Real Estate Review: Time for a Caymanian overhaul

As the Baby Boomers age, finding ways to earn passive income has become more important. Many of them are ready to retire from their regular jobs and have been looking to supplement pensions, retirement accounts and Social Security to enable them to retain their usual lifestyle.

Movements in global tax climate a plus for offshore

Tax advantages make investing in Cayman Islands property extremely attractive.
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Staying a step ahead: A new wealth structuring forum for Cayman

Demonstrating that the Cayman Islands is a well-regulated, innovative, and sophisticated international financial center is the responsibility of everyone who is engaged in the...

Steady as she goes…

Although our year to date sales figures cannot possibly keep pace with previous years due to the decrease in foreign investment, we would describe...

Cayman’s economy holds strong in the Caribbean

I am excited for Cayman’s future. Sensible financial management by government, developing infrastructure, coupled with an improving U.S. economy all point towards Cayman’s economy leading the region in the months and years to come.

 

Holographic wills

I have written often about the remarkable level of innovation and change that has occurred in the world over the last 30 or so...

Remedies for economic woes: cut costs and crime

So, what’s happening in the real estate market and what factors are there that may have significant impact on it in the coming months or years? 
Well, Coldwell Banker’s mid-year Market Report is now out in hard copy and on our website. There is not room to reprint it here, but in summary the last six months have continued the downward trend of prices and sales volume.  However, just in the last month or two we have seen a marked increase in activity. Why? Well, there are several possibilities.

Trustees and divorce

Recent developments in the case law of onshore jurisdictions like England and Hong Kong have only highlighted for trustees the very difficult position they...
Reading glasses and a pen sitting on top of a disclosure agreement.

Denying disclosure to beneficiaries

We are all familiar with the core principle of trust law that a trustee must account to its beneficiaries for its administration of the...

The real state of the real estate market

Some of this is the fault of the media which in recent times has become much more of a sales tool than an objective source of information. But I think some of it is also the result of focusing on short term trends rather than taking a longer term view.

Trustees and the protection of private client confidentiality

As practitioners in the financial services industry are well aware, in recent years, technological developments and changing business practices have combined to create a...

Trusts and undue influence

The courts of equity have for centuries been called upon to set aside transactions in circumstances where one person has allegedly been induced to...

Relocating to Cayman

  Pressures from international regulatory bodies placed upon entities to show a physical presence in their offshore location has meant that the Cayman Islands are quickly becoming an attractive place for relocation.

Data protection update

In an article published in the Cayman Financial Review in the third quarter of 2016, I talked about the English case of Dawson-Damer &...

Cayman – a solid force in a sea of change

These past few years have seen massive upheavals in the economies of many countries around the world, big and small, yet Cayman remains strong as a resilient jurisdiction that continues to offer a professionally skilled workforce second to none, opportunities for growth, innovation in development and a lifestyle that is still envied the world over. 

 

The various roles of the successful family office

As technological advances have eased international travel and communication, the homes, education, investments and business interests of high net worth families are no longer...

Cayman Islands property means spreading the risk

There are so many benefits that can be enjoyed by owning a property in the Cayman islands, not least of which is that it is a beautiful jurisdiction with year-round sunshine and just an hour’s hop from the States, so buying a home in the Cayman Islands should be at the heart of any investors wealth management programme.   

 

Why Cayman Islands trustees need to care about UK tax

Tax is a tricky subject at the best of times. Whilst it is difficult to get accurate figures, some estimates of the length of...

Public maladministration and land markets

The fallout of the improper disposals of Crown lands in the Turks & Caicos Islands has led to all manner of legal actions to unravel the past illegal transfers, as well as transparency and governance reforms designed to minimise the risks of similar events occurring again. 

 

Varying the terms of a trust in the Cayman Islands

I took part in a telephone interview recently for a legal directory, in the course of which the question came up, as it does...
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