Reasons To Considering Purchasing Property in the Cayman Islands

Written by Posted On Friday, 15 January 2016 12:20

It is hard to fathom why anyone might need some persuading to consider moving to any tropical island. However, there are times when people get so acclimated and used to their regular environment and they need a little push in a different direction. In this case, the right direction involves the Cayman Islands. The Cayman Islands are made up of three islands: Grand Cayman, Cayman Brac and Little Cayman. These three isles come together and make one of the most cosmopolitan countries in the entire Caribbean. 

1. Tax Benefits
Most countries endure the woes of paying lots of taxes. Americans are normally used to tax increases and receiving paychecks with almost half of the earnings going to taxes. One of the best parts of living in Cayman islands is that there are no income taxes, capital gains taxes or property taxes. That means a lot of money stays in the bank account completely untouched by the federal government! 

2. Island Perks
The cool island breeze, the crystal clear waters of the Caribbean Sea and visits to lounge around on Seven Mile Beach are just a few of the many perks of moving to the Cayman Islands. It is one of the most well-developed islands in the Caribbean. The golf courses, shopping mall strips and perfect weather are just a few of the attractions that make people feel like they're living in paradise. The palm trees, fresh produce, kind-hearted smiles and laid-back lifestyle of the people are more incentives to consider. 

3. Close Distance to US 
Cayman Islands condos are a great investment for anyone who wants to enjoy a cosmopolitan lifestyle in a tropical island location. Imagine the experience of living where many people go to vacation! Companies like REMAX.ky walk people through the process every day. This move alone will dramatically change a person's lifestyle and quality of life for the better. However, a big move to the Cayman Islands might leave some Americans feeling homesick and missing their loved ones occasionally. For the Americans who get homesick from time to time, the Cayman Islands are an hour away from American soil. For a little context, the Cayman Islands are south of Cuba and northwest of Jamaica. 

As previously mentioned, some people need a little push in a different direction at times. With consideration for the tax benefits, island perks and closeness to the USA, consider these reasons the official push and begin the moving process as soon as possible!

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