What are the requirements to get permanent citizenship?

JSAVAGE · 2019-08-22T03:56:38+02:00

What are the requirements to move here

JSAVAGE Member

1POSTS

6 years ago

What are聽 the聽 requirements to move here

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Jackie Dally New member

6POSTS

6 years ago

It is very complex and can be expensive. You either have to have lived and worked there for 10 years then you can pay for what they call PRC or you have to spend over $1m on property then pay for a PRC. Check out the Government website for more details

skip84 Active member

79POSTS

6 years ago

There are a number of ways to get citizenship, you can apply if you have had 10 consecutive work permits or through investment in the islands, the amount invested depends on which island you want to be based on.

If you want further information please send me a message.

Thanks - Skip

GuestPoster209 Guest

0POSTS

6 years ago

MollieC Member

2POSTS

6 years ago

Does the purchase of the land count towards the investment by home route or just the actual construction of the home?

"Not less than $300,000 in the actual construction, purchase or renovation of a distressed property as a home in the island of Grand Turk, salt Cay, South Caicos, Middle Caicos or North Caicos , OR

Not less than $1,000,000 in the actual construction, purchase or renovation of a distressed property as a home in the islands other than Grand Turk, salt Cay, South Caicos, Middle Caicos or North Caicos"

skip84 Active member

79POSTS

6 years ago

My understanding is that it is only the construction of the home as defined in the ordinance. However, they may make allowances if you are close to the threshold.

MollieC wrote:
Does the purchase of the land count towards the investment by home route or just the actual construction of the home?

"Not less than $300,000 in the actual construction, purchase or renovation of a distressed property as a home in the island of Grand Turk, salt Cay, South Caicos, Middle Caicos or North Caicos , OR

Not less than $1,000,000 in the actual construction, purchase or renovation of a distressed property as a home in the islands other than Grand Turk, salt Cay, South Caicos, Middle Caicos or North Caicos"

lobomago Active member

35POSTS

6 years ago

You may apply for permanent residency using several routes.聽 This is not the same as citizenship.聽 The PRC obtained through investment does not usually convey the right to work.聽 You may be allowed to work in your own business but nowhere else.

esha71 Active member

25POSTS

3 years ago

Hello everyone,

I am evaluating the recently started Turks & Caicos Investor based Permanent Residence route (buy 300k$ house). Does anyone know how easy it is to eventually translate the investor based Permanent Residence permit into naturalizing as an TCI BOTC? The rules say 5 years residence in the island to be eligible for naturalisation, but how is residency determined for those with investment properties but overseas jobs? Do maintaining active addresses, utility bills, paying taxes qualify as maintaining residence ? If not, how many minimum months/weeks are applicants supposed to be physically present in the island to qualify?

Thanks