Dominica
COUNTRY PROFILE
Official Name: Commonwealth of Dominica
Capital and Largest City: Roseau
Time zone: Eastern Caribbean (UTC–4)
Area : 754 km²
Nationality : Dominicans
Languages : English. A French based Creole (Patois) is widely spoken by residents
WHY DOMINICA?
Since 1993, investors have been able to apply for state citizenship in Dominica. It is a program that is among the most reasonably priced in the Caribbean with a minimum investment of $100,000.
The Dominica Citizenship by Investment Program has been recognized as the top CBI program in the world.
One of the happiest countries in the world, a politically and economically stable democratic state, it is also abundant in pure water, all kinds of exotic fruits, greens, and vegetables, the land of summer, sea, and sun. It is also a paradise for everyone looking for a better place to live.
In Dominica, where tourism is still in its infancy with only 50,000 tourists a year on average, agriculture is still the main driver of the country's economy.
Dominica might be the place for you if you want adventure in a beautiful setting, calm, safety, and an active lifestyle.
DOMINICA CITIZENSHIP BY INVESTMENT PROGRAM
Dominica passports are obtained through financial investments in the economy of the nation, such as real estate purchases or non-refundable contributions to governmental funds.
After three years, you can sell the house. Nonetheless, the next owner may take part in the investment program if property is sold within five years.
Dominica has a citizenship by investment scheme that awards foreigners direct citizenship for an unlimited period of time in exchange for meeting investment requirements. One of the most affordable citizenship programs in the world is this one.
DOMINICA CITIZENSHIP PROGRAM
Get a Dominican passport and citizenship, regardless of changes in government leaders or policy, your Dominica citizenship is permanent and cannot be revoked.
As part of this program, you can obtain citizenship and a passport in exchange for making a direct contribution to the socioeconomic development of the nation.
LEGAL HISTORY
The citizenship act, which was passed in 1993 and is backed by the government, was based on chapter vii, section 101 of the constitution, and it stated that anyone who has lived continuously in Dominica for five (5) years is eligible to apply for naturalization and get citizenship.
As a result of a 1993 revision to the commonwealth of Dominica citizenship act, the idea of economic citizenship by investment was created, and investors who made investments in the quantity and manner required by the government were exempt from the residency requirement.
Key Benefits Of Obtaining A Dominica Citizenship By Investment Passport
- Visa-free travel to 145 countries including the UK, Singapore, Hong Kong and China.
- Full citizenship with passport granted to main applicant, spouse, children, and parents.
- Applicants will also receive additional identification documents with biometrics, including a National ID, Tax ID and a Driver’s License.
- Lowest priced programme in the Caribbean for a single applicant.
- No physical presence requirement.
- Parents or grandparents 65 years old or above to qualify as dependants as long as they are substantially supported by the main applicant or his or her spouse.
- Offer citizenship by marriage and descent.
- A processing fee of US$2,000 is charged upon registration of a kid who is under the age of five and was born to the applicant after obtaining citizenship.
- The age of dependency for children has been raised to 28 years.
- A child of the applicant or his or her spouse who is between the ages of 18 and 28 and enrolled full-time in a recognized institution of higher learning after turning 18 while being financially supported in full by the applicant.
- A daughter of the applicant who is under 28 years old, unmarried, and who lives with and is supported entirely by the applicant.
- Investing in real estate starting at $200,000.
- Changes in tax domicile may be possible.
- The family as a whole has a backup strategy.
- 3-4 months time frame for obtaining a passport.
- The property can be sold after three years
REQUIREMENTS / INVESTMENT OPTIONS
The Dominica Citizenship-by-Investment Program requires a candidate to contribute a sizeable sum of money to the nation in exchange for citizenship for the candidate and his or her family.
The primary applicant must fulfill the necessary due diligence requirements, be over the age of 18, and choose one of the two choices listed below in order to be eligible for citizenship.
- Making a non-refundable donation of at least USD 100,000 to the Economic Diversification Fund (EDF).
- Investing at least USD 200,000 in the purchase of eligible real estate in a scheme that has received government approval.
DONATION
The Dominican Republic’s national growth was the motivation behind the creation of the EDF, one element of the national mobilization portfolio. Where a need is recognized, generated funds are used for public and private sector projects like school construction and hospital renovations.
- The main applicant may be his or her spouse, children under 18 with a physical or mental challenge who are substantially supported by the main applicant or his or her spouse.
- Children of the main applicant between 18 and 30 who are enrolled in an accredited higher education institution and supported by the main applicant and his or her spouse.
- An unmarried daughter of the main applicant or his or spouse under 25 who is residing with and being fully supported by the main applicant and his or her spouse.
- Parents or grandparents who are at least 65 years old and who receive the main applicant’s and their spouse’s substantial support.
Two cost possibilities are summarized in the table below:
| DOMINICA | Single Applicant | Family of Four |
|---|---|---|
|
Contribution to EDF |
100,000 |
175,000 |
|
Government Processing fees |
1,000 |
1,000 |
|
Due Diligence Fees |
7,500 |
11,500 |
|
Cert of Naturalization |
250 |
1,000 |
|
Passport(s) |
125 |
500 |
Sub - Total |
USD 108,875 |
USD 189,000 |
Please note, additional charges may apply.
REAL ESTATE
Additionally, applicants had the option of purchasing real estate from a government-approved real estate initiative for a minimum price of USD 200,000.
For the same two scenarios as above, this choice will entail the following government fees and due diligence fees.
| DOMINICA | Single Applicant | Family of Four |
|---|---|---|
|
Minimum price |
200,000 |
200,000 |
|
Government Processing fees |
1,000 |
1,000 |
|
Government Contribution |
25,000 |
35,000 |
|
Due Diligence Fees |
7,500 |
11,500 |
|
Cert of Naturalization |
250 |
1,000 |
|
Passport(s) |
125 |
500 |
Sub - Total
|
USD 233,875
|
USD 249,000
|
Please note, additional charges may apply.
The primary applicant and any dependents must also have a spotless personal history free of any criminal convictions in addition to meeting one of the aforementioned investment requirements. The government agency in charge of handling and reviewing each application as well as carrying out stringent due diligence checks is the Citizenship-by-Investment Unit (CIU).
If a potential citizen is found to pose a danger to national security, reputation, or is under criminal investigation, they will not be granted citizenship. The same applies if they have been refused a visa to a nation with which Dominica has a visa-free travel agreement.
Obtaining citizenship is an entirely remote procedure, and the only way to apply is through a licensed agent.
Eligibility Requirements
To qualify for the Dominica citizenship, the applicant must:
- Be 18 years of age or older.
- Possess a clean crime record.
- Please submit all necessary documentation in English.
- Send the Minister in charge of Citizenship a document of application for economic citizenship.
- Make a gift or investment that qualifies.
- The application must be filed via a representative approved by the government.
- Be with a legitimate income.
- No refusals of visas.
- No significant diseases.
Application Process
Initial due diligence.
Sign client agreement, complete government
forms and provide supporting documentation
Application submitted. Government process and
complete due diligence.
On approval, government contribution is made or real estate completed. Following approval in principle, passports are issued within two to four weeks.
