Dominica
Dominica is part of the Windward Islands, the southern group of the Lesser Antilles in the West Indies. It lies between the French islands of Guadeloupe and Marie-Galante to the north and Martinique to the south.The Dominica citizenship program offers to grant citizenship to persons who qualify under certain criteria and policy guidelines, while boosting Dominica’s economic investment.
QUICK FACTS ABOUT DOMINICA
Capital: Roseau
Passport Rank: 37
Population: 71982
Language: English
Dominica Citizenship By Investment Program
The program was introduced by the Dominican Government in the year 1993 to welcome individuals and their respective family members to obtain Dominican citizenship in exchange for making an economic contribution to the country. It is one of the cheapest programs compared to other countries.
INVESTMENT OPTIONS
As a Commonwealth country, the Caribbean island nation of Dominica is a popular choice for investment citizenship. It offers two main investment options.
Non refundable contribution (Economic Diversification Funds)
Applicant can obtain life time citizenship by donating below mentioned amount in Economic Diversification Funds.
| Family Size | Contribution (Non refundable) | Application and Passport Fee | Due Diligence |
|---|---|---|---|
| Single Applicant | $ 100,000 | Application Fee: $1000 Passport Fee: $750 |
Main applicant: $7,500 |
| Main Applicant + Spouse | $ 175,000 | Application Fee: $1000 Passport Fee: $750 each |
Main applicant: $7,500 Spouse: $4,000 |
| Main Applicant + Spouse + 2 Dependents | $ 200,000 | Application Fee: $1000 Passport Fee: $750 |
Main applicant: $7,500 Spouse: $4,000 Dependents over 16 yrs: $4,000 |
| Main Applicant + Spouse+ more than 2 Dependents | $ 200,000 (Plus Additional $25,000 for each dependent irrespective of age | Application Fee: $1000 Passport Fee: $750 |
Main applicant: $7,500 Spouse: $4,000 Dependents over 16 yrs: $4,000 |
Real Estate Investment ($200,000 investment in govt. approved projects)
The applicant is required to purchase $ 200,000 shares in a govt. approved project. Shares can be sold after 5 years. During the holding period applicant can also earn return on investment without any ongoing project cost.
| Family Size | Investment | Due Diligence | Government Fees | Application & passport fee |
|---|---|---|---|---|
| Single Applicant | $200,000 (5 yrs Holding Period) |
Main applicant: $7,500 | $ 25,000 | Application Fee: $1000 Passport Fee: $750 |
| Main Applicant + Spouse | $200,000 (5 yrs Holding Period) |
Main applicant: $7,500 Spouse: $4,000 |
$ 35,000 | Application Fee: $1000 Passport Fee: $750 each |
| Main Applicant + Spouse + 2 Dependents | $200,000 (5 yrs Holding Period) |
Main applicant: $7,500 Spouse: $4,000 Dependents over 16 yrs: $4,000 |
$ 35,000 | Application Fee: $1000 Passport Fee: $750 each |
| Main Applicant + Spouse+ more than 2 Dependents | $200,000 (5 yrs Holding Period) |
Main applicant: $7,500 Spouse: $4,000 Dependents over 16 yrs: $4,000 |
Family of 6: $50,000 Family of 7 & Above: $70,000 |
Application Fee: $1000 Passport Fee: $750 each |
| ** Legal and Professional fee applicable | ||||
BENEFITS OF INVESTING UNDER DOMINICA CITIZENSHIP BY INVESTMENT PROGRAM
Being a citizen of Dominica, individuals can enjoy benefits of various opportunities and experiences, including:
Dominica passport power is undeniable. Dominica citizens enjoy visa free travel to over 140 countries including Europe’s Schengen zone the UK Hong Kong Singapore Malaysia Turkey and more.
No wealth taxes gift taxes inheritance taxes or capital gains taxes. Thus having Dominica citizenship can play an important role in your global tax strategy.
Dominica recognizes dual citizenship which lasts a lifetime for the main applicant and qualified family members. Dominican Caribbean citizenship may also be passed down to future generations.
One of the fastest turnarounds of any investment citizenship program application submission. Applications are processed in as little as 3 months with an average of 66 days. Also Citizenship can be passed to future generation by Descent
Spouse children parents grandparents and qualified dependents are also eligible to gain citizenship and obtain Dominica passports.