Cost of Living Support

For the past several years, the cost of living has been increasing in the Cayman Islands and globally. This was increasing before the COVID-19 pandemic hit and it has worsened in the past 6 months due to supply chain issues and the rise in fuel prices because of the war in Ukraine. We are living in some of the most challenging times in recent history.

The Cayman Islands Government has taken more than a dozen substantive actions to lower costs for some of the most vulnerable people in our society – lower- and middle-class families, our senior citizens, and post-secondary students. There are also a number of initiatives about to be rolled to the public in the coming months.

How We're Helping

Supporting Your Income

We provided much-needed financial support to those who were suffering from reduced income due to the pandemic.

- Extending the Displaced Tourism Worker Stipend for another year

- Providing financial support to employees who had to quarantine and

could not work to earn their salary

- Enabling small and medium-sized businesses to protect their assets

Containing Your Costs

We are helping households manage their costs by:

- Offering fuel cost credit to help alleviate the price of electricity this summer

- Saving Caymanian families hundreds of dollars in school lunch costs and making sure our children are able to achieve their best in school by receiving the nutrition they need

- Removing import duty on essential goods and services

- Reducing fees of government services for Seniors

- Reintroducing private school grants to help the families that rely on private early childhood education centres and other education institutions

Empowering You

We are providing Caymanians with tools that empower them to make the right decisions.

- Helping persons find gainful employment

- Committing funding and policy to build 100 affordable homes

- Increasing the A-Level scholarship funding to cover full tuition for two years

- Increasing the funding and maximum amounts for both undergraduate and graduate scholarships

- Offering a $1500 travel stipend to scholarship recipients to get their visas to ensure that Cayman's youth has the support necessary to be successful in their educational pursuits

- Removing the mask mandate and pre-arrival testing for travellers empower the public to take personal responsibility for their health and safety

Caring For You

We are helping people cope with the stresses of life by investing in thriving communities

- Continued the Insurance Premium Payment Assistance Programme to ensure there was no lapse in health insurance coverage for displaced workers

- Building purposeful spaces such as the calisthenics park

- Provided free masks, LFTs and testing to help keep families safe at no extra cost to them