Duties: up to 23%
Restricted items: Taxes on goods of certain COO
Non-working days: Saturday, Sunday, and Public Holidays
Lead times: 3 - 4 weeks
Best Carrier option: Courier
Prominent Languages: English
How TecEx Can Help You Import into the Cayman Islands
Unlike other islands in the region, like Jamaica, the Cayman Island has a reputation as a Tech and Innovation center. Unlike many other countries, the Tech sector here has benefited from changes forced in by Covid-19. Driven by a “work from anywhere” world with and less location-centric global economy, the Cayman Tech industry has thrived.
As more and more companies set up bases on this extremely business-friendly island, the already diverse Tech industry is expanding even more. A country traditionally renowned for its financial sector, the Cayman Tech industry is now a significant contributor to the local economy. Featuring everything from Fintech, e-commerce, software development, data services, and biotech, this destination is one well worth investing in.
Despite being business-friendly, importing into the Cayman Islands can be tough. Contact the TecEx team for quick and reliable IOR and customs clearance into the Cayman Islands.
Learn more about importing into North America here!
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