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