Located between the two Americas in the Caribbean Sea, the Cayman Islands is a tropical paradise that is an overseas territory of the United Kingdom and increasingly an expat hotspot.

With almost twice as many companies as people and known to be a major offshore tax haven, the Cayman Islands is a popular destination that offers an excellent quality of life for expats who can afford it.

Living in the Cayman Islands as an expat

The country encompasses three islands, made up of the Grand Cayman, Cayman Brac and Little Cayman. Each island is famous for its particular features. Grand Cayman is known for its beach resorts and scuba diving and snorkelling sites. Cayman Brac is famous for deep-sea fishing, especially for tuna, marlin and barracuda. Little Cayman, which is the smallest island, is known for its diverse wildlife.

A large portion of the population in the Cayman Islands is made up of foreigners. The biggest demographics include those from Jamaica, the United Kingdom, the United States, Canada and Honduras. While foreign land ownership is easily accessible, immigration laws are strict on the islands.

The Cayman Islands uses its own unique currency (The Cayman Dollar), which is tied to the US Dollar. The main economic sectors in the Cayman Islands are finance and tourism, with the capital, George Town, being central to both industries.

The islands are also serviced by various efficient modes of transport, and expats should have no issues getting around.

Cost of living in the Cayman Islands

Rent is likely to be an expat's most significant expense. Finding suitable accommodation that meets both budget and taste may be challenging.

While the islands have a tax-free earnings policy, a high import duty is levied on any goods brought into the island. The small island relies on imports to support the needs of the small island's growing population, meaning that the general cost of living is significantly impacted by these fees. Fortunately, salaries are often quite high, which offsets the cost of living.

Expat families and children in the Cayman Islands

The standard of education in the Cayman Islands is terrific, and education is compulsory for all children, so expat parents will find the Cayman Islands an ideal place to raise a family. Public school education is free for Caymanian children only, but costs remain far lower than private education. Nevertheless, there are also numerous excellent private and international schools located around the islands, and expat parents often prefer these as they provide a familiar curriculum and environment.

Expats will have no issues finding qualified medical professionals, thanks to the exceptional quality of healthcare in the Cayman Islands. With state-of-the-art facilities and well-trained staff, the Cayman Islands was one of the first countries in the world to mandate health insurance for all residents.

Climate in the Cayman Islands

The weather in the Cayman Islands is characterised by the dry and wet seasons and warm temperatures throughout the year. The tropical marine climate brings heavy rains and hurricanes between June and November. Expats should pack their umbrellas and raincoats and ensure they closely follow the storm warning systems.

For expats who can afford it, this may be the ideal destination. With its laid-back lifestyle, sundry outdoor activities and beautiful scenery, the Cayman Islands offer one of the highest standards of living in the Caribbean.


Fast facts

Population: Almost 70,000

Capital city: George Town

Neighbouring countries: The Cayman Islands is in the Greater Antilles, which comprises countries such as Cuba, Jamaica, Puerto Rico and the Dominican Republic.

Geography: The Cayman Islands is in the western Caribbean Sea, and the islands are the peaks of a massive underwater ridge known as the Cayman Ridge (or Cayman Rise). The Cayman Islands consists of three islands: Grand Cayman, Cayman Brac and Little Cayman.

Political system: British Overseas Territory

Major religions: Christianity

Main languages: English

Money: The Cayman Islands Dollar (KYD) is divided into 100 cents. The US Dollar is also widely accepted. ATMs are available on Grand Cayman and Little Cayman but are concentrated in George Town.

Tipping: Most restaurants and hotels automatically add a 10 to 15 percent service charge to the bill; otherwise a gratuity of the same amount is expected. At hotels, a 10 percent government tax is also usually added to the cost of your room. Taxi drivers expect a 10 to 15 percent tip as well.

Time: GMT-5

Electricity: 110V, 60Hz. American-style two-pin plugs are standard.

Internet domain: .ky

International dialling code: +1 (345)

Emergency contacts: 911

Transport and driving: Drive on the left-hand side. Cars can be hired by over-21s. Public transport on Grand Cayman includes taxis, limousines and buses, which travel through all the main districts. Cayman Airways provides air transfer between islands, and the only interisland boat charter is through private hire.

Expat Health Insurance

Cigna Health Insurance

Cigna Global Health Insurance. 20% off premiums booked before 31st March

Medical insurance specifically designed for expats. With Cigna, you won't have to rely on foreign public health care systems, which may not meet your needs. Cigna allows you to speak to a doctor on demand, for consultations or instant advice, wherever you are in the world. They also offer full cancer care across all levels of cover, and settle the cost of treatments directly with the provider.

Get a quote from Cigna Global - 20% off

Moving Internationally?

Sirelo logo

International Movers. Get Quotes. Compare Prices.

Sirelo has a network of more than 500 international removal companies that can move your furniture and possessions to your new home. By filling in a form, you’ll get up to 5 quotes from recommended movers. This service is free of charge and will help you select an international moving company that suits your needs and budget.

Get your free no-obligation quotes from select removal companies now!