🇰🇾 Cayman Islands tax

• On: No income tax base exists
• Limit: KYD 300k ≈ $360k

The Cayman Islands Government states there are no direct taxes in the Cayman Islands: no income tax, company or corporation tax, inheritance tax, capital gains tax or gift tax, so foreign-source income of residents is not subject to an income tax. ¹

Taxed on

No income tax base exists. Government revenue is raised through duties and fees: stamp duty of 7.5% in most areas on the value of real estate at sale (reduced rates for Caymanians) and a mortgage fee of 1% on mortgages below CI$300,000 and 1.5% at CI$300,000 or higher.

Who it applies to

• Applies to all individuals; no direct taxes on income exist.

Exclusions

• No property taxes or rates (GOV.KY).
• Stamp duty on real estate transfers, mortgage fees and import duties still apply.

Limits

• KYD 300,000 (≈ $360,000) · Mortgage fee is 1% below this amount and 1.5% at or above it

Tax residence

No residence test is required because no income tax is levied.

Visas

Immigration status (work permits, residency certificates) does not alter the absence of income tax.

Other taxes

Customs duty applies to imported goods; stamp duty 7.5% on real estate sales in most areas (GOV.KY).

Checked against official sources on 10 Oct 2026Change log