We work with international private and commercial banks in the Cayman Islands. Most institutions prefer clients with a local connection, for example via a Cayman company or an existing banking relationship; individuals without any local link are accepted only in exceptional cases. Remote opening is possible at some banks; minimum deposits from USD 5,000.
The Cayman Islands are among the best-known and most significant offshore financial centres in the world. With over 600 banks and more than USD 1.5 trillion in assets, the British Overseas Territory is the global centre for hedge funds, private equity and international wealth structures. There is no income tax, no capital-gains tax and no inheritance tax.
The Cayman Islands have been a CRS member since 2017 and exchange financial data automatically. Most institutions prefer clients with a local connection, for example via a Cayman company or an existing banking relationship; individuals without a local link are accepted only in exceptional cases.
All figures are indicative and subject to change. Not investment advice.
EU account registers, EAPO, bail-in risk and de-banking — the full picture.
Five steps from order to activated account.
CRS, FATCA and national reporting obligations explained clearly.
International corporate banking for non-resident companies.
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Proof of address and phone number must come from the same country — and that must be a genuine residence, not a PO box address. Our Nomad Package sets up a recognised address in the Philippines, including all required documents. Fully remote, no travel required. Ready in 1–2 weeks.
All information is provided for general guidance only and does not constitute legal, tax, or financial advice. Regulations and bank policies change; always verify current requirements before proceeding.