Permanent Residence Certificate (without undertaking)

1. Permanent residencypossible
2. Citizenshipafter 5 years

• Permanent residency
• Citizenship 5 years
• Dual citizenship allowed

Country

Turks and Caicos

Program

Permanent Residence Certificate (without undertaking)

Local name

PRC, regulation 13(2)(k)

Type

Investor visa

Status

Active

Lifetime permanent residence for someone who has already invested at least USD 1,000,000 in a home or a business in the Turks and Caicos Islands, without a certificate of undertaking from the Governor. The US dollar is the official currency. Home and business routes that use an undertaking, and the public-sector contribution, are separate records.

Tax regime

Exempt

Tax rate

0.0%

Regime name

Zero Income Tax

Foreign income taxed

No

Capital gains taxed

No

Method

in person

Processing time

56–70 days

Apply from abroad

No

Immigration Regulations, regulation 13(2)(k). Regulation 20(3) endorses this certificate with permission to work without a limit. The citizenship commission page instead says work is allowed only in the holder's own business. The home or business must be kept for five years. If it is sold sooner, the same sum has to be reinvested in the Islands within twelve months. A police certificate and a medical certificate from the last six months are required. The applicant's principal home must be in the Islands. Proof of English and of knowledge of the Islands does not have to be filed with this route. The PRC fee is USD 25,000 and the administrative fee is USD 150. A spouse or child endorsement is USD 200. A child endorsement ends at 19. A spouse endorsement lasts eleven years and can be renewed. Dependants do not get the right to work from the endorsement. There is no separate Turks and Caicos citizenship. Naturalisation as a British Overseas Territories Citizen needs five years of residence, no more than 450 days away in that period and 90 days away in the last twelve months, and twelve months with no limit on how long the person may stay. The Immigration Bill 2026 has been tabled and is not in force.

1. Oct 10, 2026
   • Name Permanent Residence Certificate (Investment) Permanent Residence Certificate (without undertaking)
   • Official page https://gov.tc/immigration/permanent-residence-certificate https://gov.tc/citizenship/services/prc
   • Application fee (USD) none 25000
   • Path to citizenship No Yes
   • Years to citizenship none 5
   • Investment options updated

   citizenship path set to British Overseas Territories Citizen naturalisation after five years of residence, not a separate Turks and Caicos citizenship (https://www.gov.tc/citizenship/images/docs/forms/BOTC%20Naturalisation%20Under%20181%20Application%20Form.pdf).