A Look into the Strong Demand for Cayman Real Estate
With a solid property market, purchasing property on the Cayman Islands is a smart choice. The Cayman Islands is one of the most regulated offshore financial centers in the world due to the favorable taxation laws along with the leniency in real estate taxes – none on capital gains, income, or profits for foreign investors. From a tax perspective, this makes the Cayman Islands appealing for real estate investors. A Revamped Property Market Following the global economic recession, the Cayman Islands have experienced sudden a resurgence in the real estate market, bringing in a plethora of investors looking into Cayman Islands residential rentals. The strong demand for vacation homes along with flourishing transaction sales has led to believe that buyers have returned to this property market to pick up where…