Are you looking to make a move to the beautiful Cayman Islands? With its white sand beaches, crystal clear waters and a vibrant culture, it’s no wonder so many people are considering relocating to this tropical paradise.
At Crighton Properties, we understand that moving to a new country can be overwhelming. That’s why we’re here to help you make the transition as smooth as possible. Here’s everything you need to know about moving to the Cayman Islands:
Moving to the Cayman Islands: Why it’s a good idea
There are several factors that make the Cayman Islands one of the top choices for those looking to relocate. These include:
The stable economy
The Cayman Islands have a thriving economy, with a strong financial services sector, a thriving tourism industry, and a growing real estate market. This stability provides several opportunities for employment and makes it a great place to start or grow a business.
Residents of the Cayman Islands enjoy year-round sunshine, with temperatures rarely dipping below 75°F or going higher than 90°F. The climate is classified as tropical, with warm and humid conditions. The rainy season in the Cayman Islands lasts from May to October, with the wettest months being September and October. During this time, you can expect brief but heavy rain showers, particularly in the late afternoon or early evening. Outside of the wet season, you can expect the weather conditions to be ideal for lounging on the beach or exploring the territory.
The beautiful natural setting
Long considered to be one of the best tourist destinations on the planet, the Cayman Islands are known for their stunning beaches, crystal clear waters (great for scuba diving!), and abundant marine life.
The Cayman Islands is a melting pot of cultures that uniquely blends Caribbean, European, and North American influences. Caymanians are friendly and hospitable, making it easy to find a welcoming social network regardless of your background.
Citizens of the Cayman Islands enjoy the highest standard of living in the Caribbean. The territory has a low crime rate, and Caymanians are afforded excellent healthcare and schooling. Additionally, English is the official language and is spoken by a majority of the population, making for an easy transition. Living here, you shouldn’t expect to compromise on much. The Cayman Islands is just as equipped as any other major city, with an island-wide paved road network, 3 modern hospitals, and 10 private schools. Telecommunication and internet services are also widely available and extremely reliable.
Visas & Residency
There are various options available for expatriates looking to establish permanent residency in the Cayman Islands. The easiest and fastest way is to invest a minimum of 2 million Cayman Islands Dollars (about US$2.4 million) into developed real estate.
This makes you eligible for the Certificate of Permanent Residence for Persons of Independent Means, which grants you the right to live in the Cayman Islands indefinitely. The right to work in an approved occupation can be gained upon application to the Caymanian Status and Permanent Residency Board. This is a more attractive option over Permanent Residency with the Right to Work, which you can apply for after eight years of living in the Cayman Islands.
There are other residential certificates that you may obtain if you wish to work, invest, or own a business in the Cayman Islands. For more information on these, you may need to do additional research or get in touch with us.
Finding a place to live: Cayman Islands homes for sale
Crighton Properties is one of the most well-respected names in real estate in the Cayman Islands. We are a Caymanian family-owned business that possesses in-depth knowledge on the islands, as well as unmatched expertise regarding the local market. This means that we are best equipped to provide you with experienced, professional, and attentive service for all of your Cayman Islands real estate needs, whether it’s residential, canal, or beachfront properties, property development, or investment opportunities.
We have been in operation since the 1970s, and are considered one of the most trustworthy real estate companies in the territory. If you are looking for Cayman Islands homes for sale, we are in the best position to help you out!
We are committed to providing personalized customer service and are always willing to go the extra mile for our clients. Our professional, warm, and friendly agents and staff are willing to attend to your every need.