In the Cayman Islands, there is no income tax, recurring property tax, corporate tax, capital gains tax or inheritance tax. A one-time stamp duty (land transfer fee) is applicable on real estate sales and is currently 7.5% on the purchase price or value of the property (whichever is higher), made payable to the Cayman Islands Government. Discover the advantages of buying property in the Cayman Islands. When looking at Cayman land for sale, think about what your long-term goals are, what you are looking to build and that will narrow down your options. Land, as with all real estate property here, is guaranteed by the Cayman Islands Government through its Land Registry. The real estate deal can be finalised quite quickly with the correct guidance from a RE/MAX® Sales Associate and all the relevant papers in place. There are 67 real estate listings found in Cayman Islands. You can build when you are ready, or sell the land for a profit when it is convenient or necessary. Why Is a Secretive Billionaire Buying Up the Cayman Islands? Buying in the Cayman Islands The prospect of buying Real Estate may seem daunting, whether you are a local buyer or from overseas, but it doesn't have to be. Browse all listings for Cayman Islands land for sale and learn about the market. 29% fewer Low The government does not tax local and foreign investors. The heir to a foam-cup fortune is believed to own more land than anyone on the storied tax haven of Grand Cayman… The Cayman Islands operates the Torrens system of land registration, which is also in operation in Canada and Australia, and this system is generally considered to be simple and effective. Investors interested in buying land in Cayman Islands and other real estate properties will find a team of professionals available for their services. Land for sale in the Cayman Islands can be an amazing investment. 2020 was an up and down year for land sales, which is to be expected considering the global climate. At the offices of Cayman Island Real Estate, we receive a huge amount of enquiries about the process of buying a property in the Cayman Islands. Purchasing property in the Cayman Islands is a comparatively easy and simple process open to local residents and foreign investors alike. If you’re looking to build your dream home from the ground up, buy land in the Cayman Islands and start that dream TODAY! With no property taxes, owning land in Cayman is a solid and hassle free investment. Get in touch with a Cayman Islands real estate agent who can help you find the home of your dreams in Cayman Islands.. Not ready to buy yet? Cell / Whatsapp 345-926-3430 Buying a property in the Cayman Islands Buying a property can be daunting, especially if you are planning to do so in a foreign country like the Cayman Islands. 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