Connect with us

TCI News

Invest Turks and Caicos says investment interest coming from 64 countries around the world

Published

on

#Providenciales, May 20, 2019 – Turks and Caicos – The CEO of Invest Turks and Caicos Agency revealed that the TCI is being courted by investors representing 64 different countries of the world and he reminded that the economic pillars of the country are real estate, financial services and tourism.

“Increasingly, because this is a major tourist destination, we have investors that are coming from all over the world.  They’re coming from China, they are coming from India, they are coming from the UK, they’re coming from Switzerland, Germany, Sweden; 64 different countries is the number of investors we are dealing with in our Agency in the last 12-months.  That’s the world and the world is coming to TCI.  Thank you, world!”

James Bursey was speaking to a packed room at the Shore Club as the key note speaker of the conference of the TCI Tourist Board’s Turks and Caicos Conference, also known as TACC.  The theme for 2019 was Redefining Luxury.

“We also have to think, ‘what is luxury’; Luxury changes depending on your age. We have to offer a broad range of services fundamentally what happens in these islands and what we’re going to be doing is expanding our range of services to cover many parts of the economy because no tourist is similar to the next.  They are all different, they all have different desires, different wants, different time tables and different financial concerns.”

Bursey, who hails from Canada originally, recently took on the role of CEO of the Agency and explained that his team works with Government Agencies and the Private Sector for a perfect balancing act for the perfect climate for what he calls, ‘a perfect tiny country.’

“We are the tiny perfect country, we are small but we are perfect because we have the perfect climate, we have a perfect way of life and we have perfectly friendly people.  Think of us as the tiny perfect country, this is where you want to bring your clients or better yet, you should stay here and have them come join you.”

The CEO was keen on the travel and tourism industry representatives attending TACC2019 to understand that there is respect for the environment, consideration for the resident population and the potential of other islands in the archipelago, watchfulness of technological trends and a commitment to diversity in high caliber service delivery.

Mr. Bursey talked about technology infrastructure and technology investments at the conference.

“The other thing that’s changed and that redefines luxury is the issue of technology, what role will technology play?  So, we have to make reasonable guesses, we put in infrastructure, we encourage the private sector to add to the areas in which government must invest and we try to work out a strategy for infrastructure, for tourism, for transportation…”

The CEO added, “We are going to be doing more localized software development. In these islands, quite frankly, all of the islands of the Caribbean and countries of the world because software is now becoming the dominant method by which we manage our day to day activities.  And we are all waiting, with bated breath, to see what happens with artificial intelligence.”

It was the 15th year for the Turks and Caicos Conference held May 8-11, 2019; also speaking at the session were Adelphine Pitter, Turks & Caicos Tourist Board, Chairperson; James, Smith, TCI Police Commissioner; Todd Foss, TCHTA President; Ramon Andrews, TCI Tourist Board Director; Hon Ralph Higgs, Minister of Tourism Environment and Gaming and Hon Sharlene Robinson, Premier of the Turks and Caicos Islands.   

#magneticmedianews

#investturksandcaicos

#manyinvestmentsfortci

News

Cruise Decline Emerges as Turks and Caicos Tourism Watchpoint

Published

on

By Deandrea Hamilton | Editor

PROVIDENCIALES, Turks and Caicos Islands – While the Turks and Caicos Islands continues to celebrate growth in its high-value overnight visitor market, tourism data shared in April 2026 suggests another critical sector of the industry deserves closer attention.

Experience Turks and Caicos reported that stayover arrivals climbed five percent during the first quarter of 2026, with 203,587 visitors between January and March—10,557 more than during the same period in 2025.  March, traditionally the destination’s strongest month for overnight tourism, also posted a three percent increase over the previous year.

But tucked within the same report was another statistic moving in the opposite direction.

Cruise passenger arrivals fell by 16 percent during the first quarter, with 344,287 passengers visiting the destination compared to the same period in 2025.  Preliminary figures for March also showed a seven percent year-over-year decline to 116,911 passengers—even though the destination welcomed an additional cruise ship call during the month.

The report offered no explanation for the decline, placing its emphasis instead on the continued strength of the stayover market and a series of international marketing initiatives designed to sustain overnight visitor growth.

Among those efforts are a partnership with TravelView to distribute destination videos to more than 80,000 travel advisors across the United States, expanded engagement with travel professionals in the United Kingdom through the UNITE Caribbean programme, and increased participation in tourism trade shows in Canada and Latin America.

Those initiatives are aimed primarily at attracting overnight visitors—travelers who typically stay longer and generate significantly more spending within the local economy than cruise passengers.

However, the decline in cruise arrivals raises important questions, particularly for Grand Turk, where the cruise industry remains a major economic driver supporting taxi operators, tour companies, restaurants, retailers and other small businesses that depend heavily on ship calls.

Following publication of the report, Magnetic Media was informed that cruise arrivals have been trending downward, suggesting the first-quarter figures may not represent a one-time fluctuation but part of a broader pattern.

If that is the case, industry observers will be looking for answers.

The report does not indicate whether the decline reflects changes in cruise line deployment, smaller vessels serving Grand Turk, reduced passenger occupancy, itinerary adjustments, or increasing competition from other Caribbean destinations.

Whatever the cause, the contrast between the two sectors is striking.

One segment of the tourism industry continues to post record gains through expanded air service and targeted destination marketing. The other appears to be facing headwinds that have yet to be publicly explained.

For the Turks and Caicos Islands, where tourism remains the country’s economic engine, understanding the reasons behind diverging performance in the stayover and cruise sectors will be essential to long-term planning.

As the destination moves into the traditionally slower months of the tourism calendar, attention is likely to turn not only to sustaining growth in overnight arrivals but also to whether the Government and Experience Turks and Caicos can identify the factors behind the cruise slowdown and outline a strategy to reverse what now appears to be an emerging trend.

Continue Reading

News

FIRST FOCUS FOR PARNELL: “LISTEN”

Published

on

New PDM Leader says rebuilding the party begins with hearing its members—and the people.

 PROVIDENCIALES, Turks and Caicos Islands — Newly elected People’s Democratic Movement (PDM) Leader Doug Parnell says his first priority is neither launching attacks on the Government nor unveiling sweeping policy proposals.

Instead, he says his first assignment is simple.

Listen.

In his first interview since delegates elected him leader of the opposition party, Parnell told Magnetic Media that rebuilding the PDM begins by rebuilding trust—first within the party itself and then across the Turks and Caicos Islands.

“My first step is unity inside the party, then renewed connection with the people outside the party,” Parnell said.

Returning PDM Leader Doug Parnell once again takes the helm of a party seeking to recover from successive general election defeats and reconnect with voters who have repeatedly chosen the governing Progressive National Party.

Parnell says that work begins by listening.

His immediate plans include meetings with former party leaders, elected members, officers, candidates, caretakers, branch representatives, youth, women and supporters across the islands before expanding those conversations to the wider public.

“We must listen internally first, then take that same spirit of listening to the country,” he explained.

While many expected the new opposition leader to use his first interview to sharply criticize the Washington Misick administration, Parnell deliberately shifted the conversation away from partisan politics.

“I do not want to make this only about the PNP,” he said.

“The more important issue is what the people of this country are experiencing.”

Instead, he outlined what he believes are the issues weighing most heavily on the public: rising living costs, housing affordability, crime, pressures facing local businesses and uncertainty among young people about whether they have a meaningful future in their own country.

“The issue is not political quarrelling,” he said. “The issue is that too many people feel the country is moving, but they are being left behind.”

He also argued that a widening wealth gap has emerged and said the government has failed to adequately address it.

Asked why he decided to seek the party’s leadership again after spending years largely outside the political spotlight.

“I disagree with that characterization,” he responded.

He acknowledged that anyone involved in public life experiences moments of disappointment but said those moments should never outweigh one’s responsibility to serve.

“Frustration does not remove responsibility,” he said.

“I am not here for personal glory. I am here to steady the ship and help rebuild trust.”

That theme of stability and unity echoed throughout his responses.

Parnell repeatedly stressed that the leadership contest is now behind the party and that healing divisions must become the immediate focus.

“The contest is over. The work of unity begins now.”

He said delegates placed their confidence in him because they believed he understood the party’s history and was prepared to work with supporters and former rivals alike.

“We cannot afford division. We cannot afford bitterness,” he said, adding that the country deserves a serious and united opposition capable of holding any government accountable.

For Parnell, the task ahead extends beyond rebuilding party structures.

He says the PDM must become more visible, more connected and more responsive to the everyday concerns of Islanders.

“What I bring is steadiness, experience and a willingness to listen,” he said.

“The PDM has a proud history, but the public wants to see us more present, more united and more connected to the issues affecting their daily lives.”

The new leader insists the effort is larger than any individual.

“This is not about one man,” Parnell said. “It is about bringing the PDM together again so we can serve the people better.”

Whether that message resonates with voters will unfold over the months ahead.

For now, Doug Parnell has made one thing unmistakably clear.

His first order of business as leader of the People’s Democratic Movement is to listen.

Continue Reading

News

Paper Work Permit Applications End July 1 as TCI Goes Fully Digital  

Published

on

PROVIDENCIALES, Turks and Caicos Islands – The way employers apply for work permits in the Turks and Caicos Islands is about to change significantly, with the Government eliminating paper applications in favour of a fully online system beginning this week.

Effective Wednesday, July 1, all work permit applications must be submitted electronically through the Government’s Application Processing System (APS), according to the Ministry of Immigration and Border Services.

From that date, paper applications will no longer be accepted, marking one of the most significant administrative changes to the work permit process in recent years.

Previously, employers, applicants and authorised agents completed paper forms and submitted application packages, along with supporting documentation, through the Department of Employment Services for processing.

Under the new arrangement, applications and all supporting documents must instead be completed and uploaded through the APS portal.

The Ministry says the transition is another step in the Government’s broader digital transformation agenda and is intended to modernise immigration and employment services, improve operational efficiency, enhance customer service and provide a more streamlined and transparent application process.

Officials are encouraging employers and applicants to familiarise themselves with the online platform before the new requirements take effect and to ensure all supporting documentation is available when preparing applications.

Recognising that not everyone has ready access to computers or the internet, the Government has established APS application stations at all Department of Employment Services offices across the Turks and Caicos Islands. Members of the public who require computer access may use these stations during normal business hours.

The Ministry says the online platform is designed to strengthen the integrity of the work permit application process while making public services more accessible.

Persons requiring assistance with the new system are encouraged to contact the Department of Employment Services or visit one of the designated APS application stations.

While the digital application process is being promoted as a significant advancement in public service delivery, it remains unclear whether the move to a paperless system will also result in shorter wait times or more expeditious processing of work permit applications.

That may ultimately become the true measure of the system’s success as employers and applicants adjust to the new process.

Continue Reading

FIND US ON FACEBOOK

TRENDING