Added
created from regulation 13(2)(f) and the Citizenship Commission PRC page (https://www.tcifsc.tc/assets/documents/05.01-Immigration-Ordinance-20241213175004.pdf).
Minimum investment
$300,000
2 investment options
Stay
—
Application fee
$25,000
Tax
0.0%
Zero Income Tax
Path to staying
- Permanent residencypossible
- Citizenshipafter 5 years
- Permanent residency
- Citizenship 5 years
- Dual citizenship allowed
Overview
- Country
- Turks and Caicos
- Program
- Permanent Residence Certificate (home with undertaking)
- Local name
- PRC, regulation 13(2)(f)
- Type
- Investor visa
- Status
- Active
Lifetime permanent residence after a Governor's certificate of undertaking and a home investment of USD 300,000 on Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos, or USD 1,000,000 on any other island. The home is new construction, or the purchase or renovation of a distressed property. The holder cannot work without a separate work permit.
Investment options
| Type | Tier / zone | Min amount | USD equivalent | Holding | Returnable | Required |
|---|---|---|---|---|---|---|
| Real estate | Outer islands | USD 300,000 | $300,000 | 5 yr | Yes | Optional |
| Real estate | Other islands | USD 1,000,000 | $1,000,000 | 5 yr | Yes | Optional |
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
- 56–70 days
- Apply from abroad
- No
Notes
Immigration Regulations, regulation 13(2)(f), as amended by Legal Notice 6 of 2017. The citizenship page shortens both tiers to a distressed property and drops the new-construction alternative. The regulation is followed. Evidence is a certificate of occupancy and a certificate from a quantity surveyor licensed in the Islands. The home is held for five years, with twelve months to reinvest the same sum if it is sold sooner. This route is inside the Governor's investment quota. The quota number was not found. Fees are a USD 25,000 PRC fee, a USD 1,500 non-refundable undertaking fee and a USD 150 administrative fee. A spouse or child endorsement is USD 200 and does not include work. The certificate does not authorise gainful occupation. The applicant's principal home must be in the Islands. Naturalisation as a British Overseas Territories Citizen follows five years of residence, not a separate Turks and Caicos citizenship. The Immigration Bill 2026 is not in force.
Last verified Oct 9, 2026 Last changed Oct 10, 2026 Source