Topic: Is Turks & Caicos Islands a libertarian country? (Read 908 times)
Looks like a great place, except for hurricane season.
Just curious about how much control Britain has over Turks & Caicos, do they have their own laws or the laws of Britain?
Yes... they have their own laws there. For the most part they are independent. The British rule is more or less nominal.
Just curious about how much control Britain has over Turks & Caicos, do they have their own laws or the laws of Britain?
They have their own tax rules. But foreign affairs.etc is controlled by the UK.
Turks & Caicos is a British colony and the Queen is the head of the state. So I don't want to label it as a Libertarian country.
Just curious about how much control Britain has over Turks & Caicos, do they have their own laws or the laws of Britain?
Turks & Caicos is a British colony and the Queen is the head of the state. So I don't want to label it as a Libertarian country.
I have been researching Turks & Caicos and economically they are excellent:
NO INCOME TAX
NO REAL ESTATE TAX
NO CAPITAL GAINS TAX OR CAPITAL TRANSFER TAX
NO VALUE ADDED TAX
NO ESTATE DUTY TAX OR INHERITANCE TAX
NO GIFT TAX
NO LAND TAX
NO WITHHOLDING TAX
NO TAX TREATIES AND THEREFORE NO EXCHANGE OF INFORMATION WITH FOREIGN COUNTRIES
NO EXCHANGE CONTROLS, NO RESTRICTION ON HOW MUCH CAN BE BROUGHT IN OR OUT OF THE COUNTRY
ECONOMICALLY & POLITICALLY STABLE
STRICT SECRECY LAWS
EXCELLENT COMMUNICATIONS SYSTEM
LAWS CONDUCIVE TO CONDUCTING BUSINESS IN A TAX FREE ENVIRONMENT
====
I have not been able to find many references to social laws (prostitution, gambling, drugs, etc).
Seems fairly libertarian. What do you think?
NO INCOME TAX
NO REAL ESTATE TAX
NO CAPITAL GAINS TAX OR CAPITAL TRANSFER TAX
NO VALUE ADDED TAX
NO ESTATE DUTY TAX OR INHERITANCE TAX
NO GIFT TAX
NO LAND TAX
NO WITHHOLDING TAX
NO TAX TREATIES AND THEREFORE NO EXCHANGE OF INFORMATION WITH FOREIGN COUNTRIES
NO EXCHANGE CONTROLS, NO RESTRICTION ON HOW MUCH CAN BE BROUGHT IN OR OUT OF THE COUNTRY
ECONOMICALLY & POLITICALLY STABLE
STRICT SECRECY LAWS
EXCELLENT COMMUNICATIONS SYSTEM
LAWS CONDUCIVE TO CONDUCTING BUSINESS IN A TAX FREE ENVIRONMENT
====
I have not been able to find many references to social laws (prostitution, gambling, drugs, etc).
Seems fairly libertarian. What do you think?
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