About the Commonwealth of Dominica
The Dominica Citizenship by Investment Programme is offered by the Commonwealth of Dominica, which is an island-country in the Caribbean Sea.
Dominica is known as the ‘Nature Isle 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 Organization of American States (OAS), and the International Organization 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.
Location
Dominica is located between the Caribbean Sea and the North Atlantic Ocean, approximately halfway between Puerto Rico and Trinidad and Tobago.
The island can be reached from the United States and Europe through short stopovers in Antigua (ANU), Barbados (BGI), St Maarten (SXM), Puerto Rico (SJU), Guadeloupe (PTP), and Martinique (FDF).
Dominica Citizenship by Investment Programme
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Launched in 1993, Dominica’s Citizenship by Investment (CBI) programme has been ranked as the number one CBI initiative for six consecutive years by the CBI Index. This is a ranking system published by the Financial Times Professional Wealth Management (PWM) magazine.
General Requirements
Dominica’s CBI programme focuses on the overall quality and integrity of its applicants, as it only accepts individuals of outstanding character and repute. To ensure only credible persons of excellent standing are granted citizenship, comprehensive due diligence checks are performed on all applicants 16 years of age or over.
All applicants 16 years of age or over will be required to attend a mandatory interview.
A main applicant for the Dominica CBI Programme must fulfil the following conditions:
- Be at least 18 years old
- 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.
Benefits of Dominica Citizenship
As well as the many advantages of living in Dominica, Dominica citizenship confers many benefits in its own right. These include:
- Citizenship for life, with the right to live and work in the country
- Ability to pass on citizenship to future generations
- Right to hold dual citizenship
- No requirement to visit Dominica before, during, or after application
- No English language requirement
- Low processing fees
- Fast processing time
- No foreign income, capital gains, gift, and inheritance tax
Investment Options
There are two investment options for citizenship by investment in Dominica:
- A one-time contribution to the Economic Diversification Fund (EDF)
- A real estate investment in an Approved Project
THE ECONOMIC DIVERSIFICATION FUND (EDF)
Applicants can make a substantial contribution to the Economic Diversification Fund (EDF), a government fund that supports socio-economic initiatives in Dominica. Due diligence and processing fees apply.
- Main applicant: US$ 100,000
- Main applicant and spouse: US$ 150,000
- Main applicant and up to three dependants: US$ 175,000
- Each additional dependant under 18: US$ 25,000
- Each additional dependant aged 18 or over: US$ 50,000
REAL ESTATE INVESTMENT IN AN APPROVED PROJECT
Under the real estate option, applicants are required to make a real estate investment in an Approved Project. This must be held for a minimum of three years. The minimum required investment under the Real Estate Investment Option is US$ 200,000. The following Government Fees apply:
- Main applicant:US$ 25,000
- Main applicant and up to three dependants: US$ 35,000
- Main applicant and up to five dependants: US$ 50,000
- Each additional dependant: US$ 25,000
List of Banned Nationalities
- Belarus
- Russia
- All nationals from Northern Iraq are banned from applying for the Dominica Citizenship by Investment (CBI) Programme. This includes specific nationals from the Kurdistan region of Iraq, namely nationals from the cities of Erbil, Amedi, Dahuk, Kirkuk, Lalish, Raniya, Soran, Sulaymaniyah and Zakho.
- Yemen – Effective 19 January 2024 Yemeni nationals are banned from applying for the Dominica CBI Programme.
- Application from nationals of North Korea and Sudan will be refused unless the applicant has (1) not lived in these countries for at least ten years, (2) no substantial assets there, and (3) not performed any business or similar activity, in whole or in part, in or with the countries.
Enhanced due diligence may apply to all applicants who meet the above requirement, with the cost to be born on the applicant.
Mandatory Interview Guidelines
All applicants sixteen years of age or over will be required to attend a mandatory interview. During this time, a third party due diligence agency will perform stringent background checks on the information you have provided.
Interviews will be held virtually, via a secure platform. Applicants will be contacted directly by authorised interviewers for scheduling interviews. Thereafter, applicants and their dependants will attend virtual interviews; agents/promoters cannot attend interviews on their behalf. All applicants must hold identification documents, and supporting documents deemed necessary for the interview.
Interviews will be conducted in the applicant’s native language or a language of his/her choosing. All applicants 16 years and over are expected to attend interviews; applicants who are unable to join with the rest of their family must pay for additional interviews. Documents requested via the interview will be routed via the Authorised Agent.
Mandatory Interview Fees
All non-Iranian applicants aged 16 and over will be subject to an interview fee of US$1,000 per interview.
This fee requirement applies to all CBI applications submitted since 17 July 2023.
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