Minimum USD 200,000
The Dominica Citizenship by Investment Program was introduced in 1993 by the Government of the Commonwealth of Dominica, allowing foreign investors to acquire citizenship under certain conditions. This is now one of the world’s longest-running economic citizenship schemes and one of the most reputable. Applicants obtain an irrevocable citizenship and passport without having to reside in the country or renounce their current nationality.
Processing time - 4 months
Visa free travel - Instant visa-free to 144 countries including the Schengen States, UK, Singapore, Hong Kong, and China
Investment type - Donation to Dominica’s Government Fund or Real Estate Investment in Dominica
Investment cost - USD 100,000 for single applicant or USD 175,000 for a family of 4
Family dependents - Spouse, children up to 30 years old, parents/grandparents above the age 65 years.
Passport validity - For persons above 16 years of age it will be valid for 10 years, for children under 16 it is valid for five years
Named as “Nature Isle of the Caribbean” for its natural environment with lush mountainous forest, natural hot springs and diving spots Commonwealth of Dominica is an attractive ecotourism destination. The country has been independent since 1979 and is a member of the United Nations (UN), the British Commonwealth, the Organization of American States (OAS), CARICOM and various other international organizations.
Dominica is a politically and economically stable state with the lowest crime rate in the region. In addition Dominica recognizes dual citizenship.
CAPITAL | Roseau |
POPULATION | 73,757 |
LANGUAGE | English (official), French patois |
CURRENCY | East Caribbean dollars (XCD), tied to USD |
EXCHANGE RATE | 1 USD = 2.7 XCD |
GOVERNMENT TYPE | Parliamentary republic |
SIGNIFICANT ADVANTAGES
Irrevocable Dominica Citizenship for your lifetime and your generations to come
You make your investment after your application is approved, not before
No need to renounce your current citizenship(s)
No notification to your home country on your new citizenship
No physical residency requirements, you are entitled to apply instantly
No interview, education or management experience required
GLOBAL MOBILITY
Visa-free access over 143 countries including the United Kingdom & Schengen states
Allowed to stay in United Kingdom for 6 months at a time
Dominica second passport is reputable and easy to obtain visas when required
The right to take up residence in Dominica and in most of the CARICOM member countries at any time and for any length of time.
WEALTH PROTECTION
No taxes on capital gains, gift, wealth and inheritance; No taxes for non-residents
Open bank accounts in reliable banking institutions worldwide when you obtain Dominica’s Citizenship
Duty-Free trading in the Caribbean.
No restriction on the repatriation of profits and imported capital
Generous incentive packages including corporate tax incentives, full exemption from import duties, tax relief benefits and export allowance
To be eligible for Dominica Citizenship under its Citizenship by Investment Programme, there are two options to choose from.
1. DONATION – ECONOMIC DIVERSIFICATION FUND (EDF)
Non-refundable financial contribution to a Government fund. The cost varies depending on the number of applicants and their ages. *Family Dependent: Spouse, children up to 30 years old, parents/grandparents above the age 65 years.
Single Application - USD 100,000
Main Applicant plus spouse - USD 150,000
Main Applicant plus three (3) dependents - USD 175,000
Any additional dependent aged 18 years or older - USD 50,000
Any additional dependents below the age of 18 years - USD 25,000
2. REAL ESTATE INVESTMENT
Real Estate Investment through one of the Government approved real estate projects which could be freehold property with title deed; hotel shares; fractional ownership or land. The investment and Government Fees are payable once Dominica’s citizenship is approved.
Minimum Investment - USD 200,000
In addition to the purchase of real estate, there are Government fees to be paid:
Main Applicant - USD 25,000
Main Applicant and up to three (3) Dependents - USD 35,000
Main Applicant and up to five (5) Dependents - USD 50,000
Any additional qualified Dependents - USD 25,000
Compulsory background checks are payable to the Government who appoints a preferred due diligence agency. These agencies use various international and local sources such as Interpol, World-Check and other Government agencies. These fees are payable upon the submission of the application.
Main applicant - USD 7,500
Spouse - USD 4,000
Dependents over 16 years - USD 4,000
Citizenship Invest professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A detailed quotation with no hidden costs is provided for the specific case.