Buying Property in the Turks and Caicos Islands.

Our experienced Sales Executives will guide you through the entire  process:

A Preliminary Agreement or Heads of Agreement offer form will be prepared by the agent.  This document will outline the price and basic terms and conditions of the deal.  Both the buyer and seller will sign, accepting the terms proposed in order to complete the transaction.

The buyer and seller will each hire a local Attorney to represent and guide them through the due diligence period.  Along with the Sales Executive, the attorney will work with the buyer and seller in order to remove any subjects and conditions contained in the original offer form and prepare the final Purchase and Sale Agreement.

A security deposit of 10 percent of the agreed sale price will be paid by the buyer and held “In Trust” by the Attorney.  A valid copy of the buyers Passport and Driver’s License is required.  A client information form will be completed by the buyer.

Your Attorney will contact you once all conditions are removed, terms are met and the final Purchase & Sale and transfer of ownership documents are ready for signature.  The balance of funds to complete the sale are then due.

Once the final set of documents are signed and exchanged, and the applicable forms filed at the Land Registry, the one-time stamp duty tax is paid, the property will be registered and the ownership will transfer.  The conveyancing period may take several weeks to complete.  The costs will vary depending on the complexity of the transaction.

Buying a Condominium

Our Sales Executives are happy to represent you with the purchase of any condominium in the Turks and Caicos Islands.

Prices for condos range from just under $500,000 USD up to several million dollars depending on the resort, its location and amenities.  If you would like to know more about the condo developments in TCI please visit our Resorts and Developments section – the “tab” is at the top of the page.  Here you will find details and pictures of each property.


We are happy to announce that there are no annual property taxes levied on property in the Turks and Caicos.

Closing Costs

When buying a property, the following cost may be incurred by the Buyer.  These costs are determined by the selling price.  The costs vary but are typically as follows:

  • Stamp Duty, a one time tax paid at closing (rates charged from 5%);
  • Attorney fees – approximately 2% of the selling price, plus disbursements;
  • Bank Fees (where financing is required) up to 3% of the selling price, plus disbursements such as survey and appraisal or inspection report costs.

If you have any questions about buying real estate in the TCI please don’t hesitate to contact us, one of our experiences Sales Executives will be more than happy to answer any questions you may have.

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