Turks and Caicos Residence Permit (Independent Means) — Residency Program

Financial threshold — no minimum listed

Stay —

Application fee $1,500

Tax 0.0% Zero Income Tax

Path to staying

Renewrenewable
Permanent residencyafter 10 years
Citizenshipafter 11 years

Permanent residency 10 years
Citizenship 11 years
Dual citizenship allowed

Overview

Country: Turks and Caicos
Program: Residence Permit (Independent Means)
Local name: Residence Permit, condition A
Type: Passive income
Status: Active
Renewable: Yes

Residence permit for a person who has a house, condominium or apartment available in the Turks and Caicos Islands and can support themselves and their dependants without working. No income floor is published. The holder must ordinarily reside in the Islands and cannot work. After ten consecutive years on a residence permit they can apply for a Permanent Residence Certificate.

Eligibility

Minimum age 18+
Criminal record check required
Health check required
Health insurance not required

Work rights

Employment not allowed
Self-employment not allowed
Own a business not allowed
Work permit included no

Family and dependents

Dependents allowed: Yes
Spouse included: Yes
Max child age: 18
Parents allowed: No

Benefits and mobility

Bank account no
Property purchase allowed
Public healthcare no access
Must be primary residence required

Tax

Tax regime: Exempt
Tax rate: 0.0%
Regime name: Zero Income Tax
Foreign income taxed: No
Capital gains taxed: No

How to apply

Method: in person
Processing time: Up to 42 days
Apply from abroad: No

Notes

Immigration Regulations, regulation 24(3), condition A, and regulation 26(1). The Director may grant one to three years, and may also issue an annual residence permit, so no single initial term is stored. The permit fee is USD 1,500 plus a USD 150 administrative fee. A spouse or child endorsement is USD 500 plus a USD 150 administrative fee. Children must be under 18. Dependants cannot work. The later PRC under regulation 13(2)(a)(iii) costs USD 10,000 and does not itself allow work. Naturalisation as a British Overseas Territories Citizen needs a PRC covering the last twelve months, so the practical wait is about eleven years from the first residence permit, not five. Renewal is requested thirty days before expiry. A late renewal adds USD 250. The Director can take up to six weeks. The Immigration Bill 2026, which is not in force, has been described as stretching this ordinary route toward twenty years.

Last verified Oct 9, 2026 Last changed Oct 10, 2026 Source

Change history

Oct 10, 2026

Added

created from regulation 24(3) condition A and the Border Control FAQ (https://www.tcifsc.tc/assets/documents/05.01-Immigration-Ordinance-20241213175004.pdf).