With one of the longest coral reefs in the world, the Turks and Caicos Islands have always been considered for those with an interest in diving and also with those with a penchant for luxury. As an offshore jurisdiction, the islands also offer professionals the chance to progress in their career whilst experiencing an altogether different work-life balance.
The Turks and Caicos Islands are British Overseas Territories consisting of two groups of islands in the West Indies. The islands consist of eight main islands and more than 20 smaller ones and are 914 km from Miami, USA. Cockburn Town is the capital. Flight duration from the UK is approximately 12 hours flying into Providenciales International Airport via a USA airport.
The islands are usually sunny and dry but as with all islands in this proximity, will go through an annual hurricane season. Between June and October the temperature range between 85°F and 90°F (29°C to 32°C), dropping only a few degrees in winter. On average the islands have 350 days of sunshine a year.
As a British territory Queen Elizabeth II is the sovereign and she appoints the governor who enlists a Head of Government. The judicial branch of government is headed up by a Supreme Court. The economy of the Turks and Caicos Islands is based on tourism and offshore financial services.
Living and working in the Turks and Caicos Islands
Characteristically, the Turks and Caicos Islands offer its professionals the opportunity to work in smaller teams than they are used to. Becoming integral to the business they join, they will also work closely with their clients in an environment where they will be treated as a valued member of the team. Due to the size of the Islands, commuting distances are negligible which mean there is more time to enjoy outside work pursuits. Cricket is a popular pastime.
Salaries are uniformly high and with the favourable tax position UK and US professionals are roughly 50% better off in real terms. Professionals from Canada, Australia and other commonwealth countries could find themselves earning three or four times their current salaries. Relocation expenses and temporary accommodation and transport are also included as standard in most packages.