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Latest News: Cayman Islands land opportunities from just £50K
Comprised of three islands, Cayman Brac, Grand Cayman, and Little Cayman, the Cayman Islands, situated just northwest of Jamaica, offer a simple and substantial opportunity to add income by investing in plots of land on an unspoiled island at the start of its development cycle.
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There are many factors that make investing in the Cayman Island land a safe and predictable investment, whether you are looking to build a holiday home, or looking for some financial returns from a short to mid-term investment opportunity.
The Cayman Islands, and especially Grand Cayman, have become a popular choice for investors looking for the perfect Caribbean property for sale. Grand Cayman has its own airport, the Owen Roberts International Airport, which has regular flights to most major U.S. cities and London Heathrow airport. The Cayman Islands can be reached in just over an hour from Miami.
Since the Cayman Islands are British Territory, they represent a safe opportunity for land investment and the government allows foreigners to own land in the Cayman Islands with freehold title. The Cayman Islands are a top destination, and many investors are finding that it is an ideal place to find their dream overseas property.
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These three beautiful islands were first sighted by Christopher Columbus, in 1503 on his final voyage to the New World. Sir Francis Drake, a later visitor who landed there in 1586 gave them their name, which comes from the word "caiman", the Neo-Taino nation's term for alligator.
|Useful Facts About The Cayman Islands|
|Major Airports||Grand Cayman, Cayman Brac, Little Cayman|
The islands are actually the peaks of a massive underwater ridge. The Cayman Ridge rises 2,400 metres from the ocean floor. The Cayman Islands were formed by large coral heads that covered the submerged peaks of the ridge. They are mostly flat, with The Bluff on Cayman Brac being the highest point on the island at 140 feet. The Cayman Islands are perched right next to the deepest part of the Caribbean Ocean, the enormous Cayman Trench.
The Caymans are world famous as a scuba diving location, and there are even locations where tourists can swim with stingrays, such as "Stingray City", a series of shallow sandbars found in the North Sound of Grand Cayman. Another interesting attraction is "Hell", a collection of black limestone formations that can be found in the northwest Grand Cayman town of West Bay. This is a popular stop for cruise ship tourists, many who are delighted to send home a postcard from "Hell".
As they are a British overseas territory, they are ruled by a 15-seat Legislative Assembly lead by a Governor who is appointed by the British Government. There are no direct taxes imposed on residents of the islands or Cayman Islands companies.
Many people choose to hold their weddings in the Caymans, as the country is under a British based law system and such procedures can take place without too much hassle. The Cayman Islands are a popular honeymoon location, as couples find the crystal clear turquoise water, soft sand beaches, and brilliant sunshine to be a romantic atmosphere to enjoy each other's company.
On the Caymans, you will find a very happy, laidback, community oriented pace of life.
The inhabitants enjoy one of the highest standards of living in the West Indies. Thanks to the absence of direct taxes, the island has a huge offshore banking industry. Tourism is also one of the largest elements of the economy.
The main cultural influences of the Caymans are the UK, North America and Jamaica. However, beyond these three dominant cultural influences there are 113 different nationalities represented across the three islands. Approximately twenty thousand of the approximately fifty two thousand people who live in the Cayman Islands are of native Caymanian origin. The native people are a strong and independent group, and they life from the sea, surviving through fishing and working as merchant seamen.
Christianity is the most practiced religion on the islands, as a result of the American and European influence. Religion is a very important part of everyday life on the islands, and many local businesses will be closed on a Sunday.
The cuisine is mostly influenced by the flavours of Jamaica, with spicy jerk seasoning on meat, bread fruit, Johnny cake, and meat pies being very popular. However, the Caymans also have their own unique traditional dishes, including turtle soup and turtle steak.
Caymanians are a creative people, and dance, theatre and the visual and literary arts are a large part of their culture. The Cayman National Cultural Foundation is a group that promotes the creative arts on the islands. The people are polite and respectful, and you can expect to be greeted with a kind "Mr" or "Miss" whenever another person addresses you. Most people are generally laid back and embrace the joys of life.
It's hard not to be relaxed and happy when you live in such a beautiful place, and as soon as you set foot on the Caymans, you will understand.
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