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citizenship by investment
Dominica
DOMINICA CITIZENSHIP BY INVESTMENT PROGRAM
A COST-EFFECTIVE PATH TO CITIZENSHIP FOR INVESTORS
Dominica, officially known as the Commonwealth of Dominica, is a small island nation located in the Caribbean Sea. It is part of the Lesser Antilles archipelago and is situated between the French overseas territories of Guadeloupe and Martinique.
The Dominica Citizenship by Investment Program was established in 1993. This program allows foreign investors and their families to obtain Dominican citizenship by making a qualifying investment in the country, such as through a contribution to the Economic Diversification Fund or through an investment in real estate. The minimum investment amount is US$100,000.
Dominica citizenship by investment program offers visa-free travel to up to 156 countries & territories providing enhanced global mobility and opportunities with the lowest investment requirement in Caribbean for single applicant.
The processing time is usually 4-6 months.
Few reasons to choose
Dominica
Climate
Dominica experiences a tropical climate characterized by warm temperatures and high humidity throughout the year. The Island is known for its lush rainforests and abundant rainfall. Visitors can expect a tropical paradise with verdant landscapes, vibrant flora, and frequent refreshing showers that nourish the Island’s natural beauty.
Culture
English is the official language of Dominica, and it is widely spoken throughout the country. However, a French-based Creole language known as Dominican Creole is also spoken by the locals. The culture of Dominica is a harmonious blend of African, Carib, European, and Creole influences. The people of Dominica are warm and welcoming, embracing their heritage and valuing community, family and spirituality.
Economy
The official currency of Dominica is the Eastern Caribbean Dollar (XCD). Dominica’s economy is primarily based on agriculture, tourism, and offshore financial services. The Island is known for exporting agricultural products such as bananas, citrus fruits, and coconuts. Tourism is an important industry, with visitors attracted to the island’s natural beauty, hiking trails, diving spots, and hot springs.
Benifits of
Dominica
Obtaining citizenship in Dominica comes with many benefits. As a citizen, you will have access to a long list of perks that improve your freedom to travel and quality of life.
Minimum Time
Dominica CIP has a very efficient application process. Once you’ve selected your investment option and submitted the required documents, you can expect to receive approval in around 2 to 3 months. If there are any issues with the application, the review period may take a bit longer to resolve. But Dominica CIU aims for a maximum processing time of 6 months.
Inclusion of Family
The citizenship program allows you to obtain passports for your spouse, children, and dependent parents or grandparents. Share the benefits of citizenship with your entire family through a single application process. Children and dependents can inherit the citizenship and pass it on to future generations.
No Tax
Dominica has no wealth, inheritance, foreign income, or capital gains taxes. As a citizen, you can take advantage of this and potentially save money that would otherwise be paid in your home country. You may also open offshore bank accounts and form corporations in Dominica to benefit from their tax laws.
Enjoy Global Mobility
As a Dominica citizen, you will have visa-free access to over 150 countries & territories, including the entire EU and mostly Commonwealth. No more waiting in line at embassies or paying expensive visa fees. Your new passport allows you to travel spontaneously and stay in countries for extended periods.
Program
Requirements
To apply for Dominica citizenship by Investment program, applicant must fulfill one of the following investment options with some other requirements.
Make a non-refundable donation to the Economic Diversification Fund. The minimum amount is US$100,000 for a single applicant. This fund supports socio-economic initiatives in Dominica.
Invest in pre-approved real estate with a value of at least US$200,000. The property must be held for at least 3 years after granting Citizenship. Rental income and capital gains on the sale of the property are tax-free.
Who Can Get
Dominican Citizenship
When it comes to Dominica’s Citizenship by Investment Program, the following family members are eligible to apply along with the main applicant.
To be eligible for the opportunity the applicant must be 18 years or above, possess no criminal record, have no serious health issues, provide a confirmed investment source, and pass a thorough due diligence process.
The specific requirements and procedures may vary, but spouse must be 18 years or above, with no serious health issues. Must possess a clean criminal record and should clear due diligence process.
In this context, a ‘child’ refers to a biological or legally adopted child.
Unmarried children under the age of 18:
For children under the age of 18, they must be either the investor’s child or the spouse’s child.
Unmarried Children between 18 and 30:
Children between the ages of 18 and 30 must be attending a recognized institution of higher learning and receiving substantial support from the investor or spouse.
Parents or Grandparents of main applicant or of spouse can be added in the same application if their age is above 65 years and are substantially supported by main applicant or spouse.
The siblings of main applicant or of spouse cannot be included in the application for Dominica citizenship by investment program.
APPLICATION
PROCESS:
1 Month
Client’s Onboarding:
Client onboarding at Caribbean Islands Immigration Services starts with Form 1 for initial due diligence. After a successful screening, we provide a Client Agreement (CA) for your review and signature. Once the agreement and payment are received, our legal team handles government forms and documents.
For property investments, you sign an agreement with the developer, and we communicate with them and the Dominica Citizenship by Investment Unit (CIU) on your behalf.
2-4 Month
Application Review and Submission
Application review and submission involve a thorough assessment of your documents to ensure compliance with the CIU requirements. Our legal team conducts a comprehensive review before submitting the necessary forms.
The CIU performs its own due diligence and examines all the paperwork. We maintain close collaboration with them to facilitate a timely and efficient processing of your application.
4-6 Month
Passport Issued
Once the CIU evaluates and approves your application, you will be required to fulfill all necessary contributions and government fees. Upon completing these payments, the CIU will issue Certificates of Naturalization, followed by the issuance of your passports.
Visa Free countries
Frequently Asked
Questions
As an applicant of citizenship, you must be of 18 years, with good character and able and willing to pay required contribution. For citizens of Iran, North Korea, Sudan, Syria, Russia or Belarus there are some limitations.
Dominica has a very efficient application process. Once you have selected your investment option and submitted the required documents, you can expect to receive approval in around 2 to 3 months. If there are any issues with the application, the review period may take a bit longer to resolve. But Dominica aims for a maximum processing time of 6 months.
In Dominica, there are no taxes on wealth, gifts, inheritances, foreign income, or capital gains. However, if you are a citizen residing in Dominica, you would be responsible for paying personal taxes.
No. Applications must be submitted through an authorised agent.
Yes, the laws of Dominica recognise and allow dual citizenship and you are not required to renounce your other citizenships. Further more, Dominica does not notify authorities of your country of residence or citizenship on your Dominican citizenship.
No. You do not need to live in Dominica before or after you receive citizenship.
Book Your Free Consultation
Why our clients count on us?
Caribbean Islands Immigration Services provides a full range of
Citizenship & Residency program, based on investment from basic
advice and consultation to application document checking and full
representation – all at competitive rates.
We operate in complete transparency and provide tailored solutions,
based on our client’s needs, while always being fully compliant with
Goverment rules and regulations.
Speak to our consultant and start your journey today
- Visa free access to 156 countries and territories
- US$100,000 minimum requirement
- 4-6 months processing time