The cost of living in the Cayman Islands is a third more expensive than in the United Emirates, which basically means it is way over 100% more expensive than in most European countries and the United States. Although food and essentials are relatively affordable, rental prices are typically exorbitant. Rent can be anywhere between $1,300 and a
Dec 06, 2019 · The Cayman Islands dollar (CI$) is pegged to the US dollar at CI$1 = US$1.20. The maximum loan-to-value (LTV) ratio is 70% of the property´s appraised value, with a maximum term of around 10 to 15 years. However, Caymanians are offered longer periods of between 30 to 40 years. The minimum loan amount is US$100,000.
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