Dominica Citizenship Investment Programme
The Dominica Citizenship Investment Programme has been operating since 1993. It is highly reputable programme, and one of the oldest in the Caribbean. The Programme offers investors and their families full citizenship in exchange for an economic contribution to the country. Successful applicants will be are able to travel visa-free to around 115 countries including the European Union, the United Kingdom (UK), Brazil, Singapore, and Hong Kong.
Applicants and their families may gain citizenship in Dominica through the Dominica Citizenship Investment Programme, by choosing between one of two options:
A one-time contribution to the Economic Diversification Fund (EDF)
An investment in pre-approved real estate
ECONOMIC DIVERSIFICATION FUND (EDF)
The EDF option is the most desirable alternative for citizenship by investment in Dominica. The EDF is a Government fund dedicated to the economic development of Dominica. The minimum contribution required under the EDF option is US$100,000.
INVESTMENT IN PRE-APPROVED REAL ESTATE
The pre-approved real estate option requires applicants to purchase property and to maintain ownership for at least 3 years after citizenship is received. If the applicant wishes to re-sell the property to another applicant for citizenship by investment, then the property must be maintained for at least 5 years. The minimum required investment under the pre-approved real estate option is US$200,000.
Applicants for the Dominica Citizenship Investment Programme, must fulfil the following conditions:
- Be at least 18 years of age
- Be of good character
- Have no criminal record
- Pass a detailed background check
- Be able to provide proof of source of funds
- Be healthy
Investors may apply with their spouse and dependent children, and, in some cases, dependent elderly parents or grandparents.
- Full citizenship status
- No requirement to visit Dominica before, during, or after application
- No interview requirement
- No English language requirement
- Low processing fees
- Fast processing time
- All nationalities are eligible
- Dual citizenship is allowed
- Social and political security
- Visa-free travel about 120 countries (including the UK, the EU, and Brazil)
- No foreign income, capital gains, gift, and inheritance tax
- Life in a small, peaceful country
About the Commonwealth of Dominica
The Commonwealth of Dominica is an island-country in the Caribbean Sea.
Dominica is known as the ‘Nature Island of the Caribbean’ due to its unspoiled natural beauty. It is covered in rainforest and mountainous peaks, and has three hundred rivers, countless waterfalls, and 148 km (91 miles) of coastline. Dominica also holds the world’s second-largest thermally active lake.
After a long history of French and British rule, the island gained independence from Great Britain in 1978. Dominica is a parliamentary democracy with a President as the Head of State. The country is a member of the Commonwealth of Nations, the United Nations (UN), the Caribbean Community (CARICOM), the Organisation of Eastern Caribbean States (OECS), the Organisation of American States (OAS), and the International Organisation of La Francophonie.
With its easy lifestyle and friendly community, the island of Dominica has been named as one of the world’s happiest places to live. In addition, this tropical paradise has a vibrant culture, with both European and African traditions.