Under the Stamp Duty Law, Caymanians may qualify for a reduced rate of Stamp Duty. In order to qualify for a reduced rate, the following documentation confirming Caymanian citizenship must be provided when submitting documentation. All documentation must be Notorised.
FOR PERSONS BORN IN THE CAYMAN ISLANDS PRIOR TO 27 MARCH 1977
- A certified copy of birth certificate; OR
- a certified copy of photographic passport page; OR
- a certified copy of an Electors Registration Card.
FOR PERSONS BORN IN THE CAYMAN ISLANDS ON OR AFTER 27 MARCH 1977
- A certified copy of an Electors Registration Card;
OR
- A certified copy of birth certificate OR a certified copy of photographic passport page; AND
- Evidence that one parent was Caymanian at the time of the person’s birth (again in the form of a certified copy of parent’s birth certificate, photographic passport page, or certificate of Caymanian Status).
There are some persons born on or after 27 March 1977 who may have a letter issued by the Immigration Department confirming that they possess Caymanian Status, and a certified copy of this is sufficient evidence on its own.
ALL OTHER PERSONS
- A certified copy of an Electors Registration Card; OR
- A certified copy of a certificate or letter confirming Caymanian Status; OR
- A certified copy of photographic passport page; AND a certified copy of the passport page where confirmation of Caymanian Status has been stamped. Certification of the Status stamp page should confirm that the page is from the passport of the named person (with the name being stated).
MARRIED COUPLES
- Where an interest in property is being jointly acquired by a married couple and only one party is Caymanian, the reduced rate will apply to the entire purchase if the above conditions are met (including area of purchase), AND a certified copy of the marriage certificate is provided.
If any of the above cannot be provided a Valuation Officer at the Lands & Survey Department should be consulted on how to proceed.
Disclaimer
This information should be used for general information purposes only. The actual amount of Stamp Duty payable on any document can only be assessed when it is submitted to the Lands & Survey Department. The information provided is believed to be correct, however in the event of any contradiction, the Stamp Duty Law and associated Regulations will take precedence.