Posted on
June 30, 2007 @ 5:24 am
Being an avid real estate investor, I am constantly looking for new markets to invest in real estate. I was talking to a colleague of mine one day at lunch and he suggested that I take a look at the Cayman Islands.
Looking into Cayman Island Real Estate I was excited about some of the unique advantages of investing in the Caymans. Some of the more notable ones are:
- Favorable tax laws such as no income tax, capital gains tax and no property tax.
- There are no restrictions on foreign ownership.
- Good return on investment of properties.
- Great range of properties available from inland house lots to million dollar beach front properties.
- High rental rates for income properties. An example is you can expect between $1000 to $2500 per month for a two bedroom apartment.
After seeing all the benefits, I decided to get in touch with a realtor. Consulting the Cayman Island Business Directory, I found many realtors who I spoke to and were interested in helping me find exceptional rental properties. I know that it worked out well for me and I would suggest you all consider the Grand Caymans for your next real estate investing venture.
