Our Beautiful Island
Regarded as one of the safest islands in the Caribbean, the Cayman Islands are a British overseas territory located 90 minutes from Miami and 4.5 hours from New York or Toronto; a world-class country that is both beautiful and secure featuring spectacular scenery, a tropical climate, privacy and stunning beaches.
With investors from all of the world, the Cayman Islands provide a very attractive real estate investment. There are no restrictions on foreign ownership of property in the Cayman Islands and no alien landholding licenses required. Additionally, the Cayman Islands operates the Torrens system of land registration in which the government is the keeper of the master record of all land and their owners.
The Cayman Islands’ stable government, first-rate healthcare system, excellent schools offering US, UK and international based education models, first-rate communication services, and the clean environment, all lead to one of the highest standards of living in the Caribbean.
As the 6th largest banking center in the world with its banks and financial institutions holding more than US$1.7 trillion dollars in assets (roughly 6% of the world’s total banking assets), the Cayman Islands is a major international financial centre. The largest sectors are banking, hedge fund formation and investment, structured finance and securitisation, captive insurance and general corporate activities. With a total population of just over 65,000, Cayman features a strong economy, world-class infrastructure, a strong legal framework based on English Common Law, and 7th lowest debt to GDP ratio. With the 6th strongest currency in the world, the Cayman Islands also touts a Moody’s Aa3 rating.
Real Estate and Cayman Residency Options
The Government offers two residency options for individuals who purchase real estate in the Cayman Islands.
First is the Residency Certificate for Persons of Independent Means which is valid for 25 years and enables individuals and dependents to reside in Cayman without the right to work. Individuals must invest a minimum of US$1.2 million of which at least half must be in developed residential real estate in Grand Cayman.
The second is the Certificate of Permanent Residence for Persons of Independent Means wherein the holder and qualifying dependents have lifetime rights to reside in the Cayman Islands without the right to work. Individuals must invest a minimum of US$2.4 million in developed real estate in the Cayman Islands. This option also offers a path to naturalization as a British Overseas Territories Citizen once the applicant has been legally and ordinarily a resident in the Cayman Islands for five years.
Building Dreams with your Family
For generations, many families have made the Cayman Islands their home away from home. They often visit several times during the year watching their kids grow up enjoying the best the Cayman has to offer.
The activities and experiences that Cayman offers are wide and varied. Beaches, diving, snorkeling, family activities, golfing, watersports, shopping, restaurants, tours and adventures, nightlife, spas, farm-to-table experiences, yoga, gyms, horseback riding, caving, bicycling, birding, boating, fishing, kayaking, kitesurfing, paddle boarding, sailing, and the list goes on and on.
The lifestyle connected to the beach is endless from scuba diving to snorkeling to swimming and relaxing on the beach to watching the sunset from one of Cayman’s many top-ranked restaurants. As one of the top scuba diving destinations in the world, Cayman features 365 dive sites many of which are shore dives or a just quick boat ride away. Of course, you can just grab your snorkel and mask and immediately be transported into an underwater world.
Regarded as the culinary capital of the Caribbean Cayman offers an abundance of restaurants from legendary fish shacks to Michelin starred restaurants and everything in between. Dining is more than just eating in the Cayman Islands. It’s about sharing a meal with friends or family in stunning locations. Want to see an amazing Cayman sunset? Pull up a chair on the patio at Lobster Pot. What about the ultimate fine dining experience? Check out Blue by Eric Ripert at The Ritz-Carlton. And what about brunch? Cayman takes brunch very seriously and it’s not just a meal it is an experience. Take in brunch on Seven Mile Beach with endless bubbles and outstanding food at Tillie’s.
When it comes to lifestyle, the Cayman Islands offers something for everyone especially families looking to build a lifetime of memories in one of the most beautiful places on Earth.
Global Citizen Concierge
The Cayman Islands recently announced Global Citizen Concierge which allows persons who are employed outside of the Cayman Islands with the financial independence to live and work remotely in the Cayman Islands for up to 2 years. Applicants must make a minimum income of US$100,000 annually, if applying as an individual or a minimum income of US$150,000 annually, if applying with an accompanying spouse/civil partner. For more information on this program please visit the following website https://www.visitcaymanislands.com/en-ca/global-citizen-concierge/about-the-program which contains a wealth of information.