Grand Cayman is the largest of the three islands, spanning approximately 101 square miles (260 km2). It is approximately 22 miles (35.5 km) long with an average width of 4 miles (6.4 km), and is just an hour away from the USA. Direct flights to the Cayman Islands Owen Roberts International Airport are also available from the UK. One of the many attractions on Grand Cayman is the world-famous seven-mile beach. With soft white sand stretching as far as the naked eye can see, it is considered by many to be the most beautiful beach in the Caribbean.
On Grand Cayman there are plenty of different activities to enjoy — whether you prefer to simply relax and watch the waves roll in, or take your vacation up a notch and parasail over the crystal-blue waters. There is an abundance of watersports operators, hotels and beachside restaurants, so you’ll never be at a loss for what to do. Grand Cayman is also home to the capital Georgetown, which lays claim to some of the finest culinary and tax-free shopping experiences available in the entire Caribbean. But that’s not all; this idyllic island has a host of fun and educational activities to suit any age or aspiration, ranging from touring historical buildings to exploring exotic gardens, kayaking and sailing.
It’s hard to believe an island so small can offer so much, here what to expect in 2015 for Grand Cayman.
Dr Shetty Health City.
After much anticipation Grand Cayman opened its doors to the first phase of the Dr. Shetty Health City, once completed the Health City will bring a 2,000 bed hospital, hotel, medical university and much more to the islands. It is expected the Health City will add a 3rd economy pillar to the British Overseas Country.
The Health City which is being developed in the East End of Grand Cayman has already taken the medical world by storm being voted the top investment to watch out for in 2015. Source: www.caribbean360.com January 15th 2015.
The hospital itself envisions state-of-the-art modern health care, the very best service at an affordable price. Aiming to be one of the 1st paperless hospitals, and with equipment so modern it makes the Health City one of the most advanced hospitals in the world. Oasis Land Development’s CEO was invited on a private tour of the hospital whilst it was under construction and was astounded by the detail and care the hospital is set to provide not only to the island, but globally.
Driven by one of the top heart surgeons in the world Dr. Devi Prassed Shetty who proudly cut the rope in 2014 the Health City is already celebrating its first anniversary.
CEC – Cayman Enterprise City
Another award winning development on Grand Cayman is the Special Economic Zone known as Cayman Enterprise City. This development is created for knowledge-based industries who are looking to take advantage of a tax-exempt environment.
Setting up a company in a tax-neutral zone sounds quite scary, with the constant media scrutiny which is attached to owning a business in a tax-free zone CEC have made it simple and possible to benefit from an offshore company.
How? With physical presence on the islands CEC enables companies from around the globe to set-up local offices within CEC with staff on the ground, this allows the company to have a genuine offshore business.
Benefits of owning a business within CEC include – no visa restrictions, intellectual property, access to global markets, 100% exempt from corporate tax, capital gains tax, sales tax, income tax, import duties, 5 year visa granted in 5 days, IP owned offshore.
Based on Media City in Dubai, the CEC, once developed is set to bring the same glamour as the famous UAE state with CEC developers investing US$365,000,000 in the project. Source of Information www.caymanenterprisecity.com
Camana Bay – Grand Cayman
Anyone who has traveled to the Cayman Islands most probably visited Camana Bay, owned by island developer Kenneth Dart the 500 acre development is set to invest hundreds of millions of US Dollars, the last plans to be submitted in 2013 where US$300 Million alone.
Camana Bay is home to everything you would need including office and retail space, an array of shops, world cuisine restaurants, a cinema, Apple shop, gymnasium, offices, water sports and Camana Bay even has one of the islands most popular schools.
The Cayman Islands International School Camana Bay
The Cayman Islands has it all, top law schools, music schools, top sports teams,public and private schools including an International School, with a reputation of providing one of the highest levels of education in the world.
With students from over 20 countries, the school is dedicated to offering the highest standard of learning, with small class sizes and highly qualified teachers students of all ages from early childhood to college are encouraged to grow and develop to their fullest potential.
- Their world class and state of the art facilities include:
- Well resourced classrooms
- A well equipped Technology Lab
- Interactive Smartboards
- 2 Science labs
- 2 Music Labs
- Art room with kiln
- 2 Tennis Courts
- 2 Basketball Courts
- 25 meter Swimming Pool
- Regulation Soccer Pitch
- Arts and Recreation Centre
Owen Roberts International Airport Expansion
As published in our recent Oasis Property Blog with the rise in both tourism and population it is welcoming news that the Airport expansion is well underway on Grand Cayman. The redesign of the airport will double the facility, although the runway will not be extended it will be reinforced to allow Boeing 777 and other jets of this class to land. Source: www.airport-technology.com 15th January 2015.
$60 Million Road Project Grand Cayman
Financing is now in place for a $60 Million Road construction connecting the East and the West ends of Grand Cayman. Source: www.caribjournal.com 17th November 2014.
Investing in the Cayman Islands has never been easier with Oasis’s 0% interest free purchase plan. To view Oasis’s current property portfolio contact us today.