Investing in Turks and Caicos

Investing in Turks and Caicos

When most people think about investing in Turks and Caicos, they immediately imagine buying real estate. There are however other ways to invest without having to commit to a property purchase. The G&P Mortgage Fund is the perfect instrument for protecting and growing your capital.

A mortgage fund is a pooled investment, where investors capital is invested into the local real estate market in the form of mortgages. This model allows investors to enjoy the returns of the secondary mortgage market, without having to risk being the only lender on a property.

Getting to Know G&P Mortgage Fund

For those investors who are familiar with mortgage funds, there are a few key ways which GPMF is different. Let me highlight just a few:

  • We do not generally exceed 65% of the property value
  • Only lend to AAA borrowers on prime tourist related property
  • Only do first mortgages
  • Do not lend to clients in distress situations
  • Only lend on highly marketable properties
  • Give preference to income producing properties
  • Primarily lend exclusively in Providenciales
  • Corporate borrowers only to mitigate potential losses
  • Returns to date this year have been over 6%

G&P Mortgage Fund Limited is managed by G&P Capital Limited, who are primarily owned by the G&P Attorneys, a prominent law firm on the island. This relationship offers many protective benefits to our investors, from the mortgage charges to the forced sale process.

What are the Criteria for Investing

As with any banking or investing offshore, there is a KYC process for us to get to know who you are, and the source of your wealth. Outside of that, the process is fairly simple and straight forward. We have a minimum investment requirement of 100k at this time, however we are giving priority to investments over 1M USD.

Although we primarily deal with investors from the Turks and Caicos, we can also take investors from outside the country. US investors are allowed in the fund, although they do require a higher minimum investment due to the extra due diligence and servicing (1M USD minimum).

Check out investment page for more details on the G&P Mortgage Fund!