Cayman Islands

Premier Areas of Coverage

  • All Cayman Islands

Country Details

Cayman Islands is a territory comprised of three islands; Grand Cayman, Little Cayman, and Cayman Brac. The islands are located in the Western Caribbean Sea, South of Cuba and Northwest of Jamaica. With an area of 284 km2 and a population of approximately 57,000 people, it is mostly known as a world offshore financial center with breathtaking beaches, beautiful resorts, and spectacular food. The local currency is the KYD. Cayman imports all goods and produces rum locally.

It is important to know where to rent a property when moving to Cayman Islands. Common expatriate areas are Seven Mile Beach, South Sound, and West Bay. Most lease agreements are signed for 1 or 2 years. A local guarantor is needed, preferably a multi-national company.  

Q&A

  • Who pays rental commission?  Landlord
  • How much is the rental commission? 1 month´s rent
  • Is an advance rent required? Yes, 1 month´s rent
  • What is the standard lease term? 1 to 2 years
  • How often is rent paid? Monthly
  • Is there a security deposit?  Yes, 1 to 2 month’s rent
  • Who holds the security deposit? Landlord
  • What language is the lease written in?  English
  • Who is the lease normally prepared by? Realtor
  • Is a business release clause accepted? Yes, if a multinational company serves as the guarantor

Utilities

Utilities are paid separately from the rent. Some examples include electricity, cable, internet, telephone, water, maintenance, gardening fees, and gas.

Telephone, cable, internet and cell phone services can be obtained with LIME and DIGICEL.

The most common school for expats is Cayman International School www.caymaninternationalschool.org

A local driver´s license needs to be obtained if you are planning to stay on the island for over 6 months. 
Local IDs will vary per country. In order to obtain the Caymanian driver´s license, a written test must be taken and a CI$ 50 transfer fee must be paid.

Malls

  • Galleria
  • Cardinal Avenue
  • Elizabethan Square
  • Kirk Freeport Plaza
  • Queen´s Court Shopping Centre
  • West Shore Shopping Centre

Hospitals:

  • Chrissie Thomlinson
  • Health City