2026 Stamp Duty Changes in the Cayman Islands
- Market Reports
Did you know these Cayman stamp duty changes happened recently?
Recent updates to Cayman Islands stamp duty laws can have a real impact on purchase costs, especially for higher-value properties and Caymanian buyers.
- Stamp duty on properties over CI$2 million increased to 10%
- Stamp duty waiver thresholds were raised to reflect today’s market
- These changes can affect your budget, cash required at closing, and overall planning
Updated Waiver Highlights: First-Time Caymanian Buyers – Homes
- 0% stamp duty on homes up to CI$550,000
- 3.75% on homes between $550,000 and CI$650,000
First-Time Caymanian Buyers – Raw Land
- 0% stamp duty on raw land up to CI$250,000
- 3.75% on raw land between $250,000 and CI$350,000*
Second-Time Caymanian Buyers
- 3.75% stamp duty on homes up to CI$600,000
- 3.75% stamp duty on raw land up to CI$300,000
Groups of Caymanian Buyers
- 0% Stamp Duty on property up to CI$600,000 and raw land up to $450,000
- 3.75% on property up to CI$700,000 and raw land up to CI$550,000.
Understanding how these rules apply before you purchase your next property can make a significant difference.
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