What is the government’s attitude to property development and overseas investors?
There are no legal restrictions of any kind to foreign ownership of property in the Caymans, which makes it very attractive to overseas investors. The government has also established the Department Commerce and Investment (DCI), the territory’s dedicated promotion agency with a mandate to facilitate and stimulate long-term investments in all sectors of the economy. Premier Mckeeva Bush has publically demonstrated his support to encouraging foreign investment.