Are the cayman islands end game? Can you really daytrade there with zero tax? It sounds too good to be true.
bumping for interest
Pretty sure you have to be born there or have a shit ton of money (1 million in a trust) to do anything cool.
>>1453603
>>1453734
No you don't, it's about 50 000 usd to open a Cayman IBC
You can just buy a shelf corporation and trade through it
No capital gains tax on your trades
Getting that money back into USA or wherever to spend it is the tricky part, that's evasion.
If you own land in Cayman and vacation there and trade stocks in a Cayman account and spend the money there on yachts or whatever it's just tax avoidance which is a okay