Yes, Cayman Islands residents and citizens can obtain a mortgage to purchase property in Florida. The Cayman Islands is a major international financial center with strong banking ties to the United States. Lenders are very familiar with Cayman-based applicants, and many high-net-worth individuals from the Cayman Islands already invest in Florida real estate. Down payments start at 25%, and the KYD is pegged to the USD, simplifying financial documentation.
25%
Minimum
Cayman Islands buyers typically need a 25% down payment, valid passport, TIN (Tax Information Number), 12 months of bank statements from Cayman Islands institutions, 2-3 bank reference letters, proof of income (employment letter or tax returns), and a CPA letter. The Cayman Islands does not levy income tax, so lenders will rely on bank statements and CPA verification. The KYD is pegged to the USD at 1:1.20, simplifying currency documentation. A US bank account is helpful but not always required at the application stage.
The typical mortgage process for Cayman Islands buyers takes 30-45 days from application to closing. Pre-qualification can be done in 1-2 days, document collection takes 1-2 weeks, underwriting 2-3 weeks, and closing 1 week. The strong banking infrastructure in the Cayman Islands and English-language documentation can help streamline the process.
Contact us for a free consultation about your mortgage options as a foreign national buyer.
We review your financial profile and determine your estimated loan eligibility and terms.
Gather your country-specific documents with our personalized checklist and expert guidance.
Submit your complete application package to our partnered lenders for review.
Your application is reviewed and approved. We handle all communication with the lender.
Sign your documents and receive your keys. Remote closing options are available.
Cayman Islands residents and citizens can finance Florida property with a 25% minimum down payment using their TIN, passport, and bank documentation from CIMA-regulated institutions. With no income tax and the KYD pegged at 1:1.20 to the USD, Cayman-based applicants benefit from strong financial credibility. HFG International specializes in Cayman Islands buyer mortgages for high-net-worth investors targeting Miami and South Florida.
Call Medardo F. Cevallos — he understands the Cayman Islands mortgage process.
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