94 UGLOBAL IMMIGRATION MAGAZINE
TWO PATHWAYS TO RESIDENCY IN THE CAYMAN ISLANDS
BY DANIEL ALTNEU
Foreign investors can obtain residency in Cayman Islands via real estate or business presence .
The Cayman Islands is an English-speaking British Overseas Territory , an hour ' s flight from Miami to the western Caribbean Sea .
Every year , more individuals from different jurisdictions take advantage of the territory ’ s unique tax neutrality , high GDP , and high living standards . They are also attracted to its natural beauty , modern infrastructure , stable government , strong rule of law , position as a leading international financial center , health services , education , low crime rate , and cosmopolitan vibe .
Foreign investors interested in obtaining residency in the
Cayman Islands have two definite options : either through a real estate investment or by establishing a substantial business presence .
WEALTHY INDIVIDUALS CAN OBTAIN PERMANENT RESIDENCE THROUGH REAL ESTATE INVESTMENTS
Over a decade ago , most applicants were retirees looking for somewhere to reside with a slow pace of life . Applicants typically purchased a condominium in one of the beachfront complexes and a corresponding 25-year Residency Certificate that did not lead to citizenship nor an ability to