Turks and Caicos real estate still ripe for picking

by : Nicholas Marr



The name Turks and Caicos conjure up thoughts of white sand and Caribbean sun and an exclusive place to take a holiday vacation or to buy property in the Caribbean. When you look further than the beauty of the Islands that make Turks and Caicos you find that it is actually a haven for overseas property investment and furthermore it is one still ripe for the pickingThe Turks and Caicos Islands in the Caribbean are a tax-free haven for those looking for a retirement home, vacation paradise or investment property. These islands, consisting of 8 major islands and 40 in all, are a British Oversees Territory and are located to the southeast of the Bahamas and north of the Dominican Republic. There are two island groups, the Caicos, consisting of most of the islands, and the Turks, with Grand Turk and Salt Cay islands.

The Turks and Caicos offer 350 days of sunshine a year, with an average daily temperature in the 80s year-round. The summer days are cooled by temperate trade winds, while the winter days almost always are in the 80s. The Islands offer the 3rd largest coral reef system in the world and some of the best beeches in the world are located along the 230 miles of ocean front property throughout.

The most populous island and commercial centre, Providenciales, has an international airport with direct flights from many cities, including Miami, New York, Toronto and London. British Airways, American Airlines, Delta and others fly here regularly. From the main airport you can get flights to several other islands, including South Caicos and Grand Turk, where the capital is located. Boats can get you to any of the islands you want to visit.

While the Islands became well-known for their salt, supplying the world's needs for this mineral for hundreds of years, today they are best known as a tourist haven and a centre for off-shore banking. Providenciales Island, usually called Provo, has some of the most spectacular beaches in the world. The other major islands are South Caicos, Grand Turk, North Caicos, Middle Caicos, East Caicos, West Caicos and Salt Cay.

Turks and Caicos has over 175,000 visitors a year, and the Islands continue to grow as a tourist destination. With a modern banking system and economy based on the US dollar, and no taxes on property, capital gains or incomeFind Article, it is easy to invest in and get exactly what you are looking for in a tropical paradise.