Buying: Deciding to Buy a Property

Reasons to purchase property in the Turks & Caicos Islands

• English Speaking
  The official language of the Turks and Caicos Islands is English.

• US Currency
  With the US dollar the main currency, foreigners can invest in Turks and Caicos and harness the buying power that comes with this.

• Stable Government
  Politics of the Turks and Caicos Islands takes place in a framework of a parliamentary representative democratic dependency, whereby as of August 9, 2006 the Premier is the head of government, and of a multi-party system. The islands are an internally self-governing overseas territory of the United Kingdom. The United Nations Committee on Decolonization includes the Turks and Caicos Islands on the United Nations list of non-self-governing territories. Executive power is exercised by the government. Legislative power is vested in both the government and the Legislative Council.

• Tax Free Jurisdiction
  One of the best aspects of real estate ownership in the Turks and Caicos is that there is no income tax, no annual property tax, and no capital gains tax.

• Safe
  Very Low Crime Rate and an extremely high crime solve rate.

• Clean Title
  Strong Land Registry system. Local TCI lawyers ensure Freehold Title is transferred and protected by the British Crown.

• Easy Access
  Offering twice-weekly flights from the UK and over 150 weekly flights to and from US and Canadian cities. (Most within 3 hours or less)

• Island Lifestyle
  Nestled in the Atlantic Ocean, the Turks and Caicos Islands offer an idyllic lifestyle for many expats. With crystal clear waters, tropical climate, and a unique culture, the islands often top the list of desirable relocation destinations.

• Beauty
  Crystalline turquoise waters and white sand beaches are trademarks of the over forty islands and cays that make up the Beautiful by Nature Turks and Caicos Islands. Considered the World’s best kept secret and Grace Bay Beach frequently named the number 1 beach in the World.

• Amazing People
  The Turks and Caicos natives are called “Belongers” or “Turks and Caicos Islanders.” The people here – both Expats and Belongers are relaxed and friendly and generally operate on “island time,” resulting in a low-key, slow-paced environment.