Tourism & Resort Development
In recent years there has been exponential growth in tourist arrivals to the Islands and in view of the TCI's proximity to the North American mainland, pristine environment, political stability and favourable investment climate, further growth is expected in this area.
We have advised on many major tourism and resort projects in the Islands. Clients in this field have included Amanyara (Caicos Resorts), Grand Turk Cruise Terminal (Carnival Corporation), Sailrock South Caicos (CMK Companies), West Caicos Reserve (Logwood Development), The Veranda on Grace Bay, Club Med, Beaches (Sandals), London & Regional Properties, Westbrook Partners, Ocean Club, Water Cay (Aquarius Development), Ocean Club West, Point Grace, Grace Bay Club, The Somerset on Grace Bay, The Alexandra Resort, Royal West Indies Resort, and The Meridian Club.
Our tourism and resort team has considerable experience in the legal aspects of resort development in the Islands including advising on the appropriate corporate structure, negotiating development concessions with the TCI Government, acquisition of resort property, the financing aspects of resort projects, the negotiation and drafting of construction and related contracts, advising on employment law issues, planning law, advice on condominium and time-sharing structures and regulations, and on local immigration law.
Contacts:
Owen Foley, Gordon Kerr |