First Time Caymanian Home Buyers Initiative Now Open for Applications

The Cayman Islands Real Estate Brokers Association (CIREBA) is now accepting applications for its First Time Caymanian Home Buyers Initiative, following the program’s announcement in December 2025.

Designed to support Caymanians on the path to homeownership, the initiative offers grants of up to CI $5,000 to eligible first‑time home buyers purchasing residential property in the Cayman Islands.

To qualify for the grant, applicants must meet the following requirements:

• Be a first time Caymanian home buyer
• Have received approval for a stamp duty concession
• Be represented by a CIREBA member agent
• One grant per property applies

Grant funding is determined by the purchase price of the property, as outlined below:

• CI $1,000 for properties priced between CI $0 – CI $99,999
• CI $2,500 for properties priced between CI $100,000 – CI $249,999
• CI $5,000 for properties priced between CI $250,000 – CI $600,000

This initiative forms part of CIREBA’s continued commitment to making homeownership more accessible for Caymanians by easing some of the costs associated with purchasing a first home.

Explore properties that fit the above criteria at bovell.ky, including Executive Suites. A gated community in central George Town with move in ready one and two bedroom residences available. With low strata fees and prices starting from just CI $284,500 for a 1 bed, or CI $399,500 for a 2 bed, these contemporary units make the ideal first time home.

For further information or to begin the application process, speak with one of our CIREBA agents: [email protected] or call +1 345 945 4000.