There’s a Residential Resort Boom in Turks and Caicos — Here’s What’s You Need to Know

Cranes now punctuate the skyline from Grace Bay to Long Bay as Turks and Caicos leans into a strategy that blends five-star hospitality with for-sale homes. The next two years bring a wave of branded and design-driven residential resorts — Andaz, St. Regis, The Loren and Kempinski among them — on top of a maturing crop of high-end, managed villa communities. The timing isn’t accidental: tourism and macro indicators are strong, policy is investor-friendly, and global brands want inventory on one of the Caribbean’s most bankable beaches. The government’s own statistics show 2024 stay-over arrivals of 576,288 and a total visitor count of 1.81 million, underscoring the demand side of the equation.

The macro tailwind

Confidence has been helped by a cleaner macro story. S&P Global Ratings raised Turks & Caicos’ sovereign rating to A- in February, strengthening the islands’ appeal with institutional capital and development lenders. S&P also lifted the territory’s country risk score in 2025, a change cited in a rating action on local utility Fortis TCI — another signal of improving perceived risk.