The Cayman Islands offer a realistic and durable real estate investment with many attractive attributes. There is no income tax, no inheritance tax, no capital gains tax, no property tax, no sales tax and NO SNOW! There are no legal restrictions to foreign ownership of property. Title to real estate may be held in one name, a group of people or by a company or corporation. Registered title to property is granted and guaranteed by the Cayman Islands Government Land Registry. The Government does levy a “one time only” stamp duty fee for the transfer of property documents. This is 7.5% of the purchase price on Seven Mile Beach and 6% for the rest of the Island.
The Cayman Islands are rated the 5th largest offshore financial centre in the world and the Islands’ vast white sandy beaches, exotic tropical climate, world class scuba diving, luxury brands, duty-free shopping, exceptional cuisine, choice hotels and vacation residences attract close to 2 million visitors each year. Between tourism and the financial industry, Cayman real estate investment has benefited to become a key economic generator with a great return on investment. Political stability, quality infrastructure, excellent communications, low crime rate, and a beautiful natural environment have facilitated the growth of a significant and buoyant property market.
Grand Cayman, the largest of the three islands, offers an abundance of real estate opportunities for beachfront property, executive oceanfront homes, luxury waterfront condominiums, and commercial business ventures.
The North Side of Grand Cayman offers a much more quiet, tranquil setting to enjoy the beauty of the Island. It is located approximately 22 miles away from the hustle and bustle, heavy traffic and cruise ship tourists visiting the duty-free shops and Seven Mile Beach in the busy financial capital of George Town.
The exclusive community of Cayman Kai, one of the most lavish residential areas in Cayman, is located on the western tip of the District of North Side. This peninsula is lined with eclectic waterfront residences on secluded white sand beaches with very few footprints. Only a few areas are designated for commercial business so residents and visitors are able to enjoy the pristine beaches and breathtaking sunsets without interruption but also have the choice to indulge in water sports activities, sip a refreshing drink at a popular beach bar and grill or enjoy a waterfront dining experience at an elegant fine dining restaurant. All of our wonderful attractions and amenities are listed under Cayman Kai.
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