Grand Cayman draws many foreign investors looking for property. Real estate has historically been one of the best potential holdings for retirement, and Grand Cayman real estate has proven to hold its value during the most recent recession. Renewed interest in the island is driving sales of existing homes, but residential real estate in Grand Cayman is not the only option for investment.
The Cayman Islands thrive when the international financial community is doing well. Now that the world is collectively looking at better financial prospects, greater numbers of buyers are seeking long-term holdings that they can add to their portfolios.
Many of those buyers are driving up the cost of residential properties as their demand exceeds the available supply. That’s left considerable room for opportunity in Cayman Islands commercial property. Commercial buildings are a more expensive prospect than residential holdings in some cases, but you tend to get long term renters that may last for 6 months or more. You will pay a fee on those transactions, but you don’t pay any annual taxes on your holding or your income.
Before you Buy
There aren’t many hoops to hop through before you buy commercial real estate in Cayman. You won’t need to provide bank statements to the government, nor will you need much more than a passport to verify your identity. The only financial obligation you have aside from the loan or purchase price of the home is the stamp duty, which is only due at time of sale.
Bio: REMAX.ky is the leading real estate brokerage in the Cayman Islands, specializing in commercial and residential real estate.
Written by Andys Rent-A-Car
The kind of adventure and fun activities that one might indulge at the Grand Cayman Island are truly unforgettable, especially if you happen to anchor at a popular port of call – George Town. A little town of a population of just under 30,000 and with a climate that would beckon any travel junkie, there are plenty of fun activities that you could indulge in once you reach the small albeit, pleasant town, but here are some of the best.
Queen Elizabeth II Botanic Park
If you love nature and have a special place in your heart for botany, Queen Elizabeth II Botanic Park is the place for you. Come here in a grand cayman car hire spend as much time as you like. This park, without doubt can definitely be compared to a micro-Eden of sorts that is not only beautiful, but is home to a small number of blue-colored iguanas. Most importantly, it is quiet and serene; giving you the much needed relief from noisy crowds.
Cayman Turtle Farm
This lovely turtle farm may need an advance reservation, but the hassle is worth it. You can glance almost twice a day at an adult green sea turtle and reach out to yearling turtles. Enjoy feeding birds at the aviary and also watch a crocodile have its lunch – all at a safe distance. Your kids will also love sliding down the water slide and why just kids? You too can slide in.
West Is Best Jet Ski Snorkel Safari
If you are looking for a bit of an open-sea adventure, this Jet Ski Snorkel Safari will take you to the western side of the Grand Cayman from George Town, snorkeling around reefs or even a shipwreck site – all in a 90 minute tour.
Cayman Glass Bottom Boat Tours
Imagine viewing the underwater world while cruising on a boat that has a glass bottom. The view would be breath taking! Aboard the 34 ft ‘Reef Roamer’ boat, one is promised just that. The boat has a thatched canopy to keep you dry and cool in the heat of the sun. Enjoy watching shipwrecks, reefs or even a show where fish are fed.
How can one go to George Town and not enjoy scuba diving? Grand Cayman is more than blessed with about 364 dive sites with clear water, living corals and warm temperatures. Thanks to car rental caymen islands and the abundant number of shore sites, many dive operators and resorts located around George Town offer exclusive unlimited shore diving – all as part of a vacation package. So don’t miss out on the joys of scuba diving when in George Town.
Andys Rent-A-Car offers a wide selection of rental cars in grand cayman, from air conditioned jeeps to vans and convertibles.
Written by relocate to Richmond
When considering a move to a new town or city, the primary considerations are the standards of living and education for your children. All those being equal the next criteria would be everything from activities, entertainment, nightlife and nature. Richmond is a town that can cater to your interests, regardless of how varied they are. If I could give you just three reasons to move to Richmond, Virginia, it would be these.
The rich history and culture the city has to offer, the plentiful variety of quality entertainment and activities, and not to mention the fact that you’re never too far from some of the most beautiful rivers and forests around. Regardless where you live, houses Richmond va are never far away from some form of nature.
There is plenty to do in Richmond and museums and landmarks can be found all over town. If you’re a music lover then there is no place better than Richmond’s “The National” theatre located on Broad Street. It is here you can find amazing performances from top artists all year round.
For entertainment Richmond also has plentiful bars, restaurants and clubs to check out, and festivals that take place quite often. If you haven’t given Richmond, VA consideration for your next move, you may want to!
The Steele Group Sotheby’s International Realty provides the services of a realtor in virginia to people looking for Virginia homes for sale.
By Phin Upham
Henry Hudson was an epic explorer, if ever such a term could be crowned, who braved the Arctic region around Canada and the North Western United States searching for the fabled Northwest Passage. During that time, he made several important discoveries that he profited greatly from.
One of the most significant discoveries was the Hudson Bay area, which was twice the size of the Baltic Sea. This important passage gave the Hudson Bay Company access to every ship passing through the Atlantic looking for the Northwest Passage, and trade in the area prospered.
This discovery can be felt in modern day, as the shape of commerce was directly impacted by the discovery of Henry Hudson. That discovery shaped the Western North American boundaries into the present day.
He also discovered the Hudson Strait and the Hudson River, the latter being the source of many important landmarks in New York and New Jersey. New York’s town of Hudson, and the Henry Hudson Parkway both derive their namesake from him.
Unfortunately, his exploits drove him too far for his crew to keep up with. During an expedition to uncover more of Hudson Bay, the crew of the Discovery banded together to mutiny against Hudson and his teen-aged sons. The last anyone saw of Henry Hudson, he was paddling desperately in an attempt to catch to his mutinous crew members.
That image was endearing to more than a few fiction writers, and Hudson’s marooned crew shows up in a few novels. Washington Irving’s “Rip Van Winkle,” for instance, features them as mythic characters.
About the Author: Phin Uphamis an investor at a family office/ hedgefund, where he focuses on special situation illiquid investing. Before this position, Phin Upham was working at Morgan Stanley in the Media and Telecom group. You may contact Phin on his Phin Upham website or Twitter page.
Budget airlines are getting into international travel challenging established airline industry that charges hefty ticket prices. Some of these airlines don’t even have flights covering many cities in the United States. Case in point; Southwest Airline is introducing flights to several cities in Mexico and Condor Airline that don’t fly west of Mississippi domestically introducing wide-body Boeing 767 service to Frankfurt twice a week. Nonstop service from Austin, Texas; Portland, Oregon; Oakland, California; and several other US cities to Europe are cropping up all over the country helping with budget conscious travelers.
Economy Class (coach) ticket prices on these airlines are half what international carriers charge. Lufthansa typically charge $ I, 743 from Boston to Frankfurt and Condor’s price for flying from Providence to Frankfurt only $700. It doesn’t stop there, for few hundred dollars more travelers can upgrade to business class. Seats are not limited by peak hours since they offer services during peak hours without charging extra. Since they provide service from smaller cities they are not competing directly with major international carriers. Connecting flights are also easier to find when you get to the other side since there are many low-cost offerings available all throughout Europe.