If you’re a foreign national planning to purchase or import a vehicle in the Caymans, it’s essential to understand the legal procedures involved. In this article, we’ll cover the steps involved in buying or importing a car in the Caymans, along with the necessary paperwork and contact details of relevant government departments.
Buying a New or Used Car in the Caymans
Buying a new or used car in the Caymans follows a similar process to most other countries. The first step is to find a reputable dealership or private seller. You can browse local classifieds websites or visit authorized car dealerships.
Required Documents for Buying a Car in the Caymans
Foreign nationals need to provide the following documents to buy a car in the Caymans:
- Passport
- Work Permit (if applicable)
- Caymanian Status Certificate (if applicable)
- Proof of residency
- Valid driver’s license
Registering the Vehicle
Once you’ve purchased the car, you need to register it with the Department of Vehicle and Driver’s Licensing (DVDL). The registration process involves providing the following documents:
- Bill of sale or purchase agreement
- Customs declaration form
- Roadworthy certificate
- Insurance policy
After submitting the necessary documents, the DVDL will issue you with Cayman registration plates and a vehicle registration certificate.
Importing a Vehicle in the Caymans
If you’re planning to import a vehicle to the Caymans, there are specific procedures and requirements to follow.
Required Documents for Importing a Vehicle
Foreign nationals need to provide the following documents to import a car to the Caymans:
- Bill of sale or purchase agreement
- Customs declaration form
- Roadworthy certificate
- Insurance policy
- Import license from the Trade and Business Licensing Board
Step-by-Step Guide to Importing a Vehicle
Obtain an Import License from the Trade and Business Licensing Board. The Board will need to verify your residency status, and you may be required to provide additional documents.
Obtain a Bill of Sale or Purchase Agreement from the seller.
Obtain an Insurance Policy from a Caymanian insurance company.
Obtain a Roadworthy Certificate from a licensed inspection center.
Submit the Customs Declaration Form and all other necessary documents to the Collector of Customs.
Pay any applicable customs duties and fees.
Register the Vehicle with the Department of Vehicle and Driver’s Licensing (DVDL). Provide all the necessary documents, including the Bill of Sale or Purchase Agreement, Insurance Policy, Roadworthy Certificate, and Customs Declaration Form.
The DVDL will issue Cayman registration plates and a Vehicle Registration Certificate.
Contact Details of Relevant Government Departments
If you need assistance with the import process, you can contact the following Cayman government departments:
- Collector of Customs: https://www.customs.gov.ky/
- Department of Vehicle and Driver’s Licensing: https://www.dvdl.gov.ky/
- Trade and Business Licensing Board: https://www.dci.gov.ky/trade-and-business-licensing-board
Selling a Car in the Caymans
If you’re planning to sell a car in the Caymans, there are specific procedures and paperwork to follow.
Required Documents for Selling a Car in the Caymans
When selling a car in the Caymans, you need to provide the following documents:
- Vehicle Registration Certificate
- Bill of Sale or Purchase Agreement
- Roadworthy Certificate
- Insurance Policy
Step-by-Step Guide to Selling a Car
Obtain a Roadworthy Certificate from a licensed inspection center.
Obtain an Insurance Policy from a Caymanian insurance company.
Complete a Bill of Sale or Purchase Agreement with the buyer.
Provide the buyer with the Vehicle Registration Certificate, Roadworthy Certificate, and Insurance Policy.
The buyer needs to register the vehicle with the Department of Vehicle and Driver’s Licensing (DVDL) and obtain Cayman registration plates.
Submit a Notice of Transfer of Ownership to the DVDL within seven days of the sale.
Tips for Selling a Car in the Caymans
Here are some useful tips to keep in mind when selling a car in the Caymans:
Ensure the Vehicle Registration Certificate, Roadworthy Certificate, and Insurance Policy are up to date and valid.
Be honest about the condition of the car and disclose any defects or accidents.
Set a fair price based on the car’s condition, age, and mileage.
Meet the buyer in a public place and bring a friend or family member for safety.
Only accept cash or bank transfer as payment.
Once the sale is complete, submit a Notice of Transfer of Ownership to the DVDL within seven days.
Contact Details of Relevant Government Departments
If you need assistance with the selling process, you can contact the following Cayman government departments:
- Department of Vehicle and Driver’s Licensing: https://www.dvdl.gov.ky/
- Collector of Customs: https://www.customs.gov.ky/
- Trade and Business Licensing Board: https://www.dci.gov.ky/trade-and-business-licensing-board
Buying or importing a vehicle in the Caymans involves following specific procedures and providing the necessary paperwork. As a foreign national, it’s essential to understand the local regulations and residency requirements. Contacting the relevant government departments can help with any queries or issues during the process. Selling a car in the Caymans also involves specific paperwork, and being honest and transparent can ensure a smooth transaction.