How to Buy Property in Turks and Caicos Islands
Anyone may purchase land in the Turks and Caicos Islands(TCI), save, if the purchaser wishes to hold property through a company, the company must be a TCI company. Foreign companies are unable to directly purchase property in the TCI. However, there are no restrictions on a foreign company holding the shares of a TCI company that owns property in the TCI. There is no restriction on a non-TCI citizen or non-TCI resident owning land the TCI or holding the shares of a TCI company, which owns property. The TCI’s Registered Land System Land in the TCI is registered under the Registered …
myBarrister launches new myBarrister App
myBarrister on January 14th released a new app designed for barristers and clerks. myBarrister is the leading service that provides work to Direct Access Barristers in the UK. This new app will broaden myBarrister’s reach as is designed to assist all barristers and clerks. The new app will allow barristers to: Communicate safely and securely Invite clients to join their network Be part of the global network of barristers Receive local and international referral work via the network. Take part in public and private discussions with other barristers or lawyers Organize their work and communications Read and post news and …
David Phillips QC Represents Trinidad Firm in Contractors’ Conspiracy Case
On 11 January 2021 David Phillips QC appeared before the Court of Appeal in Port of Spain, Trinidad & Tobago, in the latest round of the hard-fought Contractors’ Conspiracy claims. David had successfully resisted the Contractors’ strike-out and related applications, Mr Justice Aboud having handed down a 122 page judgment in August 2020. Amongst the many grounds of appeal the Contractors challenged the adequacy of the pleaded case on unlawful means conspiracy, and boldly challenged the existence of the tort of an unlawful means conspiracy in Trinidad & Tobago. Further written submissions are to be filed within the next month, …
Turks and Caicos Judiciary launches online portal with legal information
The Turks and Caicos Islands has launched a portal to provide its populace with free and easy access to judicial information. The portal, referred to as the Turks and Caicos Islands Legal Information Institute (TCILII), is the first of its kind in the Caribbean and can be found at tcilii.org. The judiciary-led initiative is to ensure that legal practitioners and the public alike, have free access to legal material necessary to advance and inform the protection of their legal rights. The initiative is one driven by the new Chief Justice Mabel Agyemang, who in brief remarks said the need for …
TCI Government Amends Stamp Duty Waiver Policy
The urks and Caicos Government announced the amendment of the Turks and Caicos Islands Covid-19 Stamp Duty Waiver Policy which came into effect on 21st September, 2020. The amendments are as follows: The removal from the Affidavit Form of the five (5)-year restriction on the acquired property; An extension of the fifty percent (50%) Stamp Duty concession rates timeline to the 30th November 2020 on the transfer of immovable property or any real right such property, valued up to $2 million, made from 21st October; and An extension of the twenty-five percent (25%) Stamp Duty concession rate which will now …
TCI Government reduces stamp duty on immovable property
In an effort to stimulate economic activity in the Turks and Caicos Islands, the Government has launched a new Stamp Duty Waiver Policy. The stamp duty waiver on immovable property is available to all eligible applicants that transact a transfer of immovable property or any real right over such property made on or after the 21st September 2020 but before 20th December 2020. Provided that the transaction is completed during the above-mentioned period. The stamp duty waiver granted would be as follows: 75% reduction of stamp duty on the transfer of immovable property or any real right such property, valued up …
TCI suffers highest % of GDP loss due to COVID-19 impact on tourism
According to Visa service provider Official-esta.com, Turks and Caicos suffered the highest percentage of GDP lost due to the financial impact of Covid-19 on world tourism. The country has lost USD$94 million in revenue representing 9.2% of GDP, and is among five other Caribbean nations occupying the top 10 list. The Caribbean islands which have suffered the highest percentage loss in GDP, alongside the Turks and Caicos Islands are Aruba, Antigua and Barbuda, St. Lucia and Grenada. The United States, from which most tourists visit the TCI, reported the most Covid-19 cases (5.7 million cases) and has suffered the biggest …
The Benefits of Making a Will
Where There is a Will There is a Way Many people do not make wills. My brother-in-law put off making a will for decades – he would never admit it, but I am convinced that that was because he secretly believed that making a will would bring about his immediate death. He was wrong: he has both a will and robust good health. There are many good reasons for making a will – and none that I know of for not doing so. The first, and most obvious, is that it enables you to choose where your property passes on …
Turks and Caicos welcomes first post-COVID-19 guests
On the first day flights resumption in Turks and Caicos Islands, two American Airlines flights and 18 private jets were welcomed into the country. Turks and Caicos Islands’ Premier Honourable Sharlene Cartwright-Robinson and other government officials were on hand at the Providenciales International Airport (PLS) to welcome guests for the first time since the COVID-19 pandemic begun. American Airlines flight 1279 carrying 77 passengers from Miami was the first to arrive around mid-day and was greeted by the customary water cannon salute given to a first flight at airports around the globe . As part of the new modus operandi, …
What you need to know to bring a personal injury claim
Personal injury is something that happens from time to time and it is something that you may be able to make a claim for. We have put together an outline of what you need to know in order to bring a personal injury claim. …