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.
Location
Caribbean
Population
35,000
Capital
Cockburn Town
Currency
US Dollar
Language
English
Investment Amounts
| Business | |
|---|---|
| Investment amount | $750,000 in a business in the island of Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos OR $1,500,000 in a business or enterprise in the islands other than the island of Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos |
| Government fees | $1,500 Admin Fees and $25,000 PRC |
| Public Project | |
|---|---|
| Investment amount | $1,000,000 in a designated approved public sector project in the Islands. |
| Government fees | $1,500 Admin Fees and $25,000 PRC |
| Real Estate | |
|---|---|
| Investment amount | $300,000 in the actual construction, purchase or renovation of a distressed property as a home in the island of Grand Turk, salt Cay, South Caicos, Middle Caicos or North Caicos , OR |
| Investment amount | $1,000,000 in the actual construction, purchase or renovation of a distressed property as a home in the islands other than Grand Turk, salt Cay, South Caicos, Middle Caicos or North Caicos |
| Government fees | $1,500 Admin Fees and $25,000 PRC |
Application Process
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.