Cayman Islands Real Estate

The Cayman Islands real estate market offers the serious investor many great opportunities to make substantial gains over their investment in just a few years.

There are a number of reasons why real estate investors are attracted to the Cayman Islands. One of the main factors that truly sets Cayman apart from most other Caribbean islands is that Cayman has no direct taxes:

• no income tax • no capital gains tax • no property tax • no inheritance tax.

There are no restrictions on foreign ownership of land in the Cayman Islands. A modern land registration system is run by the Government's Department of Lands and Survey. Stamp duty is payable on transfers of land and mortgage deeds. See our link on Real Estate Regulations for important information on Cayman island laws and government policies regulating the real estate industry, stamp duty tarrifs, and the various land zone categories.

The Cayman Islands offer a competitive offshore financial industry coupled with beautiful surroundings on one of the safest islands in the Caribbean, political stability through its relationship with the United Kingdom, accessibility of transportation, excellent communication and the highest per capita income in the Caribbean.

Real estate prices in the Cayman Islands continue to increase each year, but some compelling bargins on real estate for sale can still to be found, if you know where to look. The best course of action is to contact a local real estate agent who will have the knowledge of the local market, which will be essential for you to make an informed buying decision.

Real estate prices are lower on the other smaller islands than in Grand Cayman island. Investors and developers can still find a surprising amount of prime oceanfront or beachfront land for sale on both Little Cayman and Cayman Brac, ideally suited for retirement getaways or for those just looking for a more relaxed lifestyle.