Cayman Costs

Cayman Costs · Guides

Guides

Cited, plain-language guides on permanent residence, term limits, property costs and moving to the Cayman Islands.

Permanent residence

The nine-factor points assessment, the annual caps, fees and the History & Culture test.

Permanent residence7 min

Factor 8 of the Cayman PR Points System: Nationality, the Percentage Rule and the Court Rulings Explained

Nationality scores 0, 5 or 10 points by its share of work permits. The Grand Court found the system unconstitutional in part in 2023, the Privy Council reversed that unanimously in April 2025, and the Immigration Appeals Tribunal ruled on dual nationals in March 2026. Each decision set out neutrally.

News & updates7 min

What Changed for Cayman Permanent Residence on 1 May 2026, and What Did Not

The two Amendment Acts left the eight-year residence requirement, the nine-year term limit and the points system unchanged; the nine- and ten-year figures were in the draft Bill only. What did change: twenty years to Caymanian status, a fifteen-year spouse certificate, a CI$250 annual declaration, revocation grounds and fees.

Permanent residence7 min

Cayman Islands PR Fees and Timeline in 2026: Every Government Charge From Filing to the First Annual Declaration

The application fee is CI$1,500, CI$2,500 or CI$5,000 by work-permit fee band from 1 May 2026, with permission-to-work, dependant, declaration and status fees alongside. Each line cited to the Fees Regulations, and the sequence from the test sitting to grant.

Permanent residence7 min

The Cayman Islands History and Culture Test Explained: Format, Sources and How the 20 Points Are Awarded

Factor 6 of the PR points assessment: forty questions, half a point each, one reschedule within thirty days, zero if missed. What Schedule 2 says, where the questions come from, the seven topic areas and how the score enters the 110-point total.

Permanent residence8 min

Community Service for Cayman PR Points: Categories, the 35-Hour Rule and the Documentation the Board Accepts

Factor 5 awards 2 or 1.5 points per year across eleven named activities, each needing 35 hours a year, inside an eight-year window and a 20-point cap. Who has to sign the letter, what it has to say, and how to keep the record over eight years.

Permanent residence8 min

Charitable Donations That Count Towards Cayman PR Points: The CI$2,000 Floor and the Annual Cap

Personal donations earn 1.5 permanent-residence points for each year of at least CI$2,000, for up to eight years, inside a 20-point cap shared with every other community activity. What the Gazette says, what a lump sum is worth, and the letter the Board accepts.

Permanent residence13 min

Cayman Islands Permanent Residence Points: The Complete Guide to All 9 Factors (2026)

Every factor in Schedule 2 of the Immigration Regulations with its Gazette page, the 110-point threshold, the annual caps on community involvement, the fees from 1 May 2026 and what the Amendment Acts left unchanged.

Term limit & roll-over

The nine-year term limit, the eight-year PR window and what changed on 1 May 2026.

Property & costs

Stamp duty, closing costs, mortgages and the buying process, every figure cited.

Property6 min

Tax Implications of Buying Property in the Cayman Islands: What Does Not Exist, What Does, and Reporting at Home

No property, income, capital gains, inheritance or wealth tax and no VAT (PwC, May 2026). The one tax is stamp duty on the transfer and the mortgage, with the Land Holding Companies Share Transfer Tax for company sales. The recurring costs that do exist, and one-line reporting notes for US, UK and Canadian buyers.

Mortgages7 min

Cayman Islands Mortgages Compared: What Butterfield, Cayman National, RBC, Scotiabank, CIBC and PROVEN Publish (2026)

Loan-to-value from 80% to 95%, terms from 30 to 40 years, rates set off US prime and mostly unpublished. What each bank's own page says, read 2 September 2026, plus the duty, fees and insurance around the loan.

Property8 min

Understanding Cayman Islands Stamp Duty: The 7.5% and 10% Rates, Caymanian Concessions and Mortgage Duty (2026)

Stamp duty is the one tax event in a Cayman property purchase: 7.5% of the consideration, 10% from CI$2,000,000 since 1 January 2026, and 1% or 1.5% on the mortgage. Every band with the Schedule paragraph it comes from, the Caymanian first- and second-property thresholds, chattels, valuation and three worked examples.

Property6 min

Foreign Buyer Requirements in the Cayman Islands: No Restrictions on Ownership, and the Formalities That Do Apply

Foreign individuals and companies may own Cayman land without a licence and pay the same stamp duty as locals. What does apply: registered title with a Government guarantee, the Land Holding Companies Share Transfer Tax for company purchases, narrower bank financing, planning permission, and home-country reporting.

Property6 min

Strata and HOA Fees in the Cayman Islands: What the Fee Pays For, How It Is Set and What to Read Before Buying

A strata fee is the owner's share of building insurance, common-area upkeep, management and the reserve fund, apportioned by unit entitlement under the Strata Titles Registration Act (2013 Revision). No island-wide range is published; the documents that explain a given fee are listed.

Property7 min

Buying Property in the Cayman Islands Step by Step: Offer, Financing, Completion, Stamping and Registration

From the binding CIREBA offer-to-purchase through valuation, due diligence and completion to stamping at Lands and Survey and registration within 45 days: each step with its cost and its source, and a hand-off to the closing-costs calculator.

Property

Property Costs Calculator Guide

Field-by-field instructions for estimating stamp duty, legal fees, and total closing costs.

Moving to Cayman

Cost of living, rent by district and what daily life in Cayman actually costs.

Cost of living7 min

Cayman Islands Rent by District in 2026: What Tenants Pay and What Newcomers Are Asked

The ESO's survey of rents actually paid (median CI$1,300; one-bedroom CI$1,000) beside agents' asking ranges for vacant units (one-bedroom CI$900 in West Bay to CI$4,000 on Seven Mile Beach), district by district, with the ESO rent index and the 2026 market reports.

Cost of living9 min

Living in the Cayman Islands: The Advantages and Disadvantages, With Sources

No direct tax, a pegged dollar, low violent crime and 84% quality-of-life satisfaction, against rents up 8.9% in a year, high electricity and school costs, traffic, hurricanes, rising recorded crime and a nine-year work permit. Each side sourced; the weighing left to the reader.

Cost of living10 min

Cost of Living in the Cayman Islands in 2026: A Budget for One Person and for a Family, From Published Figures Only

Rent, electricity, water, mandatory health insurance and pension, fuel, phone and internet, and school fees from the ESO, the utilities, the regulators and the schools' own tariffs, assembled into two monthly budgets with every estimate labelled and every missing figure named.

Immigration13 min

Moving to the Cayman Islands in 2026: Permits, Rent, Cost of Living, Schools, Healthcare, Banking and How Long You Can Stay

The work permit and the 1 May 2026 hiring rules, what tenants pay and what newcomers are asked, the cost of living from ESO and utility data, mandatory health insurance and pensions, schools, hospitals, banking, cars, the tax position, hurricanes and crime, each with its source, ending at the nine-year clock.

Import & customs

COLS Checklist & Import Guide

Documents needed to clear goods through Cayman Islands Customs, how to describe goods, and common pitfalls.