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Evolution of Real Estate and Condo Development in Turks and Caicos Islands
 
 

Salt Cay

The Turks and Caicos Islands continue to experience a steady economic growth, in great part due to the expansion of development and real estate sales.

This evolution will continue to make these Islands a place for people to come and invest in and enjoy. The natural beauty, white sandy beaches and turquoise waters are some of the best in the world. There has been continuous appreciation in real estate prices over the past few years and there are still plenty of opportunities for investors here.
Tourism and land development drives the TCI economy.

More direct flights out of New York, Charlotte, Atlanta, Miami, London and Toronto has increased the number of people visiting the islands to over 200,000 this past year.
The straightforward purchase and sale procedures on the Islands are attractive to the potential investor, and also appealing is the fact that the Crown guarantees title.

The US dollar currency and a stable government instil confidence.

Economy-focussed incentives, a skilled workforce, no income tax, no annual property tax, no capital gains tax, a low crime rate and state-of-the-art technology together make these Islands a wonderful choice of location for international investors who want to buy land, a condo, a house or even looking to create a business in the Caribbean.

Constant easterly breezes keep these Islands comfortable with the coolest months averaging in the 70s and the warmest months averaging in the low 90s. The average rainfall is 40 inches a year with the Autumn as the rainy season, although the rain never lasts very long, before the day goes back
to being sunny and warm.

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