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Dominica Citizenship by Investment

Dominica Citizenship by Investment

Welcome to the Dominica Citizenship by Investment Program, recognized as the top-ranked CBI program. Even with the 2024 price hikes across Caribbean CBI programs, Dominica remains the most cost-effective and fastest route to obtaining second citizenship. By investing $200,000, investors can secure a Dominica passport for themselves and their families, gaining visa-free access to over 145 countries, including 29 Schengen states, China, Russia, and more.

Dominica Citizenship by Investment Program

Dominica is a well-known tourist destination, with tourism playing a significant role in the country’s economy. In addition, offshore financial services and agriculture are two other important sectors contributing to Dominica’s GDP. The Dominica Citizenship by Investment (CBI) program plays a crucial role in enhancing infrastructure and creating job opportunities across the nation. In exchange, investors receive a Dominica passport through investment, offering them and their families the benefit of global mobility.

Investment

Minimum contribution of USD 200,000

Languages

English

Economy

Driven by tourism, real estate and financial services.

Currency

East Caribbean Dollar

Dominica Citizenship by Investment Options

Many individuals seeking the simplest Caribbean citizenship by investment often ask how to obtain Dominica citizenship. There are two primary investment routes to obtain Dominica dual citizenship: through a government donation or by investing in approved real estate. In addition to government fees, the following are the available investment options for becoming a citizen of Dominica:

Dominica Citizenship by Donation (Dominica Economic Development Fund)

Obtaining Dominica dual citizenship through a government-approved contribution to the Economic Development Fund (EDF) is one of the qualifying investment options.

  • A non-refundable donation of $200,000 is required for a single applicant
  • A donation of $250,000 covers a family of up to four, including the main applicant
  • An additional $25,000 is required for each dependent under the age of 18
  • An additional $40,000 is required for each dependent aged 18 or older

Dominica Citizenship by Real Estate Investment

To obtain Dominica citizenship through real estate investment, applicants must invest a minimum of $200,000 in government-approved real estate projects. The property must be held for at least 3 years if resold on the open market, or 5 years if sold to another Citizenship by Investment applicant. In addition to the real estate investment, the following government fees apply:

  • $75,000 for a single applicant
  • $100,000 for a family of up to four, including the main applicant
  • $25,000 for each additional dependent under the age of 18
  • $40,000 for each additional dependent aged 18 or older

Other government fees include a due diligence fee of $7,500 for the main applicant, $4,000 for each dependent 16 and above. The processing fee for a Dominica dual citizenship application is $1,000 per person, the interview fee is $1,000, and the Dominica Certificate of Naturalisation fee is $500.

Benefits of Dominica Citizenship by Investment Program

The advantages of holding Dominica’s second citizenship make it an appealing choice for investors. Major benefits include favourable tax conditions, enhanced global mobility, and opportunities for international business growth. Below are the key benefits of acquiring Dominica citizenship through investment:

  • Visa-free access to over 145 countries, including all Schengen Area nations
  • Favourable tax structure – no income tax on earnings below 30,000 East Caribbean Dollars from within Dominica, no tax on global income, and no capital gains tax
  • Unmarried dependent children under 30 can be included in the Dominica second citizenship application
  • Dependent parents and grandparents aged 65 or older are also eligible for inclusion
  • A virtual interview can be requested for applicants and family members aged 16 and above
  • Real estate investments can be sold after a minimum holding period of 3 years

Dominica Citizenship by Investment Requirements

To qualify for Dominica citizenship by investment, applicants must fulfil the minimum requirements, including either a donation or a real estate investment. The details of the Dominica CBI program are as follows:

  • The applicant must be at least 18 years old
  • Meet the investment requirements and apply through an authorized CBI agent
  • Pass a thorough due diligence check, have no serious health issues, and possess a clean criminal record
  • Maintain the investment for the required duration if applying through a real estate investment

Dominica Citizenship Application Process

The Dominica CBI process includes an initial assessment, completing the investment, submitting the application, attending a citizenship interview, taking the oath of allegiance, and finally receiving the Dominica passport.

Initial Assessment

The process for obtaining Dominica’s second citizenship begins with a free initial assessment at Prop80 Limited. As an authorised agent of the Dominica CBI program, we handle all aspects of the citizenship application. Following the assessment, our expert immigration consultants will gather and prepare all necessary documents for you and your family members to apply for Dominica’s second citizenship.

Dominica Citizenship Application Submission and Investment

We will submit your Dominica citizenship application to the Commonwealth of Dominica CBI Unit to initiate the process. This includes making the initial payment for Dominica dual nationality along with the applicable government fees.

 

Application Processing

The Dominica CBI Unit will review the citizenship application based on specific criteria, including verifying documents, conducting due diligence checks on bank statements, and requesting the final payment. This stage also includes interviews with the main applicant and any dependent family members.

Dominica Citizenship Approval via Naturalization Certificate

The final step involves issuing the Dominica certificate of naturalisation to successful applicants. The main applicant and all eligible dependent family members will receive their Dominica second passports. Passports for minor family members are valid for 5 years, while those for adult family members have a validity of 10 years.