Why Own in Turks & Caicos?

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The Turks & Caicos Islands offers a unique combination of some of the world's most beautiful waters, a diverse and intimate group of islands and cays, a historically low tax environment, high quality properties and wonderful accessibility from the United States and Canada, as well as one-stop flights from London. An inviting landscape and inviting people define these islands.

INVESTMENT & LIFESTYLE BENEFITS

  • There are no restrictions on foreign property ownership.
  • Title can be held personally or in a local Corporation or Trust.
  • There is no imposed requirement to develop land within a stipulated time. Undeveloped land can be held indefinitely for future use or investment.
  • A Permanent Residency Certificate can be qualified for with a Real Estate Investment under certain parameters.
  • The Turks & Caicos Islands are a British Dependent Territory. This status ensures a stable political environment and trusted legal system.
  • The British Crown guarantees (fee simple) Absolute Title by way of Torrens Land Registration System. Title Insurance is not required.
  • The Turks & Caicos have a modern land registry system, making transfer of title simple and accurate.
  • A Government Planning and Development Authority oversees all building codes and development plans to ensure the highest standards of land use and construction are maintained.
  • The Turks & Caicos public and private sectors have developed an efficient infrastructure including ports, international airport, road systems, schools and utilities.
  • Reliable communication facilities including land based and cellular services, high speed and wireless internet.
  • The United States dollar is the primary currency.
  • Easy commute from major hubs in the US and Canada as well as London, England.
  • No Income Taxes on revenue generated from property.
  • No Capital Gains Tax on property transfers.
  • No Estate or Inheritance Taxes.
  • No Corporate Taxes or Exchange Controls.
  • Indirect taxation comprises customs duties, stamp duty on certain transactions, and departure tax.
  • A one time Stamp Duty charge is payable to the TCI Government on the purchase of your property.
  • Along with Real Estate Development growth the Turks & Caicos Islands have experienced a steady appreciation in property values.
  • Turks & Caicos Tourism has experienced a steady increase over the past decade and is a top destination for travelers with many repeat visitors.

Visitors and owners from the US, Canada and beyond have discovered and coveted our award-winning beaches and island community, with many echoing the sentiment that they have found in the Turks & Caicos Islands a unique and highly accessible blend of compelling lifestyle, homes and properties, services and quality amenities unlike any other island chain in the region.

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