Application Process for Cayman

Permanent Residence Certificate for Persons of Independent Means

An applicant must submit Form R5, application fees and supporting documents to verify information about themselves and the investment to the Department of Immigration. The application will be reviewed and approved, if eligible. Eventually, the investor and their family members can apply for naturalization to the status of a British Overseas Territory Citizen, and subsequently apply for the right to be Caymanian. An additional benefit of this pathway is the possibility of securing a United Kingdom passport after five years.

Residence Certificate for Persons of Independent Means

Applicants must submit Form R2 along with application fees and supporting documents to the Department of Immigration, which will review and approve the application. Once the certificate is issued, the investor and family members can indefinitely reside in Cayman Islands.

Direct Investment Certificate

Applicants must submit Form R8, fees and supporting documentation to the Department of Immigration. After thorough assessment, an approval-in-principle will be issued, which is valid for a six month period during which the applicant must demonstrate that investment has been made and licenses have been obtained. Once this is done, the certificate will be issued. The certificate holder and family members can reside in Cayman Island for 25 years (the certificate can be renewed after this period) and work in the business they have invested in.

Residency Certificate (Substantial Business Presence)

Submit Form R6, application fees and supporting documentation (related to the applicant and business ownership) to the Department of Immigration. If the certificate is not immediately issued, an approval-in-principle will be issued for a six month period, during which the applicant must become compliant with all requirements. Subsequently, the certificate will be issued to the primary applicant and family members. The certificate holder(s) can reside in the Islands for 25 years. The certificate can be renewed upon the completion of this duration.

Government Fee for Various Program

Permanent Residence Certificate for Persons of Independent Means

• Application Fee: CI$500
• Fee paid after certification issuance: CI$100,000
• Certificate Issuance Fee for dependent: CI$1,000 for each dependent
• Fee for variation of certificate: CI$500

Residence Certificate for Persons of Independent Means

• Application Fee: CI$500
• Fee paid after certification issuance: CI$20,000
• Certificate Issuance Fee for dependent: CI$1,000 for each dependent
• Fee for variation of certificate: CI$500

Direct Investment Certificate

• Application Fee: CI$1,000
• Fee paid after certification issuance: CI$20,000
• Certificate Issuance Fee for dependent: CI$1,000 for each dependent
• Dependent Fee (payable annually): CI$1,000
• Fee for variation of certificate: CI$500
• Annual fee equal to fee paid by work permit holders in the same occupation: variable

Residency Certificate (Substantial Business Presence)

• Application Fee: CI$1,000
• Fee paid after certification issuance: CI$5,000
• Certificate Issuance Fee for dependent: CI$1,000 for each dependent
• Fee for variation of certificate: CI$500
• Annual fee equal to fee paid by work permit holders in the same occupation: variable

Note: Variation of certificate may imply varying the certificate to include the right to work, to add or remove dependents or to switch occupations.

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