Globe Trotting: Five Megamansions in the Caribbean’s Most Famous Tax Haven
August 25th, 2011The Cayman Islands have been a tax haven since the days of Weekend at Bernie’s and the original Wall Street. The curious thing is that once the tax dodgers are done with the dodging they go and splash out on an extravagant island getaway. We don’t even want to know what kind of tax savings are necessary to justify the purchase of this $60M beachfront behemoth, called Castillo Caribe. The 48,000-square-foot mega-mansion fronts on a spectacular white sand beach and boasts cavernous interior spaces that make this place seem more like a private resort than a home, for better or worse.
I look forward to furthering our efforts as a team to target and deliver world-class hybrid air vehicle solutions for key federal programs and government customers.