The Government imposes an annual fee on vessels in Cayman which is collected by the Port Authority.
It is the duty of a boat owner to complete a licensing form and let the Port Authority know of any changes.
- boats under 21ft are free
- 21-30ft CI$200 p.a.
- 31-40ft CI$1000 p.a.
- 41-50ft CI$2000 p.a.
- 51-60ft CI$3000 p.a.
- 61-70ft CI$4000 p.a.
- 71-80ft CI$5000 p.a.
- 81-90ft CI$6000 p.a.
- 91-100ft CI$7000 p.a.
- all boats over 100ft CI$10,000 p.a.
Jet skis for private use are free, and CI$150 p.a. for commercial use. Commercial boats also need to be licensed but the process is a little more complicated. Note that there is no licensing fee so long as a valid business licence is submitted with the application.
To download a form visit www.caymanport.com/Forms.php. You can also register your boat and its name. Cayman offers five vessel registration options; visit www.cishipping.com to see which applies to you. All licence fees are renewable in January.