Why Invest in TCI

/Why Invest in TCI
Why Invest in TCI2019-10-03T13:00:56+00:00

10 reasons to invest in TCI

1. Strong Economy: Sovereign Credit Rating of BBB+, an estimated annual growth rate of 2.5%  from 2020 – 2022 and the US$ as our national currency. Dr. Justin Ram, Director of Economics at the Caribbean Development Bank (CDB), said the TCI’s economy grew by 3.4% in 2017, and was second only to Grenada which grew by 4.3%.

2. Pro-Business Investment Climate: Government support at all levels, including the provision of investment incentives in priority sectors.

3. Strong Legal System: A British Dependent Territory with a strong and effective judicial system based on English Common Law.

4. Effective Regulation and Compliance: Compliant with IMF, OECD and FATF standards: Committed to US and UK FATCA and early adoption of the Common Reporting Standard.

5. Development Opportunities: Prime undeveloped land available for tourism and residential projects across 40 small islands and cays.

6. Easy Access: Extensive direct air routes, including twice-weekly flights from UK and over 150 weekly flights to and from US and Canadian cities.

7. First Mover Opportunities: Many business sectors are underdeveloped.

8. Attractive Incentives: Temporary and permanent residence status available to qualified investors. No direct corporate, personal, capital gains or inheritance taxes. No exchange controls.

9. Quality Skill Pool: The workforce comprises of 50% of the population. TCI students recently achieved «Top of the world » for AS-level Mathematics and Chemistry from the Cambridge International Examinations body.

10. Excellent Quality of Life: 40 beautiful islands; world-class beaches and great outdoor activities under the Caribbean sun; with 350 average days of sunshine. Modern healthcare centers, full service banking and well developed telecommunications network. Exceptionally low crime rate.