AGP Executive Report
Last update: 12 hours agoTourism Investment: Royal Caribbean says its 50-50 Sandals and Beaches Resorts venture could generate “several hundred million dollars” in synergies over time. The deal is expected to close in early 2027. Workforce Rules: The Immigration Bill 2026 is now law, tightening work-permit rules and potentially extending the usual path to permanent residence to about 20 years—changes with direct implications for employers and workers. Air Connectivity: BermudAir has begun three-times-weekly Fort Lauderdale–Providenciales flights, while the Airports Authority is seeking more international service to islands beyond Providenciales. Property Market: TCI real estate sales rose 63.5% year over year in the third quarter, even as average and median prices fell, pointing to stronger activity and greater buyer focus on value. Energy Sector: Pelican Energy TCI appointed former public-sector leader Lillian Swann-Misick to its board, adding local representation. International Finance: The EU removed Panama and Vietnam from its tax blacklist; the Turks and Caicos Islands remains among the eight jurisdictions listed.
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