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: >

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108

Your Occupation; Including Whether it is

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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,

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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

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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

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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

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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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