The average residential house price in the Cayman Islands in 2019 was $1,119,412.00 USD. Prices vary greatly depending on location; certain areas of Grand Cayman are much more expensive than other areas. It is important that you talk with a real estate agent in the Cayman Islands to get professional advice.
How do you buy a house in the Cayman Islands?
It is recommended that you work with a real estate agent when buying a property in the Cayman Islands. They can help you get financing from local banks, find relevant lawyers and help with property transfers.
Can I live in the Cayman Islands?
Anyone can live in the Cayman Islands, but they must first have the correct immigration documents/status. If you plan to work in the Cayman Islands, then you can apply for a work permit; if you want to live in the Cayman Islands but not work, then there are other immigration options available.
Are the Cayman Islands safe?
The Cayman Islands are very safe. The crime rate is much lower than the rest of the Caribbean. Many families vacation and move to the Cayman Islands due to its safety.