Requirements For Residency In The Cayman Islands

INTRODUCTION

Any person may apply to the Chief Immigration Officer for permission to take up initial residence with a view to obtaining permanent residency in the Cayman Islands. After a period of six months' initial residence, a formal application for permanent residency can be submitted to the Immigration Board for consideration. In order to qualify for residency, applicants must normally be in a position to support financially, both themselves and any members of their families accompanying them without the necessity of having to engage in employment in any form in the Cayman Islands. Applicants must also be in a position to make a substantial investment in a home or in a local enterprise within the Islands of at least CI$150,000.00 (US$180,000.00).