Cayman Permanent Residence
Cayman islands offer golden visa to HNW wealthy investors in the form of residence certificates. These residence certificate or permanent residence certificates issued to HNW investors and their families who can invest $1 million or more in Cayman real estate
Applicants for a Residential Certificate for Persons of Independent Means must now show that they have invested CI$1,000,000 (or US$1,219,512 ) in real estate in Grand Cayman, of which CI$500,000 (or US$609,756 ) must be invested in developed real estate.
The threshold for qualifying real estate assets for equivalent residency standing in the Sister Islands (Cayman Brac and Little Cayman) has also increased, from the previous figure of CI$250,000 (or US$304,878) to CI$500,000 (or US$609,756 ), half of which must be invested in developed real estate.
Applicants must still be able to show that they also have a continuous source of annual income of CI$120,000 (US$146,341.46 ) without the need for employment in the islands.
Applicants for permanent residence must show higher qualifying threshold and associated application fees.amounting to CI$2,000,000 (or US$2,439,024) in developed real estate.
A fee of CI$1,000 (or US$1,220) per dependant was payable annually in respect of any dependant of a holder of a Residential Certificate for Persons of Independent Means.
An investment of at least CI$1 million in a licensed employment generating business¹ (or businesses) in the Cayman Islands.
The holder of a Certificate of Direct Investment is entitled to reside in the Islands and to work in the business in which he has invested. His spouse and dependent children also have the right to reside in the Islands without the right to work.
Residency Certificate issued for 25 years for Substantial Business Presence activity. This is a long-term residence category for persons who invest in, or who are employed in a senior management capacity, within an approved category of business.
The Chief Immigration Officer will take into account –
Investors may acquire British overseas territories citizenship (BOTC) and passport in Cayman under the British Nationality Act 1981.
Naturalisation is granted on grounds of residence (Section 18(1)).