Right to Reside Permit
The British Virgin Islands Right to Reside permit allows financially independent foreign nationals to live in the territory without engaging in any form of employment. Administered by the Department of Immigration under the Chief Immigration Officer, it targets retirees, pensioners, property owners, and other self-supporting individuals. The BVI does not levy personal income tax or capital gains tax, making it an attractive jurisdiction for those living on passive income.
Applicants must demonstrate sufficient financial means to support themselves and any dependants without employment in the BVI. There is no published minimum income threshold — eligibility is based on providing evidence of financial self-sufficiency through bank statements, proof of social security benefits, or other supporting documentation. No educational or professional qualifications are required. Applicants must be of good character and provide police certificates.
- Valid identification (passport)
- Bank statements demonstrating financial self-sufficiency
- Proof of social security benefits or other income sources
- Evidence of pre-arranged accommodation in the BVI
- Police certificates of character (two copies — from country of birth and country of residence)
- Medical certificate in prescribed form (upon approval)
The permit is valid for one year and is renewable. The application fee is $100 USD, with a $50 USD extension fee for renewals. A review of residence costs $150 USD.
Spouse and children may request permission to reside by writing to the Chief Immigration Officer. Each family member applies individually with supporting documentation. Responses to family applications are typically provided within one to two weeks.
The BVI does not levy personal income tax or capital gains tax. The Inland Revenue Department collects only payroll tax (applicable to employment income only), stamp duty, property tax, and other transaction-based taxes. Since Right to Reside holders are prohibited from working, payroll tax does not apply.
Applicants submit a written request to the Chief Immigration Officer at the Department of Immigration in Road Town, Tortola. The request must include valid identification, proof of financial self-sufficiency, evidence of accommodation, and contact information. Upon approval, applicants present themselves at the Immigration Department to make payment and receive a receipt as proof. The approved holder's passport is stamped, allowing entry and exit during the permit's validity.
Many nationalities, including US, UK, and Western European citizens, do not require an entry visa for the BVI. UK citizens receive a one-month entry stamp upon arrival, extendable up to six months.
Holders must not seek or engage in any form of employment in the BVI. Violations of immigration law carry penalties of up to $1,000 USD and twelve months' imprisonment, plus potential deportation.
After 20 years of continuous residence, holders may apply for a Certificate of Residence (permanent residence). During this period, absence must not exceed 90 days per calendar year, except for education or illness. After a further period holding a Certificate of Residence, holders may apply for Belonger Status, the territory's equivalent of full membership.
Other Visa Programs in North America
Country↑ | Program↕ | Income↕ | Investment↕ | Capital Required↕ | Duration↕ | Dependants↕ | Citizenship↕ | Compare | |
|---|---|---|---|---|---|---|---|---|---|
🇦🇮 Anguilla | Residence by Investment | — | $150,000 one-time | — | Permanent | Yes | Yes (5yr) | ||
🇦🇮 Anguilla | Work from Anguilla Certificate | No official minimum incom... | — | — | 91 days — 1 year | Yes | — | ||
🇦🇬 Antigua and Barbuda | Citizenship by Investment Programme | — | $230,000 one-time | — | Permanent | Yes | Yes | ||
🇦🇼 Aruba | Investor/Shareholder Residence Permit | — | $140,000 one-time | — | 1 year | Yes | Yes (5yr) | ||
🇦🇼 Aruba | One Happy Workation | No specific minimum incom... | — | — | 7 days — 90 days | Yes | — | ||
🇦🇼 Aruba | Retiree / Interest Rate Earner Residence Permit | $28,000 / year | — | — | 1 year | Yes | Yes | ||
🇧🇸 Bahamas | Bahamas Extended Access Travel Stay (BEATS) | No specific minimum incom... | — | — | 1 year — 3 years | Yes | No | ||
🇧🇸 Bahamas | Economic Permanent Residence Certificate | — | BSD 1,000,000 one-time | — | Permanent | Yes | Yes (10yr) | ||
🇧🇸 Bahamas | Permit to Reside (Independent Economic Resident) | No fixed minimum income. ... | — | — | 1 year — 5 years | Yes | — | ||
🇧🇧 Barbados | Special Entry and Reside Permit (Category 1: High Net Worth Investor) | — | $2,000,000 one-time | — | 5 years — Permanent | Yes | Yes | ||
🇧🇧 Barbados | Special Entry and Reside Permit (Category 2: Retired Property Owner) | No fixed minimum income a... | — | — | 5 years — Permanent | Yes | Yes | ||
🇧🇧 Barbados | Welcome Stamp | $50,000 / year | — | — | 1 year | Yes | Yes | ||
🇧🇿 Belize | Long Stay Visitor Permit | $75,000 / year | — | — | 6 months | Yes | Yes (5yr) | ||
🇧🇿 Belize | Qualified Retired Persons Incentive Program | $2,000 / month | — | — | 1 year — Permanent | Yes | No | ||
🇧🇿 Belize | Temporary Residence Permit (Investment) | — | $250,000 one-time | — | 1 year | Yes | Yes (5yr) | ||
🇧🇲 Bermuda | Economic Investment Residential Certificate | — | BMD 2,500,000 one-time | — | Permanent | Yes | Yes (5yr) | ||
🇧🇲 Bermuda | Global Entrepreneur Work Permit | — | — | No fixed minimum capital ... | 1 year | Yes | — | ||
🇧🇲 Bermuda | Permission to Reside on an Annual Basis | No fixed minimum income p... | — | — | 1 year — 5 years | Yes | No | ||
🇻🇬 British Virgin Islands | Right to Reside Permit | No fixed minimum; must de... | — | — | 1 year | Yes | — | ||
🇨🇦 Canada | Digital Nomad Policy | No minimum income thresho... | — | — | 6 months | Yes | — | ||
🇨🇦 Canada | Quebec Immigrant Investor Program | — | CA$1,200,000 one-time | — | Permanent | Yes | Yes (3yr) | ? | |
🇨🇦 Canada | Self-Employed Persons Program | — | — | — | Permanent | Yes | Yes (3yr) | ? | |
🇨🇦 Canada | Start-Up Visa Program | — | — | CA$75,000 one-time | Permanent | Yes | Yes | ? | |
🇰🇾 Cayman Islands | Certificate of Direct Investment | — | $1,220,000 one-time | — | 25 years | Yes | Yes | ||
🇰🇾 Cayman Islands | Certificate of Permanent Residence for Persons of Independent Means | — | $2,440,000 one-time | — | Permanent | Yes | Yes | ||
🇰🇾 Cayman Islands | Residency Certificate for Persons of Independent Means | — | $1,220,000 one-time | — | 25 years | Yes | No | ||
🇰🇾 Cayman Islands | Zone Employment Certificate | — | — | $15,000 one-time | 5 years | Yes | — | ||
🇨🇷 Costa Rica | Digital Nomad Visa | $3,000 / month | — | — | 1 year — 2 years | Yes | No | ||
🇨🇷 Costa Rica | Residencia Temporal Inversionista | — | $150,000 one-time | — | 2 years | Yes | Yes | ||
🇨🇷 Costa Rica | Residencia Temporal Pensionado | $1,000 / month | — | — | 2 years | Yes | — | ||
🇨🇷 Costa Rica | Residencia Temporal Rentista | $2,500 / month | — | — | 2 years | Yes | — | ||
🇨🇺 Cuba | Real Estate Resident Visa | — | No fixed minimum investme... | — | 1 year | Yes | — | ||
🇩🇲 Dominica | Work In Nature Extended Stay Visa | $50,000 / year | — | — | 18 months | Yes | Yes | ||
🇩🇴 Dominican Republic | Residencia Permanente en Calidad de Inversionista | — | $200,000 one-time | — | 1 year — Permanent | Yes | Yes | ||
🇩🇴 Dominican Republic | Residencia Permanente en Calidad de Jubilado o Pensionado | $1,500 / month | — | — | 1 year — Permanent | Yes | Yes | ||
🇩🇴 Dominican Republic | Residencia Permanente en Calidad de Rentista | $2,000 / month | — | — | 1 year — Permanent | Yes | Yes | ||
🇸🇻 El Salvador | Definitive Residency for Investors | — | Investment or donation to... | — | Permanent | Yes | Yes (5yr) | ||
🇸🇻 El Salvador | Freedom Visa | — | $1,000,000 one-time | — | Permanent | Yes | Yes | ||
🇸🇻 El Salvador | Temporary Residency for Pensioners | $1,226 / month | — | — | 1 year — 5 years | Yes | — | ||
🇸🇻 El Salvador | Temporary Residency for Rentistas | $1,460 / month | — | — | 1 year — 5 years | Yes | — | ||
🇬🇩 Grenada | Citizenship by Investment Programme | — | $235,000 one-time | — | Permanent | Yes | Yes | ||
🇬🇩 Grenada | Remote Work Permit | $37,000 / year | — | — | 1 year — 2 years | Yes | Yes | ||
🇬🇹 Guatemala | Permanent Residence for Rentistas or Pensioners | $1,250 / month | — | — | Permanent | Yes | Yes (5yr) | ||
🇬🇹 Guatemala | Temporary Residence for Intellectuals, Researchers, and Scientists | — | — | — | 1 year — 5 years | Yes | — | ||
🇬🇹 Guatemala | Temporary Residence for Investors | — | $100,000 one-time | — | 1 year — 5 years | Yes | — | ||
🇬🇹 Guatemala | Temporary Residence for Self-Employed Workers | — | — | No minimum capital requir... | 1 year — 5 years | Yes | — | ||
🇬🇹 Guatemala | Temporary Residence for Workers with Foreign Employer | $2,000 / month | — | — | 1 year — 5 years | Yes | Yes (5yr) | ||
🇭🇳 Honduras | Investor Residency | — | $50,000 one-time | — | Permanent | Yes | Yes | ||
🇭🇳 Honduras | Pensionado Residency | $1,500 / month | — | — | 2 years — Permanent | Yes | Yes | ||
🇭🇳 Honduras | Rentista Residency | $2,500 / month | — | — | 2 years — Permanent | Yes | Yes | ||
🇯🇲 Jamaica | Permanent Residence (Retirement) | No fixed minimum income t... | — | — | Permanent | Yes | Yes (5yr) | ||
🇲🇶 Martinique | Talent Porteur de Projet — Business Creation | — | — | €30,000 one-time | 4 years | Yes | — | ||
🇲🇶 Martinique | Talent Porteur de Projet — Innovative Economic Project (French Tech Visa) | — | — | No minimum investment req... | 4 years | Yes | — | ||
🇲🇽 Mexico | Permanent Resident Visa for Retirees and Pensioners | $7,400 / month | — | — | Permanent | Yes | Yes (5yr) | ||
🇲🇽 Mexico | Temporary Resident Visa by Economic Solvency | $4,432 / month | — | — | 1 year — 4 years | Yes | No | ||
🇲🇽 Mexico | Temporary Resident Visa for Investors | — | $299,000 one-time | — | 1 year — 4 years | Yes | Yes (5yr) | ||
🇲🇸 Montserrat | Permit of Economic Residence | — | EC$400,000 one-time | — | 5 years | Yes | Yes | ||
🇲🇸 Montserrat | Remote Employment Stamp | $70,000 / year | — | — | 1 year | Yes | — | ||
🇨🇼 Netherlands Antilles | @Home in Curacao | No official minimum incom... | — | — | 6 months — 1 year | Yes | — | ||
🇨🇼 Netherlands Antilles | Investor Permit | — | Cg. 500,000 one-time | — | 3 years — Permanent | Yes | Yes (5yr) | ||
🇨🇼 Netherlands Antilles | Rentier or Retired Residence Permit | ANG 3,000 / month | — | — | 1 year | Yes | — | ||
🇳🇮 Nicaragua | Investor Permanent Residence | — | $30,000 one-time | — | 5 years | Yes | Yes (2yr) | ||
🇳🇮 Nicaragua | Residencia Temporal Pensionado | $600 / month | — | — | 1 year | Yes | — | ||
🇳🇮 Nicaragua | Residencia Temporal Rentista | $750 / month | — | — | 1 year | Yes | — | ||
🇵🇦 Panama | Permanent Residence Permit for Retirees and Pensioners | $1,000 / month | — | — | Permanent | Yes | Yes (5yr) | ||
🇵🇦 Panama | Professional Foreign Residence Permit | — | — | — | 2 years — Permanent | Yes | Yes (5yr) | ||
🇵🇦 Panama | Qualified Investor Permanent Residence | — | $300,000 one-time | — | Permanent | Yes | Yes (5yr) | ||
🇵🇦 Panama | Short Stay Visa for Remote Workers | $3,000 / month | — | — | 9 months — 18 months | No | No | ||
🇰🇳 Saint Kitts and Nevis | Citizenship by Investment Programme | — | $250,000 one-time | — | Permanent | Yes | Yes | ||
🇰🇳 Saint Kitts and Nevis | Temporary Residence Permit | No specific minimum incom... | — | — | 6 months — 1 year | Yes | — | ||
🇱🇨 Saint Lucia | Citizenship by Investment Programme | — | $240,000 one-time | — | Permanent | Yes | Yes | ||
🇱🇨 Saint Lucia | Live It Extended Stay Program | No minimum income require... | — | — | 1 year | Yes | No | ||
🇵🇲 Saint Pierre and Miquelon | Visitor Temporary Residence Card | €1,443 / month | — | — | 1 year | Yes | Yes (5yr) | ||
🇹🇨 Turks and Caicos Islands | Independent Means Residence Permit | No fixed minimum. Must de... | — | — | 1 year — 3 years | Yes | — | ||
🇹🇨 Turks and Caicos Islands | Permanent Residence Certificate (Investment) | — | $300,000 one-time | — | Permanent | Yes | Yes | ||
🇹🇨 Turks and Caicos Islands | Self-Employed Work Permit | — | — | No fixed minimum capital ... | 1 year — 5 years | Yes | — | ||
🇺🇸 United States | EB-1A Extraordinary Ability | — | — | — | Permanent | Yes | Yes (5yr) | ||
🇺🇸 United States | EB-2 National Interest Waiver | — | — | — | Permanent | Yes | Yes (5yr) | ||
🇺🇸 United States | EB-5 Immigrant Investor Program | — | $800,000 one-time | — | Permanent | Yes | Yes | ||
🇺🇸 United States | International Entrepreneur Parole | — | — | $311,071 one-time | 30 months — 5 years | Yes | — |