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✎ EN Retirement in Cayman

Temat na forum 'Cayman Islands' rozpoczęty przez Gordon Barlow, Marzec 23, 2012.

  1. Gordon Barlow

    Gordon Barlow Active Member

    Dołączył:
    Marzec 23, 2012
    Posty:
    34
    Polubienia:
    0
    Płeć:
    Mężczyzna
    Miasto:
    George Town
    Kraj:
    Kajmany
    Obywatelstwo:
    Caymanian (KY)
    Język:
    English
    Cayman is not a cheap place to retire, and our government doesn't welcome retirees. Indeed, it puts obstacles in the way of retirement, mainly financial ones. I'm retired, and we live modestly on what my wife earns; but I used to work here, so don't fall under the usual rules for retirees. We ourselves don't operate on a formal financial budget, but our annual expenditure is in the region of US$50,000, not counting vacations. There is no Income Tax or Property Tax. Instead, there is import duty on everything, so prices are quite a bit higher than in the US or Canada.

    I have a blog, registered on this site (I hope!), that contains several short essays relevant to retirement here. Check the archives for likely titles. All my blog postings are directed at residents of Cayman, and are actually a lot more frank and honest than anything else you will read about these Islands and the rules we live under. I'll be glad to answer general questions.
     
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