What is the main occupation at Cayman Islands?

The chief occupations on the Cayman Islands are in clerical and service work and in the construction trades. Agriculture occupies only a small number of Caymanians, and most of the islands' food must be imported.

167 Jobs in Cayman Islands (14 new)

The Cayman Islands are renowned for their pristine beaches. Lining Grand Cayman, the most famous is award winning, Seven Mile Beach. If you're looking to stay amongst the restaurants, shops and amenities on the island without renting a car then Seven Mile is for you.

With an average income of US$71,549, Caymanians have the highest standard of living in the Caribbean.

Cayman's minimum wage of $6-an-hour was established in 2016. There is a carve-out for hospitality workers who get gratuities and for domestic helpers who are provided with accommodation that the hourly rate can be as low as $4.50.

A tax haven is any location with very lenient or non-existent tax laws. The Cayman Islands do not levy a corporate tax and act as a haven for multinational corporations to shield some or all of their incomes from taxation. Additionally, the Cayman Islands do not impose taxes on citizens or non-citizens.

There are lots of job opportunities available to English speaking people looking to travel and to work in the Cayman Islands. It is, however, not always easy to apply from overseas as local companies will get a deluge of foreign applicants for most positions they advertise.

All non-Cayman Islands residents are required to have a work visa before they are allowed to live and work in the country. This applies even if your country of residence is on the list of countries with visa-free travel arrangements as this would only allow you to carry out certain non-business activities.

Chief Executive Officer jobs at Cayman Islands earn the most with an average annual salary of $982,749, while Office Clerk jobs earn the least with an average annual salary of $42,954.

Food and Living Expenses

The cost of living in the Cayman Islands can be relatively high, and food and other living expenses are no exception. While there are several options available for dining out and buying groceries, it is important to budget accordingly to avoid overspending.

The estimate average salary for Cayman Islands employees is around $94,365 per year, or the hourly rate of Cayman Islands rate is $45. The highest earners in the top 75th percentile are paid over $105,307.

What Is the Best Cayman Islands Local Food? Authentic Cayman Island cuisine typically features local ingredients like coconut, plantains, conch, cassava, tuna, snapper, mahi, rice and peas, yams, and mango. Natives of the Cayman Islands absolutely love coconut shrimp, fish fritters, spicy beef or chicken, and fish fry.

Overall, the Caymans have seen residential prices rise, from an average of about $942,000 in 2019 to $1.16 million in 2020, according to data from CIREBA.

The national average salary for a Server is $40,000 in Cayman Islands.

There are no income or withholding taxes imposed on individuals in the Cayman Islands.

A family of four estimated monthly costs are 6,182.1$ (5,112.8KY$) without rent. A single person estimated monthly costs are 1,770.5$ (1,464.2KY$) without rent. Cost of living in Cayman Islands is, on average, 54.5% higher than in United States. Rent in Cayman Islands is, on average, 60.8% higher than in United States.

Moving to the Cayman Islands is, for many, a lifelong ambition fulfilled. It's an opportunity to live on a Caribbean island with fabulous beaches, balmy year-round weather, a high standard of living, a low crime rate and a community of international residents who extend a "Caymankind" welcome.

The community and top work opportunities: Caymanians – or permanent residents of the Cayman Islands – are known for being very welcoming. Newcomers often notice the strong, high-quality sense of community that exists across the island. This makes it a particularly attractive destination for expats.

Kenneth Bryan Dart (born 1955) is a Cayman Islands-based businessman and billionaire. He is also a citizen of Belize and Ireland. His wealth was estimated in 2013 at $6.6 billion.

As a place to conduct business, Cayman's appeal is obvious. The country, a British Overseas Territory, levies no income or corporate taxes, and, since the 1960s, it has become one of the world's most sophisticated banking centers.

EU AML list. As a technical result of being placed on the grey list, the Cayman Islands was added to the European Union's (EU) list of high risk third countries for AML/CFT purposes (the EU AML list) on 13 March 2022.

Cons: Very expensive, too built up (in some areas)which can lead to crowds & traffic(but easy to avoid), flat & not very picturesque (unless you're on the beach), crappy exchange rate. agree with all the previous poster's pros... beautiful, crystal clear water, easy to deal with...

TAX-FREE LIVING

Apart from the beaches, the tax-free life is what makes the Cayman Islands famous all over the world. All residents can enjoy the freedom of not being taxed for their income or consumption, which means you get to keep, save or invest in yourself up to 40% more of your income.

Foreign nationals can apply for Caymanian citizenship after securing a permanent or long-term residency permit and fulfilling minimum physical stays over five years. Once an expat becomes eligible for citizenship, they can apply for British Overseas Territories Citizenship.

With no restrictions on foreign ownership of a single property, no annual property taxes and no capital gains taxes to be paid locally on the sale of a property, buying property in the Cayman Islands is an inviting prospect and strongly encouraged by the Cayman Islands Government who guarantee title for all real estate ...

We are often asked how many days, as a visitor, one can stay in the Cayman Islands. Under the law a person that has no other basis to enter the Cayman Islands (i.e. a Work Permit) and with no right to residence may be admitted as visitors for up to a total of six months, with extensions permissible thereafter.