New company registrations in Cayman reach a four-year high
Just as for many investment vehicles, demand lies at the heart of investing in land. Residents demand land for housing; tourists demand land for rental accommodation, hotels and amenities; and companies demand land for corporate and commercial real estate. Therefore those looking for land investments in the Cayman Islands will be excited to hear that new company registrations in Cayman have now reached a four-year high, reports Crown World (http://www.crownworld.com/).
The Cayman Islands Company Registry formally registered 993 new companies in April 2012, which was the highest number recorded since July 2008. Over the first four months of 2012, new company registrations were 10.9 per cent higher than during the same period in the previous year. New partnership registrations on the Islands are also up: the first four months of the year saw an increase of 30.4 per cent when compared to the same period last year.
These company registration figures would be encouraging in any country given the current economic climate, but it is highly impressive in a territory as comparatively small as the Cayman Islands. Cayman may be smaller than other countries geographically speaking, but its stature as a global business destination is clearly growing, and with it, the demand for land for corporate development.
This news will be of great interest to those potentially interested in global land investments. An increase in the number of new companies creates the need for land on which to build new headquarters, new branch offices, and accommodation for the influx of new workers. With the number of new company registrations not having been this high for four years, the message is clear: demand for Cayman land for sale is growing. For further information go to the Crown World website at http://www.crownworld.com/.
Processing your request, Please wait....
