Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are there any incentives for persons returning to live permanently in Trinidad and Tobago?

0
Posted

Are there any incentives for persons returning to live permanently in Trinidad and Tobago?

0

In 1994, Government, in an attempt to encourage nationals to return home, took a decision to grant tax concessions on a motor vehicles and household effects imported by such persons. The following is a summary of benefits to which a returning national is entitled. MOTOR VEHICLES (A) Requirements In order to qualify for any relief of taxes, the person must satisfy all the following conditions: • The person must be eighteen years old and over, and is a citizen of Trinidad and Tobago, or was formerly a citizen of Trinidad and Tobago, or has citizenship of two (2) countries, one of which is Trinidad and Tobago, or is the spouse of a person referred to in sub-paragraphs (a), (b) or (c) above; The person is the registered owner of the vehicle for at least six (6) months prior to his return to Trinidad and Tobago; • Must have resided abroad for a continuous period of at least five (5) years immediately prior to his return to Trinidad and Tobago; intends to reside in Trinidad and Tobago perman

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123