How long must the investment be maintained and what continuing ownership, investment or physical-presence conditions are important?
For the PRC with an undertaking and home investment, the page requires a Governor’s certificate of undertaking, certificate of occupancy and property valuations before and upon completion of the specified home investment. 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 completion evidence and general revocation grounds but does not establish an additional route-specific ownership or physical-presence duration after grant.
- Current TC Border Control PRC page, home route section
Undertaking and Investment in a Home
Undertaking and Investment in a Home - Fee $25,000
Immigration Regulations 13(2) (f)
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 $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
Evidence Required:
Certificate of occupancy
Property valuation
prior to
investment.
Property valuation
upon completion
of specified investment
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. 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.