The post on Buying Property Overseas looked at the attractiveness of land abroad as an investment. It was found that buying property abroad can indeed be an excellent investment option provided you select the location after looking at the prospects for land value appreciation there. It was also mentioned that a due diligence exercise is also required to ensure that your investment will indeed be safe.

In this post we examine the desirability of buying land in the Cayman Islands, particularly the Grand Cayman Island.

Cayman Islands consist of three main islands – Grand Cayman, Cayman Brac and Little Cayman. The Cayman is British Overseas Territory in the Caribbean and all the three islands offer great Caribbean environments in the forms of splendid white beaches and a sunny tropical climate. Additionally, each of the islands offers its own unique attractions.

Grand Cayman is the most developed of the islands with all modern amenities. The famed Seven Mile Beach on its western coast is home to luxury hotels, resorts and homes. The North Sound, a 35 square-mile, reef-protected lagoon is another major tourist attraction.

George Town, capital of the Cayman, is located on Grand Cayman and it offers a great shopping experience. The Robert Owen International Airport near George Town has regular flights to major destinations in the USA and to London Heathrow. There are also several flights daily to the sister islands of Cayman Brac and Little Cayman.

George Town accommodates several hundreds of bank offices, including UBS and Merrill Lynch offices. Cayman is the world’s fifth largest financial centre in addition t being a top tourist destination. The high net worth employees of the banks is a source of demand for land and villas.

Political stability, rule of law and an excellent system of land records maintenance, as well as one of the highest standards of living in the world, make Grand Cayman an excellent location for investors seeking to invest in land abroad.

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