What are the closing costs when buying real estate in the Turks and Caicos Islands?

Here's a summary of the closing costs when buying real estate in the Turks and Caicos Islands 1. The agreed upon purchase price is the main closing cost when buying real estate in the Turks and Caicos Islands. 2. Stamp Duty Fee As mentioned in an earlier blog post titled “What’s involved in purchasing real estate in Turks and Caicos” there are no property taxes or capital gains taxes in the TCI. There are also no restrictions on foreign ... Read More ›

Mandalay Real Estate Video just added

Mandalay Villa We have just added a real estate video for Mandalay Villa to the listing page and our youtube channel. It does an excellent job of showcasing the property and capturing how it really comes alive at night around the spectacular multi-level pool. Enjoy: This is listed and presented by Bernadette Hunt cell: 649.231.4029 ... Read More ›

Traveling to and getting around Providenciales

This resource gives you details of the airlines flying into the Turks and Caicos Islands together with basic information on getting around and staying connected. We do recommend that you have your travel agent arrange as much for you in advance of your arrival as possible, but the following may help if you prefer to find your own way. Immigration A passport and a return ticket are required to enter the Turks & Caicos Islands. Until recently ... Read More ›

What’s involved in purchasing real estate in Turks and Caicos

Purchasing a home or other property in Turks and Caicos Islands is not much different to what you are probably accustomed to. Once a price is agreed a purchase and sale agreement is prepared, describing the property, price and terms, and any other conditions. A 10% deposit is generally paid under the terms of the sales contract to the seller’s attorney and is held in escrow until closing, which is usually within 30 days. At closing, executed land ... Read More ›

Investment Opportunities for Europeans in Turks & Caicos

Thoughts on currency and Turks and Caicos Real Estate I'm Irish by birth, living and working in the Turks & Caicos which has the US Dollar as its currency. As a result I have a tendency to watch the currency exchange US Dollar / Euro rates on Bloomberg while I sip my first cup of tea in the morning and lament the US dollar's extended decline - which doesn't seem likely to change in the short-term. I have to return to the "auld sod" at ... Read More ›

Turks and Caicos Islands Real Estate

The Turks and Caicos Islands are a chain of small islands southeast of Miami, Florida just below the Bahamas. These islands are comprised of approximately 40 different islands and cays; eight of which are inhabited. Providenciales or “Provo” as it is affectionately known by the locals, is the most populated and developed of all the islands. The pristine beaches are among the most beautiful in the world, boasting stunning turquoise waters and ... Read More ›

Aerial video of Stargazer Villa

Turks & Caicos Property has just uploaded a video featuring aerial footage taken of Stargazer Villa - a US$9,995,000 estate on Provo's North shore. The video has been added to our site at the bottom of Stargazer's listing page and also to our Turks & Caicos Property YouTube channel. This is the first of a series of videos we will be adding which utilize aerial video footage taken on a camera attached to a remote controlled "drone" - see ... Read More ›

Blue Haven Resort and Marina from above

The photo above is extracted from one of a series of aerial videos shot of luxury resorts on Providenciales. This video was taken of the luxury Blue Haven Resort during quiet season prior to the reopening in late 2013 under new management. The development is located within the private Leeward subdivision and the associated marina, which can handle yachts up to 220', is IGY (International Global Yachting) branded. There is now a nice collection of ... Read More ›

Grace Bay Beach Condos

The following is extracted from our editorial in the 2014 "discover Turks & Caicos" magazine which is distributed to visitors arriving on American Airlines flights: Grace Bay condos ..... like living in a screensaver The opening of Club Med on Providenciales in 1984 was really the first step in introducing Grace Bay to the world. With an incredible 12 miles of white sand beach flanked by crystal clear waters it embodies the perfect sun ... Read More ›

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