Tag: property tax
Pro-Caymanian motions pass but 2% tax rejected
(CNS): Four private members motions designed to protect local people from a catalog of social problems that have emerged in Cayman over the last two or more decades were steered through parliament last week but MPs voted against a 2% property tax on foreign owners to finance a healthcare fund for children and seniors. The […]
Saunders calls for tax on foreign-owned property
(CNS): Chris Saunders, the independent opposition MP for Bodden Town West, has filed a private member’s motion asking the government to create a Healthcare Protection Fund through an annual fee of 2% on real estate properties owned by foreigners. In a video message on social media, Saunders and UPM backbench MP McKeeva Bush, who is […]
