands Government offers the following residency by investment through real estate programmes and business investments for individuals who are seeking permanent residence in the Cayman Islands.
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CERTIFICATE OF PERMANENT RESIDENCY FOR PERSONS OF INDEPENDENT MEANS
Persons who invest a minimum US$2.4 million in developed real estate in the Cayman Islands may apply for a Certificate of Permanent Residence for Persons of Independent Means. This programme permits the ability to work in Cayman and eventually qualify for a British Overseas Territory passport and then a UK passport.
RESIDENCY CERTIFICATE FOR PERSONS OF INDEPENDENT MEANS
This facility is for persons who wish to reside long-term in the Cayman Islands without the right to work. Applicants will be required to demonstrate that they have invested a prescribed minimum US$ 1.2 million in developed real estate in the Islands and show annual income of at least US$144,000/ year derived outside of the Cayman Islands.
CERTIFICATE OF DIRECT INVESTMENT
The Certificate of Direct Investment is for persons who invest, or propose to invest, a minimum prescribed amount in a licensed employment generating business in the Cayman Islands and in which he/she will exercise substantial management control.
RESIDENCY CERTIFICATE (SUBSTANTIAL BUSINESS PRESENCE)
This facility is for persons who invest in, or who are employed in a senior management capacity within, an approved category of business in the Cayman Islands. These approved category primarily include financial and legal services.
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Applicant requirements:
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  • Have a clean criminal record
  • Pass a medical exam
  • Purchase locally compliant health insurance coverage
  • Demonstrate the required financial standing
  • Meet the minimum required business or real estate investment
 
Key Benefits:
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  • Enjoy travel to all developed nations with flexible and easy visa requirements.
  • Have a second passport without renouncing citizenship of one’s country.
  • Option of obtaining permanent residence for a period of 25 years or for life depending on investment.
  • The resident permit issued by Cayman Islands covers Spouse and dependent Children.
  • British Overseas Territory.
  • One of the highest standards of living in the world.
  • No restriction on foreign ownership of land.
  • No direct taxation in the form of corporate, capital gains, inheritance, personal income, sales (VAT) or recurring property taxes.
  • Convenient location with nonstop flights to London Heathrow and major North American cities, including a 90-minute flight to Miami.
  • A sophisticated infrastructure with modern hospitals, reliable telecommunications, quality education and an extensive paved road network.
  • Strong and stable economy.
  • Low crime rate.
  • High-quality real estate, shops, services, hotels and restaurants.
  • Friendly, welcoming and educated population. 
 
Annual residency requirement under each program:
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  • Certificate of Permanent Residence: 1 day.
  • Residency Certificate for Persons of Independent Means: 30 days
  • Certificate of Direct Investment: 90 days
  • Substantial Business Presence: 90 days
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Citizenship-by-Investment:
The Cayman Islands don’t offer a pure citizenship-by-investment program, but as a British Overseas Territory, its permanent residents become eligible for a Cayman Islands passport after five years and a British passport within twelve months thereafter.​
Disclaimer:
1. Please note, all information provided here should not be considered legal advice.
2. The text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its contents.
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