Turks and Caicos Islands capital gains tax: none, stamp duty on property sales
The Turks and Caicos Islands levy no personal capital gains tax, so the tax on your investment gain is zero. Shares, crypto and property alike, no income-tax or capital-gains charge exists anywhere in the Revised Laws of the Islands. What matters instead are the transaction duties: stamp duty of up to 10% on a conveyance of real estate, and an 8% transfer duty on shares in a company that holds land, both charged on value passing, never on the gain.
Verified as of 2026-09-30 against the 2021 Revised Laws of the Attorney General's Chambers, the Stamp Duty Ordinance and the Inland Revenue Department.
Current rules
Taxes on selling shares, crypto and property in Turks and Caicos Islands
What you pay when you sell
| Asset | Tax on the gain |
|---|---|
| Shares (ordinary companies) | Nothing. No capital gains charge exists in the Revised Laws |
| Crypto | Nothing on the gain |
| Property (personal investment) | Nothing on the gain |
| Selling real estate | Stamp duty on the conveyance, at the rates in the next table, charged on the price |
| Selling shares in a land holding company | Transfer duty of 8% of the dutiable value, the proportionate market value of the company's land in the Islands |
Stamp duty on a conveyance, Stamp Duty Ordinance (Cap. 19.05), Schedule 1 Head 2
| Consideration for the property | Rate |
|---|---|
| Up to $25,000, anywhere in the Islands | Nil |
| Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos, above $25,000 up to $100,000 | 5% |
| Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos, above $100,000 | 6.5% |
| Providenciales and everywhere else, above $25,000 up to $250,000 | 6.5% |
| Providenciales and everywhere else, above $250,000 up to $500,000 | 8% |
| Providenciales and everywhere else, above $500,000 | 10% |
Status Holders and British Overseas Territory Citizens, from 1 April 2022
| Purchase | Rate |
|---|---|
| Consideration up to $100,000 | Nil |
| Grand Turk, Salt Cay, South Caicos, North Caicos or Middle Caicos | 4% |
| Providenciales and everywhere else in the Islands | 6% |
Rates as of 2026-09-30; each table links back to the authority pages above.
Questions
Turks and Caicos Islands capital gains tax questions
Does the Turks and Caicos have a capital gains tax?
No. The 2021 Revised Laws of the Islands, all 246 chapters of them, contain no income-tax or capital-gains charge on individuals. The taxation chapter, chapter 19, imposes customs, stamp, transfer, passenger, tourism, excise and sales taxes, and that is the whole list. Whether you sell shares after a week or a villa after twenty years, the gain itself is not taxed.
So what does selling property cost?
Stamp duty, charged on the price the conveyance carries, not on your gain. On Providenciales the rate runs from 6.5% up to $250,000 through 8% to $500,000 to 10% above that; on Grand Turk, Salt Cay and the Caicos islands to the north and middle it is 5% between $25,000 and $100,000 and 6.5% above $100,000. Nothing is charged up to $25,000. The duty is owed whether the sale makes a gain or a loss.
What if I sell shares instead?
The gain is not taxed. One duty can bite: a transfer of shares or other equity in a land holding corporation, meaning any corporation that owns land in the Islands, pays transfer duty of 8% of the dutiable value under the Land Holding Companies (Transfer Duty) Ordinance. The dutiable value is the proportionate fair market value of the company's landed property in the Islands, so the charge follows the land value, not your profit. Shares in ordinary companies and crypto attract nothing.
Do Turks and Caicos Islanders pay the same stamp duty?
No. Since 1 April 2022, Turks and Caicos Islands Status Holders and British Overseas Territory Citizens pay 4% on purchases in Grand Turk, Salt Cay, South Caicos, North Caicos and Middle Caicos and 6% in Providenciales and everywhere else, and consideration up to $100,000 is zero-rated for them. The concession is a remission under section 32 of the Stamp Duty Ordinance, granted by the Ministry of Finance's Stamp Duty Reduction Policy.
What exactly makes the Islands a no-CGT jurisdiction?
The Turks and Caicos Islands levy no personal capital gains tax: the 2021 Revised Laws (246 chapters) contain no income-tax or capital-gains charge on individuals, and the taxation chapter (19) imposes customs, stamp, transfer, passenger, tourism, excise and sales taxes only. Source: https://www.gov.tc/agc/2021-revised-laws
What does the Inland Revenue Department say the tax system contains?
The Inland Revenue Department states there are currently five sales-type taxes in the Islands' tax system (business licence, communications tax 12%, domestic financial services sales tax 12%, hotel and tourism tax 12% and insurance premium sales tax 2.5%, alongside seaport departure tax and vehicle hire stamp duty 12%), and none of them taxes an investor's gains or income. Source: https://www.gov.tc/revenue/streams
What are the stamp duty rates on a conveyance?
What a property disposal pays instead: stamp duty on the conveyance, charged on the consideration and not on the gain. Nil where the consideration does not exceed $25,000; in Grand Turk, South Caicos, Middle Caicos, North Caicos and Salt Cay 5% where it exceeds $25,000 up to $100,000 and 6.5% above $100,000; elsewhere in the Islands (Providenciales) 6.5% up to $250,000, 8% above $250,000 up to $500,000, and 10% above $500,000. Source: Stamp Duty Ordinance (Cap. 19.05, 2021 Revised Edition), Schedule 1 Head 2, https://www.gov.tc/agc/component/edocman/19-05-stamp-duty-ordinance-2/fdocument?Itemid=9999
What is the duty on selling land holding company shares?
What a share disposal can pay: a transfer of shares or other equity in a land holding corporation, a corporation that owns land in the Islands (with leaseholds over thirty years counting as landed property), pays transfer duty of 8% of the dutiable value, which is the proportionate fair market value of the corporation's landed property in the Islands. Share and crypto disposals outside land holding corporations attract no duty and no tax. Source: Land Holding Companies (Transfer Duty) Ordinance (Cap. 19.06), section 3, https://www.gov.tc/agc/component/edocman/19-06-land-holding-companies-transfer-duty-ordinance-2/fdocument?Itemid=9999
What are the reduced rates for Status Holders and BOTCs?
From 1 April 2022, Turks and Caicos Islands Status Holders and British Overseas Territory Citizens pay reduced conveyance rates of 4% in Grand Turk, Salt Cay, South Caicos, North Caicos and Middle Caicos and 6% in Providenciales and elsewhere, with the zero-rated band lifted from $25,000 to $100,000, under the Ministry of Finance's Stamp Duty Reduction Policy (amended 25 January 2024) exercising the Minister's remission power in section 32 of the Stamp Duty Ordinance. Source: https://gov.tc/images/docs/Stamp%20Duty%20Reduction%20Policy%20Amended.pdf
Can the 8% transfer duty be waived?
From 25 August 2023 the Minister responsible for Finance may remit the 8% transfer duty on land holding company equity wholly or in part (Land Holding Companies (Transfer Duty) (Amendment) Ordinance 2023, inserting section 4A). Source: https://www.gov.tc/agc/component/edocman/15-of-2023-land-holding-companies-transfer-duty-amendment-ordinance-2023/fdocument?Itemid=9999
Have the stamp duty rates changed?
No Stamp Duty (Amendment) Ordinance or Act appears in the Attorney General's Chambers annual lists for 2024, 2025 or 2026, so the Cap. 19.05 conveyance rates stand. Source: https://www.gov.tc/agc/laws/annual