How to Get Cayman Islands Residency and Pay Zero Tax

The Cayman Islands is a British Overseas Territory in the western Caribbean Sea known for its beaches, resorts, and tax-friendly regime.

– No income, property, or corporate tax. – Highly developed education, healthcare, and legal system. – Excellent living standards. – Well-connected to the rest of the world.

Benefits of Living in the Cayman Islands

You can get a Cayman Islands residency through the following means: – Cayman Islands Residency for Persons of Independent Means – Certificate of Direct Investment – Cayman Islands Residency Certificate through Substantial Business Presence – Cayman Islands Permanent Residency

How to Get Cayman Islands Residency

– The permit lasts for 25 years. – You can bring your spouse and dependents. – You can't work in the Cayman Islands on this permit.

Cayman Islands Residency for Persons of Independent Means

– You must earn a foreign annual income of $150,000. – You must maintain a Cayman Islands bank account with nearly $500,000. – If you wish to live in Grand Cayman, you must invest $1,200,000 in the country (including $610,000 in real estate).

– The certificate lasts for 25 years. – You can bring your spouse and dependents. – You must actively manage ad invest $1,200,000 into a business. – You must hire at least 30% of Caymanian employees (with some exceptions). – You must live in the Cayman Islands for at least 90 days per year.

Certificate of Direct Investment

– The certificate is renewable and lasts for 25 years. – The certificate enables you to work in the Cayman Islands.

Cayman Islands Residency Certificate through Substantial Business Presence

– You must own (or propose to hold) at least 10% of the business shares in a business in an approved industry. – Alternatively, you must work at a senior management level. – You must live in the Cayman Islands for at least 90 days per year.

– Gateway to Cayman citizenship – You must invest $2,400,000 in developed real estate in the Cayman Islands. – You can bring your spouse and dependents. – The permit enables you and your spouse to work in the Cayman Islands.

Cayman Islands Permanent Residency

If you acquire permanent residency, don't leave the Islands for more than 90 days at a time, and live in the country for most of the five years, you can be eligible for British Overseas Territories Citizenship.

Can I Get a Cayman Islands Passport?

Living in a tax-friendly British Overseas Territory has its perks. Still, the Cayman Islands residency comes with a huge price tag that everyone may not appreciate. If you want to pursue Cayman Islands residency or better, affordable alternatives, reach out to Nomad Capitalist.

Is Cayman Islands Residency Worth It?

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