Relocating to the Cayman Islands
A Guide for Globally Mobile High-Net-Worth Individuals
By Maxine Bodden Robinson, Founder, IMG Trust Company
Why Cayman?
The Cayman Islands offer political stability, world-class professional services, and a tax-neutral environment – making them one of the most attractive relocation destinations for high-net-worth individuals and families worldwide.
Key benefits:
No direct taxation
- No income tax.
- No capital gains tax.
- No inheritance tax.
- No corporate or property tax.
This creates a highly efficient environment for wealth preservation and intergenerational planning.
Exceptional island lifestyle
| Year-round sunshine, world-class beaches and natural beauty.Luxury real estate, residential communities with first-class amenities.A world-class fine dining and food scene. | Excellent healthcare and private education options.Daily flights to London, Miami, New York, Toronto, and more.Enviable safety, security and privacy. |
Globally respected legal system
| Based on English common law.Independent and highly regarded judiciary.Final court of appeal is the Judicial Committee of the Privy Council in London. | Efficient and responsive court system compared to other IFCs.Experienced judges with deep trust and commercial law expertise. |
Premier financial services hub
| Leading jurisdiction for family offices, funds, banking, captive insurance and private client structures.Robust regulation with a commercial mindset. | “Magic circle” quality professionals in law, fiduciary services, and wealth planning and structuring. |
Residency options for HNWIs:
Certificate of Permanent Residence for Persons of Independent Means
- Minimum real estate investment: USD $2.4 million.
- Annual residency requirement: Minimum 1 day.
- Benefits: Permanent residency; eligibility to apply for British Overseas Territories Citizenship; potential path to Caymanian status.
25-Year Residency Certificate (Grand Cayman)
- Minimum investment: USD $1.2 million (at least $1M in developed real estate).
- Annual income requirement: USD $150,000.
- Renewable after 25 years.
- Right to reside but not work.
Residency Certificate (Substantial Business Presence)
- For individuals establishing or managing a business in Cayman.
- Residency granted for the duration of business operations.
- Includes family members.
Who is this ideal for?
| Families seeking political and financial stability.Entrepreneurs and business owners requiring economic substance. | Individuals with existing Cayman trust or investment structures.UHNW families planning succession and legacy across generations. |
Why work with IMG Trust?
IMG Trust is a boutique Cayman-based trust company that works closely with advisors and private clients considering relocation.
We provide:
An independent trustee services tailored to families.
Pre-arrival structuring guidance.
Trusted referrals for immigration, legal, and property professionals.
Ongoing trust administration and private office support.
View Maxine’s Leaders List profile here.
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