Why The Turks and Caicos Islands?
- Preferred location for high net-worth individuals
- British Overseas Territory.
- No Income, inheritance, capital gains, corporation or personal taxes.
- US$ currency and no exchange controls.
- OECD – ranked alongside competitors; largly compliant CFATF rating on recent peer review.
- EU “whitelisted” for economic substance; CRS and FATCA compliant.
- Strong international banking community and international accounting firms.
- Strong multi-decade reputation for domiciling and regulating producer owned reinsurance captives (nearly 7,000 currently licensed).
- Respected, transparent, reliable, professional and proportionate financial regulator. (www.tcifsc.tc)
- Government support (including immigration fast track) for qualified applicants.
Turks & Caicos Islands at a Glance
British Overseas Territory; internal government with ministerial, democratic system
Turks and Caicos Islands
Hon. Premier, Charles Washington Misick
941 sq. km.
9
40
Grand Turk
English
Eastern Standard and Daylight (EST/EDT)
90 and 90 Degrees (29-32 degrees Celsius) from June to October, 80 to 84 degrees (27 – 29 degrees Celsius) from November to May
GDP (bil. $) 1.18 (2023)
GDP per Capita ($) 25,985 (2022)
GDP Real Growth Rate 1.2% (2023)
2.6 (2023)
Population 49,309 (2023)
Annual Population Growth Rate 1.2% (2023)
Labour Force 55% (25-54 yrs)
Unemployment 7% (2023)
US$ Dollar
Located 575 miles southeast of Miami, Florida, south of the
Bahamas and east of Cuba and the Dominican Republic and Haiti
Stayover Arrivals 662,707 (2023)
Cruise Arrivals 939,028 (2023)
