Real Estate

    Misick & Stanbrook partners, Owen Foley and Karen Willis provided the answers for Practical Law’s Q&A on commercial real estate law in the Turks and Caicos Islands.    The Q&A gives an overview of commercial real estate market trends in TCI; investment structures; legislation; title; sale of real estate; due diligence; warranties; real estate tax, including stamp duty/transfer tax; restrictions on foreign ownership; real estate finance; leases; planning law; and reform proposals; and …

After having visited the Turks and Caicos Islands (“TCI”) on vacation, many people fall in love with the beauty and culture of the islands and wish to invest in a piece of real estate, in paradise. Here are a few things to know about real estate transactions in TCI. Land registration The TCI has a Torrens title system and property is bought in accordance with the land register.  The land register serves as conclusive evidence …

Introduction This is a simplified guide to the process of buying a property in the Turks and Caicos Islands. While all reasonable endeavors are taken to ensure that it is correct at the time of print it does not purport to be an exhaustive analysis of the relevant laws as may be applicable to you. We trust that it will; however, provide you with sufficient background information on the law in the Turks and Caicos …

A Q&A guide to doing business in Turks and Caicos Islands. This Q&A gives an overview of key recent developments affecting doing business in Turks and Caicos Islands as well as an introduction to the legal system; foreign investment, including restrictions, currency regulations, and incentives; and business vehicles and their relevant restrictions and liabilities. The article also summarises the laws regulating employment relationships, including redundancies and mass layoffs, and provides short overviews on competition law; …