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Can a previous overstay of a tourist visa hurt my residency application?

I am from South America and fell in love with the Cayman Islands many years ago, when I overstayed my visa and lived there for over a year. Now I am interested in relocating there, this time legally, with a direct investment. Will my past overstay ruin my application? Is there anything I can do to make my application better, business-wise?


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