Dominica Citizenship by Investment – AAA Investor Immigration

DOMINICA CITIZENSHIP BY INVESTMENT PROGRAMME

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

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

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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: