Investing in Land Cayman Islands
Posted by David in BPO, Buy Property Overseas, Caribbean Investments, Cayman Islands property news, Investment Property on 22nd of October 2010
The Caymans have no property taxes and investing in land in the Cayman Islands is advantageous from the tax perspective also. There are also no direct personal or corporate taxes in this tax-neutral British territory. Cayman Island land investments are also secure real estate investments because the territory is politically stable, has sound regulations operating under British Common Law and good infrastructure.
The Caymans have been rated as the fifth largest financial center in the world and renowned financial institutions like UBS and Merrill Lynch have set up offices there. Tourism is the other major industry in this Caribbean Island with extensive waterfront, coral reefs and long beaches facing the sparkling waters of the Caribbean Sea. The islands offer top grade facilities for diving, snorkeling and other water activities.
