Invest In the Family Islands | Turks and Caicos Islands
Where Inspiration Becomes Reality
Invest Turks and Caicos can help you navigate the path to investing in the Turks and Caicos Islands.
Why Invest in TCI
Strong Economy
S&P Sovereign Credit Rating of A-, an GDP real growth rate of 5.6%, and the US $ as our national currency.
Pro-Business Investment Climate
Government support at all levels, including the provision of investment incentives in priority sectors. No direct corporate, personal, capital gains or inheritance taxes. No exchange controls.
Strong Legal System
A British Dependent Territory with a strong and effective judicial system based on English Common Law.
Effective Regulation and Compliance
Complaint with IMF, OECD, and FATF standards, committed to us and UK FATCA and early adoption of the Common Reporting Standard.
Development Opportunities
Prime undeveloped land available for tourism and residential projects.
Easy Access
Extensive direct air routes, including twice-weekly flights from the UK and over 150 weekly flight to and from the US and Canadian cities.
First Mover Opportunities
Many business sectors are underdeveloped.
Residency Opportunities
Temporary and Permanent Residence status available to qualified investors.
Quality Education
A TCI student recently achieved “Top in the World” for AS-level Mathematics from the Cambridge International Examinations body.
Excellent Quality of Life
40 beautiful islands and cays*; world-class beaches and great outdoor activities under the Caribbean sun.
At A Glance
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Total Area: |
941 sq. km. |
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Inhabited Islands: |
9 |
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Number of Islands/Cays: |
40 |
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Capital: |
Grand Turk |
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Official Language: |
English |
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Standard Time Zone: |
Eastern Standard and Daylight Time (EST/EDT) |
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Temperature: |
85 to 90 degrees (29–32°C) from June to October, 80 to 84 degrees (27–29°C) from November to May |
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GDP (bil. $): |
1.75 (2024) |
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GDP Real Growth Rate: |
5.6% (2024) |
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Total Exports (mil. $): |
2.7 (2024) |
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Population: |
50,828 (2024) |
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Annual Population Growth Rate: |
0.73% (2024) |
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Labour Force: |
72.7% (15–64 years) |
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Unemployment |
5.5% (2024) |
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Currency: |
US$ Dollar |
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Location: |
Located 575 miles southeast of Miami, Florida, south of the Bahamas and east of Cuba and the Dominican Republic and Haiti |
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Stayover Arrivals: |
576,288 (2024) |
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Cruise Arrivals: |
1,233,807 (2024) |
Population density
Islands
Investment Process
1. Make Contact
Whether you have a firm proposal or are making general enquiries, Invest Turks & Caicos is available to answer questions, provide information, and if required, arrange a visit programme to help you understand the opportunities available in the Turks and Caicos Islands.
2. Make a Proposal
Submit your project proposal and supporting documents to Invest Turks & Caicos. The Agency will respond promptly with feedback and provide a roadmap toward completion.
3. We Get to Work
Invest Turks & Caicos consults with the relevant government departments on your behalf and helps move the process forward. This includes:
- Managing the process
- Providing regular communication and updates
- Facilitating project implementation after approval
- Remaining in contact after completion to support future growth
How Invest Turks & Caicos Can Help
The Turks and Caicos Government welcomes foreign investment.
Invest Turks and Caicos(Invest TCI) is the Islands’ Investment Promotion Agency, responsible for enhancing the economy through the attraction, growth and retention of overseas investment; and supporting the growth of local businesses.
We provide a free and confidential service to overseas businesses looking to set up or expand existing operations, and will work with your project team throughout the investment process, providing advice and support. This can include:
- Information on the local business climate
- Advice on Government incentives and concessions to investors
- Facilitating contact with relevant Government Departments throughout the investment process
- Introductions to local service providers/suppliers
- Advice on work permits and securing permanent residency status;
- Ongoing support following set up
- Advice and the processing of Permanent Residency applications.
Incentives
We are committed to cutting the cost of doing business. These are a few of the incentives available:
Alleviation of essential “fixed investment costs” (capital and labour costs) for qualified investments.
Reduced import duties on “fixed investment costs” for qualified investments and new industries.