Residency Requirements in the Turks and Caicos Islands

A human resources and Executive search consultant by profession, Jason Hanold considered relocating during the winter months to the Turks and Caicos Islands with his family. Jason Hanold is from Kenilworth, Illinois, where he began serving as managing partner and CEO of Hanold Associates in 2010.

To immigrate to the Turks and Caicos Islands, an individual or family must first acquire approved residence documents. The simplest is the Temporary Residence Certificate, which can be issued to anyone who is in good physical and mental health, of strong character, and has the means to support themselves and any family members without working. Immigrants who wish to work must have a work permit from his or her employer; and self-employed persons must secure a business license as well as a work permit.

Those who wish to live permanently in the Turks and Caicos may apply for a Permanent Residence Certificate. For many people, this requires a work permit. However, recent legislation has allowed for a person with means to secure permanent residency by investing in a business or real estate. Investment requirements range from $125,000 to $1,000,000 in real estate or upwards of $750,000 in a business that employs residents of the Islands.

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