Cost and lifestyle in the Cayman Islands + How to obtain tax residency
Today we talk about the quality and cost of life in the Cayman Islands.
We will also see how to establish tax residence there.
If you have the means to live in the Cayman Islands, you will benefit from an extraordinary quality of life.
The beaches are very very beautiful.
The services, including health services, are top-notch.
There are numerous clinics, even with innovative treatments.
For example, against various diseases related to the treatment of aging. Clinics that are not even found in the West. Like some clinics that use particular stem cell treatments.
At the same time, you will live in a country with a very low crime level.
But let's see also how much it costs.
To give an estimate of the cost of living, it is about 20% higher than in the better known parts of the United States.
It is also interesting to note that the real estate market has experienced declines in recent years.
Therefore, you may find some good offers by researching carefully.
Getting into the Cayman Islands is fairly straightforward. Europeans, Brits, Americans, Canadians, and many others, don't even need a visa.
To obtain permanent residence, traditionally, it was necessary to demonstrate economic means. In particular, by investing in real estate or in a business.
However, there is now also a digital nomad visa.
Tendentially reserved for those who earn at least $ 100,000 a year.
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