Finding a Second home in the Cayman Islands

Ask anyone who’s ever been and they’ll tell you that the Cayman Islands are an unparalleled slice of heaven. While it can be difficult to leave, many immediately make plans to head back. But while vacationing is all well and good, imagine having your own Grand Cayman property. Continue reading to find out more.

Cayman homes may not come cheap, but it’s best to think of them as an investment. This is true for a number of reasons. For one, it’s tax free. In fact, the islands have no income taxes, no property taxes and no capital gains tax. If you have your own business, the Cayman Islands are a perfect place to operate from. All this and it’s just three hours from the continental USA.

That’s not the only way the Caymans can help make you money though. If you won’t be down there all year round, consider renting your place out to other tourists. With the best diving in the Western Hemisphere amongst other attractions, you’ll have plenty of customers willing to pay you substantially to stay in your home instead of a hotel. Best of all, there are companies down there that will manage your property on your behalf and make sure that the tourists leave your home exactly as they found it. You get to collect rent and peace of mind all at the same time.

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Article submitted by Dream Finders. The company helps people find real estate in Cayman Islands they can call their second home.