Known as the “Nature Isle of the Caribbean,” the Commonwealth of Dominica is indeed a place of unspoiled natural beauty with its lush mountain rainforest and its breathtaking underwater landscape. Found halfway along the Eastern Caribbean archipelago, the size of the island is about 751 km² (290 square miles) and boasts 148 km (91 miles) of coastal line. Rivers, lakes, waterfalls and hot springs abound in this volcanic island.
The Citizenship by Investment Program of Dominica has been operating since 1993 and is legally entrenched in the Dominican Constitution and the Citizenship Act. Citizenship in Dominica can offer a lifetime of security. Once obtained, Dominica’s citizenship is for life and will allow you to travel to over 110 countries including European Union, the Schengen region, and the United Kingdom. Passports are valid for 10 years, and are easily renewed in Dominica.
Investors can be granted citizenship by making an economic contribution to the Government Fund, at least US$100,000 depending on the number of dependents included in the application. Another option is to invest in designated real estate with a value of at least US$200,000. Applicant may re-sell their property to another applicant under the program but they must wait at least five years.
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REASONS TO CHOOSE DOMINICA
- Most affordable citizenship by investment program
- Dual and lifetime citizenship
- No physical residency requirements
- Inclusion of dependent children under 25 years old and dependent parents/grandparents over 65 years old
- No minimum level of education required
- No management experience required
- No interview requirement
- No taxes for non-residents
- Visa-free travel to over 110 countries
- es including the UK, Switzerland and Singapore
INVESTMENT OPTIONS
Government Funds
Generated funds are utilized for public and private sector projects where a need is identified. There are four investment categories with different contribution amounts, based on the number of dependents included in the application:
- Single applicant: a non-refundable investment of US$100,000
- Applicant plus spouse: a non-refundable investment of US$175,000
- Applicant plus spouse and 2 children below the age of 18: a non-refundable investment of US$200,000
- Applicant plus spouse and more than 2 children below the age of 18: a non-refundable contribution of US$200,000 plus US$50,000 for each additional dependent
- Main applicant with up to three qualifying dependents: a non-refundable contribution of USD 200,000
- Any qualifying dependent of the main applicant, other than a spouse: a non-refundable contribution of USD 25,000 per dependant
In addition to the capital investment required under the EDF option, the following fees are also payable:
REAL ESTATE OPTION
An applicant must purchase authorized real estate to the minimum value of USD 200,000.
Following approval of a real estate investment application, the following Government Fees are payable:
- USD 25,000 for the Single Applicant
- USD 35,000 for the main applicant applying with his or her spouse
- USD 35,000 for family up to 4 persons, including the main applicant
- USD 50,000 for family up to 6 persons, including the main applicant
- USD 70,000 for family up to 7 persons or more, including the main applicant
PROCESSING FEES
Per application – USD 1,000
DUE DILIGENCE FEES
Main Applicant – USD 7,500
Spouse – USD 4,000
Dependant aged 16 years or above – USD 4,000
Certificate of Naturalisation Fee – USD 250 per person
Expedited Passport Issuance Fee – USD 1,200 per person
