Working as a freelancer in the Turks and Caicos Islands

Hi,

A lot of expats dream of becoming self-employed: we would like to help you to make that dream come true.

Can foreigners work as self-employed in the Turks and Caicos Islands? What are the formalities to work as a freelancer?

What are the pros and cons of this status: social security, tax system, etc.?

How is the freelance market in the Turks and Caicos Islands?

Thank you in advance for sharing your experience,

Kenjee

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You can apply for a business license as a self employed person as long as the category is not restricted to belongers only.  Getting a business license as a self employed business owner does not guarantee you a work permit to work in the business that you created.  It is possible, but not easy.

Taxes include an NIB contribution of 8%, an NHIB contribution of 3%.  There are no other payroll deductions at this time but that could always change.

Freelance market?  What type of freelance? Not much that I know of.

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