We Sell More than Real Estate, We sell a Lifestyle

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Cayman Islands Real Estate Agent Rick Burgos
www.rickscaymanproperties.com [phone]
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About Rick
Born in Belize, but living in the Cayman Islands
for the last 44 years! I have had the distinct
pleasure of experiencing and contributing to the
most successful development era of these
beautiful Islands. As a result, I am very
familiar with the market, the residents and the
business processes. I was transferred to Grand
Cayman in 1968 by Barclays Bank, where I gained a
varied and well rounded financial and managerial
experience as a banker working in every
department of the Bank. After 25 years as a
banker, I ventured into Real Estate in 1992 and
have been a solid producer with Coldwell Banker,
winning annual international awards to the
Diamond Society, the President's Circle and
President Elite. I contribute to the social
aspect of the Cayman Islands as an active
Rotarian, I am a Past President of the Rotary
Club of Grand Cayman, Past Treasurer of CIREBA
and a Notary Public for many years.
www.rickscaymanproperties.com [phone]
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About Rick
I am currently married to the former Lillian
Fonseca, who is also from Belize. We live in the
serene Savannah area of Grand Cayman. I have two
children, Rafael and Ileana, who are currently
living abroad gaining valuable work experience
after graduation from college. In my spare time
I love to spend time with my family and read.
Tennis is my main hobby along with dominoes,
dancing, traveling and more recently, gardening.
www.rickscaymanproperties.com [phone]
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Buy Real Estate in The Cayman Islands

• Thinking of
• Buying in the Cayman Islands for the first time
  or
• Upgrading currently owned property or
• Any other investment opportunity

Things you should know
There are no restrictions on foreign ownership
and in fact foreign ownership is what has made
Cayman grow the way it has over the past 40
years. The land title system (Torrens) is the
simplest world wide and the procedure for
purchasing property is based on American and
Canadian precedent but with half the red tape.
Ownership can be verified by means of a simple
check at the Land Registry and title is
guaranteed by the Government, eliminating the
need for title insurance. Title can be taken in a
variety of ways including a corporation which
does not reveal beneficial ownership. There is a
government Stamp Duty fee on registration of
title which is paid by the purchaser.
www.rickscaymanproperties.com [phone]
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Buy Real Estate in The Cayman Islands
Things you should know
For foreign owners a one-time fee of either 6 or
7.5 is paid on the higher of the price or fair
market value of the property, but NOT on
furnishings (chattels) purchased with the
property. Stamp duty along West Bay Road, on the
water in the Seven Mile Beach corridor, and in
the downtown George Town area is charged at 7.5.
In all other areas the rate is 6. Mortgage
financing is available from some local banks
generally between 50 up to about 80 based on
the three "C"s of lending CASH, CREDIT,
COLLATRAL. A minimum of two years tax returns is
usually required to verify income and employment
information. Interest rates vary and are usually
1 to 3 above New York Prime.
www.rickscaymanproperties.com [phone]
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Buy Real Estate in The Cayman Islands
I can assist you every step of the way to making
an informed real estate decision

• Advising on choosing the right property
• Making an offer
• Arranging financing
• Placing your currently owned property on the
  market for sale
• Assisting you in pricing your property
• Marketing your property effectively
• Clinching a deal
• As a member of CIREBA, I have access to all
  listings - no need to call every listing agent
  individually.
• Your time is valuable ? let me do the leg work
  for you!
• Rick is your advisor and problem solver.

www.rickscaymanproperties.com [phone]
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Contact RICKS Today!
Address 1364 West Bay Rd, George Town,
Cayman Islands
Cell [phone]
Phone [phone]
Email rickb.cirealty_at_gmail.com
Website www.rickscaymanproperties.com