Why invest in Turks and Caicos

Investment Benefits:

• No Property Taxes
• No Income Taxes on revenue generated from property
• No Capital Gains Tax on property transfers
• No Estate Taxes
• No Inheritance Taxes
• No Corporate Taxes
• No Exchange Controls
• Indirect taxation comprises customs duties, stamp duty on certain transactions, and departure tax.
• The United States dollar is the primary currency.
• The Turks & Caicos Islands are an off-shore Finance Center – with Banking Confidentiality.
• The Turks & Caicos Islands are a British Dependent Territory. This status ensures a stable political and trusted legal system.
• The Crown guarantees (fee simple) Absolute Title. Title Insurance is unnecessary.
• A one time Stamp Duty charge of (9.75%) is required on the purchase of property.Temporary reduction to 6%
• No government consents are required in registering title and there is no restriction on foreign property ownership.
• Title can be held personally, or confidentially, in a local Corporation or Trust. A Permanent Residency Certificate can be achieved with a Real Estate Investment of $500,000.
• 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.
• Along with Real Estate Development growth the Turks & Caicos Islands have experienced a significant appreciation in property values during the past decade.