Dominica

Citizenship by Investment

Dominica Citizenship - 2nd Passport

Dominica, officially known as the Commonwealth of Dominica, is a sovereign island-country located in the Eastern Caribbean. Dominica used to be a British Colony and gained its independence in 1978. Today, it is an independent nation and a parliamentary democracy within the Commonwealth of Nations, and a member of the Caribbean Community (CARICOM).

Dominica is known for its wonderful nature, lush mountains, and beautiful coastline. It is mostly covered by rainforest and has the world’s second-largest hot spring, Boiling Lake. Dominica is often called “The Nature Island of the Caribbean.

Tourism and agriculture are Dominica’s main offerings. The country is also a popular destination for financial services. In recent years, the increased development in the country has led major international banks such as the Royal Bank of Canada and Scotiabank to establish branches in Dominica as part of their Caribbean operations. Lots of people from around the world apply for the Dominica Citizenship by Investment program every year.

Dominica Citizenship Program & Benefits

Dominica’s citizenship by investment program was established in 1993 to help the country strengthen its economy. It has allowed the government to increase its direct investments in areas such as healthcare, education, agriculture, and infrastructure.

The Citizenship by investment in Dominica is set out in the regulations published pursuant to Section 101 of the Constitution and Sections 8 and 20 (1) of the Citizenship Act.

Citizenship is granted to qualified applicants within 4 to 5 months with no residency requirements. Once the applicant is granted citizenship, S/he becomes a citizen for life.

Requirements

To qualify for Dominica citizenship program, applicants need to undergo a strict due diligence process. In addition, they must make a contribution via one of the following channels:

Non-refundable contribution to the Government Fund
Purchase of real estate in a government approved project AND payment of applicable Government Fees

Dominica Citizenship by Investment Options

Option 1

Economic Diversification Fund

The Economic Diversification Fund (EDF) supports public and private projects within Dominica, covering industries such as education, healthcare, sport, and tourism. A single applicant must contribute USD $100, 000 to the EDF, though fees will increase if they wish to apply for additional dependents to join them in Dominica.

Single Applicant: USD 100,000
Spouse of the main applicant: USD 50,000
Sibling of the main applicant or of the spouse of the main applicant aged 18-25: USD 50,000
Any dependant other than the spouse of the main applicant or a sibling of the main applicant or of the spouse of the main applicant aged 18-25: USD 25,000 each
Family of four including the main applicant, the spouse of the main applicant, and two other dependants other than a dependant sibling: USD 175,000

In addition to the above, separate processing Fees, Due Diligence & Legal Fees will apply.

Option 2

Real Estate

Real Estate is another investment option for Dominica CBI applicants. The property must be held for at least three years and be authorised by the Government of the Commonwealth of Dominica, with all approved real estate projects listed here. This must be valued at a minimum of USD $200,000. Government fees starting from $25,000 per applicant also apply.

In addition to the real Estate investment of USD 200,000, separate Processing Fees, Due Diligence & Legal Fees will apply.

To know more please contact inzeit business consultants today!

Dominica Visa Free Countries and Power Rank

Mobility Score- 122

Visa-Free- 82

Visa on Arrival- 37

ETA- 3

Visa Required- 76

Passport Power Rank- 32

World Reach- 61%

Population- 71, 986

To know second passport Dominica price, schedule a free assessment from the best immigration consultants in Dubai.

Dominica

Citizenship by Investment

Dominica

Dominica Citizenship - 2nd Passport

Dominica Citizenship Program & Benefits

Dominica Citizenship by Investment Options

Option 1

Option 2

Dominica Visa Free Countries and Power Rank

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Name* Email* Number* Investment Capacity (Starts from 25,000 USD)* Family Size (Include Wife & Children)*

Please fill the below free assessment form to help us assist you better.

Name* Email* Number* Investment Capacity (Starts from 25,000 USD)* Family Size (Include Wife & Children)*