Minimum investment
$2,439,024
Real estate
Stay
—
Application fee
$610
Tax
0.0%
Zero Income Tax
Path to staying
- Permanent residencypossible
- Citizenshipafter 11 years
- Permanent residency
- Citizenship 11 years
- Dual citizenship allowed
- Language required for citizenship
Overview
- Country
- Cayman Islands
- Program
- Person of Independent Means
- Local name
- Certificate of Permanent Residence R42
- Type
- Golden visa
- Status
- Active
- Min stay
- 1 days per 12 months
Permanent residency through a minimum CI$2 million (~$2.4M USD) investment in residential real estate. Limited to 250 certificates per year.
Investment options
| Type | Min amount | USD equivalent | Holding | Returnable | Required |
|---|---|---|---|---|---|
| Real estate | KYD 2,000,000 | $2,439,024 | — | Yes | Required |
Eligibility
- Criminal record check required
- Health check not required
- Health insurance required
Work rights
- Employment not allowed
- Self-employment not allowed
- Own a business allowed
- Work permit included no
Family and dependents
- Dependents allowed
- Yes
- Spouse included
- Yes
- Max child age
- 18
- Parents allowed
- No
Benefits and mobility
- Bank account can open
- Property purchase allowed
- Public healthcare no access
Tax
- Tax regime
- Exempt
- Tax rate
- 0.0%
- Regime name
- Zero Income Tax
- Foreign income taxed
- No
- Capital gains taxed
- No
How to apply
- Method
- in person
- Processing time
- 56–70 days
- Apply from abroad
- No
- Local representative
- Required
Notes
CI$2,000,000 minimum in developed residential real estate (~$2.4M USD). Limited to 250 certificates per year. Must maintain the real estate investment to keep permanent status. Application fee is CI$500, with a CI$100,000 issue fee on grant and CI$1,000 per dependant. Zero income tax, zero capital gains tax, zero inheritance tax. As of April 2026, Cayman Resident reports that new legislative changes are expected to delay BOTC/British citizenship and Caymanian status pathways for non-grandfathered applicants, with many cases requiring 11 years for BOTC eligibility and 20 years before Caymanian status.