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Times of the Islands Summer 2020

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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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. Practically<br />

all consumer goods and foodstuffs 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 in <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 />

Churches<br />

Churches are <strong>the</strong> center <strong>of</strong> community life and <strong>the</strong>re<br />

are many faiths represented in <strong>the</strong> <strong>Islands</strong> including:<br />

Adventist, Anglican, Assembly <strong>of</strong> God, Baha’i, Baptist,<br />

Catholic, Church <strong>of</strong> God, Episcopal, Jehovah’s Witnesses,<br />

Methodist and Pentecostal. Visitors are always welcome.<br />

Pets<br />

Incoming pets must have an import permit, veterinary<br />

health certificate, vaccination certificate, and lab test<br />

results to be submitted at <strong>the</strong> port <strong>of</strong> entry to obtain<br />

clearance from <strong>the</strong> TCI Department <strong>of</strong> Agriculture, Animal<br />

Health Services.<br />

National symbols<br />

The National Bird is <strong>the</strong> Brown pelican (Pelecanus occidentalis).<br />

The National Plant is Island hea<strong>the</strong>r (Limonium<br />

bahamense) found nowhere else in <strong>the</strong> world. The<br />

National Tree is <strong>the</strong> Caribbean pine (Pinus caribaea var.<br />

bahamensis). The National Costume consists <strong>of</strong> white cot-<br />

102 www.timespub.tc

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