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PRC with Undertaking - Designated Public Sector Project

Turks and Caicos IslandsInvestment

Explore the five recorded questions, answers and sources for this pathway.

Official link

What investment option or options qualify?

A contribution to a designated public sector project in the Islands whose receipt Cabinet has approved, evidenced by a Cabinet Action Minute and a Treasury payment receipt or written confirmation from the Permanent Secretary Finance.

See recorded sources

What official minimum amount, tier or threshold applies to each relevant option?

The minimum is a contribution of not less than $1,000,000 to a designated approved public-sector project in the Islands.

See recorded sources
Limits of the record
  • The official capture is usable evidence, but its page metadata does not establish a current effective date; independent review remains pending.
  • investment condition
    Not less than $1,000,000 contribution in a designated approved public sector project in the Islands.

How long must the investment be maintained and what continuing ownership, investment or physical-presence conditions are important?

For the designated public-sector-project undertaking PRC, the page requires a Governor’s certificate of undertaking, a Cabinet Action Minute approving receipt of the contribution and a Treasury receipt or written payment confirmation. It does not state a minimum post-grant investment-holding period. The government page lists revocation grounds, including ordinary residence outside the Islands for a continuous five years or more unless an endorsement authorises it, inability to support self and dependants, and breaching a no-work endorsement.

See recorded sources
Limits of the record
  • The current PRC page specifies contribution evidence and general revocation grounds but does not establish an additional route-specific physical-presence duration after grant.
  • Current TC Border Control PRC page, project route section
    Undertaking and Investment in a Designated Public Sector Project Undertaking and Investment in a Designated Public Sector Project - Fee $25,000 Immigration Regulations 13(2) (h) 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 the following investment Not less than $1,000,000 contribution in a designated approved public sector project in the Islands. Evidence Required: Cabinet Action Minute confirming approval for receipt of contribution in the named project. Treasury payment receipt and/or written confirmation of receipt of contribution from the Permanent Secretary Finance or a public officer designated by him/her. 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 in the Islands. Dependents will need a work permit or government stamp to work.
  • Current TC Border Control PRC revocation section
    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.

Which family members can be included where officially stated, and what broad residence/work rights result?

A qualifying spouse or child may be endorsed on the PRC; the page excludes other relatives and says stepchildren and children adopted outside the Islands cannot be endorsed. An endorsed spouse does not acquire a work right through the endorsement and needs a work permit or their own PRC to work. The child endorsement expires at 19; the spouse endorsement lasts 11 years and may be renewed. A spouse or child needs their own PRC before seeking naturalisation. A dependent omitted from the initial PRC application cannot be endorsed in a later endorsement application. For the designated public-sector-project undertaking route, the page lists a $200 endorsement fee per dependent, refundable if the application does not qualify or is not approved. It states that the granted main applicant cannot work and dependents need separate work permission.

See recorded sources
Limits of the record
  • Endorsement depends on qualification; the main applicant’s no-work condition remains separate from family residence rights.
  • Current TC Border Control PRC page, project route section
    Undertaking and Investment in a Designated Public Sector Project Undertaking and Investment in a Designated Public Sector Project - Fee $25,000 Immigration Regulations 13(2) (h) 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 the following investment Not less than $1,000,000 contribution in a designated approved public sector project in the Islands. Evidence Required: Cabinet Action Minute confirming approval for receipt of contribution in the named project. Treasury payment receipt and/or written confirmation of receipt of contribution from the Permanent Secretary Finance or a public officer designated by him/her. 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 in the Islands. Dependents will need a work permit or government stamp to work.
  • Current TC Border Control PRC family section
    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.

What status is obtained, how is it renewed, what longer-term residence/citizenship direction is officially stated, and what happens to the investment when relevant?

Permanent Residence Certificate (PRC): permanent residence status allowing residence without restriction on length of stay. A PRC holder may qualify to apply for naturalisation as a British Overseas Territory Citizen of the Turks and Caicos Islands twelve months after obtaining the PRC, subject to additional naturalisation criteria. The PRC can be revoked, among other reasons, if the holder ordinarily resides outside the Islands for a continuous period of five years or more, unless authorised by an endorsement. The official source does not state renewal or the fate of the investment.

See recorded sources
Limits of the record
  • No renewal procedure for the PRC itself is stated.
  • What happens to the investment after the PRC is granted (holding period, sale) is not stated.
  • https://premier.gov.tc/bordercontrol/services/prc
    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
  • https://premier.gov.tc/bordercontrol/services/prc
    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
  • https://premier.gov.tc/bordercontrol/services/prc
    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.

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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