Turks-and-Caicos-Islands

Turks and Caicos Islands

$300,000

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Product Description

Price
Real Estate $ 300,000 / $ 1 million
Company $ 750,000 / $ 1.5 million

Acquired through
Real Estate or Enterprise

Real Estate

  • a. Investment of not less than $300,000 in actual construction of a new home, or in renovation of a distressed property as a home for the applicant and his or her dependents, on the islands of Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos.
  • b. Investment of not less than $1 million in actual construction of a new home or renovation of a distressed property as a home for the applicant and his or her dependents in any of the other islands.

Businesses and Enterprises

  • c. Investment of not less than $750,000 in cash in a business or enterprise in Grand Turk, Salt Cay, South Caicos, Middle Caicos or North Caicos which business generates employment for persons in TCI of which not less than 60 percent are TCI nationals or permanent residents.
  • d. Investment of not less than $1.5 million in cash in a business or enterprise in one of the other islands which business generates employment for persons in TCI of which not less than 60 percent are TCI nationals or permanent residents.

Restrictions
Permanent residence certificates issued in category (a) or (b) do not confer any right to work. Those in category (c) or (d) come with the right to work in the business or enterprise concerned.

Source
http://www.compasscayman.com/cfr/2014/04/07/Economic-citizenship-and-residency-programs

Additional Information

Schengen Access without Visa

Yes