Rentals and Commercial Property: What Makes Cayman a Valuable Addition to Your Portfolio
Summary: Property in Cayman Islands continues to increase in value, year over year. The Cayman Islands have long been considered an excellent opportunity for investment. The island chains have experienced steady growth thanks to a thriving International banking system, and it’s a vacation destination that never seems to lose its luster. For the money, Cayman Islands commercial rentals are an excellent bargain for smart investors. Investments are Cost-Effective Like any offshore investment, you stand to gain on the issue of taxation. However, Cayman offers a 7.5% duty fee at the time of sale and that’s it! Every dollar of income you make from the property is free from capital gains taxes that might reduce the value of your investment. This makes properties a cost-effective long term holding, especially considering the…