Property for Investment in Cayman Islands Safe property investment in Cayman Islands because the government allows foreign buyers to hold free title to land and there is an excellent system for maintaining electronic records of all land transactions, including creation of charges on land. Investors can quickly verify that the property that they propose to buy is free of any liens or other charges. Property investment in Cayman Islands is also remunerative because it can appreciate in value and generate returns. You will typically be able to sell the property at a significant profit, or rent it out to tourists and vacationers. There are two major factors that make property in the Cayman an excellent investment. Firstly, the Cayman Islands is a top Caribbean tourist destination with world-renowned diving and other tourist attractions. Secondly, Cayman is a top financial centre in the world with hundreds of banks located there, including UBS and Merrill Lynch. Wealthy retirees from other countries seeking a relaxed life with plenty of opportunities for leisure activities and the high net worth employees of the financial institutions are prospective buyers of property in the Cayman Islands. Or, instead of selling the property, you can let it out to tourists until you decide to retire, and then become a wealthy retiree yourself on the Cayman. The government welcomes such retirees by granting them permanent resident status for long periods. How to Invest in Cayman Islands Property Though you can buy land in bulk and then develop it yourself, such an option is not really practicable for the individual non-local investor. A lot of paperwork and formalities are involved in getting development permissions, building permits and more. You will also have to deal with different departments and sections in the government. A more practicable proposition is to invest in developed plots. Professional real estate developers have created layouts after obtaining required planning and development permissions. Many of the layouts offer waterfront or otherwise attractive properties, and come with infrastructure like asphalt roads and electric power. Developed plots with infrastructure, and even a full suite of architectural drawings and construction documents, are available on all the three islands. Examples include: Eco Golf & Beach Resort on the Grand Cayman Island Little Dolphin Estate on the Cayman Brac Island Lakeside Estate on the Little Cayman Island Developers of these properties on the Cayman Islands will also help you build dream villas on the plots by obtaining needed building permits and managing the construction. Property for Investment in Cayman Islands is a post from: CrownWorldCrownWorld Ltd - Land Investments - Little Cayman Land For Sale The post Property for Investment in Cayman Islands appeared first on CrownWorld Ltd. bit.ly/1wv17d8
Posted on: Sun, 26 Oct 2014 10:08:46 +0000
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