
The natural beauty of Turks and Caicos, with its year round perfect climate, has attracted numerous astute homebuyers seeking a Caribbean paradise in which to vacation, or for retirement. The attractiveness of Turks and Caicos is bolstered by the high standard of living, the stable U.S. dollar-based currency, the political stability of a British Protectorate and a welcoming populace.
In Turks and Caicos, the real estate market is open to everyone, regardless of nationality. And there is no property tax or cost of holding land. There is no capital gains or other tax on the sale of property, so you realize the full sales potential. Your title is further guaranteed by the British Crown and insured with the Land Registry.
The Strata Title Registration Ordinance provides for freehold title in a condominium development. Unlike in many other Caribbean nations, development has been controlled by an intelligent plan and through building codes that are similar to those in South Florida. As a well-established offshore financial center, Turks and Caicos international accounting and banking firms, as well as legal experts are at your disposal. And all information is held in strict confidence, with the ability to hold title personally, in a local trust, or through a local company. A network of real estate brokerage firms with listings through a local MLS ensure that the purchase and sale of property on Turks and Caicos is transparent and easily accessible.
In addition, investors and residents can participate in St. Charles’ optional rental program, which allows owners to generate additional income by renting their residence when they are away.
Click here for more information on our Leaseback Program.
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