Making Yourself at Home

Home to the Turks and Caicos Islands' international airport, Providenciales (PLS) is one of the most sought-after luxury residential and resort destinations in the Caribbean. It offers homeowners an attractive investment environment and lifestyle experience, with easy access to fine dining; top-notch golf, fishing, snorkeling and scuba diving; and several breathtaking beaches, which consistently rank among the world’s most beautiful.

Characteristics of the destination include:

Proximity and Airlift

Providenciales is just a three-hour flight from New York and a 90-minute flight from Miami, with multiple connections from both cities and neighboring Caribbean airports. The airport receives direct flights from Toronto, Montreal, Ottawa, Boston, Philadelphia, Charlotte, Atlanta, Dallas, Houston, Chicago and London (via Antigua), and is served by Air Canada, American Airlines, US Airways, British Airways, Delta, Jet Blue, United and WestJet amongst other carriers.

Stability

The Turks and Caicos Island (TCI) is business-friendly and has a stable government as a British Overseas Territory. Her Majesty’s government-appointed Governor presides over a locally elected government.

Legal Matters

Our legal system is based on English Common Law, providing a safe business environment. Global Canadian banks including Royal Bank of Canada, Scotiabank, and CIBC provide a stable banking environment and reliable lending facilities to local and foreign homebuyers.

Currency & Communication

The US Dollar is the official currency and English is the official language.

High GDP

The TCI has one of the highest GDPs in the region, as well as a very low crime rate.

Low Taxes

There is no land/asset holding tax, thus investors do not carry any on-going tax burden. Furthermore, there is no corporate, capital gains or inheritance tax. The only taxes currently in place are regular import duties on items brought into the country and a one-time Stamp Duty on real estate acquisitions.

Residency

Homeowners at Beach Enclave properties may qualify for Investment Residence Permit.

Modern Healthcare

There is a modern, state-of-art healthcare center in Providenciales (Cheshire Hall Medical Centre). Health services provided at the centers include emergency care, dental, dialysis, internal medicine, surgical, orthopedic, obstetric and endoscopic procedures, physiotherapy and diagnostic imaging.