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.
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.
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.
There is an underlying disdain currently being expressed globally, especially within North America and Europe, with regard to the way they are being taxed, with rising taxes choking investment choices and stifling growth. Such pressures have encouraged investors to look for better ways to seek investment returns.
Some see the inking of these agreements as a further erosion of Cayman’s strict privacy laws that have helped the location build a successful wealth management industry for those who need to keep their financial affairs private for reasons of safety and so on.
The Cayman Islands has always been an excellent market for real estate investment for overseas investors, with its close proximity to the United States, and offering stability and security as a British Overseas Territory, a plethora of ...