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Blog about Cayman Islands Real Estate- Coldwell Banker Cayman Islands Realty

The Cayman Island's Economy

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USD to KYD Exchange Value: 0.82
USD To GBP: 0.76214
USD To CAD: 1.27998
USD To CNH: 6.3209

With no direct taxation, the islands are a thriving offshore financial center. More than 68,000 companies were registered in the Cayman Islands as of 2003, including almost 500 banks, 800 insurers, and 5,000 mutual funds. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 2.1 million in 2003, with about half from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world. 

This was taken from the CIAs website to learn more facts about The Cayman Islands click here 

Testimonials

Lerna provided the best experience when I sold my property and also when I rented my apartment. She is highly efficient and very professional. She found a buyer in no time at all. She really cared that I found a suitable tenant and went above and beyond to ensure a smooth process in both transactions. She also followed up to make certain that the tenants were comfortable. I thank our mutual friend for recommending her. If you’re looking for an experienced, top notch realtor, I would unreservedly recommend Lerna for your real estate needs.
Winsome
Testimonial for Lerna Phillips
We are in the US and reached out to Florence through a google search to purchase property on Grand Cayman “site unseen” and having never visited the area. She provided excellent ideas and suggestions and within a few months we had closed on our new Grand Cayman property. You could not ask for a more diligent and attentive sales agent. We were in constant contact by e-mail and telephone and Florence was highly responsive and a true partner in our search. We highly recommend her!
Anonymous
Testimonial for Florence McGrath
Our experience with Quatro was just great. Quatro has a natural ability to make you feel safe in his hands. His judgement and advice was spot on! Thank you Quatro, you've made such an amazing impact on our lives!
Anonymous
Testimonial for Quatro Hatch
If you need a thoughtful, honest and hardworking Realtor, EJ is who you should call. EJ is an excellent communicator and was always able to provide answers to our questions/concerns. She definitely has the experience, knowledge, and personal skills in managing real estate sales and investments.
Joan Fitterling
Testimonial for EJ Bodden
EJ, thank you for your service regarding my property listings. I am impressed with the manner in which you treat me as a client. It leaves me with the feeling that you have my best interest at heart. In addition, I am confident that you provide sound advice based on trends that Coldwell Banker gleans from the current market.
Bette J
Testimonial for EJ Bodden