Turks & Caicos Property tax slashed by up to 75%
The TCI Government has reduced Stamp Duty, the only property tax here, by up to 75% . As part of the Turks and Caicos Islands Government's ongoing Stimulus Package they have now announced that purchasers will be in a position to take advantage of a significant reduction in Stamp Duty (the only property tax in the Turks & Caicos) . - 75% reduction of stamp duty on the transfer of property valued up to $2 million, made between 22nd September to 20th October 2020 - 50% reduction of stamp duty on the transfer of property valued up to $2 million, made between 21st October to 20th November 2020 - 25% reduction of stamp duty on the transfer of property valued up to $2 million, made between 21st November 2020 to 20th December 2020 The Stamp Duty reduction is subject to conditions and elligibility consideration by the Turks and Caicos Government. Please contact me for further details.