Located in the Lucayan Archipelago, the tropical Turks and Caicos Islands are a British Overseas Territory consisting of the larger Caicos Islands and smaller Turks Islands. The resident population was 31,458 as of 2012, 23,769 of whom live on Providenciales in the Caicos Islands; July 2018 estimates put the population at 53,700. It is the third-largest of the British Overseas Territories by population. The official language is English, and its capital is Cockburn Town.
Prior to the development of tourism and tourist attractions, salt, sponge, and hemp products were the main exports of the islands. In addition to its reliance on tourism and fishing, the Turks and Caicos Islands are known as an offshore financial center. The islands also host the world-famous Turks and Caicos Music and Cultural Festival, which includes a week of famous international artists performing to thousands of tourists and visitors from late July to early August each year.