Do you know why people prefer investing in the Cayman Islands when it comes to investing in physical assests?
It is because of the following reasons:
There are no limitations on foreign ownership of Cayman Islands real estate if the property is for personal use.
There are no limitations on foreign ownership of Cayman Islands real estate if the property is for personal use.
There are no capital gains or annual property
If people choose rental properties in the Cayman islands and if the property is rented out as an investment to the residents, then no tourist tax is payable.
Cayman’s Land Registry office permits transfers to be comparatively quick and simple.
There are no time deadlines for building on raw land. The land can be held ignored indefinitely, and many families are land banking for future generations.
If you are interested to buy properties in the Cayman Islands, visit Ashmore Alexander or call us at 1-345-324-3333 to know more!