Global Citizen Concierge Program
Have you dreamed about living in or owning a Cayman Islands property? The Cayman Islands offer a superb standard of living with little to no crime, delicious food, and excellent health and education services, and it’s easily accessible from at least 20 major cities in the U.S. and Canada.
Have you ever considered making the Cayman Islands your home or investing in property? Our team of experts at Cayman Islands Sotheby’s International Realty can help you own or invest in Cayman Islands real estate.
Cayman Kai, The Cayman Islands
If you’re a real estate investor, there’s even more reason to be attracted to this hot spot — Cayman Islands property has no property or estate taxes, no restrictions on foreign real estate ownership, and great options for obtaining residency.
The recently introduced Global Citizen Concierge Program offers an attractive immigration opportunity for individuals employed outside of Cayman to live within these islands and work remotely for up to two years.
About the Global Citizen Concierge Program
In October 2020, the Global Citizen Concierge Program began in the Cayman Islands, allowing people living outside the islands to become residents and work remotely for a two-year period.
The applicant’s annual income will be considered when they apply for the program. The requirements increase depending on whether the applicant intends to relocate with a spouse or dependent child(ren).
● Applicant income of at least US$100,000 per year
● Applicant income of at least US$150,000 per year (to bring a spouse or civil partner)
● Applicant income of at least US$180,000 per year (to bring a spouse or civil partner plus a dependant child or children)
The program also includes an annual fee of US$1,500 (applicant) and US$500 for each additional person.
Global Citizen Concierge Program Requirements
Requirements for the Global Citizen Concierge Program include the following:
● Owning or renting a Cayman Islands property you reside in
● Must be physically present in the Cayman Islands for a minimum of 90 days per year
● You and all dependants must have adequate health insurance.
● You cannot do business in the Cayman Islands to provide goods or services to anyone.
Interested applicants can apply at any time until 31 October 2022.
The Global Citizen Concierge Program is an excellent opportunity for anyone wishing to make the Cayman Islands their home. While the certificate is valid for two years, the individual can apply for extended or permanent residency after it expires.
Find the ideal work-life balance in the Cayman Islands.
In essence, the two-year Global Citizen Concierge Program will allow you the time you need to determine if the Cayman Islands are where you want to reside. You’ll get a good sense of the islands and how they could best benefit you and your family. You can familiarise yourself with the school system, explore the cayman islands property market and different neighbourhoods while easing into the pace of island life.
Cayman Islands property
Give our real estate experts a call today to learn more about buying property here and residency in the Cayman Islands. We’ll help you navigate the Cayman real estate market and find the right property to suit your requirements.
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