An Uptick in Stamp Duty Waivers
With the rise in property value, the Cayman Islands government took steps to support Caymanian families obtaining home ownership, the positive effects of which are starting to take shape. Improved Stamp Duty Waiver Eligibility Effective September 2023, the Cayman Islands...
With the rise in property value, the Cayman Islands government took steps to support Caymanian families obtaining home ownership, the positive effects of which are starting to take shape.
Improved Stamp Duty Waiver EligibilityEffective September 2023, the Cayman Islands Ministry of Finance and Economic Development (“MoF”) announced significant changes for Caymanians' eligibility when applying for a stamp duty waiver. The new stamp duty concession goes as follows:
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