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Old 9th June 2003 | 08:44
  #144 (permalink)  
Island Boy
 
Joined: Oct 2002
Posts: 66
Likes: 0
From: Cayman Islands
Idunno

There is no personal or corporate income tax, no capital gains tax, no withholding tax, no business tax, no estate tax, no gift tax, no inheritance tax, no death duties, no employment taxes, no sales tax, and no probate fees in the Cayman Islands.

The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world.

Real Estate ownership is Fee Simple and is a model of the British System (only less cumbersome) it's fully guaranteed in perpituity. In a nutshell you can freely assign your property.

Hope this helps and I'm very pleased to answer any more questions you may have
Island Boy is offline