The Cayman Islands hit a milestone of five consecutive years of growth, government economists announced Friday, with the gross domestic product reaching $2.8 billion in 2015. The Economics and Statistics Office released a number of year-end reports late last week. The ESO reports the economy...
Cayman Islands developer Joe Imparato will design and build a 100-room clubhouse and lodge as part of the Arnold Palmer-branded Ironwood golf resort planned for the eastern districts. Mr. Imparato, an equity partner in the project, has unveiled plans for a luxury hotel and condominiums, similar in...
What’s the best beach in the Caribbean? We asked Caribbean Journal readers, and they voted the spectacular Seven Mile Beach in Grand Cayman, Cayman Islands. Thousands of Caribbean Journal readers chimed in to vote for our Readers’ Choice Award for Best Beach in the Caribbean. Seven Mile Beach,...
Buying waterfront property is a dream for many people and there is certainly no shortage of spectacular beachfront homes for sale in Cayman Islands. However, with this type of purchase there are additional things to consider. Whilst it is true that there are more risks involved in trying to buy...
Buying your first home is one of the biggest financial decisions you will ever make and so it’s important to understand what is involved before you make that step. This brief guide is an overview on what to expect and things to consider when buying your first home in Cayman. Get your Mortgage Pre-...
There are many factors that make the Cayman real estate market a top destination for investing. There is the obvious allure of glorious weather, spectacular beaches, warm and friendly people and the idyllic island lifestyle but on closer inspection Cayman has much more to offer the savvy investor....
Since the Cayman Islands are a tax neutral country, buying a house in Cayman is considered to be quite an attractive proposition. At the same time, the islands are well known around the world for their tourism industry and construction is booming here, giving ample opportunities to buy a house in...
Before we take a closer look at investing in Cayman Islands real estate and how your investment relates to taxes, let’s first look at the history of why the Cayman Islands is a tax free jurisdiction. Legend has it that one stormy night in November 1788, the Cordelia, the lead ship of a convoy of...
Inside every successful business you will find individuals who understand the importance of reflecting their own joy and contentment into their work day and career. Take one look at them as they go about their day and you will perceive them as someone who wholeheartedly loves what they do. It’s no...
The Cayman Islands Department of Tourism traveled north recently, sharing new developments related to both the destination and the organization itself with its Canadian travel partners. PAX sat down with the tourism department’s Oneisha Richards, deputy director of international marketing and...