Nestled in the heart of the Caribbean, Dominica presents a captivating fusion of breathtaking landscapes, vibrant culture, and genuine hospitality. Blessed with a tropical climate, diverse terrain, and a notably low crime rate, it promises a superior quality of life for both residents and prospective homeowners seeking sanctuary. Dominica's rich cultural legacy, amiable populace, and commitment to safety contribute to its allure. Moreover, the country boasts excellent air connectivity, facilitating effortless travel to prime locales. In summary, Dominica emerges as an enticing destination for those seeking a fresh start or investment opportunity.
Dominica Citizenship by Investment Program enables foreign investors to obtain 2nd Citizenship provided they meet specific criteria set out by the Dominican government since January 2015.
Dominica has a pleasant climate, particularly in the more excellent period between December and March. Travellers have described Dominicans as the friendliest in the Caribbean, a claim supported by the country’s almost non-existent crime rate. Because of the mountainous terrain, only about a quarter of the island is cultivated, but the rich soil produces good domestic and export crops. Organic agriculture is encouraged and has great economic potential.
Its citizenship by investment program was established in 1993 to boost the country’s agriculture-based economy. In recent years, and through increased real estate investments, the country’s economy has relied heavily on tourism. The island’s 750 km2 is home to over 74,000 inhabitants, with around 3,000 being the last native Carib people in the Caribbean. Dominica boasts an almost non-existent crime rate, and the currency is the Eastern Caribbean dollar, which is pegged to the USA dollar.
The program requires applicants to make a significant economic contribution to the country. In exchange, and subject to a stringent application process and due diligence checks, the applicants and their families are granted full citizenship. The principal applicant must be at least 18 years of age to qualify, meet the application requirements, and select one of the following investment options:
Dominica CIP requires investors to make an economic contribution to Dominica. Within this context, applicants have the following investment options:
A non-refundable investment of at least USD 100,000 into the Economic Diversification Fund For a single applicant, the NEF requires a grant of US$100,000.
Investment of at least USD 200,000 into the real estate projects, on the condition of holding the property within the next three years from the date of the citizenship is approved. Apart from the abovementioned investment requirements, the principal applicant must be over 21 years of age, and his/her family members shall have a clean personal background.
They shall be in good health and of character. Citizenship is granted on swearing the “Oath of Allegiance” following the approval by the Government.
Obtaining Dominica Citizenship by Investment takes approximately 6 to 9 months.
Holders of a Dominican passport may benefit from the following advantages:
Dominica currently offers one of the most attractive citizenship programs in the world; the process is smooth, and the costs are lower.
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We have a great lot of experience in this field, and as a result, we are familiar with how to address all problems that may arise along the route. We can help you assemble all required documentation, submit your application, and finish the process. All the legal considerations associated with acquiring a visa can be discussed with our team. You can call us immediately to learn how we can help you.
Dominica the Caribbean’s most beautiful island country, and it also allows dual & multiple citizenships. There is no necessity for military service requirements and learning the language for the application procedure. In addition to this, there is no minimum residency requirement. The country also offers high-quality medical assistance.
A trip to Dominica is optional during the whole application procedure.
Yes, Dominica is a country that collects a petty amount of tax from investors who plan to obtain Dominican citizenship. Dominican state authorities do not ask for any wealth, inheritance, gift, capital gains or foreign income tax from its citizens, creating a reliable tax haven within an excellent Caribbean environment.
Yes. We work with leading developers in the Caribbean region, offering high-end, luxurious, and government-approved projects for Dominica CIP.
Yes, Dominican citizenship is valid for life and can be passed on to future generations by descent. However, the passports taken after the acquisition of citizenship are valid only for ten years, which is common worldwide.
There is no residence requirement before or after acquiring Dominican citizenship.
However, changing the name is only possible after the application is approved, and the Certificate of Naturalization is issued after the necessary transactions are completed to legalise citizenship.
All family members (spouse and children under 18 years old) and the principal applicant can acquire Dominican citizenship through an investment application. Dominican citizenship can be extended to the principal applicant’s spouse, dependent children, parents, and grandparents.
No, there is no language requirement, nor are there interviews, business experience, or educational requirements.
Dominica is tax-free if the citizens do not reside in the country regarding their investment initiative. If the citizens decide to stay more than six months, worldwide incomes will be subject to taxation. Moreover, Dominica has treaties with the CARICOM and USA. Hence, there are no economic restrictions and some corporate tax incentives.
The Dominican Citizenship by Investment program is stipulated in the 8th and 20th sections of the Dominican Citizenship Regulations dated 2014. Dominican Constitution also includes regulations regarding the Citizenship by Investment Programme in its 101st section, thus protecting the highest order for your investments with its constitution.
