Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 16 SEPTEMBER 2008

Application For Residency By Persons Of Independent Means

Walkers
Walkers
Contributor
Walkers

Walkers

Firm Details Global Managing Partner: Ingrid Pierce Office Managing Partner: Daniel Wood Number of...

View firm profile
Explore more from Walkers

Pursuant to Section 34 of the Immigration Law (2007 Revision), the Chief Immigration Officer of the Cayman Islands may issue Residency Certificates for Persons of Independent Means. Such Residency Certificates are valid for twenty-five years and are renewable.

Cayman IslandsWealth Management
Author LinkedIn connections

INTRODUCTION

Pursuant to Section 34 of the Immigration Law (2007 Revision), the Chief Immigration Officer of the Cayman Islands may issue Residency Certificates for Persons of Independent Means. Such Residency Certificates are valid for twenty-five years and are renewable.

INVESTMENT/INCOME REQUIREMENTS FOR GRAND CAYMAN

Applicants for a Residency Certificate for Persons of Independent Means who wish to reside in the island of Grand Cayman must invest the sum of CI$750,000.00 in the island, at least CI$250,000.00 of which must be in developed residential real estate. Applicants must also have an annual income in the sum of CI$150,000.00 without the need to engage in employment in the Cayman Islands.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

CIMA’S New AML Audit Rules Effective 18 September 2026 And What Investment Funds Need To Know

The Cayman Islands Monetary Authority has introduced sweeping changes to anti-money laundering audit requirements for investment funds, mandating independent audits of entire compliance programmes by September 2026. This marks a fundamental departure from previous practice where internal AML officers could conduct their own testing, raising critical questions about implementation timelines, qualified auditor availability, and compliance costs for funds operating in the jurisdiction.
Cayman IslandsWealth Management
Dillon Eustace
Dillon Eustace
Article

The Future Of Islamic Finance: Insights From IFN UK Forum 2026

Islamic finance is experiencing rapid global expansion, with assets approaching US$6tn and record sukuk issuance attracting non-traditional investors. The convergence of Shariah-compliant and sustainable investing is creating new opportunities, while AAOIFI Standard No. 62 and tokenisation developments are reshaping how Islamic finance structures are designed and implemented across international markets.
United KingdomFinance and Banking
Walkers
Walkers