Dominica Citizenship By Investment Programme

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About the Commonwealth of Dominica

The Dominica Citizenship 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 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.

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 Investment Programme

Launched in 1993, Dominica’s Citizenship by Investment (CBI) programme has been ranked as the number one CBI initiative for five consecutive years by the CBI Index. This is a ranking system published by the Financial Times’s 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 credible persons of excellent standing are granted citizenship, comprehensive due diligence checks are performed on all applicants over 16 years of age.

Applicants for the Dominica Citizenship Investment Programme, must fulfill the following conditions:

  • Be at least 16 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.

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
  • Global mobility
  • Right to hold dual citizenship
  • No requirement to visit Dominica before, during, or after application
  • No interview requirement
  • No English language requirement
  • Low processing fees
  • Fast processing time
  • No foreign income, capital gains, gift, and inheritance tax

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Investment Options

There are two ways to obtain Citizenship by Investment in Dominica:

  • A one-time contribution to the Economic Diversification Fund (EDF)
  • An investment in pre-approved real estate

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
  • Spouse of the main applicant: US$ 50,000
  • Sibling of the main applicant or of the spouse aged 18-25: US$ 50,000
  • Per additional dependant (excluding the spouse of the main applicant and siblings of the main applicant or of the spouse aged 18-25): US$ 50,000
  • Family of four (excluding siblings of the main applicant or of the spouse): US$ 175,000

Pre-approved Real Estate

Under the real estate option, applicants are required to purchase government-approved property. This must be held for a minimum of three years. The minimum required investment under the pre-approved real estate option is US$ 200,000.The following Government Fees apply:

  • Main applicant:US$ 25,000
  • Family with up to four members, including the main applicant and up to three dependants (excluding a dependant sibling):US$ 35,000
  • Family with up to six members, including the main applicant and up to five dependants (excluding a dependant sibling):US$ 50,000
  • Family of seven members or more, including the main applicant and at least six dependants (excluding a dependant sibling):US$ 70,000
  • Sibling of the main applicant or of the spouse aged 18-25:US$ 50,000
  • Sibling of the main applicant or of the spouse aged under 18:US$ 25,000
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