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How to approach a professional network for buying Cayman Property PowerPoint Presentation
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How to approach a professional network for buying Cayman Property - PowerPoint PPT Presentation

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How to approach a professional network for buying Cayman Property

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  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@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@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@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@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@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@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@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@candw.ky Website:www.cireba.com