Working as a freelancer in the Turks and Caicos Islands

Member since 02 June 2014

KenjeeViP16 September 2015 07:42:07

19610

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

lobomago Active member

Member since 12 November 2014

lobomagoActive member20 September 2015 04:14:07

You can apply for a business license as a self employed person as long as the category is not restricted to belongers only.聽 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.聽 It is possible, but not easy.

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

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