Turks & Caicos Islands Real Estate Winter/Spring 2019/20

The longest established legal practice
in the Turks & Caicos Islands
Real Estate Investments & Property Development
Immigration, Residency & Business Licensing
Company & Commercial Law
Trusts & Estate Planning
Banking & Insurance
1 Caribbean Place, P.O. Box 97, Leeward Highway,
Providenciales, Turks & Caicos Islands, BWI
Ph: 649 946 4344 • Fax: 649 946 4564
E-Mail: info@dempseyandcompany.com
Cockburn House, P.O. Box 70, Market Street,
Grand Turk, Turks & Caicos Islands, BWI
Ph: 649 946 2245 • Fax: 649 946 2758
E-Mail: ffdlawco@tciway.tc
L egal
services for domestic and
international clients,
Company and Commercial law,
Banking and Insurance law, Trust law,
Litigation, Property and Tourism,
International Trade
and Finance.
m
Richmond House
Post Office Box 127
Providenciales
Turks & Caicos Islands
British West Indies
Tel: 649 946 4732
Fax: 649 946 4734
E-Mail: misick@tciway.tc
Web: www.misickstanbrook.tc
A branch of the “World of
Hyatt,” Andaz is another international
brand that has entered the
Turks & Caicos marketplace as its
flagship property. These vibrant, boutique
lifestyle hotels are designed to
fuel creativity and encourage guests’
desire to connect with meaningful
local art, culture and people. What
could be more appropriate?
In fact, in late October 2019, the
Islands celebrated their rich musical
heritage at the first Musicians of the
Turks & Caicos Islands (MOTTAC)
Music Festival. The jam-packed
line-up saw more than 20 solo and
group performers from across the
Islands serenading the crowd with a
blend of traditional and contemporary
music.
In mid-November 2019,
the inaugural Turks & Caicos
International Film Festival focused
on climate change as well as encouraging
young local filmmakers with an
open submission process. It also sent
the message the TCI is open for the
film business, and puts the country on
the map for Hollywood.
According to Savills World
Research, branded residences have
been around for more than a century,
but only in the last two decades
has the sector really taken off. As
globally-mobile, high-net-worth
populations rise, these cash-rich,
time-poor, brand-conscious persons
are attracted by quality design, security
and the high levels of service
branded residences offer. Developers
have come to recognize the value-add
of a brand in a competitive global
marketplace. Owners benefit from
superior services and amenities, a
prestigious “trophy home,” and good
investment potential and income
returns.
In the Caribbean, the top three
branded residences are Four Seasons,
24 Turks & Caicos Islands Real Estate – The Official Magazine of the Turks & Caicos Real Estate Association