New Stamp Duty Rates Providenciales Turks & Caicos Islands. Effective May 2010 the new stamp duty rates for purchase of Real Estate in Turks & Caicos is as follows:

The new fees apply to all islands except North Caicos, Middle Caicos, East Caicos, South Caicos, Grand Turk and Salt Cay, which are 50 percent of the following rates:

Less than $25,000—no duty.

$25,000-500,000 — 4%

3.6% — one payment

1% — four payments

$500,000-1.5 million — 6%

5.4% — one payment

1.5% — four payments

$1.5-3 million — 8%

7.2% — one payment

2% — four payments

More than $3 million —10%

9% — one payment

2.5% — four payments

Contact your Real Estate Agent today for any clarification you might require...