VISAS: Visitors from most countries do not require a visa for stays of up to 90 days on holiday or 30 days on business. Immigration officers carry out interviews of travellers at all ports on arrival, and visitors are highly recommended to travel with a printed return ticket, along with the address...
For many years, Trinidad and Tobago has maintained a flat tax rate of 25%. This has since changed following the 2016/17 National Budget, which was introduced in September 2016. Effective January 1, 2017, individuals and companies whose chargeable income is in excess of TT$1m ($149,000) will be charged at a tiered rate. The progressive tax...
The proposed introduction of the new property tax regime in 2017, if implemented efficiently and transparently, should be viewed in a positive light due to the possible long-term social and economic value it could create in Trinidad and Tobago. It heralds a potential paradigm shift that could allow the state’s fiscal policy to be utilised more...
Facing twin challenges of low energy prices and a sluggish global economy, Trinidad and Tobago finds itself in a perfect storm. To illustrate the extent of this challenge, revenue from petroleum fell from TT$19.3bn ($2.9bn) in 2014 to TT$1.7bn ($254m) in 2016, resulting in a huge hit to government coffers. While these circumstances are trying...
Like much of the English-speaking Caribbean, Trinidad and Tobago’s health care system takes inspiration from the UK’s National Health Service. Funded by the national budget, the system provides universal coverage at primary, secondary and tertiary levels, with the Ministry of Health (MoH) responsible for planning, monitoring and evaluating the...
Successive governments in Trinidad and Tobago have placed a high emphasis on education, and many of the profits derived from the country’s flourishing hydrocarbons sector have been channelled towards the development of schools and funding of tertiary education. The education system, despite at times eliciting criticism for its competitive...
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