There are a lot of details to consider before moving to the Cayman Islands and we know exactly what you need to do to get your feet in the sand with a smooth, stress free process. We are property specialists, but we are also extremely knowledgeable about The Cayman Islands. If you have questions, reach out and we will point you in the right direction, and connect you with the right people to help you with your move.
Whether you are wanting to come to The Cayman Islands as a visitor, or if you are looking to move here as a new resident, it’s important to research your time allowance and entry requirements. We recommend you speak with an immigration professional who can discuss up to date and accurate information. We would be happy to put you in touch with a trusted professional, and more information click here.
Our well-regulated financial services industry is a pillar of the Cayman Islands economy. Setting up banking in the Cayman Islands can be a lengthy process. It’s important to set up a bank account as early as possible in the moving process. There are many Banks in the Cayman Islands including: Royal Bank of Canada, CIBC FirstCaribbean, Cayman National Bank, Butterfield Bank, and Scotiabank.
When relocating to the Cayman Islands for a period longer than one year, you may import your personal effects exempt from the standard import duty within the first 6 months of your arrival. If you wish to bring in any new items they will be subject to the standard duty upon importation. Popular importation methods include freight shipping via boat and air cargo. Cayman has a growing number of retail outlets, and a healthy supply of vehicles, furniture, and most goods you may need to settle in can be easily found on Island.
The Cayman Islands has an excellent healthcare system. The Island currently has three hospitals that include a fully comprehensive cardiac hospital, Health City, and there are recent announcements of two more large hospital developments planned. We believe that healthcare is emerging as an economic pillar for The Cayman Islands.
To get more information regarding securing personal medical insurance, click here.
The Cayman Islands education system is excellent, providing schools from preschool to university level. The curriculum offered is diverse as there are both British system schools and American system schools. Historically, spaces in schools are limited and it is advised to enroll your child in school as soon as possible.
The Agents at Berkshire Hathaway HomeServices Cayman Islands are poised to assist their clients in the relocation process and finding you a home is our specialty. For new residents, searching for a property to rent is an important step to take, but some decide to immediately purchase a property. Whatever route you decide to take, we are here for you!
Exploring your new island home is the most exciting part of your relocation to The Cayman Islands. Nothing melts your stress away like an early morning walk on the beach, a sunny day out on the boat, or a drive out East to taste the local cuisine. There is no better way to experience your new backyard then a luxury private boat charter out in the North Sound. Our favorite Captain is Y-Knot Charters.
If you are seeking additional information regarding relocating to The Cayman Islands, there are many resources for you to review, a good place to start is The Cayman Resident.