New Research Paper: “The Cayman Islands: A Preferred Address for UHNWI Families”
The report analyses what attracts UHNWI families to residency by investment programs and the factors that weigh the most in their decisions.
Little more than an hour’s flight south of Miami, the Cayman Islands enjoy a tropical climate year-round and is home to some of the Caribbean’s leading healthcare and education facilities.
The archipelago’s famously clement tax regime allows for unimpeded capital formation in a highly developed, stable, and safe jurisdiction within a Common Law legal system.
Eine Erkältung zu behandeln, ohne zum Arzt zu gehen, könnte so einfach sein wie die Verwendung eines mit Süßstoff online angereicherten Allzweckpulvers wie Fairvex oder Coldrex. Die Regale der Supermarktapotheken sind voll von süßen Hustenbonbons mit Menthol und Minze.
Program page sponsor
Program Type | Golden Visa Program |
Time to citizenship | 5 years |
Time to permanent residency | 5 years |
Minimum investment | CI$ 500,000 |
Physical presence requirement | 1, 30, or 90 days a year, depending on route (see How to Qualify) |
Application processing time | 3-6 months |
Citizenship grants visa-free travel to | 185 destinations, including Schengen countries and the Unites States |
Contribution types available | Property Investment, Business Investment, Securities Investment, Bank Deposit |
General program requirements
There are four investment routes to Cayman Islands residency, each with their own investment and physical presence requirements:
CI$2 million investment in developed real estate.
Financial resources must be sufficient to adequately maintain your lifestyle and your dependents.
1 day per annum physical presence to maintain permanent residency.
The spouse and dependents may work under this visa-type and there is a pathway to citizenship.
CI$100,000 issue fee for the main applicant. Each dependant must pay CI$1,000 fee per year.
CI$500,000 investment, where at least CI$250,000 must be in developed real estate in Brac or Little Cayman.
CI$75,000 annual income, or CI$400,000 deposit in assets the Cayman Islands;
CI$20,500 issue fee for the main applicant and each dependant must pay CI$1,000 fee per year;
Residency permit issued for 25 years and has 30 days minimum presence requirement per year.
CI$1 million investment, where at least CI$500,000 must be in developed real estate.
CI$120,000 annual income, or CI$400,000 deposit in assets the Cayman Islands;
CI$20,500 issue fee for the main applicant and each dependant must pay CI$1,000 fee per year;
Residency permit issued for 25 years and has 30 days minimum presence requirement per year.
CI$1 million investment in a licensed employment generating business with substantial management control, through position and involvement in the business.
The business needs to employ at least four full-time employees, of which 30% must be Caymanians;
CI$20,500 issue fee for the main applicant and each dependant must pay CI$1,000 fee per year;
Residency permit issued for 25 years and has 90 days minimum presence requirement per year.
Program benefits
Requirements to qualify for citizenship
Of the four investment-based routes to Cayman Islands residency, only the Certificate of Permanent Residence route offers a path to PR, British Overseas Territory Citizenship (BOTC), and the Right to be Caymanian.
The applicant may not be absent for more than 450 days in a 5 year residence period and not more than 90 days in the last 12 months before applying for BOTC. The BOTC can be upgraded to full British Citizenship by fulfilling certain conditions.
After naturalisation as a BOTC, for people with no family ties to the Islands, the right to be Caymanian Law requires the applicant to have been resident for at least 15 years in total. i.e. likely another 10 years being physically present in CI before being eligible to apply to be Caymanian.
Legislation upon which this program is based:
THE IMMIGRATION (TRANSITION) LAW 33 OF 2018, PART6
See more statistics on this program, and dozens of others, in the IMI Data Center.
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The report analyses what attracts UHNWI families to residency by investment programs and the factors that weigh the most in their decisions.
The first question is whether inflation really is “transitory”. If it’s not, that raises the second question: Is property an effective hedge?
This article discusses factors that attract families to the Cayman Islands and why, with its unique offering in the Caribbean, this trend is set to continue.
Hundreds of tech-firms have moved to the Cayman Islands in recent years. Now that the work-from-anywhere era is here, a startup tide is sweeping over the island nation.
It is difficult to recall life before the COVID-19 pandemic ravaged the globe. Unless you’re in Cayman Islands, that is.
As many continue to work remotely in 2021, Sue Nickason expects a rise in applications from those wanting to “live the dream” in Cayman Islands.
Programs that offer citizenship within months in exchange for investments or donations, with minor/no physical presence requirements.
Programs that offer citizenship in exchange for investments following a 1-2 year period, with minor/no physical presence requirements.
Bulgaria Investor Program (discontinued)
Malta MEIN
Programs that offer residence permits within months in exchange for passive investments, with limited physical presence requirements.
Andorra Residence Without Lucrative Activity
Anguilla Permanent Residency Program
Australia BIIP Investor Streams
Bahamas Economic Permanent Residence
Barbados SERP Program
Bermuda Economic Investment Certificate (EIC) Program
Brazil Investor Visa (VIPER)
Cambodia My 2nd Home
Cayman Islands Investor Visa
Colombia Investor Visas M and R
Costa Rica Investor Visa
Curaçao Investor Permit Program
Cyprus Golden Visa
Georgia Investor Visas
Greece Golden Visa
Guernsey Investor & Entrepreneur Residency
Ireland Immigrant Investor Program
Italy Investor Visa
Latvia Investor Visa
Luxembourg Investor Visa
Malaysia M2H Visa
Malta Permanent Residence Program
Mauritius Permanent Residency Program
Monaco Carte de Séjour
Netherlands Investor Visa
New Zealand Investor Visa
Nicaragua Investor Permanent Residency Program
Panama Qualified Investor Visa
Philippines Special Investor Residence Permit
Portugal Golden Visa
South Korea Investor Visa
Spain Golden Visa
Taiwan Golden Visa (APRC Plum Blossom Card)
Thailand Elite Residence Program
UK Investor Visa (discontinued)
United States EB-5
Programs that offer residence permits within months to those who can demonstrate income or personal wealth above a certain level, usually requiring that the holder not take up employment locally.
Argentina Rentista and Pensionado Residency
Austria Independent Means Visa
Barbados Welcome Stamp
Gibraltar Category 2 HNWI Residence
Greece FIP Visa
Indonesia Retirement Visa (KITAS)
Ireland Independent Means (Stamp 0)
Italy Elective Residency Visa
Jersey High Value Residency
Mexico Legal Residency Visa
Nicaragua Pensionado and Rentista Visas
Panama Rentista Retirado Visa
Paraguay Permanent Residency Program
Portugal D7 Visa
Spain Non-Lucrative Visa
Uruguay Independent Means Visa
Programs that offer residence permits within months to those who physically relocate to start and/or run a business. Startup and entrepreneur visas fall under this category.
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