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.
The people of the Cayman Islands continue to rally for Derek Haines in support of his Six4Hospice campaign. On 27 July 2014, Derek will take on race four of six. This race will round out his summer racing tour and is being held in San Francisco, California. To date, Derek has surpassed the half way point in his goal...
On April 6, 2014 Derek Haines, 65, began his quest to raise a staggering $1 million toward a new Hospice Care facility for Cayman Hospice by running over 156 miles in marathons. Derek is very highly regarded in the Cayman community as a past member of the Royal Cayman Islands Police commended 31 times for outstanding work, as well as being...
In early 2014, the famed professional golfer Arnold Palmer was in town to break ground on the new Arnold Palmer golf course that will be implemented as a part of the new Ironwood Development. Arnold Palmer's Signature golf course boasts 40 years of experience, which will aid the team in creating the perfect golf course for his first...
1) The Cayman Islands have no restrictions on the foreign ownership of real estate. This is true as long as the real estate is for personal use.2) Unlike the United States and many other Western countries, the Cayman Islands have no property taxes. There is also an absence of any capital gains tax. Additionally, "tourist taxes" do not have to be paid...
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