By TechBullion, PR

Most people would agree that real estate is a secure long-term investment.

However, there are many factors that determine whether an investment is a wise decision. 

Buying rental properties in a high tax location like California isn’t the best move; compare this to buying real estate in the Cayman Islands, where there is no annual property tax, income tax or corporate tax. 

Below are 3 reasons why investing in real estate in the Cayman Islands is a great long-term idea:

1) Prices have been rising consistently

Over the last 30-years, property prices in Grand Cayman have been rising consistently. 

This articleshows that real estate prices have risen to an average of over $676,800.00 per listing.

This is an increase from previous years. 

Most real estate investors in the Cayman Islands are wealthy foreign owners; this means that even if a recession hits, the impact on the market is minimal, since recessions typically don’t affect the ultra-wealthy like they do the middle-class.

2) The Cayman Islands is politically stable

The Cayman Islands is a British overseas territory. 

They operate on a British law system, and have a democratically elected government. 

The Cayman Islands isconsistently ranked as one of the safest countriesin the Caribbean. 

If you invest in property here, there is no risk of a rogue government seizing it 10 years later. The Cayman Islands has very strict private property protection laws. 

This websitethingstodocayman.net/real-estate-for-sale/shows many different real estate investment opportunities in the Cayman Islands.

3) There are no direct taxes

The Cayman Islands is famous for being an offshore tax haven.

There is no annual property tax, no corporate tax, no capital gains tax, no income tax and no sales tax.

If you buy real estate here, then your upside is much greater due to the tax status of the islands.

Some people compare paying annual property taxes to renting from the government; in the Cayman Islands, you truly own your real estate.

There are very friendly foreign investment laws, making it easy for people to buy real estate from abroad. 

In conclusion:

The Cayman Islands is a great investment opportunity. 

Most people look at the tax status of the jurisdiction, but miss other important benefits such as political stability and the consistent appreciation of real estate. 

The government of the Cayman Islands has purposely made real estate investing easy for foreigners, making this a must do investment for anyone looking for long term growth. 

Source: https://www.techbullion.com/the-tax-free-investment-opportunity-cayman-islands-real-estate/