Bovell REMAX Cayman Islands

Insights & Expertise

Unprecedented growth on Seven Mile Beach in the Cayman Islands

September 30, 2020

Unprecedented growth on Seven Mile Beach in the Cayman Islands

I don’t believe that we have ever seen as many cranes along the Seven Mile Beach corridor as we have currently, and those numbers are only set to increase by the end of this year. Such large construction equipment is a telling and obvious sign of the huge number of developments currently taking shape along […]

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Impact made on Cayman by digital nomads

September 17, 2020

Impact made on Cayman by digital nomads

The Global Citizen programme, which the Cayman Islands Government anticipates will attract so-called ‘digital nomads’ to our shores, looks as if it will come into effect soon, with only small tweaks to existing legislation needed to have fully up and running once our borders are open again on 1st October of this year. These individuals […]

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September 11, 2020

Phased border opening

An informative press conference, held on September 9, 2020, by the Chief Medical Officer Dr John Lee, Premier Alden McLaughlin, Governor Martyn Roper, Commerce Minister Joey Hew and Health Minister Dwayne Seymour, gave us insights as to how we will be welcoming visitors to our shores again very soon. Here are some highlights from the […]

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New way of working means more choices in real estate

September 3, 2020

New way of working means more choices in real estate

The coronavirus has had a massive impact on the way in which we live and work, restricting many to working from home for quite a few months during the lockdown. But the restrictions imposed in lockdown have born an interesting and positive phenomenon: a new way of working which has the potential to have a […]

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Today’s Real Estate Market in the Cayman Islands

August 21, 2020

Today’s Real Estate Market in the Cayman Islands

During my first webinar a few weeks ago (click to request the webinar link), I provided an overview of the Cayman real estate market. Where we were, how COVID-19 affected our industry and where we are heading in the future. Please keep in mind that all of this information is from the webinar (click to […]

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August 9, 2020

IMPORTANT UPDATE: Cayman’s border closing extended to October 1

The Cayman Islands Government announced late yesterday, after my article was published, to extend Cayman’s border closures to October 1 citing the continuing spread of COVID-19, particularly in the United States. The border closing for an additional 30 days will be reassessed as we get closer to October 1. While obviously this can be disappointing […]

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Soft opening of borders will help real estate industry

August 6, 2020

Soft opening of borders will help real estate industry

As you may be aware, the Cayman Islands’ borders have been closed to visitors, from a general aviation perspective, since March, in the jurisdiction’s quest to prevent the spread of Covid-19 within the Islands. This strict approach has meant Cayman has had very few cases and eventually has led to us becoming COVID-free for the […]

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Pension can ease mortgage pressure

July 22, 2020

Pension can ease mortgage pressure

Pension withdrawals under the Government’s coronavirus emergency withdrawal plan have the potential to greatly contribute to the real estate industry, and thereby the economy as a whole if they are invested wisely. They also have the potential to ease one of the biggest financial burdens an individual will face during their lifetime: the cost of […]

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Here's why Cayman Islands Real Estate is Even More Attractive Since COVID-19

June 11, 2020

Here’s why Cayman Real Estate is Even More Attractive Since COVID-19

For many years the Cayman Islands has attracted high net worth individuals (HNWIs) and ultra-high net worth individuals (UHNWIs) from all over the world to our shores, as a place where they can enjoy the fantastic benefits of a primary, second or perhaps third home. Cayman’s sophisticated infrastructure, its proximity to the United States, its […]

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