Lying just southeast of the Bahamas, the Turks and Caicos are two distinct island chains, each with their own special charms. The Caicos islands are picture-perfect tropical isles bordered by a barrier reef, and where you’ll discover Providenciales, home to the country’s top resorts, r... + Read More
estaurants and cultural activities. A little further off the beaten path, the smaller Turks group offers the country’s capital of Cockburn Town, an attractive and historic city that’s home to the country’s international airport. Quickly becoming world-renowned for perfect beaches, luxurious destinations and a pleasant ease of foreign investment, this little corner of the West Indies is becoming one of the Caribbean’s hottest property markets. Opportunities to purchase a fully-private island here are rare, so potential investors are encouraged to act quickly.
Turks and Caicos Foreign Ownership Info
As a British Overseas Territory, there are no restrictions on foreign ownership of property in the Turks and Caicos, and government approval for transactions is not required. This advantageous state of affairs results in a very short period from the signing of a sales agreement and payment of the customary 10% deposit, to the close of a transaction- typically within 30 days. It is expected that both parties will engage local law firms to conduct the transaction on their behalves. - Read Less