Here’s how it works: Secure your chosen land with a fully refundable USD$250 reservation fee. This holds the land off the market for 10 days, allowing you time for further research and due diligence. Once you are happy to proceed, the $250 reservation fee will be deducted from your balance, and the remaining amount will…
Property
There are no land or property taxes in the Cayman Islands. Stamp duty is charged at 7.5% of either the purchase price or current market value, whichever is higher, this is decided by the Lands and Survey Department.