General

Please click here for Bloomberg Tax’s article Country Guide: The Turks and Caicos Islands by Partner Owen Foley.    

TURKS AND CAICOS ISLANDS: An Introduction   Turks and Caicos Islands Overview 2022  The Turks and Caicos Islands (TCI) are a British Overseas Territory situated to the south of The Bahamas, approximately 500 miles southeast of Miami, Florida. TCI has demonstrated significant corporate and financial law stability over many decades and continues to do so. This is partially due to TCI having a stable and strong government benefited by TCI law based on English common law. …

Please Click Here for Chambers Global Practice Guides for an article on the Turks and Caicos Islands Trends and Developments by Partner Gordon Kerr and Partner Karen Willis.

After six weeks of a total  lockdown  the Islands have started to  reopen  again  with a phased and  gradual reopening of  certain  businesses.  Commencing  this week on  4th May  the  hardware shops  and all food shops were  permitted to  reopen and the  day time  curfew was lifted. On  Monday 11th  May  some Government offices will begin to reopen  for critical services to the general public, although  continued  use of  online  services are encouraged where  possible.  …

The Turks and Caicos Government, in response to COVID-19, have enacted an economic stimulus package, which will benefit you, our clients. The package seeks to lessen the impact of the global crisis on residents and to assist in stimulating and reigniting the TCI’s economy. We have now received full details of the stimulus package that has been enacted and we provide an overview below. 1. As relates to real estate i. Customs exemption on construction …

We have now completed our first week of the lock down imposed by the Turks and Caicos Government.  The Government and the Governor have been providing regular updates and it appears as though there has been widespread support for the measures and compliance with the regulations.  This is encouraging and equally important is the fact that the number of positive cases of the Covid-19 has stabilized at 5.  There are a number of suspected cases …

In light of the continuing acceleration of COVID-19 and to safeguard the Turks and Caicos Islands, the Government has declared that as of Saturday 28th March until midnight on 15th April, a 24 hour curfew will be put in place. This will have an overall impact on the day-to-day workings in our Islands.   Our office at Richmond House will be closed.  However, during this period, all members of the Misick & Stanbrook team will …

We hope this email finds you, your team and your loved ones safe and in good health in the face of the World Health Organization’s declaration of COVID-19 to be a Global pandemic. Although we have no reported or confirmed cases in the Turks and Caicos Islands of the virus as of today, we are actively preparing for a possible change in our normal operating procedure should that become necessary.  If this happens, our people will …

Please click here to read Misick & Stanbrook’s overview and guide in respect of the redomiciliation of a Turks and Caicos Islands company to an overseas jurisdiction.

By Owen Foley and Karen Willis Misick & Stanbrook partners, Owen Foley and Karen Willis, have co-authored the commercial real estate in Turks and Caicos Islands: overview published by Thomson Reuters Practical Law. The article provides an overview of corporate real estate market trends; investment structures; legislation; title; sale of real estate; due diligence; warranties; real estate tax, restrictions on foreign ownership; real estate finance; leases and planning law. Please Click Here for article. https://uk.practicallaw.thomsonreuters.com/1-623-5718 This note …