Purchasing Property in Turks & Caicos

  • No restrictions on foreign property ownership
  • No current property taxes
  • No current income taxes for revenue generated by property ownership
  • No current capital gains taxes for property transfers
  • One time transfer tax at time of purchase (3% in South Caicos)
  • Stable environment (British territory, stable political system and trusted legal system)
  • British Crown guarantees Absolute Title through a land registration process, making title insurance unnecessary
  • The Government Planning and Development Authority oversees all building codes and development plans to ensure the highest standards of land use and construction