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
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 checkrequired
Health checkrequired
Health insurancenot required
Work rights
Employmentnot allowed
Self-employmentnot allowed
Own a businessnot allowed
Work permit includedno
Family and dependents
Dependents allowed
Yes
Spouse included
Yes
Max child age
18
Parents allowed
No
Benefits and mobility
Bank accountno
Property purchaseallowed
Public healthcareno access
Must be primary residencerequired
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, 2026Source
Change history
Added
created from regulation 13(2)(f) and the Citizenship Commission PRC page (tcifsc.tc).