Economy and Infrastructure

The Turks and Caicos Islands are a stable financial zone for offshore business, with company, insurance and banking systems that have developed rapidly since 1989-1990. The infrastructure is very highly developed. There is a state-of-the-art telecommunications system, including fax, telex and direct-dial telephone communications, as well as international courier services. There are frequent flights to neighbouring islands and the US and Canada.

The economy of the TCI is based tourism and the off-Shore Industry.

The currency used on the TCI is the US Dollar. There are no currency exchange controls for non-residents.