Caribbean & Atlantic
Turks and Caicos Islands: tax at a glance
No income, corporate, capital gains, property or inheritance tax. The government is funded instead by import duties, stamp duty on land and tourism levies.
No personal income tax
Last verified
Ways to relocate to Turks and Caicos Islands
The residency and citizenship routes that lead here, weighed against the tax picture above.
The taxes
- Personal income (top)
- 0%No personal income tax.
- Corporate income
- 0%
- Capital gains
- None
- VAT
- None
- Dividends (WHT)
- None
- Interest (WHT)
- None
- Royalties (WHT)
- None
- Social security (employee)
- About 4.25% for National Insurance, plus about 3% for National Health Insurance.
- Social security (employer)
- About 6% for National Insurance, plus about 3% for National Health Insurance.
- Wealth tax
- None
- Inheritance / estate
- None
- Property tax
- None, though stamp duty on land transfers runs up to 10%.
- Other
- Import duties, a hotel and tourism tax, and NHIP contributions.
How the system works
- Tax system
- No personal income tax
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Participating
A special regime for new arrivals
None. Revenue is raised through import duty, stamp duty on property conveyance, which is graduated and runs up to 10% on higher-value Providenciales property, plus accommodation tax and licence fees
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.