Cayman Islands

Program: Certificate of Permanent Residence for Persons of Independent Means

Investment minimum: CI$2million (US$2.4 million) in developed real estate

  • Investment can be in single or multiple properties
  • No requirement to maintain the same investment during the residency period
    (free to buy and sell properties)

Investment holding period: Until obtaining the right to be Caymanian on grounds of Naturalization

Time to residence: 4-6 months waiting time for Certificate of Permanent Residence

Residency requirements:

90 days minimum spent in the Cayman Islands per year
No criminal convictions
Good health
Purchased locally compliant health insurance coverage
Can demonstrate the required financial standing (ability to maintain self/dependents adequately)

Eligible dependents:

  • Spouse
  • Children under the age of 18
  • Dependent children under the age of 24 (full-time students)
  • Parents, grandparents, grandchildren and siblings who are wholly dependent on the applicant

Key advantages:

  • No income, property, estate or corporate taxes
  • No restrictions on foreign ownership of real estate
  • High GDP and standard of living
  • One of the lowest crime rates in the Caribbean
  • Residents can vary their certificate to obtain the right to work
  • Residents are eligible to obtain a British passport

Time to citizenship: Can apply after 5 years of residence

  • 3 months waiting time for approval of an application for Naturalization as a British Overseas Territories Citizen (BOTC); then
  • 6 weeks waiting time for approval for a Cayman Islands passport; then
  • 3-4 months waiting time for approval of an application for registration as a British citizen; then
  • 6 weeks waiting time for issuance of British passport

Residence certificate fees:

Certificate of Permanent Residence for Persons of Independent Means

  • Application fee: CI$500 (US$610)
  • Grant fee: CI$100,000 (US$121,955)
  • Dependent fee: CI$1,000 (US$1,220)
  • Variation fee: CI$500 (US$610)

Citizenship fees:

Naturalisation as a BOTC

  • Adults: CI$825.00 (US$1,006.10)
  • Children: —

Registration as a BOTC

  • Adults: —
  • Children: CI$450.00 (US$548.78)

Cayman Islands Passport

  • Adults: CI$100.00 (US$121.95)
  • Children: CI$75.00 (US$91.46)

Right to be Caymanian on grounds of Naturalisation

  • Adults: CI$250.00 (US$304.87)
  • Children: CI$250.00 (US$304.87).

Concierge-Style Attention

Working closely with a small number of clients each year, Dasein takes the kind of personal, tailored approach you expect and deserve.

Valuable Affiliation

With decades of experience and an affiliation with the world’s leading private client-focused law firm, we can do what others can’t.

Holistic Solutions

Dasein will help you understand and prioritize the personal, professional, cultural, travel, tax and wealth planning aspects of residency and citizenship.

Let’s talk about your future.