No income tax. No capital gains tax. No property tax. Sound like an investor's dream? It is. Welcome to the Cayman Islands real estate market, one of the best places to get the most out of your investment dollar. These tax benefits continue to appeal to numerous international investors each month, even as other real estate markets are sluggish to recover. Cayman Islands real estate is one of the Caribbean's soundest investment secrets. What these savvy buyers recognize is that the Cayman Islands real estate market provides an extensive inventory of properties valued at more than $1.5 billion dollars each year for tax-free purchase.
Along with the tax benefits of buying real estate in the Cayman Islands, and contrary to other Caribbean real estate markets, there are no foreign property ownership restrictions. Purchasing a condo on Seven Mile Beach, a Cayman Islands luxury home, a beachfront vacation rental, or even a parcel of land, means that your Cayman Islands purchase will be yours for life, with no restrictions or taxation.
While these tax and purchasing benefits would be enough for many, it is the beautiful tropical setting and warm, hospitable people that make visitors want to represent one of the most stable economics in the Caribbean. The extensive infrastructure of banks, state-of-the-art medical care, well-maintained roads, consistent utilities, and hundreds of dining and shopping options are comparable to many small cities. Combine these amenities with local hospitality and you have a world-class destination unlike any other. In fact, Forbes recently confirmed what locals have known for years, naming the Cayman Islands the Friendliest Country in the World http://www.forbes.com/pictures/egim45filh/1-cayman-islands/.
In addition to being a safe, clean and modern tropical paradise, the Cayman Islands offer buyers another incentive to choose Cayman real estate to buy: the assurance that comes from working with licensed agents who are well-versed in modern real estate practices and are governed by the Cayman Islands Real Estate Brokers Association. The Cayman Islands real estate market is designed to meet the client's needs, ensuring that investors do not face any undue risks and that purchases can close on-time and with less paperwork than comparable real estate transactions in the United States or Europe.
Why choose Cayman Luxury Property?
We take pride in working hard for each and every client. Whether you are a first-time buyer or an experienced investor, we treat each client with professionalism and prompt service. From the moment you walk in to our Seven Mile Beach office, call us, or send us an email, you will be greeted by some of the Cayman Island's most reputable and experienced real estate professionals. Our brokers have decades of experience in the Cayman Islands real estate market, as well as extensive knowledge of and hands-on experience in the construction industries. Their varied expertise and commitment to excellence make it easy to get all of your questions answered in one place from professionals you can trust. If you call on a Saturday morning to see a listing, or after hours to ask a question about zoning, you will find the staff of Cayman Luxury Property attentive and knowledgeable, ready to help. Review the properties currently available on the MLS or give one of our local real estate experts a call to set up and informative meeting.
"There is no need to contact multiple brokers or agents when looking for real estate in the Cayman Islands. Our company can assist you with every available property that is currently for sale whether it be homes, condos, or land. This is at no cost to you. Let our professional agents do the work."
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