Cayman Castle in East End, Grand Cayman - Encircle Photos

26 Cayman Castle in East End, Grand Cayman

This splendid mansion on 1.75 acres along 450 feet of shoreline is appropriately called the Cayman Castle. Together with the guest house, it has 7,750 square feet of luxury. The estate can be rented for a vacation or purchased. In addition to an awesome view, the island offers a tax haven for the wealthy. There is no property, income, capital gains or inheritance taxes. Legend has it this tax neutral status was earned when ten ships including the HMS Convert were wrecked on a reef in 1794 near this shoreline. One of the rescued passengers was a member of the British Royal family. In appreciation, King George III promised permanent freedom from taxes. The story is false but the tax savings are very real.

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Cayman Castle in East End, Grand Cayman

Austin Conolly Dr & Gun Bluff Dr Gun Bay, Cayman Islands

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