The Cayman Islands are a tri-island archipelago consisting of Grand Cayman, Cayman Brac, and Little Cayman. Daily direct flights from Owen Roberts International Airport link the islands to major North American gateways including New York, Toronto, Atlanta, Tampa, Charlotte and Chicago, and Miami is only a short 90-minute flight away. There is also a weekly flight from London via a quick tarmac stop in Nassau.
The largest island Grand Cayman isn’t just a wonderful place to visit but a great place to make your permanent home. So much so that many visitors eventually find themselves living on Grand Cayman – lured back by year-round sun, sea, sand and the genuine warmth of its people, known as CaymanKind.
Purchasing Property in Grand Cayman
Buying real estate in Grand Cayman is an easy and straightforward process, encouraged and facilitated by the Cayman Islands Government which guarantees title for residential real estate transactions. There are no annual property taxes or capital gains tax on the purchase of property, although buyers pay a one-time Stamp Tax of 7.5% on the purchase price of real estate or the market value of the property, whichever is higher.
With no restrictions on foreign real estate ownership, it is easy to purchase your own piece of paradise.