The Cayman Islands, a self-governing British Overseas Territory, is undoubtedly one of the most beautiful places on the planet. It’s a popular destination for tourists who are attracted to its crystal clear waters, the pristine Seven Mile Beach, and year-round tropical climate.
Its beauty isn’t the only thing it has going for it. Those looking for an idyllic place to retire or individuals interested in immigrating to greener pastures should find themselves extremely well-served in the Cayman Islands. Here are a few reasons why you should seriously look into becoming a permanent resident in this thriving location:
Straightforward paths to permanent residency
The process of applying for permanent residency in the Cayman Islands is a generally straightforward one. There are a few paths that interested parties can take: the fastest and simplest is to invest a minimum of 2 million Cayman Islands’ Dollars (about US$2.4 million) in developed real estate. Simply put, buying a Grand Cayman Property for sale is enough to get you into the fast track: it makes you eligible for a Certificate of Permanent Residence for Persons of Independent Means, which denotes the right to live (but not work) in the Cayman Islands indefinitely. From there, you can go on to apply for permanent residence after reaching a minimum of 8 years as a legal and ordinary resident.
Crighton Properties is one of the most trusted names in luxury and upscale developments in the territory. If you need help looking for a Grand Cayman Property for sale that fits your needs, they can help.
There are other residential certificates that you may instead obtain if you wish to work, invest, or own a business in the Cayman Islands, that all open up paths towards permanent residence. You may consult the official Immigration page of the Cayman Islands for more information on these.
Presence of modern infrastructure
There may be some people out there who are under the impression that the Cayman Islands are underdeveloped, and that they will be forced to live with certain compromises.
This is far from the case. Living in the Cayman Islands is easy and supremely convenient, thanks to the presence of modern infrastructure that can fill all your needs. There are 3 modern hospitals, 10 private schools, and an island-wide paved road network that should make getting from point A to B a veritable breeze. Telecommunication services on the Cayman Islands are reliable and widely available, so there should be no barriers to staying connected with your loved ones.
Additionally, nonstop flights to major North American cities are available. Getting to Miami only takes 90 minutes.
Highest standard of living in the Caribbean
As one of the most economically successful territories in the Caribbean, residents of the Cayman Islands enjoy the highest standard of living–bar none. Forbes Magazine named it one of the friendliest countries in the world, and the crime rate is low thanks to a well-equipped police force that is committed to citizen safety. English is the official language here, and it is spoken by a majority of the population.
Those looking to do business in the Cayman Islands may be surprised by how easy it is, too. The regulatory environment adheres strictly to compliance processes, but it is forward-thinking and focused on convenience. Furthermore, the Cayman Islands has a stable and democratic government, with the governor serving as the representative of the reigning British monarch.
Become a permanent resident of the Cayman Islands today by enlisting Crighton Properties in helping you find a Grand Cayman Property for sale. You may contact them at 345-949-5250 or send them an email at [email protected].
