What is the stamp duty rate in the Cayman Islands in 2026?

The standard stamp duty (transfer fee) is 7.5% of the purchase price. As of January 1, 2026, properties valued at CI$2,000,000 or more are subject to a 10% rate on the full purchase price.

Do first-time Caymanian buyers pay stamp duty?

First-time Caymanian buyers purchasing property under CI$400,000 may qualify for a full stamp duty waiver under the government concession program.

Does the 10% stamp duty apply only to the amount over $2 million?

No. The 10% rate applies to the full purchase price, not just the portion above CI$2,000,000. For example, a CI$2,500,000 property incurs CI$250,000 in stamp duty.

Stamp Duty Calculator

Estimate your stamp duty and total closing costs on a Cayman Islands property purchase. The rate adjusts automatically based on the current bands.

📄 Property details

Purchase price (CI$)

Buyer type First-time Caymanians may qualify for concessions.

Legal & bank fees (CI$) Attorney, valuation, bank arrangement fees.

Results

Stamp duty payable

CI$ 0

at 7.5% on CI$ 650,000

Purchase price

CI$ 650,000

Total closing costs

CI$ 0

Total cash needed

CI$ 0

Show full breakdown

Purchase price-

Stamp duty rate-

Stamp duty-

Legal & bank fees-

Total closing costs-

Total cash needed-

Closing costs as % of price-

Current stamp duty bands (effective Jan 1, 2026)

Under CI$ 2,000,000 7.5%

CI$ 2,000,000 and above 10%

First-time Caymanian (under CI$ 400,000) Reduced / waived

Want to understand how the 10% band affects the luxury market? Read our analysis

Important notes

This calculator provides estimates only — not legal or tax advice.
First-time Caymanian buyers may qualify for reduced or waived stamp duty on properties under CI$ 400,000. Confirm eligibility with your attorney.
Stamp duty is based on the higher of the purchase price or market value as assessed by the Lands & Survey Department.
The 10% band applies to the full purchase price, not just the amount above CI$ 2,000,000.
Additional costs (survey, insurance, mortgage arrangement) are not included here.
Cayman Islands has no income tax, property tax, or capital gains tax.

Ready to browse? Check listings on ListCayman, estimate your mortgage payments, or compare renting vs buying.