Is it worth buying property in Cayman Islands?
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...
Is healthcare free in the Cayman Islands?
The Cayman Islands has a well-developed healthcare system, with several public and private hospitals and clinics on the islands. The public healthcare system is not free for all residents but is funded by the government. It does, however, receive a Government output for pensioners and indigent.
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.