ms_rbi
Permit of Economic Residence
Montserrat · Caribbean
Source: Mobility Asset DatabaseLifecycle: UnknownExtended ResidencyEconomic Residency
Program facts from the CitizensOS Mobility Asset Database. Unknown facts are shown as Unknown, never as zero.
- Publication state
- Mobility Asset Database
- Lifecycle status
- Unknown
- Facts checked through
- Sep 21, 2026
- Source snapshots
- Database edition
Identity and current status
The route identity and current status.
- Year establishedPublished
- 1998
- Governing lawPublished
- Immigration Act (Cap. 13.01), Immigration (Economic Residence Permit) Regulations, S.R.O. 8/1998
- Responsible authorityPublished
- Consular Division, Office of the Deputy Governor (applications decided by the Governor in Council via the Financial Secretary)
What the program provides
What the program gives the holder.
- What the program providesPublished
- Right to reside in the British Overseas Territory of Montserrat for holding EC$400,000 (about US$148,000) in local property, a bank deposit or government securities alongside a business investment
Best suited for
Who the program tends to suit. Research only, never a personal recommendation.
No governed customer claim is present for this section.
Eligibility
Personal qualifications an applicant must establish.
- Minimum agePublished
- 18 years
- Clean criminal record requiredPublished
- Yes
- Local health insurance requiredPublished
- No
- Nationality restrictionsPublished
- No
- Basic eligibilityPublished
- Business experience, legally obtained net worth above EC$400,000, a declared commercial investment in Montserrat, and a maintained property, local bank deposit or Montserrat government securities of at least EC$400,000; fit and proper test
- Generational limitPublished
- Not applicable
Household inclusion
How spouses and children are treated.
- Family sponsorshipPublished
- Yes
- Spouse includedPublished
- Yes
- Children includedPublished
- Yes
- Child age limitPublished
- 15 years
- ChildrenPublished
- Dependants are the spouse and children, step-children or adopted children under 16. Dependants apply separately (Form C) for a permanent residence permit, which requires them to be residing in Montserrat when they apply and lasts only as long as the main permit.
Documents
Evidence categories and filing documents.
No governed customer claim is present for this section.
Process and timeline
How you apply and how long it takes.
- Processing timeUnknown
- Unknown
- Can apply without travelingPublished
- Yes
- How you applyPublished
- Paper application (Form A) to the Governor in Council through the Financial Secretary, with certified documents
- Required in-person stepPublished
- Interview with original documents if requested
- What the processing time measuresPublished
- No official processing time published
- Official application routePublished
- https://www.gov.ms/wp-content/uploads/2020/08/Economic-Residence-Guidance-Notes-002.pdf
Costs and investment
Fees, income and savings thresholds, and investment amounts.
- Minimum investmentPublished
- $148,000
- Minimum passive investment (July 2026)Published
- $148,000
- Minimum active investment (July 2026)Unknown
- Unknown
- Processing feePublished
- $7,400
- Application feePublished
- $370
- Total cost to applyPublished
- $7,770
- Monthly income requiredPublished
- None required
- Monthly pension income requiredPublished
- None required
- Monthly rental income requiredPublished
- None required
- Savings requiredUnknown
- Unknown
- Proof of sufficient fundsPublished
- Yes
- Local bank deposit requiredPublished
- No
- Minimum local bank depositPublished
- None required
- Minimum investment as published (Sept 2026)Published
- XCD 400,000 held in Montserrat property, a local bank deposit or Montserrat government securities, plus a commercial investment
- Other investment routes (Sept 2026)Published
- Three ways to hold the XCD 400,000: property, term deposit at a commercial bank in Montserrat, or Montserrat government securities. A separate commercial (business) investment is also required; its size is set case by case. The Governor in Council may add conditions such as creating local jobs, and may grant a permit in the national interest outside these rules.
- Fees paidPublished
- After approval
- Cost notesPublished
- Application fee EC$1,000 (about US$370); processing fee EC$20,000 (about US$7,400) for non-CARICOM nationals, EC$10,000 (about US$3,700) for CARICOM nationals. The regulations say the prescribed fee is paid to the Accountant General after the approval notice. Fee schedule dated April 2017.
Presence and maintenance
Stay, renewal, and how long the status lasts.
- Stay required to keep statusPublished
- None
- Physical presence requiredPublished
- No
- In-country visit requiredPublished
- No
- Move-in windowPublished
- 0 months
- Length of residencyUnknown
- Unknown
- Residency is lifetimePublished
- No
- RenewableUnknown
- Unknown
- Maximum durationUnknown
- Unknown
- Maximum duration is lifetimePublished
- No
- Stay rule (Sept 2026)Published
- No minimum stay stated in the regulations or guidance
- Tax residency rulePublished
- Individuals physically present in Montserrat for 183 days or more in the basic year are tax residents
- Personal income taxPublished
- range between 0%-40%
Rights and onward pathways
Work, healthcare and other rights, and the path to permanent residence and citizenship.
- Time to permanent residencyPublished
- 15 years
- Time to citizenshipPublished
- 16 years
- Work for a local employerUnknown
- Unknown
- Start a businessPublished
- Yes
- Remote or freelance workPublished
- Yes
- Local healthcare accessUnknown
- Unknown
- University accessUnknown
- Unknown
- Can buy landPublished
- Yes
- Local bankingPublished
- Yes
- Permanent residence timeline basisPublished
- Years stated
- Citizenship timeline basisPublished
- Years stated
Risks, limitations, and uncertainty
Notes on changes, conflicts, and limits.
- Investment note (Sept 2026)Published
- The XCD 400,000 is the only published figure; the required commercial investment is not quantified, so the real outlay is higher. Montserrat states it runs no citizenship by investment programme. Guidance notes date from April 2017; no later change found.
- Plan B note (Sept 2026)Published
- Permit holders are exempt from section 21 of the Immigration Act while the permit is valid. It is not permanent residence: ordinary permanent residence needs years of actual residence (15 years under S.R.O. 2 of 2026, previously 8), and naturalisation as a British Overseas Territories citizen can follow at least a year after the permanent residence card. The permit can be revoked if a grant condition, such as maintaining the investment, is not met.
Sources, freshness, and conflict disclosure
Where the CitizensOS Mobility Asset Database took these facts from.
- Official program websitePublished
- https://www.gov.ms/government/non-ministerial-departments/office-of-the-deputy-governor/citizenship-residence-information/
- Investment source (Sept 2026)Published
- https://www.gov.ms/wp-content/uploads/2020/08/Statutory-Rules-Order-No.-8-of-1998-iro-Economic-Residence-002.pdf | https://www.gov.ms/wp-content/uploads/2020/08/Economic-Residence-Guidance-Notes-002.pdf
- Plan B sources (Sept 2026)Published
- https://www.gov.ms/wp-content/uploads/2020/08/Statutory-Rules-Order-No.-8-of-1998-iro-Economic-Residence-002.pdf | https://www.gov.ms/wp-content/uploads/2020/08/Economic-Residence-Guidance-Notes-002.pdf | https://www.gov.ms/government/non-ministerial-departments/office-of-the-deputy-governor/citizenship-residence-information/ | https://www.gov.ms/wp-content/uploads/2020/08/Permanent-Residence-Leaflet-002.pdf
Every fact on this page comes from the CitizensOS Mobility Asset Database (Sep 21, 2026 edition). A blank is shown as Unknown.
This anonymous dossier is read-only research. It does not establish personal fit, eligibility, legal or tax advice, filing, approval, residence, citizenship, or a held Right.