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Property Home arrow Caribbean arrow Property Caribbean South Caicos

 

Caicos Beach Club Resort and Marina

Turks and Caicos - Caribbean Apartments


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TAX FREE INVESTING:

As a British Commonwealth Nation the Turks and Caicos Islands is a Tax Haven:

•    No Corporate Income Tax on Revenue
•    No Income Tax on Revenue generated from property
•    No Capital Gain Tax on property when sold
•    No Annual Real Estate Tax
•    No Estate/Inheritance Tax
•    The British system ensures a strict legal and political environment
•    Self Invested Personal Pensions or SIPPs
•    The beaches are constantly voted Top 10 in the world by Conde Nast magazine.
•    British West Indies
•    US Dollar is first currency
•    World Class scuba diving on the third largest coral reef in the world
•    All apartments have stunning sunrise or sunset views some have both
•    All apartments are fully furnished and have fantastic ocean views
•    World class scuba diving, deep sea fishing, tennis, spa and casino
•    Planned 18 hole golf course
•    Over 1 mile of white powdered sandy beaches in a luxury location
•    Within one hour travel time of 300 million people
•    26 nights a year!!!  An unbelievable brake even point in the resort industry

 

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Now in association with “The International Property Law Centre” Grand Capital Partners are offering fully furnished beach front apartments with absolutely stunning ocean views and a 60% guaranteed mortgage.

 

 

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Professional footballer Tim Sherwood was recommended by his accountant and here is just some of what he has to say about Grand Capital partners and the Caicos Beach Club Resort and Marina……….‘I bought it through  my pension through a sipp it was easy, I did not really spend anything it call came from my pension there is no tax to pay on the income earned from the resort and I get the bank interest on gross, it’s a fantastic place and the resort is stunning, and the dollar is great value, if it drops back again I will earn another  20% just on the currency exchange.’ 


‘Over the last ten years, I have invested in UK property, built flats here as well as in southern Spain. But things have levelled off there, and there was a lull in the stock market, so we decided to try somewhere different’ he adds. I had visited the Caribbean islands, like Barbados, but had never thought to invest there. I find the rumours of crime off-putting, although I am not sure if they are true or not.’

‘I had heard of the Turks and Caicos islands but had never visited. It was my accountant who first suggested about investing in Caicos Beach Club, because he said it sounded like a sound investment. ‘So I hopped on a plane for an inspection visit with Bobby Brown from Grand Capital. Obviously, it’s not the same as popping down to Spain, the flight time is much longer, but you only go on a long haul once a year don’t you?’ ‘Without a doubt, the location is paramount. It’s paradise. You can’t help but be sold. There’s no crime, so it’s safe for my family and the kids, without any worries on that score’. However, it was the overall financial package which clinched the deal for Tim. Tim purchased a one bedroom apartment, paying a deposit of £70,000. The remainder is due on completion, expected in 2008. ‘This project also generates rental income from when it’s built. Then you have the free two weeks to use as a holiday.’ ‘I have added it to my growing portfolio and my accountant will take care of the rest’ says Tim.

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