AGP Executive Report
Last update: an hour agoProperty Market: Turks and Caicos real estate sales jumped about 54% year over year in Q3, the strongest quarter of 2026. Year-to-date sales reached $310.6 million across 255 transactions, though volume remains 25% below 2025. Air Connectivity: BermudAir has begun three-times-weekly Fort Lauderdale–Providenciales flights, while the Airports Authority is looking to extend international access beyond Provo. Southwest’s new routes also include Providenciales. Tourism Investment: A 50-room Corinthia hotel is in planning for 2029. Royal Caribbean’s proposed $3 billion Sandals and Beaches deal includes more than 1,000 acres for future resort development across the Caribbean, including TCI. Workforce Development: A tourism training programme supported by the TCHTA and Sandals Foundation brought service and food-safety workshops to local resort staff and other professionals. Business Rules: The new Immigration Act replaces the previous system with a two-stage route that could extend the usual path to permanent residence to about 20 years, a change with implications for employers and workers.
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