Cayman Islands Real Estate Buy A Piece Of Paradise
Have you ever wondered why there is so much interest in investing in Cayman Islands real estate
? The fact is that people from all over the world, but especially the United States, are keen to buy the most suitable property Cayman Islands offer because this place offers many advantages. This unique and special place offers great value to all sorts of buyers, irrespective if they are doing it for an investment or wish to actually live here. This is actually the right time to buy the best Real Estate Cayman Islands offers because the property market here is set to boom.
Situated a mere 480 miles south of Miami and located very close to Jamaica and Cuba, this is an island group that consists of three main islands that total approximately 100 square miles in area. At the same time, these islands are relatively off the beaten track when compared to the other islands in the Caribbean which are already quite crowded. For people who want to buy beautiful but cost effective property Cayman Islands are the best bet. It is really amazing that such tranquility is available a mere hours flight from the United States.
One of the first things that people notice about these islands is their tropical beauty. However, the advantages do not stop at that. The crime rate here is extremely low and the people are very friendly, prompting people to buy Cayman Islands real estate for their holiday or retirement homes. Another advantage that real estate Cayman Islands offers is that the infrastructure and services available are well developed.
Potential property owners need to know whether their investment in Cayman Islands Real Estate will be safe. These islands have a very stable government as well as excellent property laws that protect the rights of investors. There are also very few taxes here and real estate investors from abroad do not have to bother with paying property tax or capital gains tax. This sensible taxation policy has helped boost the real estate market here. Unlike many countries in the world, there are no restrictions on how foreigners can use the property they purchase. Being a British territory, property records are well maintained here and you will have no problem with the title of the property you purchase. On the whole the positive attitude of the authorities to foreign investment reflects in the experience that investors have.