Business

  • Procedural Integrity June 1, 2003 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 ... Read more about this post
  • Litigation Considerations April 1, 2003 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 ... Read more about this post
  • Positive Returns January 1, 2003 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 ... Read more about this post
  • Changing Times: September 1, 2002 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 ... Read more about this post
  • Making Easy Boating A Reality June 1, 2002 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 ... Read more about this post
  • Taking Part In History June 1, 2002 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 ... Read more about this post
  • Privacy Matters April 1, 2002 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. ... Read more about this post
  • Getting Away From It All: April 1, 2002 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 ... Read more about this post
  • Doing It All: Al Services Ltd. January 1, 2002 Story & Photos by Kathy Borsuk Although the name for the Turks & Caicos’ newest freight services company actually comes from a childhood nickname for its managing director, McAllister Hanchell, “Al Services Ltd.” accurately describes the concept that sets it apart. McAllister, best known these days as “Piper,” explains what makes AlServ so special, “In a ... Read more about this post
  • Funds For All Seasons January 1, 2002 By Mark Smallwood, TEP, Smallwood Trust Co., Ltd. After the performance of equity markets in the last year and a half, most investors might think that the definition of Alternative Investment Management might be “making money.” Certainly, the last year has seen a wild ride in markets, particularly the NASDAQ in the United States, and the ease ... Read more about this post
  • Opening A World Of Opportunity September 1, 2001 The Alexandra Resort By Kathy Borsuk Besides occupying a prime site on world-acclaimed Grace Bay Beach, The Alexandra Resort & Spa holds the distinction of being the first and only “vacation ownership” (or timeshare) resort in the Turks & Caicos Islands. Currently under construction with the first oceanfront building due to open in early November, Director of ... Read more about this post
  • Clear Blue Caribbean Waters September 1, 2001 Is That What They Mean by Transparency? By Ron McFadyen, CEO, Temple Trust Company Ltd. TRANSPARENCY! The latest “buzzword” in the offshore environs. What does it mean? And to whom? According to Merriam-Webster’s Dictionary, transparency derives from Medieval Latin trans- + parere, to show oneself; fine or sheer enough to be seen through; free from pretense or deceit; easily detected or ... Read more about this post
  • Quality Assurance June 1, 2001 By Kathy Borsuk Paul de Weerd has served as Superintendent of TCI’s Financial Services Commission for the past three years, steering it through a veritable blizzard of international initiatives. He remains upbeat and positive about the future of one of TCI’s most important and deep-rooted industries. He recently took time from his busy day to answer ... Read more about this post
  • Growing Up April 1, 2001 The skipper didn’t mince words as he gently guided his supersleek tour boat into the Leeward Marina dock. “This is the Wild West down here. Be careful what you pay!” John Esper, a former Canadian real estate agent, now running an operation he calls Caicos Ferry in a land he speaks of as paradise, was referring ... Read more about this post
  • I Want To Protect My Assets April 1, 2001 AND PAY NO TAXES . . . AND I’M AMERICAN! By Mark Smallwood, Smallwood & Company It had been a glorious weekend, dinner with friends on Friday night, game of golf on Saturday, and Sunday spent idling on beautiful Grace Bay beach. The warm glow of the sun seemed a distant memory as another week started, and Bob ... Read more about this post

What's Inside The Latest Edition?

On the Cover

Photographer Marta Morton took a much-anticipated trip to Salt Cay in early April, where, among some 5,000 pictures, she captured this intriguing shot of the island’s iconic donkeys. You will find more of Marta’s beautiful photography throughout this issue and atPhotographer Agile LeVin captured this magnificent shot of freediver Samantha Kildegaard, of Free Dive With Me, at Malcolm’s Road Beach on Providenciales. Agile, who grew up and currently resides in Turks & Caicos, has been turning his camera to the country’s beauty for most of his life. He, along with his brother Daniel, produce Visit TCI , a website filled with comprehensive and current information about the Islands.

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