vehicle and the environmental fee.
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Obtain car insurance (you will need proof of insurance on the vehicle before picking it up from the Port).
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You’ll then need to go to the Port Authority Warehouse on Portland Road in Industrial Park where you will present the Customs clearance documents. A fee will be charged depending on the weight of your vehicle.
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You will then be able to pick up your vehicle. Go to the Department of Vehicle and Driver’s Licensing (DVDL) and follow the inspection and licensing process. They will also need to see the vehicle’s certificate of title.
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Note: costs depend on the type of vehicle being licensed. Also be aware that, as per the Cayman Islands’ Traffic Act, it is an offence to keep a vehicle in the Cayman Islands without it being registered with the DVDL. See the Licensing Your Vehicle section for more.
Duty Costs Of Importing A Car Since the Cayman Islands does not have direct taxation, the Cayman Islands Government charges import duty on all vehicles being imported into the Islands as a way of raising revenue. The percentage charged depends on the value and type of the car. The import duty is calculated on what is known as CIF value. Which is the Cost of the car plus the Insurance premium for its journey by ship, plus the sea Freight charges. Below is a list of import duties based on CIF value: CIF up to CI$20,000 = 29.5% CIF up to CI$25,000 = 32% CIF up to CI$30,000 = 37% CIF from CI$30,000 and up = 42% Duty Costs Of Importing An Electric or Hybrid Car See the list below for import duties on electric and hybrid cars for personal use based on CIF value.
Electric Vehicles:
CIF up to CI$29,999 = 0% CIF up to CI$60,999 = 5% CIF up to CI$99,999 = 10% CIF from CI$100,000 = 15% Hybrid vehicles:
CIF up to CI$29,999 = 10% CIF up to CI$60,999 = 12% CIF up to CI$99,999 = 15% CIF from CI$100,000 = 17% Environmental Disposal Fee An Environmental Disposal fee is added to cover the cost of disposing of a vehicle in years to come. If a vehicle is valued at CI$12,000 (CIF) or less when it is imported then an environmental disposal fee of CI$1,000 plus a waste handling fee of CI$250 will be charged in addition to duty of 29.5%. Exporting A Car From Cayman To ship a car off the Island, the process is as follows: go to the shipping company and either get a letter or dock receipt from them as proof of a vehicle being shipped off-Island. Then go to the DVDL and terminate registration of the vehicle, surrender the log book, coupon and licence plates. You will then need to go to Customs and then fill out a vehicle export form. They will review your entry and either approve or deny it. If approved, take this form over to Customs and they will then process the document. You can then arrange the shipping of the vehicle with a freight forwarder or one of the shipping companies. BUYING A NEW CAR
Unlike some other islands, there are no size restrictions on cars in Cayman (except Hummers, which cannot be wider than 6.7ft). Almost every make of car is available to purchase and you can own as many cars as you want. There are dealers who sell new cars at competitive prices. For example, a new 2021 Suzuki Ignis GLX is listed at US$25,488 and a 2022 Chevrolet Onix at US$22,440. For SUVs, which 272
CAYMANRESIDENT 2022
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