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Emigrating to the Cayman Islands: Should I sell my property?

The Cayman Islands – the place to be.

There are many different accompanying decisions and things we need to handle when a relocation awaits. Of course, although every experience is unique, some things are typical and universal for every relocation. Emigrating to the Cayman Islands is something many people dream of. However, it comes with a set of challenges. One of the most important things you’ll need to think about before your move is whether you should sell your property or wait until the time is right.

Emigrating to the Cayman Islands is the thing to do

The Cayman Islands are undoubtedly one of the best spots to go to, no matter if you want to unwind and relax or relocate and create a new life for yourself. Many things make them unique. However, these are some of the best:

  • Beaches

Its mesmerizing beaches are considered some of the most beautiful in the world. Seven Mile Beach, in particular, is said to be one the best around, and it’s usually on every traveler’s must-see list. 

  • Weather

Since its temperature averages around 30°C, you’ll have the perfect sunny weather to enjoy all the beaches that surround you. Even during the colder months of January and February, the temperature rarely falls beneath 25°C. 

  • Nature

Since it genuinely has mesmerizing nature all around, the Cayman Islands have many activities that revolve around it. You can go bird watching or go for a guided hike through the Mastic Trail. One thing’s for sure; you’ll never get bored. 

  • Food

The Cayman Islands are the capital of cuisine in all of the Caribbean. You’ll get to try all your favorite dishes but with a different, seafood-based take. All the ingredients are as fresh as they can be. 

A sunny beach on the Cayman Islands.

The Cayman Islands real estate market

If you decide that emigrating to the Cayman Islands is the right move, a determining factor in whether you should sell your property is whether you’ll buy a new one. Real estate prices in the Cayman Islands are soaring right now, so it might not be the best time for a purchase. However, you can look at this from another point of view and decide to invest in a booming market that’ll be fruitful in the future.

Think about the best option for your budget

Aside from all the facts that’ll help you decide whether you should sell your property before moving or not, your particular case is also a critical factor. What is your current budget like? Can you afford to start your life in the Cayman Islands without selling first? These are only some of the many questions you should ask yourself before making any decisions. 

Pros of selling your house before relocating

If you’re on the fence about whether selling your property before your emigration to the Cayman Islands is the right move, here are some of the good sides you’d experience.

  • Your budget will be much higher

Since relocation isn’t cheap, you’ll need to have a substantial budget, especially if you’re moving from afar. Selling your home in advance will help you with that.

  • There’ll be no pressure

You won’t experience as much pressure once you relocate as you would if you had a property to take care of.

  • No loose ends

If you sell your property, you won’t have to go back and forth to deal with the home sale once you emigrate to the Cayman Islands.

Organize your move thoroughly

Make sure to organize your relocation to a tee. Create a timetable of all your upcoming obligations so that you’re able to keep up. If you’re a complete rookie and you’ve never moved, get advice from a reliable source on approaching this venture.

A wing of an airplane relocating people to the Cayman Islands.

Hire reliable movers

Hiring a reliable moving company will facilitate your move to the Cayman Islands. But only if you choose wisely. According to, your relocation will be as successful as your movers are. 

Things you need to do before moving

Aside from selling your old property, there are some other things you should do before moving house and emigrating to the Cayman Islands. 

  • Obtain a CEC work visa

If you’d like to start your own business in the future and be an independent business owner, make sure to get a CEC work visa. 

  • Get acquainted with the tax laws

Working tax-free is nothing short of a dream if you’re an entrepreneur. Well, if you emigrate to the Cayman Islands, your dreams can become a reality. 

  • Get residency by investing

If you invest in real estate in the islands, you might be able to get residency. Look into it, and don’t miss out on a potentially great opportunity. 

A plant that’s growing out of coins.

Long-term storage is imperative

Especially if you’re relocating long-distance, make sure to store all your belongings in long-term storage. However, to avoid making any mistakes, you need to follow some ground rules. Find a unit that’s the right size, store only the allowed items, and get insurance for your belongings.

Don’t do anything you’re not ready for

Even though moving to the Cayman Islands is a dream come true for many people, you should take your time with that decision. Don’t do anything that you’re not ready for. Research everything you’re interested in, learn what the move implies, and make an informed decision. 

Final words

Whether or not you should sell your property before emigrating to the Cayman Islands is entirely up to you. However, if you’re confident about your decision to move, all signs point to it being a great idea. No matter which way you look at it, selling is the right choice if you approach the issue rationally. 

Meta: If you’re emigrating to the Cayman Islands, all that’s left to do is decide whether selling your property is the right choice. Here’s some advice.



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