Citizenship Programs
Caribbean commonwealth citizenship-by-investment programs are one of the most well-established and successful investments schemes.
International investors are entitled to apply for full-time citizenship in picturesque and financially secure countries and benefit from greater mobility around the world.
Applicants are granted quick, legal, irrevocable second passports, with no residency time and several advantages.
Commonwealth of Dominica
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. Dominica is a former British colony and a member of the Commonwealth of Nations, the UN, the Organization of American States, CARICOM, and other international organizations.
Country Overview
capital
Roseau
AREA
750 Km2
population
73,000
Language
English
French Patois
Min. donation
US$100,000
Min. investment
US$200,000
VISA-FREE
143 Countries
Legal Basis
- The Citizenship by Investment Program is set out in the regulations published pursuant to Section 101 of the Constitution and Sections 8 and 20 (1) of the Citizenship Act. This act stipulates that persons who have been a continuous resident in Dominica for five (5) years could apply for naturalization and may be eligible for citizenship upon the prescribed payment of fees being paid.
- No applicants with criminal records will be approved for second citizenship in Dominica. All applicants must be at least 18 years old with good character and are willing to make the required investment in Dominica. The Dominica Economic Citizenship Program is a legal naturalization program based on the law & guaranteed by the Government since 1991. Your Dominica citizenship is for a lifetime and may not be revoked, regardless of changes of officials or the Dominica governmental policy. For detailed information visit the official Commonwealth of Dominica citizenship by investment government website. https://www.cbiu.gov.dm/
Advantages
- Dominica passport allows visa-free or visa-on-arrival travel to 143 destinations including Hong Kong, Russia, Singapore, the UK, Europe’s Schengen Area and recently China
- Reputable second passport easy to obtain visas when required
- Citizenship-by-descent is available to future generations.
- Dominica is a member of the Commonwealth, which entitles citizens to certain privileges in the UK and other Commonwealth countries.
- Dual citizenship is allowed by the nation.
- Biometric passport which increases security and decreases the chances of forgery
- No taxes on capital gain, gift, wealth inheritance. No taxes on non-residents
- Ability to open bank accounts worldwide with this passport
- There is no minimum stay or visit required.
- Simple process with fast track option available
Main applicant
- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
Eligibility
DEPENDENTS
- Spouse of the main applicant
- Adult children (biological or adopted) under 31 years of age
- Parents and Grandparents of any age
- Unmarried siblings below 26
- Ability to add dependents after citizenship has been granted to the main applicant
Cost
OPTION 1: A NON-REFUNDABLE CONTRIBUTION TO THE ECONOMIC DEVELOPMENT FUND
Single Applicant- US$ 100,000
Couple- US$ 150,000
Applicant + Spouse + 2 Children- US$ 175,000
Additional Dependents (parent or child)- US$ 25,000 per applicant
Additional sibling- US$ 50,000
OPTION 2: REAL ESTATE
Purchase a property from a government approved real estate project for at least: US$ 200,000 (with a minimum holding period of seven years)
In addition to the purchase of real estate there are government fees to be paid
Single applicant- US$ 25,000
Family up to 4 dependents- US$ 35,000
Family up to 6 dependents- US$ 50,000
DUE DILIGENCE
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- US$ 7,500
Spouse- US$ 4,000
Dependents over 16 years- US$ 4,000
OTHER FEES
Professional fees, official application forms, certificates of citizenship and passports and other disbursements fees are the other costs associated. A detailed quotation with no hidden costs is provided for the specific case.
143
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