The Cayman Islands, made up of the Cayman Brac, Little Cayman and Grand Cayman are a fantastic tourist center with an active tourism industry and a hub of business activities. Located in the Carribean, 90 miles outside of Cuba and sixty five minutes from Florida by flight, these three islands have become a place for both business and pleasure.
With its pearly clean water and amazingly beautiful coral reefs, these islands are a great place for deep diving and consistently boast of divers from all over the world visiting to explore the beautiful waters. Of the three Islands, the Grand Cayman gets the most tourists because of its size –the biggest- and concentration of investment opportunities available there. Little Cayman and Cayman Brac are also wonderful tourist centers with two airports –Gerard-Smith International Airport in Cayman Brac and Edward Bodden Airfield- catering to tourists’ influx and outflow, the three islands can be easily accessed without having to switch planes.
Apart from the turquoise waters, other tourist attractions include the Seven Mile Beach in the Grand Cayman, the Pedro St. James national historic site, Rum Point, Queen Elizabeth II Botanic park, Stingray City among others.
The mainstay of the Grand Cayman lies in its tourism industry. Responsible for about 60% of its revenues, it is a great place for investments and the hospitality business. Investors interested in buying land in Cayman Islands and other real estate properties will find a team of professionals available for their services.
The Cayman Islands are popular among businessmen, tax attorneys and investors mostly because it is a safe, tax haven. The government does not tax local and foreign investors. Properties acquired there are also tax free, making it a solid location for viable investments.
Owing to economy’s tax-free nature, buying lands in the Cayman Islands is an attractive investment opportunity. The Islands’ increasing tourist flow –over 2.6 million in 2006– makes sure of this.
Properties are also very much in abundance. Investors can acquire beach side condos, mansions, duplexes, private homes and villas. Not just that, the beauty of the pervading landscape and its awesome climate –tropical marine- makes for a peaceful getaway resort for many professionals and vacationers looking to get away from the hustle and noise of the cities and the stress of work.
With its awesome return-on-investment potential, its peaceful and calming environment, and the tourist boom –even in the face of looming global recession- it is no wonder that even Johnny Depp owns a few plots of land in Cayman Islands.
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