Turks & Caicos Real Estate: General Information
Turks and Caicos real estate has long attracted buyers with
its easy-living atmosphere and easy-going tax rules. With little red tape you can
enjoy a slice of this British territory that's all your own: stunning beaches and
consistently gorgeous weather included. Zoning restrictions have prevented the construction
of high-rise hotels, so Turks and Caicos real estate assures its guests with a measure
of privacy and calm that some other markets can not. Amazing snorkeling, scuba and
fishing make the Turks and Caicos a great sea-lover's destination.
- Stamp duty: Generally 9.75% of purchase price, plus 1% of sum secured by mortgage
- Legal fees: 1-2% of the purchase price
- No property tax, capital gains tax, income tax or inheritance tax
- Transfer of title is a simple process
- Financing available on-island for flexible terms and competitive interest rates
This material is based upon information which we consider reliable, but because
it has been supplied by third parties, we cannot represent that it is accurate or
complete, and it should not be relied upon as such. These offerings are subject
to errors, omissions, changes, including price, or withdrawal without notice.