I would consider myself to be an avid real estate investor.  I am always looking at investment properties and new areas to invest some of my money.  This week while on my search, I did manage to come across a promissing area I had never considered before: the Cayman Islands.

Now, you might ask me why I would want to invest my money there.  It is simple really: I can get a very good cash-on-cash return on my investment.  It is not uncommon for someone owning Cayman condo rental properties to earn in excess of 30% return on their investment annually.  If you really want to increase your return dramatically, you can rent out the condos on a weekly basis as opposed to a monthly basis and get more than a 50% return on your investment each year.  Now, tell me if your mutual fund or stock you are invested in can do that?  

The Cayman Island real estate market is very hot right now.  But the prices are not too high for a new investor to get into the market.  I looked up a realtor in the Cayman Island Business Directory and learned that you can get into the market for less than $200,000 US.  A condo at this price can rent for as little as $2500 per month or $1200 per week depending on how you rent the condo.  That is definitely higher than I can rent out a condo out in my home country.

Next time you are considering purchasing some investment properties, set your sites on the Cayman Islands.  Low investment, no tax, and excellent return on your investment.