Turks and Caicos Islands
The Turks and Caicos Islands is an upscale Caribbean destination, with miles of pristine beach, spectacular coral reefs, crystal clear seas and tropical wilderness. The TCI boasts a small but vibrant open economy that operates from a strategic position in the middle of the Caribbean. The Islands' economy depends largely on tourism and the offshore finance industry. As a British Crown Colony, TCI is politically and socially stable. The recent move by the UK government to impart direct rule is viewed as a positive step toward even more stability and opportunity for investment in the islands. At the same time, TCI confidentiality legislation has established one of the world's best protective frameworks for lawful business to be transacted in privacy. The country enjoys year-round sunshine with a prevailing easterly breeze from the Atlantic tradewinds. The temperature on the islands ranges between 65 F in December and 95 F in June. The TCI is the fastest growing travel destination in the Caribbean with average annual growth of 11.3% per annum over the last decade. Arrivals from North America represent 80% of the total, with growth noticed in the European market.