Where the future meets
exceptional living.
With seamless links to major markets, a growing network of professionals, and a world-renowned lifestyle, TCI is built for balance. It’s no longer just a tourism destination; it’s a fast-evolving international finance centre, welcoming investors, founders, and family offices seeking more than just tax efficiency.
About TCI for
financial services
The Turks and Caicos Islands comprise 40 islands and cays, nine of which are inhabited. With pristine beaches, a thriving reef system, and natural beauty, TCI is an extraordinary place to live, but its potential as a financial hub goes much further.
TCI offers a future-ready platform for investors and digital asset entrepreneurs looking to establish a footprint in a trusted, stable, open jurisdiction. With regulatory evolution underway, strong government support, and a focus on sustainability and innovation, TCI is quickly emerging as the destination of choice for the next generation of finance.
In TCI, you don’t have to choose between purpose and performance. You can build a business, grow a legacy – and stay true to what moves you.
Why
TCI?
Economy.
With a booming tourism and financial services economy, stable USD currency and one of the fastest GDP growth rates in the Caribbean, TCI is a perfect fit for any potential investors. The islands have an annual budget surplus, S&P credit rating of BBB+ and are closely connected to major markets across the world.
Stability.
With a booming tourism and financial services economy, stable USD currency and one of the fastest GDP growth rates in the Caribbean, TCI is a perfect fit for any potential investors. The islands have an annual budget surplus, S&P credit rating of BBB+ and are closely connected to major markets across the world.
Incentives.
The TCI Government has identified FS as a key target for growth, with incentives to new entrants and businesses ready to invest - . Applications for regulatory licences from applicants will be prioritised and supported by TCI Finance.
Quality of life.
Investors need an exceptional place to live, as well as work. TCI makes it easy to balance the personal and the professional - combining stunning beaches, five-star hotels and restaurants, top-quality schools and healthcare with access to the top professionals in financial services and 100+ direct flights to the US, Canada and UK each week.
Infrastructure
With a booming tourism and financial services economy, stable USD currency and one of the fastest GDP growth rates in the Caribbean, TCI is a perfect fit for any potential investors. The islands have an annual budget surplus, S&P credit rating of BBB+ and are closely connected to major markets across the world.
Legislation & regulation
With a booming tourism and financial services economy, stable USD currency and one of the fastest GDP growth rates in the Caribbean, TCI is a perfect fit for any potential investors. The islands have an annual budget surplus, S&P credit rating of BBB+ and are closely connected to major markets across the world.
Taxation.
No income tax.
No corporation tax.
No inhertiance tax.
Investors and businesses based in the Turks and Caicos Islands can make the most of some major tax benefits. There is only a very a modest payroll tax to support National Insurance and National Health.
Operating in
TCI?
A fresh start in next-gen financial services.
The TCI Government is putting a major growth focus on the FS sector - opening up major opportunities for investors, family offices and businesses. If you’re looking for a clean slate and the chance to shape your future on a growing island with a captive audience of high-net-worth individuals, you can make it happen here. With a luxury tourism product attracting new wealth and UHNW individuals, the Turks and Caicos Islands is the finance centre for future success. With a clear plan for sustainable growth in place, it’s never been easier or more beneficial for investors to set up shop in a location where they can secure their legacy and financial future.
Investments.
To be eligible for a Permanent Residence Certificate (PRC) by investment, investors need to invest: at least $750,000 in the islands of Grand Turk, Salt Cay, North Caicos, Middle Caicos or South Caicos, or at least $1,500,000 in Providenciales and the other islands and cays. In both cases, at least 60% of employees must be Turks and Caicos Islanders. Qualifying investors in the FS sector may be eligible for special terms if they meet the criteria set by the TCI Government. The applicant’s spouse and children may be endorsed onto the PRC, which will permit them to reside in TCI.
Incentives.
The TCI Government has identified FS as a key target for growth, with incentives to new entrants and businesses ready to invest. Applications for regulatory licences from applicants will be prioritised and supported by TCI Finance.
Incentives, grants and waivers.
With TCI’s ‘open for business’ mentality, various incentives, grants and waivers may be available to eligible investors based on the nature of their business. Invest Turks and Caicos Agency, the country’s primary Investment Promotion Agency, provides a framework for encouraging and prioritising domestic and foreign investments.
Incentives include:
• Alleviation of essential “fixed investment costs” for qualified investments
• Reduced import duties on “fixed investment costs” for qualified investments and new industries
TCI enjoys duty-free access to Canadian markets under CARIBCAN and privileged access to EU markets. It’s an Associate member of CARICOM eligible for designation as a beneficiary country under the Caribbean Basin Initiative of the United States.
Local corporations.
The Turks and Caicos have a substantial licensed and regulated company management profession. Many experienced and knowledgeable advisors are available to set up companies, funds, limited partnerships, protected cell companies and companies limited by guarantee. The costs vary depending on the complexity of the structure - but overall professional costs are considerably lower than other jurisdictions in the region, a list of company managers can be found at the Turks and Caicos Islands Financial Service Commission.
Hiring employees.
The TCI Government puts a major focus and public resource into education to deliver a qualified pool of residents. As a result, there is a wealth of professional administrative, accounting and financial services staff available on the islands. If incoming businesses are unable to source suitable employees locally, or if specialist skills are required, concessions can be granted to enable qualified businesses to bring in their teams. All TCI asks is that there is a plan in place to recruit, train and upskill local employees in due course.
Work permits.
Work permits can be issued based on the skills needed in The Turks and Caicos Islands. If an investor doesn’t meet the investment requirements above, it’s still possible to be granted a work permit for a company the investor sets up on the island. The TCI Government is also prepared to offer guaranteed renewable work permits to qualified applicants in the financial services sector - but will continue to impose certain restrictions on operating businesses to manage employment opportunities for citizens of the islands.
Latest news
Stay informed with the latest updates from TCI Finance and our member firms. Here you'll find news, insights, and developments shaping the financial services industry in the Turks and Caicos Islands and beyond.
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The international finance centre that
moves you
When it comes to wealth management and financial services, you can have it all in TCI. Put your faith in the emerging leader in international finance and achieve your personal and professional goals while investing in somewhere you’ll love.