FAQ

Why should I invest in the TCI?

The lack of taxes on property, capital gains and income; freedom to purchase and hold property; the use of the US dollar; a low crime rate; stable political system; one of the fastest growing tourist destinations in the Caribbean and the steady appreciation in property values during the past decade have all conspired to make the TCI the perfect place to invest. Read more >>

What restrictions exist 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”.

What taxes are payable in the TCI?

The Turks and Caicos Islands is one the world’s most tax-efficient jurisdictions. There are no income, capital gains, gift, or inheritance taxes of any kind. Likewise, there are no exchange controls and no tax treaties with any other jurisdiction.

What are the requirements for residing in the TCI?

To reside in the TCI, you must have one of the following documents issued by the Department of Immigration: Temporary Residence Certificate, Permanent Residence Certificate (PRC), Work Permit.

Can I take up employment in the TCI?

Yes, however, you are required to first have a work permit which your employer may obtain for you. Fees for work permits vary and are renewable annually.

What are the requirements for starting a business in the TCI?

In order to start a business, you must have a business licence and then a work permit.