INTRODUCTION TO THE TURKS & CAICOS ISLANDS
The Turks and Caicos Islands (“TCI”) is a British Dependent Territory located immediately to the south east of the Bahamas and north of the Dominican Republic, approximately 600 miles from Miami, Florida. Six of the Islands are inhabited. The most populous island is Providenciales, which is also the main commercial and tourist centre. The island of Grand Turk is the nation’s capital and the seat of local Government.
TCI has many advantages both as a centre and as a conduit for international investments:
- No income tax
- No capital gains taxes
- No gift, withholding or inheritance taxes
- No exchange control restrictions
- The currency is the US Dollar
- State-of-the art international telecommunications
- Political / economic stability of a British Dependent Territory
- Strong tradition of banking and professional confidentiality
- Same time-zone as the eastern US
- Direct international flights from Canada, US and Caribbean
- Legal system based on UK Common Law
- Innovative offshore financial legislation and products
- Strong Government incentives for local investment
- Same day offshore company incorporation
- Favorable immigration policies for affluent investors
- Serviced by major international banks, private banks and trust companies
TCI’s main industries are tourism, offshore finance and fishing. A tropical climate, cooled by constant trade winds, makes the Islands an attractive place to visit: crystal clear waters, unparalleled diving, a championship golf course and luxury accommodations are enjoyed by all who visit TCI’s shores.
Get in touch with us to discuss your next step into our Beautiful By Nature Turks and Caicos Islands.