CJ Invest, News, Real Estate News
Amid the uncertainties of the pandemic, more and more people are looking to the sanctuary of the Caribbean.
And with the growth of remote work and increasingly mobile lifestyles, more Caribbean destinations are beginning to offer pathways to extended residency.
That’s the thinking behind the Cayman Islands’ new “Global Citizen” program, a work-from-home program that enables individuals to live and work remotely in the Cayman Islands for up to two years.
“Living and working in the Cayman Islands has long been a dream for many, thanks to its modern infrastructure, world-class telecoms, rich marine environment, superlative culinary offerings, excellent health care and its safe and welcoming community,” said Sue Nickason, Vice President of marketing and sales at Provenance Properties in the Cayman Islands. “The new global citizen program allows globally mobile individuals to work from home in this tropical paradise for up to two years.
So how does it work?
Interested individuals need to submit an online application; once approved, they need to find a property to rent or purchase and then book their flight.
The cost of each application is US $3,000, with another US $500 per accompanying dependent.
Each approved applicant will have to quarantine on arrival for two weeks, in accordance with government guidelines.
In addition, applicants must demonstrate that they have a minimum annual income of $100,000 for individuals or $150,000 for couples.
The Cayman Islands has a broad offering of rental properties for long-term stays, from The Terraces in the New Urbanism community at Camana Bay to luxury beachfront condos at The Residences at Seafire and single-family homes in neighborhoods like Governor’s Harbour.
“Our Provenance Properties team looks forward to assisting digital nomads to find a place to live and share relocation advice,” Nickason said.
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