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.
See below for the list of licensing fees depending on the size of your boat.
| Boat Size | Licensing Fee (per year) |
|---|---|
| Under 21ft | Free |
| 21-30ft | CI$200 |
| 31-40ft | CI$1,000 |
| 41-50ft | CI$2,000 |
| 51-60ft | CI$3,000 |
| 61-70ft | CI$4,000 |
| 71-80ft | CI$5,000 |
| 81-90ft | CI$6,000 |
| 91-100ft | CI$7,000 |
| Over 100ft | CI$10,000 |
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. All licence fees are payable to the Cayman Port Authority and renewable in January.
You can also register your boat and its name. Cayman offers various vessel registration options; visit www.cishipping.com to see which applies to you.