Cayman Islands
🇰🇾

Cayman Islands

The world's premier offshore financial centre — zero income tax

Tax Score: 9.5/10
⭐ Featured Destination

Income Tax

0%

Corporate Tax

0%

Capital Gains

0%

Tax Benefits

Absolute Zero Tax Policy

The Cayman Islands imposes no income tax, capital gains tax, corporate tax, inheritance tax, or wealth tax — making it a true zero-tax jurisdiction.

Global Financial Hub

Home to thousands of hedge funds, private equity firms, and captive insurance companies. Robust legal framework based on English common law.

No Currency Controls

The Cayman Islands has no foreign exchange restrictions, allowing free movement of capital in and out of the jurisdiction.

Stable Political Environment

As a British Overseas Territory, the Cayman Islands benefits from political stability, an independent judiciary, and strong property rights.

Residency & Visa Programs

Certificate of Permanent Residence for Persons of Independent Means

Allows high-net-worth individuals to live in the Cayman Islands without working locally, based on property investment.

Requirements

Property purchase of CI$1M+ (Grand Cayman)

Processing

3–6 months

Min. Investment

CI$1,000,000+

Long-Term Resident Certificate (25-Year)

Grants long-term residency to individuals who have legally resided in the Cayman Islands for 25 years.

Requirements

25 years of continuous legal residence

Processing

Varies

Min. Investment

None (residency-based)

Real Estate Market

The Cayman Islands real estate market is high-end, driven by demand from HNWIs, financial professionals, and expatriates. Grand Cayman's Seven Mile Beach is among the Caribbean's most exclusive addresses.

  • Seven Mile Beach condos: USD 800,000–5M+
  • Interior / East End: USD 300,000–800,000
  • Rental yields: 4–7% in premium areas

Cost of Living

Rent 1BR (George Town)

USD 1,800–3,500/mo

Groceries (monthly)

USD 600–1,000

Dining out

USD 25–80/meal

Healthcare

Private insurance required

Internet

~USD 80/mo

The Cayman Islands is one of the most expensive places to live in the Caribbean. Almost everything is imported, so groceries and goods carry a premium. However, the zero-tax environment and high salaries offset costs for most residents.

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Data last reviewed: January 2024