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Engel & Volkers Cayman Islands

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Top 15 Reasons to Live in The Cayman Islands

 


1~Grand Cayman is the Safest Country in the Western Hemisphere. We have a strong and respected police department that contributes to the Peace and Order of the Island.

2~Best Climate, between 80-90 F year round (25- 32C). We have more than 300 days of Sunshine all year!

3~Travel anywhere in the world with relative ease. Only one hour flight from Miami.

4~No Income tax, No Property tax and No Capital Gains or Inheritance Tax in Cayman!

5~There is no onerous tenant/anti-landlord legislation.

6~We are a British Crown Colony; therefore we benefit form a highly developed level of Political, Economic and Judicial Stability while also maintaining a high decree of autonomy.

7~The Tap Water is Safe to drink, clean water is provided by Reverse Osmosis.

8~There are approximately 20,000 persons on work permits (out of a total population of about 42,000) with the vast majority on a 1 year lease.
 
9~There is no substantial Over Supply of Residential Real Estate on the island. ie. There is no such thing as 5 model homes, a builder may build one and if it does not sell then he will rent it out long term and it will pay for itself over time.  The real secret of the Island is that there is not too much of anything so Nothing is in Excess!

10~Government guarantees title of ownership.

11~No restriction on Foreign ownership (over 3 titles in your personal name requires a Trade & Business License)

12~Sophisticated planning and zoning bylaws with highly skilled building trades to assure your home is built to North American and European standards that you are accustomed to.

13~Highly skilled and sophisticated Doctors and Hospitals.

14~We have some of the most beautiful beaches and diving in the world along with world class restaurants and hotels.

15~Grand Cayman is a Very, Very Safe Oasis in a Troubled and Chaotic, World!

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