PRC with Undertaking - Business

Undertaking and Investment in a Business

AND the business generates employment in the Islands AND not less than 60% of the employees are non-work permit holders.

1. Business License 2. Proof of ownership of the business 3. Audited Accounts for the Business or an Unaudited Accounts Confirmed by a Certified Public Accountant showing how much was invested in the business. 4. Staff Register list indicating immigration status of each employee

Not less than $750,000 in a business or enterprise

1. Not less than $750,000 in a business or enterprise in the island of Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos AND the business generates employment in the Islands **AND** not less than 60% of the employees are non-work permit holders, **OR**

2. Not less than $1,500,000 in a business or enterprise in the islands other than the island of Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos AND the business generates employment in the Islands AND not less than 60% of the employees are non-work permit holders.

Undertaking and Investment in a Business Primary and Secondary School Route - Fee $5,000 Immigration Regulations 13(2) (g) A. You are of good character and in good health Evidence Required: Police Certificate issued in the last six months, and Two character reference letters, and Medical certificate issued in the last six months. B. Undertaking from the Governor Certificate of Undertaking issued by the Governor C. You have made one of the following investments Not less than $750,000 in a business or enterprise in the island of Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos AND the business generates employment in the Islands AND not less than 60% of the employees are non-work permit holders, OR Not less than $1,500,000 in a business or enterprise in the islands other than the island of Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos AND the business generates employment in the Islands AND not less than 60% of the employees are non-work permit holders. Evidence Required: Business License Proof of ownership of the business Audited Accounts for the Business or an Unaudited Accounts Confirmed by a Certified Public Accountant showing how much was invested in the business. Staff Register list indicating immigration status of each employee FEES Submission of Application $150 Non-refundable Certificate of Undertaking $1,500 Non-refundable Application Fee PRC Application $25,000 Endorsements $200 per dependent is r efundable if doesn’t qualify or not approved. If granted, the applicant will not have permission to work, save for in his/her own business or enterprise. Dependents will need a work permit or government stamp to work.

Can a Permanent Residence Certificate be revoked? Yes. Please refer to the following reasons. The application for the Certificate was false in a material particular or failed to disclose a material fact. The person to whom the Certificate was granted has been convicted in the Islands of an offence (other than an offence under the Road Traffic Ordinance which does not involve death or injury. The person to whom the Certificate was granted has been convicted of a criminal offence in any other country and sentenced to a term of imprisonment of not less than twelve months. The person to whom the Certificate was granted has become unable to support himself and his dependents. The person to whom the Certificate was granted has a mental illness or disorder that makes him a danger to society and the Governor considers it to be in the public interest to revoke. The person to whom the Certificate was granted has a communicable disease that makes him a danger to society and the Governor considers it to be in the public interest to revoke. The person to whom the Certificate was granted has breached a condition endorsed on his Certificate requiring him to take up residence in the Islands within a certain period of time. Except where authorised by an endorsement on his Certificate, the person has, subsequent to the grant of the Certificate, ordinarily resided outside the Islands for a continuous period of five years or more. Having been granted a Certificate containing an endorsement prohibiting him from engaging in any gainful occupation, the person has engaged in a gainful occupation. For any other reason the Governor considers that it is not in the public interest that the person continues to reside on the Islands.

Undertaking and Investment in a Business Primary and Secondary School Route - Fee $5,000 Immigration Regulations 13(2) (g) A. You are of good character and in good health Evidence Required: Police Certificate issued in the last six months, and Two character reference letters, and Medical certificate issued in the last six months. B. Undertaking from the Governor Certificate of Undertaking issued by the Governor C. You have made one of the following investments Not less than $750,000 in a business or enterprise in the island of Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos AND the business generates employment in the Islands AND not less than 60% of the employees are non-work permit holders, OR Not less than $1,500,000 in a business or enterprise in the islands other than the island of Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos AND the business generates employment in the Islands AND not less than 60% of the employees are non-work permit holders. Evidence Required: Business License Proof of ownership of the business Audited Accounts for the Business or an Unaudited Accounts Confirmed by a Certified Public Accountant showing how much was invested in the business. Staff Register list indicating immigration status of each employee FEES Submission of Application $150 Non-refundable Certificate of Undertaking $1,500 Non-refundable Application Fee PRC Application $25,000 Endorsements $200 per dependent is r efundable if doesn’t qualify or not approved. If granted, the applicant will not have permission to work, save for in his/her own business or enterprise. Dependents will need a work permit or government stamp to work.

I would like for my spouse and child to live in the islands along with me. How can this be facilitated? Your spouse and children may be endorsed on your Permanent Residence Certificate, if they qualify. It should be noted however that an endorsement does not permit your spouse to work in the Islands unless he or she acquires a work permit or his or her own Permanent Residence Certificate. You/Your child may be required to do a DNA test to confirm paternity. You are advised not to take arrange to undergo this tests without specific directions from caseworkers as these will not be accepted. Children adopted outside the Islands and step children may not be endorsed on their adopted parent/stepparent’s Permanent Residence Certificate. A person who fails to disclose a dependent on his initial application for a PRC shall not be able to have that dependent endorsed in any subsequent applications for endorsements. Can other relatives such as parents, nieces, nephews, brothers, sisters, uncles, aunts and grandparents be endorsed? No. Can I apply for naturalization as a British Overseas Territory Citizen of the Turks and Caicos Islands after the grant of a Permanent Residence Certificate? You may qualify to apply for naturalization twelve (12) months after obtaining a PRC. Given that there are additional criteria for naturalization, you should read the following document carefully before submitting an application – Do I need to Naturalise ? Naturalisation fees are non-refundable. Will my spouse and dependents qualify to apply for naturalization as a British Overseas Territory Citizen of the Turks and Caicos Islands while they are endorsed on my Permanent Residence Certificate? No. In order to qualify to apply, your spouse and children will need to acquire his or her own Permanent Residence Certificate before doing so. Is there an expiration date for endorsements on a Permanent Residence Certificate? Yes. The endorsement of a child expires upon attaining the age of 19. With respect to a spouse, the endorsement is valid for eleven (11) years which may be renewed as necessary.

Permanent Residence status is an immigration status in the Islands that allows the person named on a Permanent Residence Certificate (PRC) to reside without restrictions on the length of time he or she can remain in the islands

Can I apply for naturalization as a British Overseas Territory Citizen of the Turks and Caicos Islands after the grant of a Permanent Residence Certificate? You may qualify to apply for naturalization twelve (12) months after obtaining a PRC. Given that there are additional criteria for naturalization

Except where authorised by an endorsement on his Certificate, the person has, subsequent to the grant of the Certificate, ordinarily resided outside the Islands for a continuous period of five years or more.