The Cayman Islands are a flourishing offshore financial center. Almost 40,000 companies were registered in Cayman Islands during the year 1997, which included approximately 600 trust companies and banks. A stock exchange was inaugurated in the year 1997. Tourism accounted for 75 percent of foreign exchange earnings and about 70 percent of GDP.
The Cayman Islands provides a wide range of financial products and services, which includes private banking, fund administration, investment management, company formation, commercial banking, maritime registry and supportive services. Presently, in Cayman Island there are no capital gains, non resident tax, income tax, or other taxes in Cayman Island. Cayman Island has sophisticated infrastructure and stable government which makes investment in Cayman Islands possible.
Investment in Miami Real Estate is a good investment in the Cayman Islands. Purchasing Real Estate in Miami is perhaps the biggest personal investment that can be made in Cayman Island. While purchasing in Miami Real Estate Market, you must not let yourself to be cajoled or pushed into making quick decision. Whether it is mutual funds, a business partnership or real estate, investment in Cayman Island is a lucrative endeavor. Growth in tourism and growth in population makes investment in Cayman Islands successful.
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