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COVID-19 FAQs: Guidance On Financial Assistance

Financial Support for Persons affected by the COVID-19 Crisis

This section covers financial support for persons affected by COVID-19 in the Cayman Islands. If your income has been affected due to COVID-19, you may be eligible for financial support from the Government. Click the links below to access the relevant section.

  1. Applying for Needs Assessment Unit (NAU) Assistance
  2. Pensions
  3. Applying for the Displaced Caymanian Tourism Stipend Programme
  4. More questions

 

 

 

Applying for Needs Assessment Unit (NAU) assistance

If you fit the following categories, you may be eligible for ongoing assistance from the Needs Assessment Unit (NAU):

  • Caymanian or Cayman Status Holder
  • Combined household income of less than $3,000 per month
  • You have neither withdrawn nor are asking to withdraw from your pension funds

 

To register for NAU support, visit http://www.gov.ky/portal/page/portal/nauhome/publications/pre-assessment-form.

For further information call the Unit at 946-0024 (GC) or 948-8758 (CB).

 


 

Pensions Holiday  & Pensions Withdrawal

As per the National Pensions (Amendment) Law, 2020, in the Cayman Islands there is a pension holiday until 30 September 2020 and you may withdraw your pension until 31 October 2020.

Both Caymanian and non-Caymanian employees and self-employed persons will be allowed to withdraw funds from their pension accounts with the exception of persons that have claimed normal or early pension entitlement aka "normal or early retirement".

Public servants with pension contributions under the National Pensions Law that were paid by a statutory authority or government company are also not eligible to withdraw their pension contributions.

Read more about this here.

 

Applying for the Displaced Caymanian Tourism Stipend programme

 

The Ministry of District Administration, Tourism and Transport has reopened registration for the Displaced Caymanian Tourism Stipend programme aimed to assist Caymanians who worked in the Tourism sector and have been displaced due to the COVID-19 pandemic that has impacted our tourism industry. Displaced Caymanian tourism employees who have not previously applied can register for the stipend programme between 29 July - 7 August 2020 provided that they meet the following criteria:

  • Caymanian Citizen (this does not apply to permanent residents)
  • Worked in the Tourism sector
  • No longer working full-time
  • Did not apply for the stipend programme previously 

The application must be completed online at VisitCaymanIslands.com

 

 

Still have Questions?

Visit our Get Help page.

 

Tags: FAQs, Guidance

Cayman Islands Government, Government Admin Building, Grand Cayman, Cayman Islands, Tel: 345 949 7900

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