The Turks and Caicos Islands, through its status as a British Overseas Territory, is a stable Caribbean country and there are no restrictions on foreign property ownership in the jurisdiction.

Buying or selling luxury condos or homes in the Islands is more than just a transaction—it’s a significant investment in your future and a reflection of your lifestyle. Whether you are looking to acquire a stunning oceanfront property, a villa, or your selling a high-end residence, ensuring that every detail is handled with precision is essential. That’s where our legal services come in.

Real estate for commercial investment is available primarily through the private market, a visit to TCREA’s site would place at your fingertips the plethora of real estate investment opportunities. At Brookbell Law we understand the unique challenges and opportunities that come with high-value properties. Our goal is to provide you with the peace of mind that comes from knowing your transaction is managed professionally, with your best interests at the forefront. 

For buyers, Brookbell Law offer comprehensive services, including contract negotiation, due diligence, title examination, and closing assistance. Our goal is to secure your investment and ensure a smooth, successful transaction.

For sellers, we will negotiate favorable terms, manage disclosures, and ensure a seamless closing process. We are committed to helping you achieve the best possible outcome on your investment.

Stamp duty rates for property acquisition or transfer are detailed below.   

Stamp Duty Rates:

In Grand Turk, Salt Cay, South Caicos, Middle Caicos, North Caicos:

– 5% or $5 for every $100 where the amount or value is consideration is $25k-100k

– 6.5% or $6.50 for every $100 where the amount or value in consideration is greater than $100k

Elsewhere in the Turks and Caicos:

– 6.5% or $6.50 for every $100 where the amount or value is consideration is $25k-250k

– 8% or $8 for every $100 where the amount or value is consideration is $250k-500k

– 10% or $10 for every $100 where the amount or value is consideration is greater than $500k

Whether you are buying or selling a luxury condo or home in the Islands, having an experienced legal advisor by your side is essential. Contact me today to schedule a consultation and take the first step toward a successful luxury real estate transaction.