Cayman Resident 2022

Page 110

I M M I G R AT I O N & PA S S P O R T S

7

investments and other factors including the status of your dependants. There is a condition whereby if the Certificate holder sells an investment that was listed in his/her application for PR, then they must purchase an alternative qualifying investment within 180 days and inform the Board with the details of the transaction, within 30 days.. An unsuccessful applicant will be given a permission to continue working for no less than 90 days, following which they will be expected to leave the Islands. An application for Permanent Residence with the Right to Work can be administratively onerous although applicants, particularly those individuals who prepare over the years leading up to it, are likely to find their application successful. Under most conditions, if an applicant is successful, then they can remain in the Cayman Islands indefinitely, provided an annual fee is paid by them or their employer which is the equivalent to the fee paid for a full work permit. They can work for any employer, although limitations are placed on the specific role which they are entitled to fill. Variations may be granted with the prior approval of the Caymanian Status and Permanent Residency Board or Director of WORC. Factors considered in a Permanent Residence application include: >

>

108

Your Occupation; Including Whether it is

>

available under this factor.

Community Life chapter to get other ideas

Local Investments: Investment in Cayman

of where to get involved. You may be

Islands real estate and/or in a locally

eligible for slightly higher points if you can

licensed company has the potential to

demonstrate that you have been training

generate up to 30 points. The total amount

or mentoring Caymanians, especially if the

paid towards such investment(s) (including

mentoring is outside of normal work hours.

the full amount of any mortgage payments,

>

>

asked 40 multiple choice questions and

and stamp duty paid) is assessed relative

will receive half a point for each correct

to an applicant’s income over the prior

answer. The questions on the test have

five years. This is subject to a minimum

generally been taken from The Cayman

threshold of CI$50,000. Investments in

Islands in Transition (by J.A. Bodden; Roy

excess of CI$500,000 are guaranteed

Bodden), Founded Upon the Seas: A History

maximum points.

of the Cayman Islands and Their People

Financial Stability: Evidence of savings

(by Michael Craton), Foundation - The

held in local bank accounts (again relative

Arts and Culture of the Cayman Islands

to income) generates points. The maximum

Volumes 1-4 (Cayman National Cultural

15 points available will be awarded to any

Foundation), Caymanian Expressions: A

applicant who can demonstrate that they

Collection of Sayings and Expressions Used

have (and have maintained) in excess of

in the Cayman Islands (by Kevin M. Goring)

5% of their last 12 months income in a local

plus the media as well as community and

bank account. Further additional points are

cultural events. The University College of

based on annual salary and income. By way

the Cayman Islands is offering a four-week

of example, a person earning CI$55,000

course that covers the history, culture,

each year will (generally) be awarded seven

political system, general facts and the

points. However, in calculating the points

evolution of the economy of the Islands.

available for a given salary a deduction

>

Close Caymanian Connections: Having a

is made from the salary in respect of

close relative who is Caymanian will result in

dependant children. Of vital importance is

an automatic award of points. The amount

your ability to provide for the healthcare

of points vary depending on the nature of

and educational needs of your family. >

History and Culture Test: You will be

the cost of renovations, where applicable

the relationship.

Community Involvement and Integration

>

Demographics and Cultural Diversity:

“Priority” in Nature: 15 points are presently

into the Caymanian Community: Up

Points are awarded based on an applicant’s

available for each and every occupation,

to 20 points are available. By way of

country of origin, provided their nationality

with (at least theoretically) another

example (provided more than 35 hours are

is below 10% of the number of work permits

15 bonus points available in relation to

spent over a year in relation to relevant

in force. At present, Jamaicans and Filipinos

occupations which have been determined

participation) two points will be awarded for

are ineligible for points: citizens of those

by the CI Government to be “Priority” in

each year an applicant has been engaged in

countries already comprise approximately

nature. No list of “Priority” occupations has

relation to the rehabilitation of offenders,

42% and 13% of work permits in force in

been published as at time of writing.

whilst participation and assistance in a

the Cayman Islands. UK nationals presently

Education, Training and Experience: A point

local service club will generate 1.5 points

comprise approximately 6% and can expect

is available for each year of experience that

for each year. Other points can be gained

as little as 5 points. Citizens of all other

an applicant has been in their role (after a

through charitable donations. Working

minimum threshold of two years with a max

with children and vulnerable adults may

of 10 years). Points are also available based

grant more points to your contribution to

points depending on their age. The most

on levels of academic or other qualification

the community. Outstanding initiatives

“desirable” bracket is in respect of

relevant to their occupation or role. For

to get involved in include the Aim Higher

applicants aged between 25 and 35. Ten

example,

mentoring programme (email: pamella.

points are awarded for persons falling within

persons

with

professional

qualifications are eligible for 15 points,

mitchell@kobrekim.ky)

whilst possessing an Associate’s degree

(Literacy is For Everyone) programme

will garner 8 points. A total of 25 points are

(email: volunteer@life.org.ky) or see the

CAYMANRESIDENT 2022

»

and

the

countries can presently expect 10 points.. >

LIFE

Age: Applicants are eligible for varying

this range as at the date of application. >

Deductible Components: Points can be lost in defined circumstances including where


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LAST LOOK

4min
pages 458-460

Sister Islands

12min
pages 450-453

INDEX

19min
pages 454-457

Staycations

4min
page 449

32 TRAVEL

1min
page 448

Local Dive Operators

4min
page 447

Wreck Diving

19min
pages 443-446

Tennis & Yoga

4min
page 441

Swimming

3min
page 440

Gyms & Fitness

12min
pages 436-439

Cricket, Crossfit & Cycling

3min
page 435

30 SPORTS & FITNESS

2min
page 434

Religious Services

6min
pages 432-433

Voluntary Organisations

11min
pages 429-431

Sports

19min
pages 416-420

Cultural Activities

12min
pages 421-423

Playgrounds & Parks

12min
pages 413-415

Veterinarians

18min
pages 398-402

After Having a Baby

17min
pages 391-395

Cultural Activities

6min
pages 406-407

Watersports & Excursions

11min
pages 408-411

Costs of Having a Baby On-Island

11min
pages 388-390

Obstetricians/Gynaecologists

3min
page 387

25 HAVING A BABY

2min
page 386

Wedding Locations

14min
pages 382-385

Planning Your Wedding

3min
page 381

24 GETTING MARRIED

4min
pages 379-380

Places to Eat

15min
pages 370-373

Culinary Things to Do

5min
pages 377-378

Supermarkets

13min
pages 374-376

23 FOOD & DRINK

2min
pages 368-369

Vocational Training

26min
pages 362-367

Universities & Colleges

3min
page 361

Scholarships

9min
pages 359-360

Private Education

1hr
pages 339-358

Government Education

11min
pages 336-338

Medical Specialties

52min
pages 300-321

Pharmacies

7min
pages 329-331

Alternative Medicine

17min
pages 322-328

Local Hospitals

16min
pages 291-296

Medical Care (General & Family

8min
pages 297-299

Health Insurance

15min
pages 286-290

21 HEALTH & WELLNESS

2min
pages 284-285

Fishing

12min
pages 281-283

Where to Boat

9min
pages 274-275

Buying & Maintaining a Boat

18min
pages 276-280

Driving Licences

16min
pages 260-263

Buying a Used Car

3min
page 267

Electric Cars

14min
pages 268-271

Leasing a Vehicle

10min
pages 264-266

19 TRANSPORTATION

9min
pages 257-259

Building Professionals

12min
pages 251-256

Building Options

11min
pages 244-250

18 BUILDING IN CAYMAN

5min
pages 240-243

17 HOME IMPROVEMENTS

12min
pages 224-231

Outdoor Living & Gardens

3min
page 238

Swimming Pools

3min
page 239

Indoor Improvements

13min
pages 232-237

Recycling in Cayman

20min
pages 218-223

Waste Management in Cayman

9min
pages 215-217

Postal Services

9min
pages 211-213

Local Media - Radio, Print, TV

5min
pages 209-210

Toys

4min
page 205

Day Spas, Hair & Beauty Salons

5min
pages 207-208

Clothing

9min
pages 195-197

14 SHOPPING

5min
pages 190-191

Earthquakes & Tsunamis

11min
pages 187-189

Overview of Residential Areas

32min
pages 150-161

Renting a Property

9min
pages 171-173

Beauty Products

7min
pages 192-194

Pensions

8min
pages 141-143

11 FINDING A HOME

11min
pages 144-149

Insurance

11min
pages 136-140

Utilities: Petrol, Diesel & Water

4min
pages 134-135

Utilities: Gas -Household

2min
page 133

Utilities: Electricity

3min
page 132

End-of-Life in Cayman

12min
pages 121-123

Telephone & Internet

12min
pages 128-131

Wills & Probate

11min
pages 118-120

09 RETIRING IN CAYMAN

6min
pages 116-117

Permanent Residency

27min
pages 101-106

08 FAMILY MATTERS

2min
page 110

Family Breakdown in Cayman

11min
pages 111-113

Work Permits

26min
pages 95-100

07 IMMIGRATION

2min
page 94

Shipping Considerations

9min
pages 91-93

The Process of Moving

6min
pages 89-90

06 PREPARING TO MOVE

10min
pages 85-87

05 WORKING IN CAYMAN

10min
pages 78-80

Finding a Job

14min
pages 81-84

Setting Up an Office

13min
pages 73-77

Trade & Business Licensing

33min
pages 62-72

04 RUNNING A BUSINESS

20min
pages 54-61

Investing in Cayman Property

17min
pages 49-53

ISLAND MAPS

2min
pages 4-7

Cayman’s Financial History

4min
page 31

Banking, Investment Funds

25min
pages 32-40

Customs & Traditions

7min
pages 27-29

02 CAYMAN – A GLOBAL FINANCIAL CENTRE

1min
page 30
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