November 27, 2020

House For Sale – a steal at only US$45,760,000 (approx.) – on Grand Cayman

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3621353_1024x1024Sothebys – Cayman Islands, House in Grand Cayma

€30,765,000 (EXCL. VAT)

Description

Now you can have it all: Lifestyle, luxury, location and limited tax liability. Without doubt Castillo Caribe is one of the finest beachfront estate homes in the world offering every luxury for modern day life with all the lifestyle options one would expect from the Cayman Islands. Although the Cayman Islands enjoy year round sunshine and a temperate climate, this benefit is eclipsed in most people’s eyes by the Islands’ offshore status. The Cayman Islands are well known as a financial centre on the world’s stage and provide the highest quality of lifestyle available in a tax neutral environment, making it very appealing to people of high net worth to seek residency here – a position which is actively encouraged by the local government and, as a British Overseas Territory, is a very stable option. There are a number of destinations in the world that are able to offer offshore status to a greater or lesser degree but the Cayman Islands have no local taxes whatsoever: no property tax, no income tax, no capital gains tax and no inheritance tax. Castillo Caribe offers a rare opportunity to combine this with privacy, security, luxury and lifestyle all on a pristine white sandy beach overlooking the crystal clear waters of the Caribbean Sea.

EDITORS NOTE:

The advertisement for the house was found on the website “The Billionaire Shop”. It also came with the following “strange” notice (we kid you not):

Deliveries & Returns

If you wish to return or exchange this product, you will have to contact us to come up with the right solution for you. We kindly ask that you ensure that the item remains unused and is in their original packaging with any labels attached.

For more on this story go to:

http://thebillionaireshop.com/products/cayman-islands-house-in-grand-cayman

 

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