Mundo's country rating is essentially a freedom index whereby our team of specialists rates a combination of freedoms, which include freedom from violence and personal attacks, financial freedom from high taxes, business freedom from government interference, and especially from socialism and communism.
Mundo's Country Freedom Rating (out of 10)
Political stability: 10
One of the most essential aspects you should know in-depth about any country you are going to do business in is how high its level of political stability is. It is no use for a jurisdiction to have favorable laws if there is a danger that a statist government will come in and ruin the whole picture.
The Cayman Islands are fortunate to be a British overseas territory, which means that their political system is inherited from the British crown. In plain English, political instability is not a thing in this jurisdiction. The Cayman Islands' political stability is one of the main reasons this territory is the destination par excellence for asset protection strategies of investors and high net worth individuals from all over the world.
Unlike other jurisdictions, the Cayman Islands' pro-business stance is not a hasty decision to remain competitive. This jurisdiction virtually carries the spirit of pro-business in its culture, having been one of the world's premier financial centers for decades.
The Cayman Islands are known for their level of financial security, favorable tax system, and common law legal system. All these factors combine to produce one of the most favorable legal frameworks in the world for doing business and building world-class asset protection structures.
Personal safety: 10
The Cayman Islands are one of the safest jurisdictions in the entire Caribbean. The violent crime rate is virtually non-existent, and crime has been steadily declining since 2006.
It doesn't matter if you decide to settle in Grand Cayman, Little Cayman, or Cayman Brac; you will still be able to walk the streets at all times. The biggest concerns are with pickpockets who take advantage of the confused crowds. Still, you can avoid all of that by walking carefully in crowded areas.
There is also no need to worry about police harassment or political persecution in this country. The institutions do their job to ensure that Cayman Islanders enjoy one of the highest personal safety rates in the entire region.
Lifestyle: 10
One thing that is not much in the news about the Cayman Islands is the human quality and hospitality of the island's residents, who are a mix of natives and expatriates from all over the world. The Cayman Islands people have a particular way of making anyone feel welcome.
The flow of tourists comes mostly from the United States, so it is common to encounter a very relaxed and easy-going traveler type. Here is common for restaurants to let their wealthy diners in with linen shirts and pants. This island is definitely for living slower.
The cultural offerings have something for everyone, and the gastronomy on the Cayman Islands is incredible. You could spend the whole day trying different preparations of ceviche; or spend an incomparable moment trying the island's lobster pasta for the first time.
In addition to the endless cultural offerings, the warm people, and natural endowments of the islands, another thing that defines the Cayman Islands' lifestyle is its developed infrastructure. Here you will not lack anything.
Tax optimization: 10
This jurisdiction has a zero rate of corporate tax. The same applies to income tax, capital gains tax, and real estate tax for entities. The absence of direct taxes prevails here.
The Cayman Islands are the world's most popular international financial center for establishing funds, acquiring financial licenses, and setting up asset protection structures mainly due to its tax system.
Investment potential: 10
When it comes to investment opportunities, the Cayman Islands makes a fool of the other jurisdictions in the region. This is because Caymans already has a fully defined infrastructure and economic sectors, allowing you to invest in areas that go beyond services, tourism, or real estate.
Of course, the sectors with the most significant amount of business opportunities are tourism and financial services. You can still find alternatives in manufacturing, agriculture, import and handling of construction machinery, commercial consulting, contracting services for companies, or transportation and logistics.
TOTAL: 50 out of 50
$170,000
$2,500,000
$350,000
$1,400,000
$395,000
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