We are committed to cutting the cost of doing business. Operating under the Encouragement of the Development Ordinance and the 2012 Investment Policy, we have been given a framework for encouraging, prioritising and incentivising domestic and foreign investment*.
These are a few of the incentives available**:
- Alleviation of essential “fixed investment costs” (capital and labour costs) for qualified investments.
- Reduced import duties on “fixed investment costs” for qualified investments and new industries.
- Reduced stamp duty for land purchases in the family islands and for new developments or first-time sales of condominiums across the Turks and Caicos Islands for qualified investments and new industries.
TCI enjoys duty-free access to Canadian markets under CARIBCAN, and privileged access to European Union markets.
TCI is an Associate member of CARICOM, and is eligible for designation as a beneficiary country under the Caribbean Basin Initiative (CBI) of the United States.
*Determination of all incentives is at the discretion of the Turks and Caicos Government (TCIG).
**Some restrictions apply.
Why Invest in TCI
