The current turmoil in the stock market and world economy is reason for those who have capital to consider placing some of it in high quality Turks and Caicos real estate.
Real estate investment in this small country of Turks and Caicos Islands is simple, stable, has potential supplemental rental income and also can provide a retirement home of your dreams in stable, safe destination with wonderful weather. Live the Dream .
Turks and Caicos Islands is a paradise with miles of white sandy beaches and turquoise waters with an average temperature of 83 degrees F.
Turks and Caicos is conveniently situated 575 miles southeast of Miami, Florida.
Turks and Caicos is made up of 40 islands with eight inhabited and has one of the longest coral reefs in the world.
Turks and Caicos is tourist destination as well as a major offshore financial centre.
Tourism and land development drive the Turks and Caicos economy. Flights arrive daily out of New York, Charlotte, Atlanta, Miami, London and Toronto .
There are no property taxes, no inheritance taxes, no capital gain taxes, no income taxes.
There are no restrictions on foreign ownership.
As Turks and Caicos is still a dependent country of Britain, land title is guaranteed by the Crown.
Turks and Caicos Condominiums (both residential and condo/hotels) are found mainly Grace Bay beach. Grace Bay beach has been chosen by Conde Nast to be: “The Best Beach in the World”
TCI is English-speaking. Many here also speak French and Spanish, but English is the official language of this country.
These Islands use American currency which makes it the most convenient non-US destination in the Caribbean.
The communications on the main island of Providenciales as well as on some of the outer islands are state-of-the-art, so …Bring your Blackberry!
Constant easterly breezes keep these islands comfortable with the coolest months in the 70s and the warmest months averaging in the low 90s.
This Caribbean country with warm and friendly people is still in the early stages of development and growth and opportunities are still there for large and small investors! Developers are now able to buy Turks and Caicos beachfront land at a large discount because of the downturn in the economy.
The Islands of Turks and Caicos have been impacted by the downturn in the economy, especially because over 85% of investors come from the USA.That being said, it’s now a buyer’s market!
