Short term rentals: approach with caution
A cursory glance at a new market whereby owners can supplement their income with one of the most popular short-term rental websites (Airbnb.com), is showing more than 300 places in…
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Cayman’s real estate market: Is there a tipping point?
It is no surprise to anyone that the real estate market in the Cayman Islands has been booming now for several years. Prices continue to rise in nearly all market…
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Follow up to the iconic tower discussion
Further to my article published in July on the pros and cons of the prospect of an iconic tower to be built on Grand Cayman, I felt the need to…
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Pros and cons of an iconic tower for Cayman
I know I promised an article on volumetrics this month, but following recent discussions on Dart’s proposal to build a skyscraper tower, I thought I would look at this subject…
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Cayman-sponsored driver wins British F3 race
Josh Mason, who spent much of his childhood in the Cayman Islands, won his first race of the year in his RE/MAX Bovell Team-sponsored F3 race car at the second…
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Changes in Stamp Duty – what it means for buyers
By the end of this year the Government will close the loophole in the law that allows buyers to only pay Stamp Duty on the cost of the land on…
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Economic substance rules can be great for Cayman
In March the Cayman Islands avoided being placed on the European Union’s blacklist of countries which are, what they term, uncooperative when it comes to their tax practices; however, we…
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Cayman already geared up to take on board new economic substance rules
The issue of economic substance is not a new one for the Cayman Islands, as the subject was much talked about some years ago and this was a motivating factor…
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Issues with GT revitalisation
The recent RICS Cayman Property and Construction Conference had some interesting points for discussion, especially the plans to revitalise the centre of George Town, to which I would like to…
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The grass is not always greener…
At the moment real estate agents find themselves in a bizarre situation: we are missing inventory on Seven Mile Beach. There is hardly any inventory to be sold; in fact,…
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