Family offices and high net worth individuals seeking opportunities to establish a presence in a safe and stable jurisdiction with a solid economic base and a positive outlook for future growth and investment should consider the Cayman Islands.
The Cayman Islands is a tax-neutral British Overseas Territory and one of the world’s largest financial services centres. There are no corporate, income, capital gains, inheritance, property or sales taxes in the jurisdiction, and no restrictions on foreign ownership of property.
Located 475 miles southwest of Miami, Florida, this English speaking jurisdiction is easily accessible from the United States and can also be reached via nonstop flights from London Heathrow.
Well-regarded for its stable government and sound judiciary, the Cayman Islands also appeals to family offices and high net worth individuals due to its modern infrastructure, excellent health care and education facilities, high standard of living and low population density.
The Dart Family Office was established in the Cayman Islands as a result of these attributes. One of over 25 family offices located on Grand Cayman, the company’s real estate division – Dart Real Estate – has invested over USD $1.5 billion in the local economy. Representatives from the Dart Family Office, Dart Real Estate, and the Cayman islands Government’s Ministry of International Trade, Investment, Aviation and Maritime Affairs will host an informative session on why the Cayman islands is well suited to family offices and high net worth individuals seeking to establish permanent residency through investment.
Date: Thursday, July 9, 2020, 10:00 (CNT)
Venue: Tencent Conference Room
10:00-10:05 Welcome Note
10:05-10:10 An overview of the Cayman Islands
10:10-10:20 COVID-19 containment and economic recovery
10:20-10:35 Family offices in the Cayman Islands and the roles of succession planning
10:35-10:50 Residency by investment in the Cayman Islands
10:50-11:05 Relocation assistance for family offices and high net worth individuals