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Cayman Islands

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Requirements

Restricted Nationalities

No nationality is officially restricted

dual citizenship

Dual citizenship is recognized in Cayman Islands. You are not required to renounce your previous nationality to become a citizen of Cayman Islands.

Documents Required

  • Cover letter addressed to the Director of WORC with detailed summary of reasons for application
  • A certified/notarized copy of picture page of passport
  • Original signed and sealed, Police Clearance Certificate, less than 6 months old, from last place of residence
  • 1 full face passport sized photograph
  • Original medical declaration cover letter
  • Bank Reference Letters (local or overseas)
  • Financial Statement/s
  • Proof of Good Standing in respect of Accountant
  • Proof of local Investments
  • Evidence of Beneficial Ownership (if applicable)
  • Three written references from persons (not related to applicant or spouse) who have known you for at least 3 years
  • Evidence of adequate health insurance
  • Dependants' Documents
  • dual citizenship Yes
  • Family members included No
  • land ownership No
  • Physical residence required No
  • Personal visit required No
  • Language skills required No
  • Interview required No
  • Investment Single CI$1,000,000
  • Investment Family 4 CI$1,000,000
  • Minimum annual income CI$120,000 or CI$400,000 in a local Bank
  • Time to citizenship 60
  • Time to permanent residency
  • Visa-free countries 50
  • Financing available No

Country details

Cayman Islands
KYD
1345
George Town
North America
English
44,270

Visa Free Travel

With your new passport from Cayman Islands you'll be able to access 50 countries visa free
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Taxes

  • Property tax No
  • Transfer tax No
  • Inheritance tax No
  • Net worth tax No
  • CFC law No
  • Tax residency days 183
  • Personal income tax rate NA
  • Capital Gains tax rate NA
  • Investment income tax rate NA
  • Territorial taxation No

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