About Turks & Caicos
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The Turks and Caicos Islands is a British overseas territory in the North Atlantic. It consists of eight major islands and more than 30 small cays. The exceptionally clear turquoise waters that flow in the shallow banks of its many islands have made the archipelago a world-renowned tourist destination.
General Information
The islands are about 600 miles southeast of Miami and are home to an international airport on the main island Providenciales. The airport welcomes direct flights from the United Kingdom, Canada and the United States. Development in the Turks and Caicos Islands took off in the 1980s and late 90s, thanks to American, Canadian, and British investments in offshore banking, business and tourism. Today, about 50,000 people live here. Most of this development has happened on Providenciales, the most populated island with around 30,000 inhabitants.
Turks & Caicos History
Development in the Turks and Caicos Islands took off in the 1980s and late 90s, thanks to American, Canadian, and British investments in offshore banking, business and tourism. Today, about 50,000 people live here. Most of this development has happened on Providenciales, the most populated island with around 30,000 inhabitants.
General Information
The islands are about 600 miles southeast of Miami and are home to an international airport on the main island Providenciales. The airport welcomes direct flights from the United Kingdom, Canada and the United States. Development in the Turks and Caicos Islands took off in the 1980s and late 90s, thanks to American, Canadian, and British investments in offshore banking, business and tourism. Today, about 50,000 people live here. Most of this development has happened on Providenciales, the most populated island with around 30,000 inhabitants.
Turks & Caicos History
Development in the Turks and Caicos Islands took off in the 1980s and late 90s, thanks to American, Canadian, and British investments in offshore banking, business and tourism. Today, about 50,000 people live here. Most of this development has happened on Providenciales, the most populated island with around 30,000 inhabitants.
Climate
The Turks and Caicos enjoys some of the best weather in the region. Its climate is dry, sunny and hot. Temperature varies seasonally, but you can generally expect the heat to range from 85° to 90°F (or 29° to 32°C). The persistent trade winds that blow from east to west year-round keep residents comfortable in the heat and make for great kiteboarding and windsurfing conditions.
While hurricanes aren’t all too common, they are a risk that locals prepare for annually. The Atlantic hurricane season runs from June 1st to November 30th each year. Historically, the islands have sustained relatively little damage compared to other Caribbean countries during storms thanks to their high bar for construction—developments must be built to withstand Category 5 damage.
Currency & Banking
The official currency of the islands is the US dollar. Historically, tourism and offshore banking have been the largest industries in the islands thanks to the Turks and Caicos’ reputation as a tax haven, with the government keen to grow the financial services sector in years to come. Turks and Caicos is home to several banks, but the largest are Scotiabank, Royal Bank of Canada, and the Turks and Caicos Banking Company. CIBC First Caribbean Bank and British Caribbean Bank also have a presence here.
Schooling
Education in the Turks and Caicos Islands follows the British school system. Providenciales is home to a handful of private primary schools—among them The International School in Leeward—and one private high school, British West Indies Collegiate. Class sizes here tend to be small to foster a better academic experience.
Language
Given that the islands are under British rule, English is the language of operation here. A growing Dominican and Haitian population means that Spanish and Creole are becoming more widely spoken.
Government & Economy
The Turks and Caicos Islands belongs to the Commonwealth. As such, it is a monarchy, and King Charles is its official head of state. Island affairs, however, are governed by a locally elected government helmed by a premier (sometimes called the chief minister) and cabinet ministers. Elections are held every four years.
The Turks and Caicos Islands economy is primarily based on hospitality and tourism.
Taxes
There is no income tax, capital gains tax, or property tax in Turks and Caicos.