Why Invest in Turks and Caicos Real Estate?
Considering a Caribbean Real Estate investment? Consider The Turks and Caicos Islands, the domicile of choice for discerning investors from around the world.
WHY INVEST IN REAL ESTATE IN THE TURKS & CAICOS ISLANDS?
- Besides the world’s best beaches, perfect weather and friendly people?
- No annual property taxes
- No income taxes on revenue generated
- No capital gains taxes on disposal of property
- Any nationality may purchase and hold land
- Use of the US dollar minimizes currency fluctuations
- We enjoy one of the lowest crime rates in the Caribbean
- British Dependent Territory status ensures an accountable legal and political system
- Real Estate Title is guaranteed by the Crown; Title insurance is unnecessary
- Title can be held personally, or confidentially, in a local Corporation or Trust
- Strata Title registration Ordinances provides for freehold title in a condominium
- Torrens Land Register system provides accurate details of ownership
- All necessary safeguards are in place and internationally recognized
- Planning Authority oversees development and building codes to help ensure sustainable development
HOW MUCH DOES REAL ESTATE COST?
Less than it will cost next year! More and more investors are discovering our attractiveness as a vacation, investment, and retirement destination and as an offshore center. Tourism increases annually by 10% to 20%. The number of real estate transactions and appreciation follow these numbers closely. Increased demand means rising prices. We expect these increases to accelerate. THE TIME TO BUY IS NOW.
RE/MAX concentrates on well-priced properties selected from our own listings, those of other brokers, and sometimes property not listed to find the best possible investment for your budget. With land prices ranging from $50,000 to over $5,000,000 per acre, there is something for everyone.
WHERE SHOULD I INVEST?
RE/MAX Elite TCI can assist you with a land purchase on any island in the Turks and Caicos. Although modern day development only began in 1966, Provo already has the largest population of all the islands and is the most popular and fastest growing in the chain. It offers a wide range of superb residential areas from beachfront to hilltop, to canal areas, each with their own unique character.
