There are no legal restrictions of any kind on foreign ownership of property. Real estate can be held in the names of one or more individuals or in a corporation.
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Cayman’s Land Registry system is internationally regarded and guarantees title.
The development, sale and ownership of condominiums have proved enormously popular in the Cayman Islands for almost forty years.
The Cayman Islands enjoys a lack of direct taxation. A primary source of government income however is the levying of a one-time stamp duty on real estate transactions.
Given that the Cayman Islands are one of the worlds leading financial centres, it will come as no surprise that highly professional banking and investment services (including in relation to the provision of mortgages) are readily available.
The Cayman Islands Real Estate Brokers Association (CIREBA) has 176 listed real estate agents.
Full legal and financial services are available. Additionally, there are very highly qualified and experienced architects, engineers, surveyors and building contractors operating in the Cayman Islands.
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