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List of
Banks in the Caribbean
List of Banks in Turks And Caicos Islands
The Turks and Caicos Islands -TCI- are a
British Overseas Territory consisting of two groups of tropical islands
in the West Indies, the larger Caicos Islands and the smaller Turks
Islands, known for tourism and as an offshore financial centre.
The Turks and Caicos Islands lie southeast of Mayaguana in the Bahamas
and north of the island of Hispaniola. Cockburn Town, the capital, is
situated about 1,042 kilometres (647 mi) east-southeast of Miami in the
United States. The islands have a total land area of 430 square
kilometres (170 sq mi). The islands are geographically contiguous to
the Bahamas, but are politically a separate entity.
The total population is about 36,000, of whom approximately 22,500 live
on Providenciales in the Caicos Islands. Cockburn Town, the capital, is
on Grand Turk Island.
In August 2009, the United Kingdom suspended the Turks and Caicos' self-government
after allegations of ministerial corruption. The prerogative of the
ministerial government and the House of Assembly are vested in the
islands' incumbent governor, Gordon Wetherell, for a period of up to two
years
Bank Of Nova Scotia
Address: Town Center Mall
Mailing Address: P.O. Box 15
Phone: (1-649) 946-4750
Fax: (1-649) 946-4755
Barclays Bank PLC
Address: Butterfield Square
Phone: (1-649) 9464245
Fax: (1-649) 946-4573
Belize Bank
Address: The Centre Mews
Mailing Address: P.O. Box 270
Phone: (1-649) 941-5028
Fax: (1-649) 941-5029
Bordier International Bank & Trust Ltd.
Address: Caribbean Place Leeward Highway
Mailing Address: P.O. Box 5
Phone: (1-649) 946-4535
Fax: (1-649) 946-4540
CIBC Bahamas Ltd.
Address: Leeward Highway
Mailing Address: P.O. Box 698
Phone: (1-649) 946-5303
Fax: (1-649) 946-5325
FirstCaribbean International Bank Ltd.
Address: Leeward Highway
Phone: (1-649) 946-2831
Fax: (1-649) 946-2695
FirstCaribbean International Bank Ltd.
Address:
Mailing Address: P. O. Box 258
Phone: (1-649) 946-2831
Fax: (1-649) 946-2695
FirstCaribbean International Bank Ltd.
Address: South Caicos
Phone: (1-649) 946-3268
Fax: (1-649) 946-3388
Turks & Caicos Banking Co Ltd.
Address: Duke St North
Mailing Address: P.O. Box 123
Phone: (1-649) 946-2368
Fax: (1-649) 946-2365
Banks - Turks and Caicos Islands
Bordier International Bank & Trust Ltd. Providenciales, (649)
946-4535, Fax (649) 946-4540
Full service bank offering international banking, corporate, offshore
investing. Offices located on Grand Turk, South Caicos and
Providenciales (649) 946-4245, Fax (649) 946-4573
Hallmark Bank & Trust Ltd Hallmark Bank & Trust Ltd. provides a wide
range of international financial services including the establishment
and administration of asset protection trusts and international
companies. Tel: 946-5524
International Banking Group (TCI) Ltd. A full service retail and
commercial bank coming to the TCI. Tel: +1 (649) 941 4424 Fax: +1 (649)
941 4475.
Grand Turk and Providenciales. Full range of retail and commercial
service. Variety of savings and loan programmes, ecommerce and corporate
services. (649) 946-4750
Private Banking: personalized, confidential, and sophisticated full-service
banking and wealth management, tailored to your needs. ph: 941-8965
Main Branch- Butterfield Square; Provo–Open Saturday’s 9AM-12PM Tel:
649-941-7500 Fax: 649-941-7501 Corporate/Business Account Branch; Regent
Village; Providenciales Now Open!
Duke Street, Grand Turk, Phone (649) 946-2368, Fax (649) 946-2365.
Caribbean Place, Providenciales, Phone (649) 941-4994, Fax (649)
941-5943
Belize Bank Providenciales
Trust Companies - Turks and Caicos Islands
Berkshire Trust Company We offer Trust Management, Investment,
Company Management and Financial services. Ph: 649 946 4324 Fx: 649 946
4354
ICSL Trust Corporation (TCI) Limited A Licensed Trust Company. Oceanic
House, Grand Turk, Turks & Caicos Islands, BWI Phone 649-946-2828 Fax
649-946-2825
M & S Trust Company One of the largest firms of lawyers practicing in
the Turks and Caicos Islands offering one of the best Trust Companies.
Trustee and Protector Services, Company Incorporation and Administration,
Mortgage Lending and Investments, Portfolio Administration Services,
Asset Management Services
Temple Trust Company Ltd. has been creating and managing offshore trust
structures since 1985. Please contact us at 649-946-5740 or email: info@templefinancialgroup.com
Specialists in the preservation of private wealth.
Albany Trustee Company (Turks & Caicos) Ltd. Bristol House, P.O. Box 171
Providenciales, Turks & Caicos Is., BWI
Anglo Swiss Trust Company Ltd. P O Box 5, Caribbean Place,
Providenciales, Turks & Caicos Is., BWI
Empower Trust Company Ltd. P O Box 597, Caribbean Place, Providenciales,
Turks & Caicos Is., BWI
First Financial Caribbean Trust Co., Ltd. P.O. Box 257,Town Centre
Building, Town Centre, Providenciales, Turks & Caicos Islands
Logberg Trust Co Ltd Chancery Court, Leeward Highway , P O Box 209 ,
Providenciales, Turks & Caicos Is., BWI
Morris Cottingham Trust Company Ltd P O Box 156, Hibiscus Square, Pond
Street , Grand Turk, Turks & Caicos Is., BWI
Trueco Trust Company Ltd. P O Box 555, Britannic House, Providenciales,
Turks & Caicos Is., BWI,
Credit Card Services - Turks and Caicos
Credit card aquisition, payments, service establishment set-up and
maintenence, card replacements, emergency check cashing and travelers
checks. Full service from Marco Travel, Providenciales.
BuildAll Direct, a builders supply company, offers a secured MasterCard
with online account access. For further information call BuildAll on
649-946-8058
Horizon Card, a MasterCard secured credit card adding security,
flexibility, access and confidentiality to your offshore assets, with
the added feature of on-line account information availability.
Money Wire Services - Turks and Caicos
Financial Products & Services in a welcoming environment where
customers feel appreciated. Western Union/Food Express/Insurance/ Cheque
Cashing/Bill Payment Butterfield Sq. Tel: 649-941-8405
MoneyGram NCS|eMoney Services offers a range of financial services,
International Money Transfers, Domestic/International Bill Payments,
International Transfers. Butterfield Sq. & Tropicana Plaza Provo (649)
946-4227.
Temple Securities Ltd. has full Money Wiring services and currency
exchange services at very competitive rates. Please contact us at
649-946-5740 or email: info@templefinancialgroup.com
Quick Cash Service on Providenciales,
Western Union Services on Providenciales & Grand Turk
History
Main article: History of the Turks and Caicos Islands
The 1852 lighthouse on Grand TurkThe Turks and Caicos Islands are named
after the indigenous Turk's Head "fez" cactus (Melocactus communis), and
the Lucayan term "caya hico", meaning string of islands. The first
inhabitants of the islands were Arawakan-speaking Taíno people who
crossed over from Hispaniola sometime from 500 to 800. Together with
Tainos who crossed over from Cuba to the southern Bahamas around the
same time, these people became the Lucayans. Around 1200 the Turks and
Caicos Islands were resettled by Classical Taínos from Hispaniola. Soon
after they arrived in the islands in 1492, the Spanish began capturing
the Taínos of the Turks and Caicos Islands and the Lucayans as slaves to
replace the largely depleted native population of Hispaniola. The
southern Bahama Islands, including the Turks and Caicos Islands, were
completely depopulated by about 1513, and remained so until the 17th
century.
The first documented European to sight the islands was Spanish
conquistador Juan Ponce de León, who did so in 1512. During the 16th,
17th and 18th centuries, the islands passed from Spanish, to French, to
British control, but none of the three powers ever established any
settlements.
For several decades around the turn of the 18th century they became
popular pirate hideouts. Bermudian salt collectors settled the Turk
Islands around 1680. In 1765–1783 they were under French occupation and
again after the French captured the archipelago in 1783. in After the
American Revolution (1775–1783) many loyalists fled to Caribbean
colonies, including (in 1783) the first settlers on the Caicos Islands;
cotton became an important crop briefly. In 1799, both the Turks and the
Caicos island groups were annexed by Britain as part of the Bahamas.
In 1841 the Trouvadore, a Spanish ship engaged in the slave trade,
wrecked off the coast of East Caicos, one of the larger Caicos Islands.
One hundred and ninety-two captive Africans survived the sinking and
made it to shore where, under British rule, the slave trade was illegal.
These survivors were apprenticed to trades for one year then settled
mostly on Grand Turk Island. An 1878 letter documents the "Trouvadore
Africans" and their descendants as constituting an essential part of the
"labouring population" on the islands. In 2004 marine archaeologists
rediscovered a wreck, called the "Black Rock Ship", that subsequent
research has suggested may be that of the Trouvadore. This suggestion
was further supported when a marine archaeology expedition funded by
NOAA in November 2008 confirmed that the wreck comprises artifacts of
which the style and date of manufacture support the association of this
wreck with that of the Trouvadore. The wreckage has, however, not been
identified with absolute certainty.
In 1848, the Turks and Caicos were declared a separate colony under a
council president. The last incumbent was maintained in 1873 when the
islands were made part of Jamaica colony; in 1894 the chief colonial
official was restyled commissioner. In 1917, Canadian Prime Minister
Robert Borden suggested that the Turks and Caicos join Canada, but this
suggestion was rejected by British Prime Minister David Lloyd George.
The islands remained a dependency of Jamaica until 1959.
On 4 July 1959, the islands were again a separate colony, the last
commissioner being restyled administrator, but the governor of Jamaica
remained the governor of the islands. Until 31 May 1962, they were one
of the constitutive parts of the Federation of the West Indies.
When Jamaica was granted independence from Britain in August 1962, the
Turks & Caicos Islands became a crown colony. From 1965, the governor of
the Bahamas was also governor of the Turks and Caicos Islands and
oversaw affairs for the islands. When the Bahamas gained independence in
1973, the Turks and Caicos received their own governor (the last
administrator was restyled). In 1974, Canadian New Democratic Party MP
Max Saltsman tried to use his Private Member's Bill to create
legislation to annex the islands to Canada, but it did not pass in the
Canadian House of Commons.
The islands have had their own government headed by a chief minister,
the first of whom was James Alexander George Smith McCartney, since
August 1976. In 1979, a move towards independence was agreed upon in
principle for 1982, but a change in government caused a policy reversal, and they instead approached the Canadian government to discuss a
possible union, but at the time the Canadian Government was embroiled in
a debate over free trade with the U.S., and little attention was paid to
the suggestion. In 2004 the Canadian province of Nova
Scotia gave an invitation to join but Canada's government said they
would look at the matter later. The islands' political
troubles in recent years have resulted in a rewritten constitution
promulgated in 2006 and a reintroduction of direct UK Government rule in
2009.
Geography
Map of the Turks and Caicos Islands.The two island groups are in the
North Atlantic Ocean, southeast of the Bahamas, north of Hispaniola, and
about 1,000 kilometres (620 mi) from Miami in the United States, at
21°45′N 71°35′W / 21.75°N 71.583°W / 21.75; -71.583. The territory is
geographically contiguous to the Bahamas, both comprising the Lucayan
Archipelago, but is politically a separate entity. The Caicos Islands
are separated by the Caicos Passage from the closest Bahamian islands,
Mayaguana and Great Inagua.
The eight main islands and more than 20 smaller islands have a total
land area of 616.3 square kilometres (238.0 sq mi), primarily of low,
flat limestone with extensive marshes and mangrove swamps and 332 square
kilometres (128 sq mi) of beach front. The weather is usually sunny and
relatively dry, but suffers frequent hurricanes. The islands have
limited natural fresh water resources; private cisterns collect
rainwater for drinking. The primary natural resources are spiny lobster,
conch and other shellfish.
The two distinct island groups are separated by the Turks Passage.
Caicos Islands
The Caicos Islands are the larger group, with almost 96 percent of the
land area (589.5 km2/227.6 sq mi) and 82 percent of the population
(26,584 out of a total of 33,302 in 2006). The Caicos Islands are
arranged around the Caicos Bank, like an atoll, with the six large
islands in the west, north and east, and a few tiny reefs and cays in
the south. The Caicos Bank itself, an underwater limestone bank, on
which the islands rest, covers an area of 6,140 km2/2,370 sq mi. The
area is made up of sand, mixed coral, algae, coral reefs and other
habitats, typically at depths of from 1 to 5 metres.
The unofficial capital of the Caicos Islands is the village of Kew on
North Caicos. There is no official capital because the island group is
not an administrative unit. The Caicos Islands encompass four of the six
administrative districts of the territory. Four of the six main islands
are inhabited, plus two of the smaller islands:
Main islands, from West to East, with population estimates of 2006:
West Caicos (uninhabited since the early 1900s)
Providenciales (main urban centre, with most of the population: 22,542)
North Caicos (population 1,895)
Middle Caicos (population 468)
East Caicos (uninhabited since the early 1900s)
South Caicos (population 1,579)
Ambergris Cay (uninhabited up until 1997)
Inhabited smaller islands, in the Caicos Cays between Providenciales and
North Caicos:
Dellis Cay (uninhabited up until 2007, Will host a Mandarin Oriental
Hotel in 2010)
Pine Cay (tourist resort, population 30)
Parrot Cay (tourist resort, population 100)
The Caicos Islands make up four of the six districts of the territory.
North, Middle and East Caicos Islands was designated a Ramsar site of
the Ramsar List of Wetlands of International Importance on 27 June 1990.
The Turks Islands, of which the largest are Grand Turk (north of center)
and Salt Cay (lower left).Turks Islands
The Turks Islands are separated from the Caicos Islands by Turks Island
Passage which is more than 2,200 m/7,200 ft deep), The islands form
a chain that stretches north–south. The estimated population is 5,753 on
the two main islands, the only inhabited islands of the group:
Grand Turk (with the capital of the territory, area 17.39 km2 (6.71 sq
mi) , population 5,567)
Salt Cay (area 6.74 km2 (2.60 sq mi) , population 186)
Together with nearby islands, all on Turks Bank, those two main islands
form the two of the six administrative districts of the territory that
fall within the Turks Islands. Turks Bank, which is smaller than Caicos
Bank, has a total area of about 324 km2 (125 sq mi) .
Mouchoir Bank
25 kilometres (16 mi) east of the Turks Islands and separated from them
by Mouchoir Passage is the Mouchoir Bank. Although it has no emergent
cays or islets, some parts are very shallow and the water breaks on them.
Mouchoir Bank is part of the Turks and Caicos Islands and falls within
its Exclusive Economic Zone. It measures 960 square kilometres (370 sq
mi) in area . Two banks further east, Silver Bank and Navidad Bank,
are geographically a continuation, but belong politically to the
Dominican Republic.
Administrative divisions
Main article: Districts of the Turks and Caicos Islands
The Turks and Caicos Islands are divided into six administrative
districts (two in the Turks Islands and four in the Caicos Islands),
headed by district commissioners. For the House of Assembly, the Turks
and Caicos Islands are divided into 15 electoral districts (four in the
Turks Islands and eleven in the Caicos Islands).
Climate
Turks and Caicos Islands features a tropical monsoon climate with
relatively consistent temperatures throughout the course of the year.
Summertime temperatures rarely exceed 92 degrees Fahrenheit (33 degrees
Celsius) and the winter months have daytime temperatures between 68 and
80 °F (20 and 27 °C), rarely falling below 50 °F (10 °C).
Climate data for Turks and Caicos Islands
Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
Average high °C (°F) 22.0
Politics
A street in Cockburn Town, the capital of the Turks and Caicos
Islands.Main article: Politics of the Turks and Caicos Islands
The Turks and Caicos Islands are a British Overseas Territory, a
possession of the United Kingdom currently ruled directly by a British-appointed
governor. Its autonomous system of government was suspended in August
2009. The United Nations Committee on Decolonisation includes the
territory on the United Nations list of Non-Self-Governing Territories.
With the election of the territory's first Chief Minister, J.A.G.S.
McCartney, the islands adopted a constitution on 30 August 1976, which
is Constitution Day, the national holiday. The constitution was
suspended in 1986, but restored and revised 5 March 1988. A new
constitution came into force on 9 August 2006, but was in parts
suspended and amended in 2009. The territory's legal system is based on
English common law, with a small number of laws adopted from Jamaica and
the Bahamas. Suffrage is universal for those over 18 years of age.
English is the official language. Grand Turk is the administrative and
political capital of the Turks and Caicos Islands and Cockburn Town has
been the seat of government since 1766.
As a British territory, Queen Elizabeth II of the United Kingdom is the
sovereign, represented by a governor appointed by the monarch, on the
advice of the Foreign Office.
Under the suspended constitution, the head of government was the
premier, appointed by the governor. The cabinet consisted of three ex
officio members and five appointed by the governor from among the
members of the House of Assembly. The unicameral House of Assembly
consisted of 21 seats, of which 15 are popularly elected; members serve
four-year terms. Elections in the Turks and Caicos Islands were held on
24 April 2003 and again on 9 February 2007. The Progressive National
Party, led by Galmo Williams, held thirteen seats, and the People's
Democratic Movement, led by Floyd Seymour, held two seats.
The judicial branch of government is headed by a Supreme Court and
appeals are heard by the court of appeals and final appeals by the
Judicial Committee of the Privy Council of the United Kingdom. The Chief
Justice of the Supreme Court was Gordon Ward. The islands also have a
Court of Appeal with a President and at least two Justices of Appeal.
The Turks and Caicos Islands participates in the Caribbean Development
Bank, is an associate in CARICOM, and maintains an Interpol sub-bureau.
Defence is the responsibility of the United Kingdom. In December 2004,
the islands sought to become a new associate member to the Association
of Caribbean States.
Moves toward independence
The winning party of Turks and Caicos' first general election in 1976,
the People’s Democratic Movement (PDM) under McCartney, sought to
establish a framework and accompanying infrastructure in the pursuit of
an eventual policy of full independence for the islands. However, with
the early death of McCartney, confidence in the country’s leadership
waned. In 1980, the PDM agreed with the British government that
independence would be granted in 1982 if the PDM was reelected in the
elections of that year. That election was effectively a referendum on
the independence issue and was won by the pro-dependency Progressive
National Party (PNP), which claimed victory again four years later. With
these developments, the independence issue largely faded from the
political scene.
However, in the mid-2000s, the issue of independence for the islands was
again raised. In April 2006, PNP Premier Michael Misick reaffirmed that
his party saw independence from Britain as the "ultimate goal" for the
islands, but not at the present time.
In 2008, opponents of Misick accused him of moving toward independence
for the islands in order to dodge a commission of inquiry, which
examined reports of corruption by the Misick Administration.
Proposed union with Canada
See also: Proposals for new Canadian provinces and territories
In 1917, Canadian Prime Minister Robert Borden suggested Canada annex
the Turks and Caicos.A great number of tourists who visit the Turks and
Caicos Islands are Canadian. Owing to this, the islands' status as a
British colony, and historic trade links, some politicians in Canada and
the Turks and Caicos have suggested some form of union between Canada
and the British territory.
In 1917, the Prime Minister of Canada, Robert Borden first suggested
that Canada annex the Turks and Caicos Islands. In 1974, Canadian New
Democratic Party Member of Parliament Max Saltsman introduced a failed
attempt at consolidating the islands.
The idea was brought up again in 1986 by Progressive Conservative MP Dan
McKenzie, but it was rejected by his party's caucus committee on
external affairs in 1987. The committee, chaired by MP David Daubney,
looked at immigration, banking, health care and tourism issues in making
its decision.
For the islands to join Canada as a full province would require an
amendment to the Canadian constitution ratified by seven provincial
legislatures representing at least half of the national population.
Because such a step could entice provinces to demand other changes to
the constitution in exchange for such support, this is seen to be a
politically unfeasible option. Note that less sweeping changes to the
Constitution do not require unanimous consent. The last new province,
Newfoundland, was brought into the country in 1949 by an act of the
British Parliament. Joining as a territory would be easier, as
territories can be created by an act of Parliament. In addition, a
population of about 30,000 people is considered insufficient for
provincial status - the smallest province, Prince Edward Island, has
about 130,000 people. However, this attitude might change should the
territories of Yukon, the Northwest Territories or Nunavut, with about
30,000 people each, ever become provinces.
In 2004, Conservative MP Peter Goldring visited Turks and Caicos to
explore the possibility once more. He drafted a motion asking the
Canadian Government to look into the issue, but his party declined,
citing immigration, tourism, and economic issues.
However, the Canadian government does not dismiss the possibility of a
future union.[unreliable source?]
The province of Nova Scotia voted to invite Turks and Caicos to join the
province in 2004, should the islands ever become part of Canada. This
would bypass the problems with admitting Turks and Caicos as a separate
province.
On March 2, 2009, the Ottawa Citizen ran an article on its online site
reporting the interest of the Canadian government to open a deep-water
port in the Caribbean that would open up "a new market for Canadian
goods ... in the Caribbean and nearby Central and South America".
"Suppose the port, unaffordable for Caribbean countries, boosted their
standard of living and bolstered hemispheric security. Suppose the port
doubled as a Canadian military operations base for countries wanting
help to patrol their waters and to interdict the Caribbean's robust
trade in smuggled arms, drugs and people."
In the 1990s support for integration into Canada as an "11th province"
was at 90%, while in 2003 support for integration stood at around 60% in
the Turks and Caicos Islands. Goldring, a Conservative MP from Edmonton,
has championed the cause of integrating the Turks and Caicos Islands as
a Canadian territory for security benefits as well as increasing
Canada's influence in Central and Southern America in regards to
anti-terrorism, trade and combating encroaching Chinese influence in
several small Caribbean islands, such as St. Lucia.
Corruption scandal and suspension of self-government
It has been suggested that this section be split into a new article.
(Discuss)
Background
In 2008, after members of the British parliament conducting a routine
review of the administration received several reports of high-level
official corruption in the Turks and Caicos, then-Governor Richard
Tauwhare announced the appointment of a Commission of Enquiry into
corruption. The same year, Premier Michael Misick himself became the
focus of a criminal investigation after a woman identified by news
outlets as an American citizen residing in Puerto Rico accused him of
sexually assaulting her, although he strongly denies the charge.
On Monday, 16 March 2009, the UK threatened to suspend self-government
in the islands and transfer power to the new governor, Gordon Wetherell,
over systemic corruption.
On 18 March 2009, on the advice of her UK ministers, Queen Elizabeth II
issued an Order-in-Council giving the Governor the power to suspend
those parts of the 2006 Constitution which deal with ministerial
government and the House of Assembly, and to exercise the powers of
government himself. The order, which would also establish an Advisory
Council and Consultative Forum in place of the House of Assembly, would
come into force on a date to be announced by the governor, and remain in
force for two years unless extended or revoked.
On 23 March 2009, after the enquiry found evidence of "high probability
of systemic corruption or other serious dishonesty", Misick resigned as
Premier to make way for a new, unified government. Politicians were
accused of selling crown land for personal gain and misusing public
funds. The following day, Galmo Williams was sworn in as his
replacement. Misick denied all charges, and referred to the
British government's debate on whether to remove the territory's
sovereignty as "tantamount to being re-colonised. It is a backwards step
completely contrary to the whole movement of history."
Suspension and reactions
On 14 August 2009 after Misick's last appeals failed, the Governor, on
the instructions of the UK Foreign Office, imposed direct rule on the
Turks and Caicos Islands by authority of the 18 March 2009
Order-in-Council issued by the Queen. The islands' administration has
been suspended for up to two years and power has been transferred to the
Governor, with the United Kingdom also stationing a supply vessel in
between Turks and Caicos. Parliamentary Under-Secretary of State for
Foreign Affairs Chris Bryant said of the decision to impose rule, "This
is a serious constitutional step which the UK Government has not taken
lightly but these measures are essential in order to restore good
governance and sound financial management."
The move was met with vehement opposition by the former Turks and Caicos
government, with Misick's successor Williams calling it a "coup", and
stating that, "Our country is being invaded and re-colonised by the
United Kingdom, dismantling a duly elected government and legislature
and replacing it with a one-man dictatorship, akin to that of the old
Red China, all in the name of good governance." Despite this, the
civilian populace was reported to be largely welcoming of the enforced
rule. The British government stated that they intended to keep true
to their word that the country would regain sovereignty in two years or
less, and Foreign Office Minister Chris Bryant said that elections would
be held in 2011, "or sooner". Governor Wetherell stated that he
would aim to "make a clean break from the mistakes of the past" and
create "a durable path towards good governance, sound financial
management and sustainable development". Wetherell continued to say
that, "In the meantime we must all learn to foster a quality of public
spirit, listen to all those who have the long-term interests of these
islands at heart, and safeguard the fundamental assets of the Territory
for future generations... Our guiding principles will be those of
transparency, accountability and responsibility. I believe that most
people in the Turks and Caicos will welcome these changes."
Population
Demographics
Eight of the thirty islands in the territory are inhabited, with a total
population in mid-2006 of about 32,000. One-third of the population is
under 15 years old, and only 4% are 65 or older. In 2000 the population
was growing at a rate of 3.55% per year, with 14.46 migrants per 1,000
population and 25.65 births per 1,000 population, offset by 4.57 deaths
per 1,000 population. The infant mortality rate was 18.66 deaths per
1,000 live births and the life expectancy at birth was 73.28 years
(71.15 years for males, 75.51 years for females). The total fertility
rate was 3.25 children born per woman. The annual population growth rate
is 2.82%.
The CIA World Factbook describes the islander's ethnicity as "90%
Black", with the remainder Mixed, European or North American ancestry.
The people of the Turks and Caicos Islands are called "Turks and Caicos
Islanders".
Language
The official language of the islands is English and the population also
speaks Turks and Caicos Islands dialect which is similar to Bahamian
dialect. Due to its close proximity to Cuba and Hispaniola, large
Haitian Creole and Spanish-speaking communities have developed in the
territory due to immigration, both legal and illegal, from
Creole-speaking Haiti and from Spanish-speaking Cuba and Dominican
Republic.
Turks and Caicos National Museum on Grand TurkCulture
See also: Music of Turks and Caicos Islands
This section requires expansion.
The Turks and Caicos Islands are most well known for ripsaw music. The
islands are known for their annual Music and Cultural Festival
showcasing many local talents and other dynamic performances by many
music celebrities from around the Caribbean and United States.
The island's most popular sports are fishing, sailing, football and
cricket (which is the national sport).
Citizenship
Because the Turks and Caicos is a British Overseas Territory and not an
independent country, they cannot confer citizenship. Instead, people
with close ties to Britain's Overseas Territories, all hold the same
nationality: British Overseas Territories Citizen (BOTC) as defined by
the British Nationality Act 1981 and subsequent amendments. BOTC,
however, does not confer any right to live in any British Overseas
Territory, including the territory from which it is derived. Instead,
the rights normally associated with citizenship derive from what is
called Belonger status and island natives or descendants from natives
are said to be Belongers.
In 2002, the British Overseas Territories Act restored full British
citizenship status to all inhabitants of British Overseas Territories,
including the Turks and Caicos.
Education system
Education is free and mandatory for children aged five to sixteen.
Primary education lasts for six years and secondary education lasts for
five years. In the 1990s, the island nation launched the Primary
In-Service Teacher Education Project (PINSTEP) in an effort to increase
the skills of its primary school teachers, nearly one-quarter of whom
were unqualified. Turks and Caicos also worked to refurbish its primary
schools, reduce textbook costs, and increase equipment and supplies
given to schools. For example, in September 1993, each primary school
was given enough books to allow teachers to establish in-class
libraries. In 2001, the student–teacher ratio at the
primary level was roughly 15:1. The Turks and Caicos
Islands Community College offers higher education to students who have
successfully completed their secondary education. The community college
also oversees an adult literacy program. The Ministry of Health,
Education, Youth, Sports, and Women's Affairs oversees education in
Turks and Caicos.
Colleges
Turks and Caicos Islands Community College with campuses on both Grand
Turk Island and Providenciales
St. Clements University
Burkes University
Boston University's: The School for Field Studies, South Caicos
Turks and Caicos Institute of Professional Studies, Providenciales
Turks and Caicos Islands Business College, Grand Turk Island
Weston University School of Medicine, Gracebay and Long Bay Campus,
Providenciales
Economy
In 2006, GDP contributions were as follows: Hotels & Restaurants
23.27%, Financial Services 29.64%, Construction 48.71%, Wholesale &
Retail Trade 20.89% and Health & Social Work 10.83%.[clarification
needed] Most capital goods and food for domestic consumption are
imported.
In 2006, major sources of government revenue included Import Duties
(36.51%), Stamp Duties from Property Transactions (19.79%), Work Permits
and Residency Fees (8.93%) and Accommodation Tax (8.84%). The
territory's gross domestic product as of late 2006 is approximately
US$722 million (per capita $17,112), with an inflation rate of 3.7%.
The labour force totalled 12000 workers in 2006. The labour force
distribution is as follows:
Skill level Percentage
Unskilled/Manual 53%
Semi-skilled 12%
Skilled 20%
Professional 15%
The unemployment rate in 2007 was 5.4%. In 2006–2007, the territory took
in revenues of $202.5 million against expenditures of $199.5 million. In
1995, the island received economic aid worth $5.7 million. The
territory's currency is the United States dollar, with a few government
fines (such as airport infractions) being payable in pounds sterling.
Most commemorative coin issues are denominated in crowns.
The primary agricultural products include limited amounts of maize,
beans, cassava (tapioca) and citrus fruits. Fish and conch are the only
significant export, with some $169.2 million of lobster, dried and fresh
conch, and conch shells exported in 2000, primarily to the United States
and the United Kingdom. In recent years, however, the catch has been
declining. The territory used to be an important trans-shipment point
for South American narcotics destined for the United States, but due to
the ongoing pressure of a combined American, Bahamian and Turks and
Caicos effort this trade has been greatly reduced.
The islands import food and beverages, tobacco, clothing, manufacture
and construction materials, primarily from the United States and the
United Kingdom. Imports totalled $581 million in 2007.
The islands produce and consume about 5 GWh of electricity, per year,
all of which comes from fossil fuels.
Tourism
The United States was the leading source of tourists in 1996, accounting
for more than half of the 87,000 visitors; another major source of
tourists is Canada. Tourist arrivals had risen to 264,887 in 2007.
A view of the southwestern beach at Grand Turk IslandThe government is
pursuing a two-pronged strategy to increase tourism. Upscale resorts are
aimed at the wealthy, while a large new cruise ship port and recreation
centre has been built for the masses visiting Grand Turk. Turks and
Caicos Islands has one of the longest coral reefs in the world, making
it a premier diving destination.
The French vacation village company of Club Mediterannee (Club Med) has
an all-inclusive adult resort called 'Turkoise' on one of the main
islands.
Providenciales is home to a restaurant scene popular among tourists.
There has been a recent trend towards authentic local tastes, with
on-the-beach spots such as Da Conch Shack (run by popular Canadian
island resident John Macdonald) attracting locals and tourists alike in
droves.
Several Hollywood stars have built homes in the Turks and Caicos,
including Dick Clark and Bruce Willis. Ben Affleck married actress
Jennifer Garner on Parrot Cay in 2005. Actress Eva Longoria and her
husband Tony Parker went to the islands for their honeymoon in July 2007
and High School Musical actors Zac Efron and Vanessa Hudgens went for a
vacation there. Motivational speaker Eric Edmeades' official website
indicates that he resides in Providenciales.
On 31 January 2008, the Turks and Caicos Government signed a letter of
intent with the Indy Racing League to host the Indy Turks and Caicos
Grand Prix, slated for February 2009. A new race track will be
constructed in Blue Hills, Providenciales to host the event.[42] The
islands' only 18-hole championship golf course, Provo Golf Club was
opened in 1992. The course hosted the Caribbean Amateur Golf
Championship in 1999, and is due to do so again in 2009.
In an apparent effort to boost tourism during the Caribbean low season
of late summer, the Turks and Caicos Tourist Board has organised and
hosted an annual series of concerts called the Turks & Caicos Music and
Cultural Festival since summer of 2003.[43] Held in a temporary
bandshell at The Turtle Cove Marina in The Bight on Providenciales, this
festival lasts about a week and has featured several notable
international recording artists such as Lionel Richie, LL Cool J, Anita
Baker, Billy Ocean, Alicia Keys, John Legend, Kenny Rogers, Michael
Bolton, Ludacris, Chaka Khan, and Boyz II Men.[44] More than 10,000
people attend annually.[44]
The Amanyara resort is located on Providenciales, bordering the pristine
reefs of the Northwest Point Marine National Park — a 25-minute transfer
from Providenciales' international airport.
Transportation
Providenciales International Airport is the main entry point for the
Turks and Caicos Islands. Altogether, there are seven airports, located
on each of the inhabited islands. Five have paved runways (three of
which are approximately 2000 metres long and one is approximately 1000
metres long), and the remaining two have unpaved runways (one of which
is approximately 1000 metres long and the other is significantly
shorter).
The islands have 121 kilometres of highway, 24 km paved and 97 km
unpaved.
The territory's main international ports and harbours are on Grand Turk
and Providenciales.
The islands have no significant railways. In the early 1900s East Caicos
operated a horse-drawn railway to transport Sisal from the plantation to
the port. The 14km route was removed after sisal trading ceased.[45]
Media
The territory had about 3,000 telephone lines in use in 1994. Mobile
phone service is provided by Cable & Wireless, using GSM 850 and TDMA,
and Digicel, using GSM 900 and 1900. There are no CDMA networks. The
system is connected to the mainland by two submarine cables and an
Intelsat earth station. There were three AM radio stations (one
inactive) and six FM stations (no shortwave) in 1998. The most popular
station is Power 92.5 FM which plays Top 100 hits. Over 8000 radio
receivers are owned across the territory.
West Indies Video (WIV) has been the sole cable television provider for
the Turks and Caicos Islands for over two decades and WIV4 (a subsidiary
of WIV) has been the only broadcast station in the islands for over 15
years; broadcasts from the Bahamas can also be received. The territory
has two internet service providers and its country code top level domain
(ccTLD) is ".tc". Amateur radio callsigns begin with "VP5" and visiting
operators frequently work from the islands.
WIV introduced Channel 4 News in 2002 broadcasting local news and
infotainment programs across the country. Channel 4 was re-launched as
WIV4 in November 2007 and began providing reliable daily online Turks
and Caicos news with the WIV4 News blog, an online forum connecting TCI
residents with others interested in the islands, while keeping users
updated on the TCI's daily news.
Turks and Caicos's newspapers include the Turks and Caicos Weekly News,
the Turks and Caicos Sun, and the Turks and Caicos Free Press. All three
publications are weekly. The Weekly News and the Sun both have
supplement magazines. Other local magazines Times of the Islands, s3
Magazine, Real Life Magazine, Baller Magazine, and Unleashed Magazine.
From 1950 to 1981, the United States had a missile tracking station on
Grand Turk. In the early days of the American space program, NASA used
it. After his three earth orbits in 1962, American astronaut John Glenn
successfully landed in the nearby ocean and was brought back ashore at
this island.
Media portrayals
In The Island by Peter Benchley, a band of latter-day pirates based on
an isolated island in the Turks and Caicos prey on passing shipping.
Gene Simmons, on his television show Gene Simmons Family Jewels, bought
a local island on an episode dated 12 August 2007.
In the TV movie Long Lost Son, Captain John/Quinn tries to escape to an
island called Salt Cay, which may or may not be the one in this island
group.
In the Frederick Forsyth novel Icon, a main character, Jason Monk, is
depicted as having retired to the "dependent terrority" as Sir Nigel
Irvine jokingly tells Carey Jordan the Turks and Caicos Islands are now
known. The islands' access to deep sea/big game fishing is especially
referenced, as Jason Monk is an avid big game angler.
The episode "Turks and Caicos" of House Hunters International features a
family buying a new home on Providenciales.
On-location films
Bahama Passage (1941), starring Sterling Hayden and Madeleine Carroll,
was filmed on Grand Turk and Salt Cay. It was based on the book Dildo
Cay by Nelson Hayes.
The TV movie Paradise Virus (2003), starring Lorenzo Lamas and Melody
Thomas Scott, was filmed on Grand Turk.
The first season of the here! original series Dante's Cove was shot on
the islands.
The film Witches of the Caribbean, directed by David DeCoteau was shot
entirely on the island of Grand Turk. Location features includes the
National Lighthouse.
Sports
Notable Turks and Caicos Islanders
Gavin Glinton, a professional soccer player who plays in the V-League
for the Nam Định F.C.
Trevor Ariza, a professional basketball player who plays for the New
Orleans Hornets.
See also
Caribbean portal
Atlas of the Turks and Caicos Islands
Airports in the Turks and Caicos Islands
Birds of the Turks and Caicos Islands
Cities of the Turks and Caicos Islands
Coat of arms of the Turks and Caicos Islands
Cockburn Town on Grand Turk Island – Capital of the Turks and Caicos
Islands since 1766
Communications in the Turks and Caicos Islands
Districts of the Turks and Caicos Islands
Elections in the Turks and Caicos Islands
Flag of the Turks and Caicos Islands
List of islands of the Turks and Caicos Islands
Get your own Bank account with ATM card
(Maestro/Mastercard debit card) for withdrawals with a Bank in the Caribe
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