Business

There’s A New Kid In Town By Hugh G. O’Neill, Hugh G. O’Neill & Co. Times of the Islands readers will be familiar with previous articles on “bush” medicine practiced in the Islands over the decades. The Turks & Caicos boast a rich oral history and tradition personified in the tales of such Islanders as Leon Godet ...

A formal association between the Turks & Caicos and Canada could be possible. Story & Photos by Steve Rennie Each winter, thousands of Canadians flee from their igloos to the sandy beaches and warm breezes of the Caribbean. In the process, they spend an estimated $30 million in the region, money that many Canadian politicians feel could ...

By Charles Dargie, Silk Road Ltd. Viatical and life settlements have been gaining significance over the last ten years, but many people know little about them. Essentially, they involve a seller of a life insurance policy and a purchaser or investor. The transaction is unusual in that it is more than just a commercial deal. There ...

High Speed Internet service speeds up life in the Islands By Kathy Borsuk We all know how much the Internet has expanded and streamlined our lives. On an isolated island chain like the Turks & Caicos, its effects are magnified. Consider that as few as 25 years ago, the only way to “chat” with a friend in ...

of the Turks & Caicos Islands By Gary Brough, KPMG When KPMG opened our office in the Turks & Caicos Islands (TCI) in September, 1990, TCI was very different from the country we know today. There was only one direct commercial flight into the country — Pan-Am flying from Miami. There were only seven miles of paved ...

Absolutely, with Offshore Variable Annunities By Mark Smallwood, TEP, Smallwood Insurance Company Ltd. In the last few years, the offshore financial sector has been undergoing dramatic changes. The Turks & Caicos Islands (TCI), albeit a relatively small boutique financial jurisdiction, has been playing its part in introducing a braod array of laws and regulations to ensure a ...

Growing Your Business in the TCI By Jeanne McClellan, Norwani Services Ltd. The Turks & Caicos Islands are changing at an astonishing speed. Ten years ago, driving from Leeward to Blue Hills was an easy trip. Today, that trip is not so easy — the number of cars and trucks on a road that is undergoing major ...

of the Election Process By Norman B. Saunders Jr., Saunders & Co. Democracy has never been the cheapest form of government and it always requires assistance to function well. This article looks at certain aspects of the legislative framework upon which our democracy stands. The legislation that is relevant to the Turks & Caicos Islands people’s exercise of ...

In The Turks & Caicos Islands By Tim Prudhoe, McLeans International Attorneys. No right-minded client comes to these beautiful Islands with the intention of becoming a party to litigation. The Turks & Caicos Islands are no different than the rest of the world –in that everyone hates the litigation attorneys . . . until, that is, they ...

Absolutely, with Offshore Variable Annunities By Mark Smallwood, TEP, Smallwood Insurance Company Ltd. In the last few years, the offshore financial sector has been undergoing dramatic changes. The Turks & Caicos Islands (TCI), albeit a relatively small boutique financial jurisdiction, has been playing its part in introducing a braod array of laws and regulations to ensure a ...

Tech Stocks Out–Bonds and Gold In? By Terry McKolskey, Noble Securities Ltd. Remember the anticipation as the year 2000 approached? It seemed that we all expected something spectacular, but alas, it turned out to be just another birthday for Mother Earth . . . Or was it? Whereas none of the widely forecast catastrophic events occurred, it may ...

Story & Photos by Kathy Borsuk “Do you have what it takes to be a boat owner?” was a tongue-in-cheek quiz I read in a popular boating magazine. Pointing out that taking care of a boat isn’t always smooth sailing, it was easy to draw the conclusion that it is better to be close friends with ...

Turks & Caicos Banking Company Ltd. By Kathy Borsuk ~ Photos Courtesy Anton Faessler In 1852, cast iron pieces for the Grand Turk lighthouse were shipped from England and assembled in the Turks & Caicos Islands. To this day, the lighthouse stands guard on North East Point, sending its beacon to protect seafarers from potential disaster on ...

By Noah Houghton, CPA, Paradigm Financial Group Erosion of privacy has given rise to an outcry from civil rights organizations across the globe. Rapid advances in technology and extensive government monitoring have paved the way for the demise of this once undeniable civil right. NOTHING TO HIDE? The majority of people are law-abiding citizens with nothing to hide. ...

Ambergris Cay What are the rarest natural treasures in the world? Gems or precious metals may come to mind, but they are abundant compared to tropical islands–especially those not spoiled by generations of habitation or, more recently, over development. Rarest of all are those in private hands. One of the very last of such jewels, and surely ...