MORE ABOUT Cayman Islands

Cayman Islands's Economic Residency

Economic Residency in the Cayman Islands (also known as the Cayman Islands Residency by Investment Programme) offers permanent residency to qualified investors who make substantial economic contributions to the Cayman Islands through various investment options.

Statistics

Cayman Islands - Economic Residency

Discover Economic Residency in the Cayman Islands

The Cayman Islands Residency by Investment Programme provides a pathway to permanent residency for investors looking to base their business and investment activities in the country. This program is designed to attract foreign capital to contribute to the Cayman Islands' economic growth and development.

Minimum Income Amount

US $2.4 million in developed real estate

Visa-Free Travel Countries

50

Months to Visa

4-6 months for processing

Overview

A Snapshot of Economic Residency in the Cayman Islands

A fast-track to permanent residency for qualified investors in the Cayman Islands

Eligibility Requirements

Substantial investment in approved sectors

Anchor Ancestor restrictions

Months to citizenship

Length of Visa

25-year Residency Certificate, renewable

Months to Visa

4-6 months for processing

Physical Presence Requirement

1 day per year

Availability

Limited

Family Allowance

Spouse and children

Overview

Benefits of Economic Residency in the Cayman Islands

Economic Residency in the Cayman Islands (the Cayman Islands Residency by Investment Programme) offers numerous advantages for investors looking to establish their presence in the Cayman Islands' thriving economy.

  • Fast-track to permanent residency for you and your immediate family
  • Tax-neutral jurisdiction with no income, capital gains, or property taxes
  • Minimal physical presence requirements for maintaining residency
  • Access to world-class healthcare and education facilities

How to Apply for the Economic Residency Program in the Cayman Islands

Submit application to the Cayman Islands Department of Immigration

Overview

Requirements for the Cayman Islands' Economic Residency Program

To qualify for the Economic Residency Program, applicants must meet specific criteria demonstrating their investment capacity.

  • Invest a minimum of US$2.4 million in developed real estate
  • Provide proof of the origin and legality of the invested funds
  • Pass a background check and have a clean criminal record
  • Demonstrate a continuous source of annual income of at least US$146,000
  • Provide proof of adequate health insurance coverage
  • Be at least 18 years old

Overview

Documents Needed for Cayman Islands's Economic Residency

Completed residency application form

Recent passport-sized photographs

Copy of passport biodata page

Proof of investment (e.g., property deed, bank statements)

Police clearance certificate from country of origin

Birth Certificate

Marriage Certificate

Medical examination results

Proof of income or assets

Bank reference letter

Discover How GlobalPassport Simplifies the Application Process for Cayman Islands's Economic Residency

Step-by-Step Guidance

Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.

Document Preparation

We'll help you gather and organize the documents you need for applying.

Application Submission

Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.

FAQs about Cayman Islands's Economic Residency

How long does it take to process an Economic Residency application?

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Can I include my family members in my Economic Residency application?

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What are the investment options under the Economic Residency Program?

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How often do I need to renew my residency permit?

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Can Economic Residency holders apply for Cayman Islands citizenship?

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Why the Cayman Islands

The Cayman Islands offers a strategic location, stable economy, and attractive lifestyle for investors and entrepreneurs.

Benefits:

  • Political and economic stability
  • Strategic location in the Caribbean
  • Beautiful beaches and year-round tropical climate

Advantages:

  • Tax-neutral jurisdiction
  • World-class financial services sector
  • High standard of living and modern infrastructure

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