Can you retire in the Cayman Islands?
Can you retire in the Cayman Islands? With beautiful beaches and good weather, it is easy to see why Cayman is regarded as an ideal place to retire, grow old and ultimately pass away.
Is crime bad in Cayman Islands?
Violent crime in the Cayman Islands is very low compared to other Caribbean islands. Virgin Islands (U.S.) It is important to note that all of the homicides in the Cayman Islands are committed between locals, and not towards tourists.
Is it worth buying property in Cayman Islands?
Cayman Islands property investment It offers several benefits for luxury homeowners or real estate investors. With tax-neutral status, numerous properties available, and a stable economy, investing in Cayman real estate is an attractive option. Find your Cayman Islands property with the help of our expert team.
Why is Cayman Islands high risk?
The Cayman Islands remains a high-risk jurisdiction for money laundering. The Cayman Islands has an established anti-money laundering/combating the financing of terrorism/counter-proliferation financing (AML/CFT/CFP) regime. The government is committed to strengthening its AML/CFT/CFP framework.
What are the downsides of the Cayman Islands?
Cons: Very expensive, too built up (in some areas)which can lead to crowds & traffic(but easy to avoid), flat & not very picturesque (unless you're on the beach), crappy exchange rate. agree with all the previous poster's pros... beautiful, crystal clear water, easy to deal with...
Can you drive in Cayman Islands with US license?
Driving requirement Non-residents are not required to get a visitor's permit to drive in Grand Cayman. You can drive as long as you have a valid driver's license and insurance. Visitors from a non-convention country with a valid driver's license can drive on the island for 1 month.
Where should I avoid in Grand Cayman?
Grand Cayman safety is something that almost all first time visitors think about. Fortunately, there aren't any areas that you need to actively avoid.