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Times of the Islands Spring 2019

Presents the "soul of the Turks & Caicos Islands" with in-depth features about local people, culture, history, environment, businesses, resorts, restaurants and activities.

Presents the "soul of the Turks & Caicos Islands" with in-depth features about local people, culture, history, environment, businesses, resorts, restaurants and activities.

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Island Auto_Layout 1 12/12/17 12:49 PM Page 1<br />

granted to those <strong>of</strong>fering skills, experience, and qualifications<br />

not widely available on <strong>the</strong> <strong>Islands</strong>. Priority is given<br />

to enterprises that will provide employment and training<br />

for T&C Islanders.<br />

ISLAND AUTO RENTALS<br />

Government/Legal system<br />

TCI is a British Crown colony. There is a Queen-appointed<br />

Governor, HE Dr. John Freeman. He presides over an executive<br />

council formed by <strong>the</strong> elected local government.<br />

Lady Sharlene Cartwright-Robinson is <strong>the</strong> country’s first<br />

woman premier, leading a majority People’s Democratic<br />

Movement (PDM) House <strong>of</strong> Assembly.<br />

The legal system is based upon English Common<br />

Law and administered by a resident Chief Justice, Chief<br />

Magistrate, and Deputy Magistrates. Judges <strong>of</strong> <strong>the</strong> Court<br />

<strong>of</strong> Appeal visit <strong>the</strong> <strong>Islands</strong> twice a year and <strong>the</strong>re is a final<br />

Right <strong>of</strong> Appeal to Her Majesty’s Privy Council in London.<br />

Taxes<br />

There are currently no direct taxes on ei<strong>the</strong>r income<br />

or capital for individuals or companies. There are no<br />

exchange controls. Indirect taxation comprises customs<br />

duties and fees, stamp duty, taxes on accommodations,<br />

restaurants, vehicle rentals, o<strong>the</strong>r services and gasoline,<br />

as well as business license fees and departure taxes.<br />

Economy<br />

Historically, TCI’s economy relied on <strong>the</strong> export <strong>of</strong> salt.<br />

Currently, tourism, <strong>the</strong> <strong>of</strong>fshore finance industry, and<br />

fishing generate <strong>the</strong> most private sector income. The<br />

<strong>Islands</strong>’ main exports are lobster and conch, with <strong>the</strong><br />

world’s first commercial conch farm once operating on<br />

Providenciales. Practically all consumer goods and foodstuffs<br />

are imported.<br />

The Turks & Caicos <strong>Islands</strong> are recognised as an<br />

important <strong>of</strong>fshore financial centre, <strong>of</strong>fering services<br />

such as company formation, <strong>of</strong>fshore insurance, banking,<br />

trusts, limited partnerships, and limited life companies.<br />

The Financial Services Commission regulates <strong>the</strong> industry<br />

and spearheads <strong>the</strong> development <strong>of</strong> <strong>of</strong>fshore legislation.<br />

People<br />

Citizens <strong>of</strong> <strong>the</strong> Turks & Caicos <strong>Islands</strong> are termed<br />

“Belongers” and are primarily descendants <strong>of</strong> African<br />

slaves who were brought to <strong>the</strong> <strong>Islands</strong> to work on <strong>the</strong><br />

salt ponds and cotton plantations. The country’s large<br />

expatriate population includes Canadians, Americans,<br />

Brits and Europeans, along with Haitians, Jamaicans,<br />

Dominicans, Bahamians, Indians, and Filipinos.<br />

For Quality & Reliable Service<br />

& Competitive Prices<br />

The Cruise Center, Grand Turk<br />

Neville Adams<br />

Tel: (649) 946-2042<br />

Cell: (649) 232-0933 or (649) 231-4214<br />

Email: nevilleadams@hotmail.com<br />

Providenciales<br />

Levoi Marshall<br />

Cell: (649) 441-6737<br />

Email: levoimarshall86@gmail.com<br />

Web: islandautorentalstci.com<br />

urgent care • family medicine<br />

URGENT CARE<br />

WALK-IN CLINIC<br />

AND WELLNESS CENTRE<br />

• • •<br />

(649) 941-5252<br />

on site pharmacy<br />

located adjacent graceway gourmet<br />

Focused on <strong>the</strong> patient<br />

The way medicine should be practiced<br />

<strong>Times</strong> <strong>of</strong> <strong>the</strong> <strong>Islands</strong> <strong>Spring</strong> <strong>2019</strong> 75

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