Frequently Asked Questions

TechCayman is a privately owned, government-enabled company that specialices in work permit and relocation services for technology-enabled and intellectual property (IP) companies and investors looking to establish a presence in the Cayman Islands. Our comprehensive services include:

• Work Permits and Trade & Business Licence: We enable TechCayman Sponsored Enterprise to obtain work permits and a Trade & Business Licence, ensuring a quick and efficient set-up and application experience.
• White-Glove Relocation Support: We assist with all aspects of relocating your team, including securing accommodations, banking and local introductions.
• Business Incorporation Guidance: While we do not oversee the incorporation process, we provide the necessary resources and connections to help you incorporate smoothly and quickly.
• Access to Networks and Capital: We connect you with an exclusive network of industry professionals and investors, providing opportunities for collaboration and funding.
• Expert Consultation: Our team offers personalised consultations to determine your eligibility and help you understand the benefits of relocating to the Cayman Islands.

Our mission is to position the Cayman Islands as a premier destination for tech businesses and investors, providing the tailored support needed for successful growth and operation in this vibrant market.

Eligible businesses include tech-enabled companies, technology firms, intellectual property holding companies, tech investors and other international enterprises seeking to operate in the Cayman Islands while primarily conducting business outside the jurisdiction. We proudly support a diverse community within the tech sector, including family offices, software developers, IP creators, global tech firms and innovators investing in, using and building technology.

Relocating to the Cayman Islands offers numerous benefits, including:

• A tax-neutral environment with no corporate, income or capital gains taxes for up to 30 years.
• A robust legal framework based on English common law.
• Proximity to major markets, including the United States.
• High-quality infrastructure and a favourable business climate.
• A supportive ecosystem for technology and innovation.

Additionally, TechCayman provides guaranteed work permits, rapid 10-day approval times, and no restrictions on commercial office locations, ensuring a smooth transition for your enterprise and talent.

Relocating your business to the Cayman Islands with TechCayman involves several streamlined steps:

1. Initial Consultation: Begin with a discussion about your eligibility to become a TechCayman Sponsored Enterprise.
2. Business Incorporation: Collaborate with a legal or corporate service provider to incorporate your business.
3. Sponsorship Agreement: Sign your TechCayman Sponsorship Agreement and apply for applicable Licence under the TechCayman pathway once incorporation is complete.
4. Work Permit Application: After securing your business licence, you can apply for work permits, which are typically granted within 10 business days of submission.
5. Relocation Support: Work with our dedicated customer service team for guidance on banking, accommodation and other relocation needs.
6. Ongoing Assistance: Receive continuous support to help your business thrive in the Cayman Islands.

With TechCayman, your transition is seamless, allowing you to focus on growing your business in a vibrant, tech-friendly environment.

From initial engagement to having your first employee start work, the relocation process can take as little as 45 days. It’s important to note that TechCayman does not oversee the incorporation process. However, if you work with a legal or corporate service provider to complete your incorporation quickly and without any issues, all subsequent steps on our end can be handled through our expedited pathway.

This streamlined approach ensures that, once your incorporation is finalised, we can swiftly assist you in securing the necessary Trade & Business Licence and work permits. By minimising delays and ensuring a smooth transition, we make it possible for your business to set-up operations in the Cayman Islands in record time. With our dedicated support, you can focus on what matters most: growing your business in a vibrant and tech-friendly environment.

TechCayman offers:

• Three-Year Work Permits: Enjoy three-year work permits with options for two additional renewals, totalling up to nine years.
• Dependents Permits: Obtain permits for dependents, including residency and, in some cases, work rights in the Cayman Islands. Dependents can also include parents and in-laws.
• Unlimited Work Permits: No limits on the number of work permits available for Sponsored Enterprises.
• Quick Approval Process: Experience a fast, 10-day approval process for completed work permit applications.
• Expedited Trade & Business Licence: Benefit from an expedited process for obtaining your Trade & Business Licence.
• Flexible Office Location: No restrictions on office location.
• Exclusive Network Access: Gain access to an exclusive network of investors and capital to support your business growth.

Yes, TechCayman helps secure both commercial office space and residential accommodations. We also provide support with health insurance, pension plan enrollment and other essential relocation services.

Absolutely! TechCayman offers unparalleled flexibility when it comes to office locations for our Sponsored Enterprise companies. Since we have no specific location requirements, you can establish your office in the vibrant community of Camana Bay or any other location across the Cayman Islands that suits your business needs.

Moreover, our relationship with Dart provides us with the unique ability to facilitate introductions and connections within the Camana Bay area. This can help you find the ideal space for your operations while benefiting from the area’s modern infrastructure and thriving business ecosystem. Whether you’re looking for a dynamic office environment or a quiet space to grow, TechCayman can assist you in making the right choice for your company.

To begin your journey with TechCayman, start by contacting us for an initial consultation. You can do this by filling out our contact form on our website or sending an email to [email protected]. Be sure to include any specific questions or details about your business needs, as this will help us better assist you.

TechCayman Education invests in local talent through initiatives like our Robotics Camps, Hackerspace and other STEM programmes. The Cayman Islands offer a high-quality education system, with public and private schools following British, American and International Baccalaureate curricula, ensuring a robust educational environment for families.

TechCayman is a privately owned, government-enabled company that specialises in work permit and relocation services for technology-enabled and intellectual property (IP) companies and investors looking to establish a presence in the Cayman Islands. TechCayman is not classified as a Special Economic Zone (SEZ). TechCayman operates as a flexible technology enabler throughout the Cayman Islands Government. This model allows businesses to establish a presence anywhere on the islands and provides tailored services to streamline your business setup and growth.

The Cayman Islands is known for its low crime rate and strong community spirit, making it one of the safest destinations in the Caribbean. Local law enforcement prioritises resident safety, and the islands have a highly responsive emergency services network, ensuring peace of mind for families and businesses alike.

The Cayman Islands boasts a modern healthcare system with advanced facilities and highly trained medical professionals. The islands are home to several reputable healthcare institutions, including Health City Cayman Islands, which offers a wide range of medical specialities such as cardiology, orthopeadics and oncology. Health City is a state-of-the-art hospital that combines the latest technology with expert care, featuring over 100 licensed doctors across various fields.

TechCayman can also assist you in navigating health insurance options as part of our relocation services.

Living in the Cayman Islands offers a unique blend of island relaxation and modern convenience. With 17 stunning beaches featuring powdery white sands and crystal-clear waters, residents can enjoy a slice of paradise right at their doorstep. The islands are also home to over 200 restaurants, showcasing a vibrant culinary scene that caters to diverse tastes, from local cuisine to international fare.

In addition to beach life, the Cayman Islands has a rich vibrant marine life, making it a premier destination for snorkelling and diving enthusiasts. The outdoor activities available, combined with a calendar full of cultural events, ensure that there’s always something to do.

Whether you seek tranquility in a serene setting or prefer the buzz of a lively community, the Cayman Islands provides an exceptional quality of life, attracting individuals and families alike.

The Cayman Islands is equipped with comprehensive hurricane preparedness and response plans. The National Weather Service provides regular updates, and emergency services are well-coordinated for quick responses. The local community is resilient and supportive, ensuring safety during emergencies.