Frequently asked questions

What are the age and weight requirements for the Cayman Islands?

Aircraft manufactured after 1990 with a certified maximum takeoff weight exceeding 5,700 kg are accepted. Aircraft of lower weight are considered on a case-by-case basis if registration provides economic or operational benefits to the jurisdiction.

How does the owner check work?

CAACI conducts financial and legal due diligence on the owner before listing an aircraft. This maintains the jurisdiction's reputation and simultaneously increases banks' confidence in aircraft registered there.

How does the VP-C registration plate work?

The trademark consists of the prefix "VP-C" and two letters—the range from VP-CAA to VP-CZZ. The free combination is agreed upon during the document preparation stage.

What is the VP-C Online portal?

The CAACI electronic portal, through which all applications, certificates, and permits are processed, significantly speeds up document flow compared to paper-based procedures.

What makes the Cayman Islands convenient for secured financing?

The jurisdiction maintains its own registry of aircraft mortgages. The mortgage is publicly recorded, simplifying the structuring of transactions involving bank financing.

How does a deal work: stages and timeline from deposit to handover?

The standard path takes 6–10 weeks. Step 1: a letter of intent (LOI) with price and terms — 3–5 days. Step 2: a 5–10% deposit into escrow and signing of the purchase agreement. Step 3: a pre-purchase inspection — 1–3 weeks. Step 4: rectification of findings and price adjustment. Step 5: closing — simultaneous transfer of funds, title and risk, technical acceptance and ferry of the aircraft.

What is a pre-purchase inspection and who pays for it?

A pre-purchase inspection (PPI) is an independent check at a certified centre: airframe, engines, corrosion, records and compliance with airworthiness directives. It takes from 3 days on a turboprop to 2–3 weeks on a heavy jet and costs $15–100K — paid by the buyer. By market practice the seller pays to rectify airworthiness-affecting defects. A seller refusing a PPI is grounds to walk away.

What taxes and duties apply when importing and registering an aircraft?

The import budget depends on jurisdiction. In the EU the main items are any customs duty (most business-jet codes carry reduced or zero rates) and import VAT, which varies by country of entry (for example 19–22% in much of Europe). Registration in Aruba, San Marino or the Isle of Man under operation outside the EU allows a temporary-admission regime. We produce an exact calculation before the LOI is signed — an error here costs millions.

What should you do after buying an aircraft?

After purchase the aircraft must be entered into service: choose a registry (Aruba, San Marino, Isle of Man or a national one), sign a management and maintenance contract with an operator, enrol the engines on a programme (ESP/JSSI), arrange insurance, hangar and crew, and plan the first maintenance. We support all of these steps. Send us a request — we'll prepare options, calculate running costs and analyse the best fit for your task.

How do you verify an aircraft's legal status and history before buying?

Before a deal we check: title and absence of liens or leases (a registry title search), the full maintenance history and airworthiness-directive records, the status of heavy maintenance checks and engine time remaining, any incident involvement, and compliance with export rules. We organise this review and an independent pre-purchase inspection before any funds move. Send us a request — we'll prepare options, calculate running costs and analyse the best fit for your task.