Turks And Caicos Executive Summary

The legal system in Turks and Caicos is based on English common law, with certain adaptations to local circumstances. This summary provides an overview of the legal framework and key aspects of conducting business in the Turks and Caicos Islands.

The Turks and Caicos Islands (“TCI”) is a British Overseas Territory (“BOT”) situated south of the Bahamas and approximately 500 miles southeast of Miami. TCI's language is English, and the official currency is the United States dollar. TCI is known as an offshore jurisdiction and financial centre. The legal system of TCI is based on English common law with local statutes and some UK statutes extended to apply specifically to TCI. TCI has a codified constitution, a Supreme Court (court of the first instance) and a Court of Appeal. The Judicial Committee of the Privy Council remains TCI's final appellate court.