TURKS & CAICOS ISLANDS PERMANENT RESIDENCY CERTIFICATE
The Turks & Caicos Islands are an British Oversea Territory located in the Caribbean and is know for being one of the jurisdictions with the least amount of tax in the world. Its one of the richest territory in the Caribbean. Turks & Caicos Islands Residence by Investment (RBI) proposes a Permanent Residence Certificate (PRC) to investors, whom can choose the investment option and the island they wish to invest in. The investment need to be held for the length of the residence unless specified otherwise. Applicants after 5 years of residence can apply for naturalization to become a British Oversea Territory Citizen (BOTC). The BOTC passport from the Turks & Caicos is one of the best in the world with visa-free travel to the EU, Canada and the USA.
STAGE 1: Month 1
Download the Application Form for undertaking and/or PRC (where relevant). Once filled send the application to the Invest Turks & Caicos Agency with the payment of $1,500 Admin Fees and $25,000 PRC when applicable
STAGE 2: Month 2
If approved send the form to the Ministry of Border Control and Employment with the supporting document and the proof of payments of fees.
STAGE 3: Month 3
You will be notified to collect your Certificate of Undertaking from the Invest Turk and Caicos Agency. Soon after, the Permanent residence certificate will be issued and you can collect it from the Invest Turk and Caicos Agency.
- Applicants obtain Permanent Residence
- Spouses and Children under 19 can apply as dependents
- No tax on personal and corporate income, no VAT, Capital gain tax, Inheritance tax
Eligible for naturalisation into BOTC after 5 yearsThere are no physical presence requirements
- Medical Certificate of Health issued within the last 6 months
- Police Certificate issued within the last 6 months – Evidence of Good Character
- Two Character References
- There are certain requirements of job creations for the business investments
Are interested in Citizenship by investment?
Click to the Global Residence Index homepage to learn more.
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