Adopting a direct approach to property transactions in Cayman - PowerPoint PPT Presentation

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Adopting a direct approach to property transactions in Cayman

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The Cayman Islands Real Estate Brokers Association (CIREBA) is a not-for-profit Association that was set up in 1987 to provide a professional network for the different real estate companies in the Cayman Islands. Today it provides the Multiple Listing System (MLS) and acts as a central source of information for its Members, including the publication of this magazine. To Know more please visit us at : – PowerPoint PPT presentation

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Title: Adopting a direct approach to property transactions in Cayman


1
The Cayman Islands Real Estate Brokers
Association (CIREBA) The Cayman Islands Largest
Real Estate Portal Your direct link to
properties
www.cireba.com cireba_at_candw.ky (345) 949 7099
2
About CIREBA
Welcome
The Cayman Islands Real Estate Brokers
Association (CIREBA) is a not-for-profit
Association that was set up in 1987 to provide a
professional network for the different real
estate companies in the Cayman Islands. Today it
provides the Multiple Listing System (MLS) and
acts as a central source of information for its
Members, including the publication of this
magazine.
www.cireba.com cireba_at_candw.ky (345) 949 7099
3
Buy Invest in Cayman
The Cayman Islands - A Tax Haven
  • How Can The Cayman Islands Be Tax Free?
  • There is absolute freedom from direct taxation
    for full and part time residents in the Cayman
    Islands. With a vibrant economy and diverse
    tourism sector, residents enjoy the highest
    standard of living in the Caribbean. Examples of
    how the Cayman Islands generates revenue are
  • Work permits fees.
  • Financial transaction fees.
  • Stay-over tourism related fees.
  • Import duties.

www.cireba.com cireba_at_candw.ky (345) 949 7099
4
Buy Invest in Cayman
The Cayman Islands - A Tax Haven
  • Cayman Islands are termed tax neutral. For
    example UK or US residences living here must file
    with the revenue departments in their home
    countries, though, it is possible to avoid income
    tax by meeting certain criteria. What all 125
    nationalities currently living on our beautiful
    islands avail of is
  • No property tax
  • No income tax
  • No inheritance Tax.
  • No gift Tax.
  • No corporation Tax
  • Duty Free shopping

www.cireba.com cireba_at_candw.ky (345) 949 7099
5
The Cayman Islands - A Tax Haven
Compare Tax Havens
Many tax free domiciles have no capital gains
tax, inheritance tax, estate tax, gift tax,
withholding tax in place. The Cayman Islands add
no income tax, no corporate tax and no
inheritance tax and most importantly no property
tax. Other havens are seen as incompliant or
not fully tax free. It is one of the top five
offshore centres in the world.
www.cireba.com cireba_at_candw.ky (345) 949 7099
6
The Cayman Islands - A Tax Haven
Tax and Property Ownership
From serious property investors to the first time
homebuyer, there are no ongoing taxes, no
property taxes and no restrictions on foreign
ownership. The title is guaranteed by the
Government via a computerized Land Registry
system. Raw land can be held without planning
indefinitely, another appealing investment
potential.
www.cireba.com cireba_at_candw.ky (345) 949 7099
7
The Cayman Islands - A Tax Haven
Cayman Islands Mortgages and Tax
Secure your funding before your property search
via any of the 15 banks that provide mortgages
services on island. Once basic due diligence is
completed, you will find the process
straightforward. Borrowing here means incurring a
stamp duty of 1 plus a down payment of between 5
40.
www.cireba.com cireba_at_candw.ky (345) 949 7099
8
Contact Us
From the first-time buyer to the well-established
and refined investor, CIREBA is the most
informative source of available real estate in
the Cayman Islands.
THE CAYMAN ISLANDS REAL ESTATE BROKERS
ASSOCIATION Mail Address P.O. Box
1977, Grand Cayman, KY1-1104,
Cayman Islands Phone (345) 949
7099 Fax (345) 949 6819 E-mail
cireba_at_candw.ky Website www.cireba.com
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