The Cayman Islands, as you well know, is a safe heaven for investors in Real Estate and I mean Safe heaven in all aspects.Cayman Islands is the place to weather the international financial storm with little or no risk. Cayman Islands Real Estate is considered to be one of the safest investment in this time.
The reasons are:
- We are an English colony, the government is very stable and the legal system works for everyone the same.
- There are no Real Estate taxes
- There is no mandatory time to build or develop a land at any time (you can just sit on it and wait for better times to come)
- The value of land and property never goes down (the Island is too small and space is scarce)
- One of the lowest crime rates in the world
- There are no direct taxes
- There is no income tax
- There are no company or corporation taxes
- There is no inheritance tax, capital gains or gift tax
- There are no controls on the foreign ownership of property and land
- Investing on a water-front condominium will bring a healthy monthly return.
