APPLICATION FOR A RESIDENCY AND EMPLOYMENT RIGHTS CERTIFICATE (RERC) 2025

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To obtain residency in the Cayman Islands, you must also fulfill additional requirements, such as living in the country for the majority of the last five years, not leaving the Islands for more than 90 days at a time, and having a clean immigration record.
1. Permanent Residency Through Employment. Permanent residency with the right to work is available to individuals who have legally resided in the Cayman Islands for at least eight years.
Certificate of Permanent Residency for Persons of Independent Means Fees Application Fee: $500 Issue Fee: $100k Dependent Issue Fee: $1k each Variation Fee: $500 Annual Fee: Where right to work is granted, fee equivalent to a work permit holder in the relevant occupation6 more rows
In most cases, almost all persons who reach eight years of continuous legal ordinary residence in the Cayman Islands are eligible to apply for Permanent Residence with the Right to Work. Applicants are assessed using a point system, with a requirement of reaching a minimum of 110 points.
With a Full Work Permit, all foreign nationals that get employed in the Cayman Islands and who are granted a work permit are allowed to stay on-island for up to nine year. After eight years, most residents are assured of the right to apply for Permanent Residence.
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Average living cost in Cayman Islands CategoryLocal currencyRange Apartment (1 bedroom) Outside of Centre 1,861.11 KY$ 1,500.00-2,400.00 Apartment (3 bedrooms) in City Centre 4,762.50 KY$ 3,800.00-6,000.00 Apartment (3 bedrooms) Outside of Centre 3,875.00 KY$ 3,500.00-4,500.00 Buy Apartment Price 61 more rows
To qualify, you must be at least 18 years old, in good health, have adequate insurance coverage, and have no serious criminal convictions. Additionally, you must invest a minimum of CI$2M/US$2,4M in developed real estate in the Cayman Islands and have enough financial resources to sustain yourself.
What Exactly is RERC? RERC allows the spouses and civil partners of Permanent Residents and spouses and civil partners of Caymanians to accept employment from any employer in the Cayman Islands. It is possible to include existing children as dependents on both classes of RERC for spouses or civil partners.

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