Cayman Islands: Real Estate And Much More.

2006-06-17 00:00:00 (GMT) ( - Real Estate News News)

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Location and General Information [Cayman Islands] lie in the midst of the Caribbean Sea. It is in three parts namely Grand Cayman, Little Cayman and Cayman Brac. Cayman has a population of 45000. Georgetown is the capital of Cayman and English is the chief language spoken. All religions are practiced Anglican, Baptist, and Catholic to name a few. The land area is 260 sq km. 19 degrees 30N; 80 Degrees 30W are the latitudes and longitudes respectively. Little Cayman and Cayman Brac are very close to each other while Grand Cayman lies 85 miles from Cayman Brac. The most convenient way to get there is by Ship or via air. Georgetown is in Grand Cayman. Sting Ray City, Savannah, Pedro Saint James Castle, Bodden town, Breakers, East End, Rum Point, Seven Mile Beach, Cayman Turtle Farm, Sting Ray City are sum of the prominent places in The Cayman. The Cayman Dollar(CI) is the currency.

Culture and People in Cayman

Caymanians are known for their determined, sportive spirits and frolicsome attitude. Life in Cayman is a concoction of old and new, classical and newfangled, British and American influences. Most Caymanians are churchgoers and dislike coercive behavior, coarseness, drunkenness; gambling and drug-taking. Caymanians involve themselves in many social activities like community, church and service club involvement to a wide range of sports on land and water along with special interest organizations.

The Economy

Industries like real estate, services, banking and tourism are the backbone of economy. There is no burden of direct taxes on people.

The Real Estate in Cayman

Investors have excellent opportunities to invest in real estate and make phenomenal gains within small time. The reasons for the boom of real estate in Cayman are
• No income tax
• No capital gain tax
• No property tax
• No inheritance tax
• No restrictions on foreign ownership
• A modern land registration system
• Dazzling and pulchritudinous surroundings
• Politically stable, smooth transportation and easy communication.
• Highest per capita income in the Caribbean
• Phenomenal upsurge in real estate prices
• Numerous real estate companies arriving in Cayman

How you get to Cayman

There are many airlines from Cayman, U.S.A, Jamaica, and Canada and all over the world having scheduled flights to Cayman. Shipping companies deliver heavy baggage, cars and commercial freight.

What you can do in Cayman

The [Cayman Islands] are hotspot tourist destination especially in winter season – “November through April”. The Christmas Season being the main attraction, with a lot of parties and celebrations on. The Cayman are a splendid place to shop, The Cuban Cigars being a special feature. There are many other things you can do like relax on the beaches which are full of fun and beautiful people, see the underwater marvels, do scuba diving, parasailing, jet skiing, sailing and wind surfing, Cayman weddings is another feature and you can opt for cosmopolitan church wedding or tying the knot at cherished beachfront. The Pirates week is the time when music, street dances, games, food drink, mock pirate invasion, kid’s day, parade sports events and fireworks are part of Cayman. [Cayman Islands] is heaven for newly weds and the place itself can give you unforgettable and everlasting memories of your honeymoon. - Press Release Distribution Service


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