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Independent-means permanent residence compliance

Cayman AF42 Persons of Independent Means Permanent Residence Annual Declaration Checklist

AF42 is the annual sworn declaration for an existing holder of a Cayman Certificate of Permanent Residence for Persons of Independent Means under section 42. It is not the R42 application, AF41, a year-nine or indefinite-certificate application, a certificate or dependant variation, a fee payment, or professional advice. On 25 August 2026, the live WORC inventory linked a one-page form internally marked WORC/RPI DEC (2026/07) AF42. The form and current Schedule 5 Part 2C are not identical: they differ on the review period, conviction scope, health-insurance wording, maintained-investment wording, ordinary residence, communicable-disease and mental-health language, dependant authorization, and required dependant particulars. This guide treats those differences as filing controls rather than choosing one text by guesswork. It does not decide eligibility, investment qualification, ordinary residence, compliance, truth, acceptance, certificate continuation, revocation, or outcome.

Updated August 2026·21 min read·By Move to Cayman editors

Short answer

AF42 is the annual sworn declaration for an existing holder of a Cayman Certificate of Permanent Residence for Persons of Independent Means under section 42. It is not the R42 application, AF41, a year-nine or indefinite-certificate application, a certificate or dependant variation, a fee payment, or professional advice. On 25 August 2026, the live WORC inventory linked a one-page form internally marked WORC/RPI DEC (2026/07) AF42. The form and current Schedule 5 Part 2C are not identical: they differ on the review period, conviction scope, health-insurance wording, maintained-investment wording, ordinary residence, communicable-disease and mental-health language, dependant authorization, and required dependant particulars. This guide treats those differences as filing controls rather than choosing one text by guesswork. It does not decide eligibility, investment qualification, ordinary residence, compliance, truth, acceptance, certificate continuation, revocation, or outcome.

Last updated August 2026Canonical: /legal-tax/persons-of-independent-means-permanent-residence-annual-declaration-checklist

Key facts

  • Updated August 2026 for current Cayman relocation planning.
  • AF42 — annual sworn declaration for an existing section 42 certificate holder
  • Start with area fit before committing to a property or timeline.
  • Use licensed Cayman professionals for legal, immigration, tax, medical, insurance, and financial decisions.

Short answer: preserve the live AF42 and reconcile it with current Part 2C

Download AF42 from the live WORC Immigration Forms inventory on the filing date, preserve the exact PDF and hash, and compare every answer with section 42, Schedule 5 Part 2C, the certificate, the R42 application and supporting file, the prior declaration, current fee materials, and written WORC instructions. The live form says filing is between 1 and 31 December, or when the prescribed annual fee is paid on the anniversary of a granted right to work. It directs the holder to send the declaration with proof of CI$500 payment to AnnualDeclarationSubmissions@gov.ky. WORC's 7 August 2026 reminder also identifies this certificate category and allows email or Apollo House West submission. Confirm the exact route before signing or paying.

AF42
annual sworn declaration for an existing section 42 certificate holder
Short answer: preserve the live AF42 and reconcile it with current Part 2C
ControlRetainDo not assume
Form and lawLive inventory URL, PDF, download date, internal revision, hash, current Part 2C, certificate, R42 file, prior declaration, and written clarification.That the one-page form contains every current prescribed particular or uses the same scope and review period.
Timing and paymentCertificate, any work-right variation, anniversary, December diary, current fee source, payment proof, and route confirmation.That every holder uses the same date or that CI$500 is the only amount due.
SubmissionFinal sworn form, reconciliation, explanation or dependant schedule, attachment index, sent email or office receipt, and retained copy.That payment, delivery, acknowledgement, or a prior certificate proves acceptance or continuation.

Record the live version before answering anything

The live Annual Declarations tab selected a URL ending 2026-06-003f, while the one-page PDF is internally marked WORC/RPI DEC (2026/07) AF42. It contains eleven statements, lettered (a) through (k), and asks for a Cayman oath before a Justice of the Peace or Notary Public. Preserve the source exactly. The form also contains awkward agreement and alternative wording, including 'have suffered, and am not suffering', 'was not/were not authorised', and 'Neither my dependant(s) nor I am'. Do not silently rewrite a sworn source.

  • Save the unedited live PDF and record its source page, link, download date, page count, internal code, filename signal, and SHA-256 hash.
  • Treat every displayed paragraph from (a) through (k) as in scope and retain the form's definition of 'destitute person'.
  • Do not repair grammar, combine alternatives, update statutory labels, or rewrite a declaration without current instructions.
  • If WORC replaces AF42, compare every field, statement, footnote, instruction, oath, warning, payment and submission detail before carrying answers forward.

Build a live-form-to-current-law reconciliation

Current Schedule 5 Part 2C prescribes ten declarations, lettered (a) through (j), plus dependant particulars. The live AF42 instead presents eleven statements under a since-grant-or-last-declaration introduction and includes a separate sufficient-financial-resources statement. Part 2C uses different person scope and wording for convictions, insurance, communicable disease, mental health, dependant authorization, ordinary residence, and maintained investment. Prepare a line-by-line reconciliation and obtain written instructions on how omitted or differently worded particulars should be supplied.

Build a live-form-to-current-law reconciliation
Current Part 2C laneLive AF42 treatmentControl action
Investment and ordinary residenceThe form says at least CI$ 2,000,000 in developed Cayman real estate and says the holder has not been ordinarily resident outside Cayman continuously for one year or more.Reconcile the application-level investment, title and financing history, and the current since-certificate ordinary-residence period.
Insurance and sensitive declarationsThe form frequently speaks about the holder and dependants together and uses older or differently scoped language.Map each current prescribed person and wording exactly; do not broaden or narrow it casually.
Dependant particularsThe one-page form has no dependant schedule or education fields.Prepare the current particulars and confirm the accepted supplemental format and any separate variation route.

Identity, certificate, prior declaration, and review periods

AF42 asks for the certificate name, date and country of birth, and certificate date, then frames its statements from grant or the last annual declaration, whichever is later. Part 2C separately measures ordinary residence from the certificate-issue date and requires the maintained application investment. Build one chronology that identifies the operative certificate, any work-right variation, prior AF42, dependant certificates, reported changes, and the exact period used for each declaration.

  • Reconcile the certificate name with passport and any legal-name change record.
  • Record certificate number, issue date, conditions, qualifying investment, dependants, and every variation.
  • Retain the R42 application and investment file, prior declaration, payment and delivery proof, responses, and later corrections.
  • Do not use one blanket review period where the live form and current Part 2C use different anchors.

Maintain the developed-real-estate investment evidence file

Part 2C asks the section 42 holder to declare that the investment level made at application continues to be maintained, including at least two million Cayman Islands dollars in developed real estate in Cayman. The live AF42 compresses this to an investment of at least CI$ 2,000,000. Reconstruct the approved application position and every later title, financing, transfer, valuation, development, damage, insurance, or ownership event. This page does not value property or decide what amount, ownership, financing, paid-up position, or asset change satisfies the certificate.

Maintain the developed-real-estate investment evidence file
Evidence laneBuildEscalate when
Property and title identityCurrent title, block and parcel, purchase and transfer records, beneficial or entity interests where relevant, and the certificate/application cross-reference.Ownership, title, entity, beneficial interest, use, subdivision, strata, or parcel identity changed.
Application-level investmentApproved investment schedule, purchase price and payment trail, development cost where relied on, valuations, and the exact basis accepted at application.The present file cannot reproduce the application calculation or distinguish cost, value, equity, and paid-up position.
Financing and later eventsMortgage and charge records, principal history, refinances, releases, transfers, disposals, insurance claims, rebuilding, and material changes.Property was refinanced, sold, gifted, damaged, redeveloped, jointly restructured, or no longer matches the application file.

Build the ordinary-residence chronology from certificate issue

Current Part 2C asks whether the holder has been ordinarily resident outside Cayman for a continuous period of one year or more since the certificate was issued. The live form places its similar statement beneath a since-grant-or-last-declaration introduction. Those periods are not interchangeable. Build a complete residence and travel chronology from certificate issue, then separately identify the period covered by the current form. This page does not decide ordinary residence or how exceptional, medical, family, detention, work, or involuntary absences are treated.

  • Create a dated Cayman and overseas address chronology tied to leases, title, utilities, employment or business records, and other primary evidence.
  • Reconcile passports, itineraries, boarding passes, travel-account history, and available immigration records.
  • Identify every continuous overseas interval and every fact relevant to where ordinary life was actually centered.
  • Keep ordinary residence separate from physical-presence day counts, tax residence, domicile, work permission, and immigration status in another country.

Insurance, maintenance, destitution, and dependant authorization

The live form asks about adequate insurance for the holder and dependants, sufficient financial resources, destitution, and unauthorized dependants. Current Part 2C states insurance for the holder, spouse or civil partner, and dependent children; retains the destitution declaration; and uses the exact Residency Holders (Dependant's) Certificate wording. Build person-by-person evidence and confirm the current filing scope rather than assuming that the broader or narrower wording controls.

Insurance, maintenance, destitution, and dependant authorization
LaneRetainDo not assume
Health insuranceInsurer, policy, covered person, benefits basis, effective dates, premiums, payer, gaps, renewals, and written confirmation.That a card, invoice, or payment receipt proves adequate, active, or route-compliant coverage.
Financial maintenance and public-funds riskHousehold schedule, recurring obligations, dependant costs, liquidity and income evidence, with strict privacy controls.That an asset level automatically proves maintenance or that this page can classify a person as destitute.
Dependant authorizationEach person's relationship, residence, certificate, validity, conditions, changes, and current variation or removal record.That listing, insurance, schooling, shared housing, or a pending application authorizes residence or work.

Prepare the current dependant and education schedule

Part 2C requires details for accompanying and non-accompanying dependants: name, birth date, nationality, relationship, country of residence, accompanying status, and whether the accompanying number changed. It also asks for school or educational-institution details and, for a dependant aged eighteen or older, whether the person is in full-time tertiary education. The live AF42 has none of those fields. Confirm the accepted schedule and the relevant variation form before submission.

  • Build one row per dependant and reconcile it to passport, civil records, certificate, insurance, address, and school records.
  • Record every addition, removal, age or education change, date, notification, application, delivery proof, and written response.
  • Minimize child, school, medical, financial, and immigration data and transmit it only through a confirmed channel.
  • Do not infer dependant approval, continued residence, work rights, or variation acceptance from inclusion in a schedule.

Review convictions, health, and other sensitive declarations exactly

The live AF42 and current Part 2C differ on traffic-offence treatment, whether convictions and health declarations address the holder or dependants, communicable-disease certification, mental-health terminology, and the exact approved-dependant certificate. Current Part 2C uses Mental Health Act (2023 Revision) language. Read both sources exactly, preserve primary records, minimize access, avoid diagnosis or stigma, and obtain legal advice where meaning or disclosure is uncertain.

  • Do not paraphrase conviction, public-funds, communicable-disease, prostitution-related, political/racism, mental-health, or dependant wording from memory.
  • Separate the factual record from its legal classification and from the question of what must accompany the declaration.
  • Do not assume the live form's traffic-offence exception or dependant scope overrides the current prescribed particulars.
  • Do not use this checklist to diagnose a person, assess capacity, label a condition, or predict immigration consequences.

Written explanation, Cayman oath, payment, submission, and closeout

The live AF42 says a holder unable to make any of its eleven statements without making a false statement must provide an explanation to the Director of WORC in writing without delay. Part 2C says a written explanation must be included in the declaration where a prescribed declaration cannot truthfully be made. Stop before signature, prepare a factual chronology and evidence index, and obtain instructions on wording, timing, and delivery. The live form provides for the oath in Cayman before a Justice of the Peace or Notary Public, with the officer's name, signature, and seal.

  • Do not omit a current Part 2C particular because it is absent from the one-page form or leave a known conflict for correction after oath.
  • Confirm whether an explanation belongs in, with, and/or separately before the declaration and how receipt will be proved.
  • Retain the exact signed and sworn AF42, reconciliation or schedule, explanation, payment proof, attachment index, sent email or office receipt, and immutable copy.
  • Treat false-statement, offence, penalty, and revocation wording as reasons for careful review, not as a prediction that every error produces a particular consequence.
  • Calendar the next declaration and earlier investment, property, residence, insurance, dependant, education, and work-right controls.

Frequently asked questions

What is AF42 in the Cayman Islands?

AF42 is the annual sworn declaration for a holder of a Certificate of Permanent Residence for Persons of Independent Means under section 42. It is separate from the R42 application, AF41, certificate or dependant variations, work permission, fees, and any year-nine or indefinite-certificate route.

When does the current AF42 say it must be filed?

The live form says annually between 1 and 31 December, or, where the certificate was varied to allow work, when the prescribed annual fee is paid on the anniversary of the granted work right. Confirm the exact certificate-specific rule against current WORC instructions.

What payment does the live AF42 request?

The live form says to send the completed declaration with proof of CI$500 payment. It also refers to a prescribed annual fee where work rights were granted. Recheck current fee materials and route-specific instructions before paying.

Why compare AF42 with Schedule 5 Part 2C?

The live one-page form and current Part 2C use different review periods and differ on investment, conviction, insurance, ordinary-residence, health, dependant and explanation wording. Part 2C also requires a dependant and education schedule.

What investment does AF42 address?

Current Part 2C addresses continued maintenance of the investment level made at application, including at least two million Cayman Islands dollars in developed Cayman real estate. The live form compresses that wording. Review the certificate, application file, property and financing history, and current advice rather than relying on a present valuation alone.

What does AF42 ask about ordinary residence?

The live form says the holder has not been ordinarily resident outside Cayman continuously for one year or more, while current Part 2C measures this since the certificate was issued. Obtain advice on the correct period and the meaning of ordinary residence for the holder's facts.

What if an AF42 statement cannot be made truthfully?

Stop before signing. The live form requires a written explanation to the Director of WORC without delay, while Part 2C says a written explanation must be included in the declaration. Obtain advice on wording, evidence, timing, and delivery.

Who witnesses the live AF42?

The live form provides for the oath to be sworn in the Cayman Islands before a Justice of the Peace or Notary Public, with the officer's name, signature, and seal. Do not invent an overseas, remote, electronic, or alternative route without current written instructions.

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