Industry Facts

International Airport

Over 1 Million International Tourist Arrivals 2023

Direct Airlift

To North America , UK and the Caribbean

1.6 Million

International Tourist Arrivals 2023*


Cruise Passenger Arrivals in 2023


Degrees all year round

60% GDP

Tourism contributes over 60% of GDP*

Why Invest in the

Turks & Caicos Islands?

Extensive direct air routes, including twice-weekly flights from UK and over 150 weekly flights to and from US and Canadian cities.

Prime undeveloped land available for tourism projects across 40 small islands and cays.

40 beautiful islands: world-class beaches; and great outdoor activities under the Caribbean sun; with 350 average days of sunshine.

 Government support at all levels, including the provision of investment incentives in priority sectors.

Modern healthcare centers, full service banking and well-developed telecommunications network. Exceptionally low crime rate.

 The workforce comprises of 50% of the population. TCI students have achieved “Top in the World” achievements in As-level Mathematics and Chemistry from the Cambridge International Examinations body.

Strong Economy Sovereign Credit Rating of BBB+, an annual GDP growth rate of 9% (2022) and the US$ as our national currency. TCI was previously cited as the fastest growing economy in the Caribbean.

Awards and Accolades Leading Beach Destination via Caribbean and North American Gala; World Travel Awards (2012-2016, 2018-2022), Grand Turk: Best Caribbean Beach Port via Porthole Cruise Magazine Readers’ Choice Awards (2019), Grace Bay – #1 -50 Best Beaches Central America/Caribbean via Flight Network (2018), Caribbean’s Most Romantic Destination; World Travel Awards (2022), Grace Bay – 10 World’s Best beach; Travelers Choice via Trip Advisor – #1 (2022). 

Temporary and Permanent Residence status available to qualified investors. No direct corporate, personal, capital gains or inheritance taxes. No exchange controls.

Invest Turks and Caicos is prepared to guide you through the investment process and beyond. The Agency is dedicated to providing free and confidential advice and support, facilitating the investment process through liaison with key Government Departments; advice on Government incentives and concessions to investors and more.

Why TCI is The
Best Choice for Tourism

Frequently Voted #1 Beach in the World,
#1 Beach in the Caribbean
3rd Largest Coral Barrier Reef in the World
70 Minutes Southeast of the USA
Extensive direct air routes
including over 150 weekly flights
One of the Fastest Growing
Economies in the Caribbean*
Fastest Growing Tourist Destination
in the Caribbean*
One of Lowest Crime Rates in the Caribbean
State-of-the-Art Telecommunications
Year-Round Sunshine & Trade Winds
No Property or Income Taxes

Areas of Investment Opportunities

Niche Tourism

While the main island of Providenciales is the most popular destination for visitors, TCI’s other islands offer excellent opportunities for smaller resort and niche tourism development:

Adventure Tourism

With some of the best dive sites in the world, including a 7,000 vertical wall a short distance off the shore at Grand Turk; visitors come from all parts of the world to experience the thrill of snorkeling and diving in crystal clear waters. The waters round the island also attract kite surfers, sailors and sports fishermen;

Eco Tourism

Many of our 40 islands are uninhabited and stunningly beautiful. Opportunities exist for the island’s first eco-lodges and resorts;

Marina Development

Some of the world’s most beautiful yachts, and the finest sport fishing vessels visit TCI. Providenciales has a number of marinas but other islands offer an excellent opportunity for resort/villa/condo development around a marina;

Medical Tourism

Where better to recuperate from surgery than the most beautiful islands and beaches in the world! TCI has two hospitals with space for private patients. Excellent opportunities exist for cosmetic and other surgical procedures.

Convention Centre Development

The islands are a perfect destination for conventions and company gatherings, but we currently do not have a large stand-alone or hotel-linked business venue to host large gatherings. Providenciales would be an excellent location to build the first.

Retirement Developments

Retirement estates are becoming an exceptionally lucrative prospect for investors and the Turks and Caicos offers a great luxury destination all year-round war climate and five star amenities.

Background Heading

Sector Opportunities

by island
  • Tourism hospitality & related activities
  • Property Development
  • Medical Tourism
  • Marina Development
  • Convention Centre Development
Middle Caicos
  • Hotel/Condo Development
  • Ecotourism
  • Marina Development
North Caicos
  • Hotel/Condo Development
  • Ecotourism
  • Marina Development
Grand Turk
  • Tourism hospitality & related activities
  • Property Development
Salt Cay
  • Ecotourism
West Caicos & East Caicos
  • Ecotourism
  • Hotel Development
South Caicos
  • Tourism-related Businesses
  • Ecotourism
  • Marina Development
  • Yachting & Sailing

Turks & Caicos Islands at a Glance

Specific Investment Opportunities

Amethyst Townhomes

Amethyst Property Development Ltd Estimated Investment Cost (Financing Needed): US$5.8 million

Grace Bay Boutique Condo FUCRA LTD.

Estimated Investment Cost (Financing Needed): US$22 million

Indigenous Tours and Rentals

Estimated Investment Cost (Financing Needed): US$90,000

J & S Apartments

Estimated Investment Cost (Financing Needed): US$219,000

Reefs & Wrecks - Semi Sub-Sightseeing

Estimated Investment Cost (Financing Needed): US$ 500,000

My My Cars Rental

Estimated Investment Cost (Financing Needed): US$70,00 - $100,000