If you’ve ever been to the Cayman Islands, you know how hard it can be to leave. For many, it’s almost impossible to consider leaving the beautiful sandy beaches, the friendly people and the perfect weather. Fortunately, you don’t have to leave. Cayman Islands real estate is an option for many more people than who realize it. Keep reading on to find out why.
While there are a number of places to look for vacation packages to the Caribbean, there are also a number for Caribbean vacation homes for sale. Wouldn’t it be nice to know you always have a place on one of the Cayman Islands? A place you’re familiar with? One that you know will be available when you want it? This can be your reality with the purchase of a vacation home.
You might be thinking affordability is an issue. Everyone does, of course. But consider that there are no taxes in the Cayman Islands. There are no sales taxes, no income taxes, no property taxes and no capital gains taxes. Your money will go much further down there and you’ll still be in a beautiful, first-world country.
Lastly, you can always elect to rent your home out to others when you’re not down there. You can even hire property management companies to oversee your home for you while others stay in it.