Legal market overview in Turks And Caicos Islands

In the Turks & Caicos Islands (TCI), the tourism resurgence following the coronavirus pandemic has returned the industry to pre-pandemic levels, with real estate and infrastructure projects back in full swing as developers invest in resorts and hotel developments. High-net-worth individuals also continue to flock to the jurisdiction, with luxury villa and condo purchases driving the residential real estate market to notable highs.

The territory is also primed for a boost to its financial services sector, leveraging its zero direct tax approach and stable regulatory landscape, which is increasingly attracting international investors.

Firms also anticipate a notable increase in oil and gas mandates, with several firms preparing for a wave of work stemming from nearby countries following the discovery of oil off the Suriname and Guyana coast.

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