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Turks and Caicos Islands


Until recently, these bejeweled islands were better known to those in international banking circles than among vacation travelers. However, the boom in real estate sales, the growth of tourism, construction everywhere and the arrival of internationally renowned resorts like Beaches (owned by Sandals, Club Med and Four Seasons), are clear evidence that the Caribbean's best kept secret is now the fastest growing leisure destination.

Beautiful and secluded, the Turks and Caicos Islands (TCI) are strategically located 575 miles southeast of Miami and boast over 230 miles of powdery white beaches, many of which rarely see a tourist. Instead, the only footprints you'll see are those of iguanas and shorebirds.

The Island's ridges are just high enough to capture the breezy caress of equatorial trade winds while creating breathtaking vistas of an emerald to azure seascape. The chain's 193 square miles host an incredibly varied terrain from beaches, coves and cliffs to salina, islets and marshes

. Wherever you may venture throughout these wondrous islands, you'll be embraced by the crowning glory of the Turks and Caicos Islands: gin-clear waters brimming with aquatic life. To the south, a sixty mile shallow water bank paints a flowing visual feast of liquid colors. On the north side, facing the Atlantic Ocean, an extended barrier reef protects the Islands. The underwater life on that reef and the spectacular drop-off attract divers worldwide. With over 65 miles of virgin coral reef Cousteau, himself, has ranked our fair isles as one of the world's top ten dive destinations. Underwater visibility is between 100 and 200 feet or better, with average water temperatures in the 70s.

The eight major islands are from east to west: Salt Cay, Grand Turk (the capital), South Caicos, East Caicos, Middle Caicos, North Caicos, Providenciales and West Caicos. The nation has a total land mass of 193 square miles, the majority of which is yet undeveloped.

To encourage new investments, the Turks and Caicos Islands government has established insightful legislation, such as granting permanent residency (the right to reside without annually applying for a permit to do so) upon investing $250,000 in developed property on Providenciales (and even less on other islands). This incentive, coupled with the natural resources and investment potential of the Islands, has drawn a cosmopolitan population together on Providenciales, the most developed of the Islands. Here, a relaxing island simplicity is enjoyed by all who have sought to escape the frenzied rush of North America and Europe.

Savvy investors from around the world are being drawn to these islands which offer complete freedom from income, property and capital gains taxes. Unlimited opportunity is available to pro-active investors who wish to take part in the growth of this island nation.

The Turks and Caicos Islands are one of the oldest British Crown Colonies in the Caribbean. Its modern legislation and stable political climate make TCI one of the fastest growing offshore financial centers. The local currency is the U.S. dollar and confidentiality in banking transactions are mandated by law.

A modern North American style infrastructure continues to develop successfully in the Turks and Caicos Islands. Yesterday's "coconut telegraph" has long since been replaced by state-of-the-art telecommunications including cellular phone services, pagers, internet and investment links to North America, Europe and Asia.

Very few islands offer such an ideal setting which combines political stability, an "Open Arms" investment policy, sound infrastructure, environmental awareness and an array of professional business services combined with the natural beauty of a pristine paradise.

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