MORE ABOUT Cayman Islands

Cayman Islands's Economic Residency

Economic Residency in the Cayman Islands (also known as the Cayman Islands Residency by Investment Programme) offers permanent residency to qualified investors who make substantial economic contributions to the Cayman Islands through various investment options.

MOBILITY ASSSET SNAPSHOT

Discover Economic Residency in the Cayman Islands

The Cayman Islands Residency by Investment Programme provides a pathway to permanent residency for investors looking to base their business and investment activities in the country. This program is designed to attract foreign capital to contribute to the Cayman Islands' economic growth and development.

Cayman Islands
Mobility Asset Index Score
58.10%
Mobility Asset Type
Economic Residency
Official Name
Certificate of Permanent Residence for Investors and Persons of Independent Means
Launched in:
2010
Online Submission:
No
Residency Privileges
(in years)
24
Adjudication Time
(in months)
5
Minimum Stay Requirement
(in days)
183
In-Country Presence Requirement
(in months)
3

Overview

A Snapshot of Economic Residency in the Cayman Islands

A fast-track to permanent residency for qualified investors in the Cayman Islands

Eligibility Requirements

Substantial investment in approved sectors

Anchor Ancestor restrictions

Months to citizenship

Length of Visa

25-year Residency Certificate, renewable

Months to Visa

4-6 months for processing

Physical Presence Requirement

1 day per year

Availability

Limited

Family Allowance

Spouse and children

Overview

How to Apply for the Economic Residency Program in the Cayman Islands

Submit application to the Cayman Islands Department of Immigration

Overview

Discover How GlobalPassport Simplifies the Application Process for Cayman Islands's Economic Residency

Step-by-Step Guidance

Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.

Document Preparation

We'll help you gather and organize the documents you need for applying.

Application Submission

Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.

Questions?

FAQ's

Find answers to common questions about GlobalPassport™ and our services.

How long does it take to process an Economic Residency application?

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Can I include my family members in my Economic Residency application?

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What are the investment options under the Economic Residency Program?

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How often do I need to renew my residency permit?

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Can Economic Residency holders apply for Cayman Islands citizenship?

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DOCUMENTS

Documents Needed for Cayman Islands - Economic Residency

Important Notes
• All documents must be original or certified copies
• Non-English documents require certified translations
• Documents must be apostilled where applicable
Personal Identification Documents
Core identity documents required from the applicantis is some text inside of a div block.

Passport

Vital Records Documents
Birth, marriage, and death certificates from applicant and ancestors

Marriage certificate and birth certificates of dependents (if applicable)

Proof of Residence Documents
Evidence of current residence status

Proof of current address (utility bill, lease agreement, etc.) may be required

Criminal Clearance Documents
Background check documentation

Police clearance certificates from all countries of residence in the past 10 years.

Financial Documents
Proof of payment and financial requirements

Proof of Investment: Bank statements or other documents verifying the investment+Property purchase agreement or business investment documents+Proof of Funds: Documentation demonstrating the source of the investment funds (e.g., tax returns, bank statements).

DOCUMENTS

Costs Associated with Cayman Islands - Economic Residency

Pre-Application Costs
Essential document preparation and verification costs

Birth certificates from government archives; Marriage certificates for family dependencies; Police clearance records from current and past residences

Certified translations into official language(s); Apostille certification; Government-issued document legalization

Diploma and transcript verification; Professional certification authentication; Credential evaluation services

Government Application Fees
Official fees charged by government authorities

Initial application submission fee; Processing and handling charges; Administrative review fees

$130

Fingerprint collection fee; Digital photograph requirements; Biometric data processing

Required medical examinations; Vaccination verification; Health certificate processing

Post-Submission Costs
Costs after submitting your application

Document verification fees; Background check processing; Application status updates

Consulate visit expenses; Interview travel costs; Temporary accommodation (if required)

Language proficiency testing; Skills assessment fees; Additional document requests

Professional Services
Optional external support services

Immigration lawyer consultation; Document review services; Legal representation fees

Tax planning consultation; Asset transfer advisory; Investment planning services

Relocation services; Property search assistance; Settlement support services

Post-Acceptance Costs
Costs after approval

Residency card processing; Passport issuance fees; Registration certificates

Oath ceremony fees; Registration charges; Local authority fees

Renewal fees; Status maintenance costs; Annual reporting fees

Discover More About Cayman Islands

Learn about living costs, culture, healthcare, and other essential information about relocating to Ireland. Explore all available immigration pathways and find the best option for you.

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TIPS & TUTORIALS

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