Netherlands Self-Employed Residence Permit vs Permanent Residence Certificate (home with undertaking)
Residency program comparison: Netherlands and Turks and Caicos. Income, fees, tax, duration, work rights and pathways.
Overview
 NL
Netherlands Self-Employed Residence Permit
|
 TC
Permanent Residence Certificate (home with undertaking)
|
|
|---|---|---|
| Country | Netherlands | Turks and Caicos |
| Program type | Entrepreneur | Investor visa |
| Status | Active | Active |
At a glance
|
NL
Netherlands Self-Employed Residence Permit
|
TC
Permanent Residence Certificate (home with undertaking)
|
|
|---|---|---|
| Initial duration | 24 mo | — |
| Monthly income | $1,980 / mo | — |
| Application fee | $474 | $25,000 |
| Tax regime | Worldwide | Exempt |
| Renewable | Yes | No |
Financial requirements
|
NL
Netherlands Self-Employed Residence Permit
|
TC
Permanent Residence Certificate (home with undertaking)
|
|
|---|---|---|
| Monthly income | $1,980 / mo | — |
| Annual income | $23,758 | — |
| Application fee | $474 | $25,000 |
| Dependent fee | $285 | $200 |
Duration and renewal
|
NL
Netherlands Self-Employed Residence Permit
|
TC
Permanent Residence Certificate (home with undertaking)
|
|
|---|---|---|
| Initial duration | 24 months | — |
| Renewal duration | 60 months | — |
| Renewable | Yes | No |
Tax regime
|
NL
Netherlands Self-Employed Residence Permit
|
TC
Permanent Residence Certificate (home with undertaking)
|
|
|---|---|---|
| Tax regime | Worldwide | Exempt |
| Tax rate | — | 0% |
| Tax regime name | Progressive income tax up to 49.5% | Zero Income Tax |
| Foreign income taxed | Yes | No |
| Capital gains taxed | Yes | No |
Work rights
|
NL
Netherlands Self-Employed Residence Permit
|
TC
Permanent Residence Certificate (home with undertaking)
|
|
|---|---|---|
| Employed work | No | No |
| Self-employed work | Yes | No |
| Own business | Yes | No |
| Work permit included | Yes | No |
Requirements
|
NL
Netherlands Self-Employed Residence Permit
|
TC
Permanent Residence Certificate (home with undertaking)
|
|
|---|---|---|
| Criminal record check | Required | Required |
| Health check | Not required | Required |
| Degree | Not required | Not required |
| Professional experience | Not required | Not required |
| Language (for citizenship) | Required | Not required |
| Endorsement | Required | Not required |
Family and dependents
|
NL
Netherlands Self-Employed Residence Permit
|
TC
Permanent Residence Certificate (home with undertaking)
|
|
|---|---|---|
| Dependents allowed | Yes | Yes |
| Spouse included | Yes | Yes |
| Maximum child age | 18 | 18 |
| Dependent parents | No | No |
Pathways
|
NL
Netherlands Self-Employed Residence Permit
|
TC
Permanent Residence Certificate (home with undertaking)
|
|
|---|---|---|
| Path to permanent residency | Yes(5 yrs) | Yes |
| Path to citizenship | Yes(5 yrs) | Yes(5 yrs) |
| Grants direct citizenship | No | No |
| Dual citizenship allowed | No | Yes |
Benefits
|
NL
Netherlands Self-Employed Residence Permit
|
TC
Permanent Residence Certificate (home with undertaking)
|
|
|---|---|---|
| Schengen access | Yes | No |
| Open a bank account | Yes | No |
| Buy property | Yes | Yes |
| Public healthcare access | Yes | No |
| Health insurance | Required | Not required |
Application
|
NL
Netherlands Self-Employed Residence Permit
|
TC
Permanent Residence Certificate (home with undertaking)
|
|
|---|---|---|
| Method | Embassy, in country | In person |
| Processing time | ?–90 days | 56–70 days |
| Apply from abroad | Yes | No |
| Local representative | Not required | Not required |