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COMMERCIAL PROPERTIESProperties including hotels and restaurants, prime commercial property situated on the main road in Providenciales, Leeward Highway and even Crown Land deemed ready for development are some of the listings we have to offer you. See commercial property listings here. TCI is a zero tax jurisdiction, with NO income taxes, NO corporate taxes, NO property taxes, NO capital gains taxes, NO inheritance or estate taxes, NO exchange controls and guarantees of NO taxes available.This makes the islands an ideal location to base a corporation. Corporate returns on investment are substantially enhanced by this zero tax environment. TCI Exempted Companies, used when the primary business activity occurs outside TCI, are the basis of most offshore structures. Some examples of their use include Holding Companies, Offshore Trading Companies, Bulk Purchasing Companies and Leasing Companies. BUSINESS OPPORTUNITYReal Estate Investment in the TCI is based on the Torrens Land Registry System, with title to land guaranteed by the Crown. The Register, which is available for public inspection, discloses all relevant information. Once a person or corporation is registered as owner with absolute title, a purchaser need not make any inquiry into prior title. No government consents are required in registering title and there is no restriction on foreign property ownership. There is a land transfer tax of 0 to 3% based on property value in lesser developed islands and 0 to 9.75% on Providenciales. There are NO taxes imposed in connection with the ownership, development or disposal of land in TCI. Individuals who invest a certain amount in a home or business may acquire a Permanent Residency Certificate without the right to work with no residency requirement. The investments must be at least $250,000 in Providenciales and $125,000 in the lesser developed Islands. PRCs may be issued for select investments as low as $50,000 on the less-developed Islands Ever considered investing in a small, open and dynamic economy? Thinking about starting a new business in TCI? TCInvest is established to assist investment and business growth in the TCI. Visit their web site: http://www.tcinvest.tc/ |
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