BE THE SMARTEST REAL ESTATE INVESTOR ON GRACE BAY BEACH
Turks and Caicos is an owner’s paradise. Turks and Caicos is a British Territory, which means English is the first language, the British Crown guarantees title, and it operates under British rule of law. It has no property tax, no income tax, no capital gains tax and uses the U.S. dollar as currency. It also is home to friendly locals, gorgeous tropical weather and some of the warmest, most vibrant waters in the world.
Flight time from:
JUST A SHORT DIRECT FLIGHT AWAY
Miami: 1.75 h
Atlanta: 2.0 h
Charlotte: 2.25 h
Dallas: 4.0 h
Philadelphia: 2.75 h
New York: 3.0 h
Boston: 3.25 h
Toronto: 3.5 h
Montreal: 3.5 h
London: 8.0 h
THE ULTIMATE RETREAT
Andaz Turks and Caicos Residences at Grace Bay will be located on world-renowned Grace Bay Beach, a unique area where the coral reef meets the shore, and safe snorkeling starts at knee-deep water just footsteps from your door.
LOCATION
British West Indies Geographically, the islands are a southeastern continuation of the Bahamas just east of Cuba and NE of the Dominican Republic.
CAPITAL
Cockburn Town on Grand Turk.
PRIMARY EXPORTS
Lobster and conch are the primary exports.
PRIMARY LANGUAGE
English.
ETHNIC GROUPS
The population is largely of African descent and Christianity is the dominant religion practiced by over 90% of the population.
POPULATION
Approx. 31,450 (2012 census).
SIZE
430 square kilometres (170 sq mi).
PHONE CODE
U.S. to Turks and Caicos Islands
international dialing format: 1-649
CLIMATE
Tropical climate, pleasant year round. The average temperature ranges between 80 and 90 degrees (29-32 degrees celsius). From November to May the average temperature is 80 to 84 degrees (27-29 degrees celsius). Water temperature in the summer is 82 to 84 degrees (28-29 degrees celsius) and in winter about 74 to 78 degrees (23-26 degrees celsius).
TRAVEL VISA
Not required for nationals of European Union member states, Canada, and the United States with a valid passport for stays of up to 90 days.
CURRENCY
The U.S. dollar is the official currency of Turks and Caicos. Most credit cards are accepted and banks offer ATM’s as well as cash advances on credit cards.
GOVERNMENT
British Territory including a Unicameral 20-seat House of Assembly with 15 elected members (5 at large and 10 from constituencies), 4 appointed members, and the attorney general, all of whom serve four-year terms. A premier heads the government, and the monarch, of Great Britain and Northern Ireland, represented by a governor,
is the head of state.
FOREIGN INVESTMENT
Turks and Caicos is experiencing one of the fastest growth rates in the Caribbean; an annual budget surplus; and a Standard & Poors’ credit rating of BBB+. With a GDP growth of 5.94% in 2015, the Turks and Caicos is projected to experience economic growth of 4.4% in 2016, 4.3% in 2017 and 5.3% in 2018.
TURKS AND CAICOS: AT A GLANCE
There are more than 30 cays and islands, of which eight are inhabited.
AWARDED #1 BEACH IN THE WORLD
Grace Bay Beach has been awarded many honors throughout the years. In 2018, Grace Bay Beach was named the World’s Best Beach in the Travelers’ Choice Awards by TripAdvisor. In 2015, Providenciales was TripAdvisor’s pick as the world’s top island. Grace Bay Beach also ranked Number One on The World’s 50 Best Beaches, a list compiled by FlightNetwork in consultation with world’s best travel journalists, editors, bloggers and agencies.
