Ask A Question  | Learn more about Cayman Islands

How can I gain permanent residency by investing in a new business in the Cayman Islands?

I'm a U.S.-based investor looking to expand my clean energy business. What options do I have if I want to set up clean technologies-based businesses like a solar energy farm on the islands? Would I get special tax incentives from the government apart from permanent residency?


Answers
  • Bedell Cristin
    May 20, 2022

    The only way to obtain a Certificate of Permanent Residence is to make the requisite minimum CI$2m investment in developed real estate (residential or commercial). Investing in a business may qualify you for extended (25-Year) residency but not a permanent facility. The proposal is very interesting but would require bespoke advice.