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Cayman Islands Tax Guide

Caribbean
Last verified June 2026
Sources & verification

Figures on this page were last verified against the cited sources in June 2026. Always check official sources before making a relocation or incorporation decision.

Best for

  • Zero personal tax

    0% on personal income — among the simplest tax outcomes globally.

  • Zero capital gains

    No CGT on investment, property, or crypto disposals (subject to "investor" classification).

  • Foreign income exempt

    Exempt system — overseas income generally outside the local tax net.

  • Corporate-friendly

    0% corporate tax — competitive for founders and holding structures.

  • No wealth tax

    No annual tax on net worth or assets.

Personal Tax Score
100/100
Extremely Tax Friendly
Business Tax Score
95/100
Extremely Tax Friendly

Personal Income Tax

Tax Residency

Day Threshold
183 days
Note
183 days generally required; various residency permit categories available

Income Tax Rates

Top Marginal Rate
0%
Structure
No direct taxation

Foreign Income Treatment

System
Exempt
Details
No income tax on any source

Investment Income

Capital Gains
0%
Dividends
0%
Interest
0%

No capital gains tax


Wealth & Inheritance

Wealth Tax
No - No wealth tax
Inheritance Tax
No - No inheritance or estate tax

Practical Notes

No property taxes or rates. Stamp duty on real estate transfers (7.5%). High cost of living.

Business & Corporate Tax

Corporate Income Tax

Headline Rate
0%
Effective Rate Note
No corporate income tax; 15% QDMTT applies to large MNEs (revenue >€750m)
Free Zone / Incentives
No distinction - all companies enjoy zero corporate tax

Withholding Taxes

Dividends
0%
Interest
0%
Royalties
0%

VAT / GST

Rate
0%
Note
No VAT or sales tax

Compliance & Substance

Substance Requirements
Economic substance requirements for certain activities
Compliance Friction
Low - well-regulated financial center

Notable Regimes

  • Zero tax regime
  • QDMTT for large MNEs

OECD Pillar Two (15% global minimum tax)

LiveQDMTT from 1 Jan 2025

15% QDMTT for in-scope MNEs from 1 Jan 2025. Designed to keep top-up tax revenue in Cayman rather than ceding it to other jurisdictions under IIR/UTPR.

See full implementation tracker

Tax Treaty Network

US treatyNo
UK treatyNo
US totalizationNo
Total treaties~5

Very few tax treaties (Cayman has 0% domestic CIT and individual income tax). Tax Information Exchange Agreements (TIEAs) with most major economies, but TIEAs are not bilateral tax treaties for treaty-shopping purposes.

See full treaty matrix

Data Sources

Last verified: June 2026. Always check official sources before making a decision.

FAQ

What is the personal income tax rate in Cayman Islands?

Cayman Islands has a top personal income tax rate of 0%. The tax structure is: No direct taxation. See the detailed breakdown above and verify with official sources.

Do I need to pay tax on foreign income in Cayman Islands?

Cayman Islands uses a exempt system for foreign income. No income tax on any source

What are the residency requirements for Cayman Islands?

Tax residency in Cayman Islands generally requires 183 days of physical presence. 183 days generally required; various residency permit categories available. Always verify current rules with official sources.

Is there a wealth tax in Cayman Islands?

No, Cayman Islands does not have a wealth tax. No wealth tax

What is the corporate tax rate in Cayman Islands?

The corporate tax rate in Cayman Islands is 0%. No corporate income tax; 15% QDMTT applies to large MNEs (revenue >€750m)

US citizen moving to Cayman Islands? Read this first.

Cayman Islands has 0% personal income tax, so the US-citizen math is dominated by FEIE plus self-employment tax.

  • •FEIE (Form 2555) shields ~$130k of earned income in 2026. Income above that has no Foreign Tax Credit to offset US tax (no foreign tax was paid), so it's taxed at regular US rates.
  • •Self-employment tax (15.3%) is owed in full — Cayman Islands has no totalization agreement with the US, so there is no SE-tax exemption.
  • •Investment income (dividends, capital gains, interest) is taxed at standard US rates. No FTC because no Cayman Islands tax was paid.
  • •Cayman Islands residency requires 183 days. State residency severance from a sticky state (CA, NY, VA, NM, SC) before international move is the highest-stakes practical step.
Read the full US-citizen moving-abroad guide

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