About the Turks and Caicos Islands

We are pleased to provide the following information regarding land and property, residence and employment, transportation and various other important aspects of life in the Turks and Caicos Islands. Please contact us if you require further information.

PRESS RELEASE
An Announcement From The Ministry Of Natural Resource, Fisheries & TheEnvironment.

Effective immediately the general public is hereby advised that the Government has reintroduced the economic stimulus programme as it regards stamp duty on all land transactions and Belonger discount of Crown Land.

Stamp duty on ALL land transactions is now reduced to 6% on Providenciales and 3% in the rest of the TCI until March 31, 2009.

Further, the current 10% discount applicable to leases or offers of crown land where the option of freehold is taken up before March 31, 2009 will be increased to 25%.

The Ministry of Natural Resources is therefore encouraging the public to capitalize on this one time offer.

TURKS AND CAICOS ISLANDS RELOCATION INFORMATION

Country Highlights

• Only 575 miles southeast of Miami, just south of The Bahamas
• Estimated population of Turks & Caicos Islands is around 20,000 people, made up of 6000 TCI'ers, 8000 Haitians, 3000 Canadians, 2000 Americans.
• Eastern standard time, observing Daylight Savings Time
• British Crown Colony with English Common Law
• Excellent banking, trust, legal and accounting services
• Pleasant year round temperature for outdoor leisure activities
• Low of 65 degrees to high 95 degrees Fahrenheit with steady cooling tradewinds
• 18 hole golf course by Karl Litton. Ranked in the Caribbean top 10
• Great recreational fishing, - deep sea, bottom fishing and shore casting
• Dazzling stretches of white sand beaches and coral reefs surround the islands
• Scuba instruction available includes PADI and NAUI

Turks & Caicos Islands are South of the Bahama chain and North of the Dominican Republic.

Requirements for owning property

There are no regulations restricting foreign ownership of land. Anyone may purchase land for which the Government Land Registry will issue a "Certificate of Title". There are no property taxes, but a Stamp Duty is payable. For detailed information concerning the legal aspects of owning property in the Turks and Caicos Islands, contact ERA Turks and Caicos.

Currency

The official currency of the Turks and Caicos Islands is the United States Dollar and there are no exchange controls.

Electricity and Property Insurance
Electrical supply voltage is 110. For property insurance contact ERA Turks and Caicos.

Immigration regulations

Various classes of residency are available for property owners. Contact ERA Turks and Caicos.

Transport to and within the islands

There are daily scheduled services to the Turks and Caicos islands from North America and weekly from Europe. Travel between the islands is typically by air via daily scheduled flights and charter services. Travel between the islands by boat is also possible.

• Two flights daily from Miami on American Airlines (80 minutes)
• Scheduled direct service on US Airways from Charlotte, North Carolina
• Weekend service on American Airlines from New York and Boston
• Weekly flights from London,England on British Airways and Atlanta, Georgia on Delta
• Regular charter flights from Toronto, Boston and other major centers

Associated Companies

Through our associated law firm we are able to assist clients seeking help with purchases, titles, immigration procedures, trusts and company formations. Please contact ERA Turks and Caicos.

TURKS AND CAICOS ISLANDS MAPS

Providenciales
Grand Turk
North Caicos
Middle Caicos
South Caicos
Salt Cay

TURKS AND CAICOS ISLANDS INFORMATION LINKS

The Claymore Group
TCInvest
Market Place Villas
ERA National Site
Turks & Caicos Tourist Board
Turks & Caicos Information Gateway
Times of the Islands Magazine
IGA Supermarket
Radio Turks and Caicos

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