The Turks and Caicos Islands is a small tropical archipelago nation found south of the Bahamas sharing the Caribbean Sea and the Atlantic Ocean. It boasts as being a high-end tourist destination and one of the top beach destinations in the world. Second to tourism, the country’s real estate market is first-class with a unique offering perfect for investment properties or quaint vacation homes. If you are interested in purchasing a piece of paradise, there is no better time than present, particularly considering the significant tax waiver discussed below.
In response to the Coronavirus pandemic’s significant impact on the economy of the Turks and Caicos Islands (TCI), the Turks and Caicos Islands Government (TCIG) has introduced several measures to stimulate the economy including encouraging internal spending and outside investment.