Cayman Islands: Application For Residency
Pursuant to Section 34 of the Immigration Law (2007 Revision), the Chief Immigration Officer of the Cayman Islands may issue Residency Certificates for Persons of Independent Means. Such Residency Certificates are valid for twenty-five years and are renewable. INVESTMENT/INCOME REQUIREMENTS FOR GRAND CAYMAN Applicants for a Residency Certificate for Persons of Independent Means who wish to reside in the island of Grand Cayman must invest the sum of CI$750,000.00 in the island, at least CI$250,000.00 of which must be in developed residential real estate. Residency Certificates cost CI$15,000.00, including any dependents approved by the Chief Immigration Officer. This fee is in addition to the requisite application fee of CI$250.00. Who's In?

Isn't that (CI$750,000.00) a lot more than it used to be?

Let me check my change bucket.......... Nope I am still a couple of dimes short. :shock: Maybe if I get my wife and kids to add their spare change I can make it???? 8) :roll: Nope still a ways short. Tom

I checked my couch cushions, not enough there either.

Residence
How about if I sell my timeshare at Morritt's? Nope, still not enough

How did I forget the couch cushions, must be enough there... Darn my son beat me to it and cleaned it out. Still looking for change somewhere :shock:

Bill - I thought you burned all your couches!! There is that one on the Queens Highway we kept passing last week. Maybe someone should check those cushions! :lol:

Before the housing market crashed... I looked into this just for jollies and figured that if I liquidated everything including my house my timeshares, my rental condo and our insurance policies and 401Ks we might just sneak in. However, we would then have NO income from any source other then peddling trinkets in Georgetown. Alas, it's all a pipe dream since my real estate isn't worth %^&&*( now.

The Grandson was over looking in his "D's Savings Jar" and he had a few $2 dollar bills... Hummm