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Author Topic: Is Turks & Caicos Islands a libertarian country?  (Read 887 times)
Elwar (OP)
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April 11, 2014, 08:56:22 AM
 #1

I have been researching Turks & Caicos and economically they are excellent:
 NO INCOME TAX

 NO REAL ESTATE TAX

 NO CAPITAL GAINS TAX OR CAPITAL TRANSFER TAX

 NO VALUE ADDED TAX

 NO ESTATE DUTY TAX OR INHERITANCE TAX

 NO GIFT TAX

 NO LAND TAX

 NO WITHHOLDING TAX

 NO TAX TREATIES AND THEREFORE NO EXCHANGE OF INFORMATION WITH FOREIGN COUNTRIES

 NO EXCHANGE CONTROLS, NO RESTRICTION ON HOW MUCH CAN BE BROUGHT IN OR OUT OF THE COUNTRY

 ECONOMICALLY & POLITICALLY STABLE

 STRICT SECRECY LAWS

 EXCELLENT COMMUNICATIONS SYSTEM

 LAWS CONDUCIVE TO CONDUCTING BUSINESS IN A TAX FREE ENVIRONMENT

====
I have not been able to find many references to social laws (prostitution, gambling, drugs, etc).

Seems fairly libertarian. What do you think?

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April 11, 2014, 09:17:06 AM
 #2

Turks & Caicos is a British colony and the Queen is the head of the state. So I don't want to label it as a Libertarian country.
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April 12, 2014, 04:13:07 AM
 #3

Turks & Caicos is a British colony and the Queen is the head of the state. So I don't want to label it as a Libertarian country.

Just curious about how much control Britain has over Turks & Caicos, do they have their own laws or the laws of Britain?

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Sithara007
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April 12, 2014, 04:30:38 AM
 #4

Just curious about how much control Britain has over Turks & Caicos, do they have their own laws or the laws of Britain?

They have their own tax rules. But foreign affairs.etc is controlled by the UK.

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April 12, 2014, 05:19:50 AM
 #5

Just curious about how much control Britain has over Turks & Caicos, do they have their own laws or the laws of Britain?

Yes... they have their own laws there. For the most part they are independent. The British rule is more or less nominal.
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April 12, 2014, 05:33:29 AM
 #6

Looks like a great place, except for hurricane season.


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