Turks and Caicos Real Estate - Stamp Duty

Stamp Duty Reduction!
The Government of Turks and Caicos Islands has just
announced a reduction in stamp duty from now, to March 31st, 2009. 

Stamp Duty Reduction Ended March 31st. We are awaiting another reduction and
will post here as soon as it is announced.

Stamp duty is a one-time tax on real estate that is due to the government each time property changes hands.
Purchasers up until now have paid 9.75% on property but now  for this limited period of time the amount
is being reduced to just 6% in Providenciales.* 

* Subject to the formalization of government amendments.