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Permanent Residence Certificate (business with undertaking)

Active Exempt

Turks and Caicos · PRC, regulation 13(2)(g) · Investor visa · apply in person · processing 56–70 days

Minimum investment $750,000 2 investment options
Stay —
Application fee $25,000
Tax 0.0% Zero Income Tax

Path to staying

  1. Permanent residencypossible
  2. Citizenshipafter 5 years
  • Permanent residency
  • Citizenship 5 years
  • Dual citizenship allowed

Overview

Program
Permanent Residence Certificate (business with undertaking)
Local name
PRC, regulation 13(2)(g)
Type
Investor visa
Status
Active

Lifetime permanent residence after a Governor's certificate of undertaking and a business investment of USD 750,000 on Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos, or USD 1,500,000 on any other island. The business must employ people in the Islands, and at least 60 percent of the staff must not be work-permit holders. The holder may work only in that business.

Investment options

Investment options
Type Tier / zone Min amount USD equivalent Holding Returnable Required
Business Outer islands USD 750,000 $750,000 5 yr Yes Optional
Business Other islands USD 1,500,000 $1,500,000 5 yr Yes Optional
Outer islands: Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos.. Other islands: Any island other than Grand Turk, Salt Cay, South Caicos, Middle Caicos and North Caicos..

Eligibility

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

Work rights

  • Employment not allowed
  • Self-employment allowed
  • Own a business allowed
  • Work permit included

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
56–70 days
Apply from abroad
No

Notes

Immigration Regulations, regulation 13(2)(g). The citizenship page mislabels this block as a school route. The regulation number and the amounts match. Evidence is a business licence, proof of ownership, accounts, and a staff list or a certificate from the Commissioner on non-work-permit employment. The business is held for five years. A sale inside that period requires reinvestment of the same sum within twelve months. The route is inside the investment quota. The quota number was not found. Fees are USD 25,000, plus a USD 1,500 undertaking fee and a USD 150 administrative fee. A spouse or child endorsement is USD 200 and does not include work. Naturalisation as a British Overseas Territories Citizen follows five years of residence. The Immigration Bill 2026 is not in force.

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

Change history

  1. Added

    created from regulation 13(2)(g) and the Citizenship Commission PRC page (https://www.tcifsc.tc/assets/documents/05.01-Immigration-Ordinance-20241213175004.pdf).

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