Does Cayman Islands tax foreign income?

Not taxed. In one line: 0% on foreign income · 0% on local income · no gains or estate tax.

Can I run an online business from Cayman Islands?

Effective tax about 0% with the cheapest legal set-up, which costs about USD 1,500 a year: foreign employer or own foreign company; no income tax.

What is the catch in Cayman Islands?

Company use is common for funds; personal moves are rarer.

Moving to Cayman Islands: tax, residence and real costs (2026)

Cayman Islands: 0% on foreign income · 0% on local income · no gains or estate tax. The cheapest route to residence is global Citizen Concierge programme (remote work, USD 100k a year income): about USD 1,500 in fees doing it yourself, with no investment, with about USD 8,350 a month of income shown, in about 1 months. Living costs about USD 3,800 a month for one person in George Town, and around USD 2,750 on a bare-minimum budget.

Key facts

Tax in one line	0% on foreign income · 0% on local income · no gains or estate tax
Foreign income	not taxed
Gains · dividends	0 · 0
Wealth · inheritance tax	none · none
Cheapest residence	Global Citizen Concierge programme (remote work, USD 100k a year income)
Money needed	About USD 1,500 in fees doing it yourself, with no investment
Time	about 1 months
Doable yourself?	Yes, with a checklist
Days you must spend there	residence
Citizenship	long path
Online business	0% effective, about USD 1,500 a year to run: foreign employer or own foreign company; no income tax
Living (one person a month)	George Town ~USD 3,800; bare minimum ~USD 2,750; family of four ~USD 8,450
Good for	funds domicile (hedge and private equity), exempted companies, STAR trusts, segregated portfolio companies
Common set-up	a Cayman exempted company or fund with a Cayman or Delaware feeder; families: a STAR trust holding a private trust company

Pros and cons

Pros	Cons
World centre for funds No direct tax	Very expensive Small; hurricanes

Questions

How much does residence in Cayman Islands cost?: Global Citizen Concierge programme (remote work, USD 100k a year income): about USD 1,500 in fees doing it yourself, with no investment, about 1 months.
Does Cayman Islands tax foreign income?: Not taxed. In one line: 0% on foreign income · 0% on local income · no gains or estate tax.
What does it cost to live in Cayman Islands?: Living costs about USD 3,800 a month for one person in George Town, and around USD 2,750 on a bare-minimum budget (based on livingcost.org, 2026).
Can I run an online business from Cayman Islands?: Effective tax about 0% with the cheapest legal set-up, which costs about USD 1,500 a year: foreign employer or own foreign company; no income tax.
What is the catch in Cayman Islands?: Company use is common for funds; personal moves are rarer.

Compare

Bahamas: 0% on foreign income · 0% on local income · no gains or estate tax
Puerto Rico (Act 60): US citizens: 0% on Puerto Rico dividends, interest and post-move gains · 4% on export-services companies
Bermuda: 0% on foreign income · 0% on local income (payroll tax on wages)
Turks and Caicos: 0% on foreign income · 0% on local income
Anguilla: 0% on foreign income · 0% on local income
St Kitts and Nevis: 0% on foreign income · 0% on local income
Antigua and Barbuda: 0% on foreign income · 0% on local personal income
Barbados: 0% on foreign income not brought in · up to 28.5% on local income · no gains tax

Compare all 53 places with your own income and budget →

Sources

https://www.gov.ky
Living costs: based on livingcost.org (livingcost.org, June 2026), rounded