Dominica Citizenship by investment

Dominica citizenship by investment

Overview : Dominica

The Commonwealth of Dominica is located within the Lesser Antilles in the Caribbean Sea, located in the Atlantic Ocean to the east, and to the west by the American state of Florida. It is bordered to the north and northwest by Guadeloupe and to the southeast by Martininac.

Dominica gained its independence from British and French colonialism in 1978. Its capital is Roseau. The Commonwealth of Dominica is characterized by its volcanic nature and lush rainforests.

The Cicero parrot (known as the Amazonian Emperor) is the national bird on the island, and the economy of the Commonwealth of Dominica depends on tourism and agriculture. Commonwealth of Dominica is known for its tourist attractions such as Boiling Lake

Capital : Roseau

Currency : East Caribbean dollar

Language : English Official language

Airport : Dominica Kane Field Airport

Minimum Investment

$ 200,000

Visa free countries

143 countries

Global passport Rank

Required Residency

No residency

Taxation

No taxes on foreign income or inheritance tax

Processing time

9 – 12 months

Dominica second citizenship and passport by investment program

Dominica’s Citizenship by Investment Program is an excellent choice for investors and entrepreneurs seeking a second citizenship. This program grants a highly respected passport, allowing visa-free or visa-on-arrival travel to more than 143 countries, including prominent locations like the Schengen Zone, Hong Kong, and Singapore. It opens doors to global mobility, making it a prime option for those seeking greater international freedom and business opportunities. Dominica’s program is one of the most affordable and efficient, making it a popular option for those looking to expand their global mobility and secure new opportunities.

Who can apply Dominica citizenship ?

Anyone over 18 years of age is eligible to apply if they can invest the minimum amount required by the Dominica Citizenship by Investment Program, as specified by the government.

Comprehensive guide to Dominica’s premier citizenship by investment program

The Dominica Citizenship by Investment Program, established in 1993, is one of the longest-running and most trusted programs in the world. Designed to bolster economic growth and attract international investment, it offers individuals and their families the opportunity to obtain full citizenship in exchange for an approved financial contribution. Investors can choose from several options, including contributions to the Economic Diversification Fund or investment in government-approved real estate projects. This program not only provides a second citizenship but also opens doors to enhanced global mobility and new business opportunities.

Who is eligible for Dominica ? Can I include my entire family in the application ?

Investor / Main applicant

Investor / main applicant age should be above 18 years

Investor of spouse

Investor / main applicant of spouse age also be above 18 years

Dependent children

Dependent children up to 30 years old.

Siblings

No Siblings.

Parents / grand parents

Parents or grandparents over the age of 65

Economic Diversification Fund

The non-refundable investment starts at $200,000. For couples and families of up to four members, the amount is $250,000, with additional costs based on dependents’ ages. click here for the full fees structure

Program Benefits

No Residency Requirements: No need to reside in Dominica before, during, or after the citizenship process.

Dual Citizenship: Dominica allows for dual citizenship, letting you maintain your current nationality.

Tax Benefits: No wealth, inheritance, foreign income, or capital gains taxes.

Affordable Investment: The EDF requires a lower investment compared to other Caribbean programs.

Lifetime Citizenship: Citizenship is granted for life and can be passed on to future generations.

Global Mobility: Enjoy hassle-free travel with visa-free or visa-on-arrival access to more than 143 countries, including popular destinations like Schengen Zone, Hong Kong, and Singapore.

Full fee structures for dependents and additional fees.

The non-refundable fee of $200,000 (after approval) applies solely to the main applicant / investor.

Investors applying together with their spouse or partner will have a non-refundable fee of $250,000 (after approval).

For families of four, the amount of $250,000 (after approval) is also non-refundable.

Additional dependents aged below 18 incur a fee of $25,000 each, while dependents aged 18 and above are charged $40,000 each.

The due diligence fee for the main applicant or investor is $7,500.

The spouse of the investor or main applicant incurs a fee of $4,000.

There are no due diligence fees for individuals aged 0 to 15 years.

The fee for individuals aged 16 and above is $4,000.

The fee for parents and grandparents is also $4,000.

The government processing fees for per application is $1,000

The passport fee for each applicant is $250, regardless of age.

The interview fee for each application is $1,000.

The citizenship fee for each application is $500.

Real estate option

A minimum investment of $200,000 is necessary for investors looking to purchase real estate within a government-sanctioned project. Investment options encompass luxurious residential properties, hotels, resorts, and other government-sanctioned development initiatives. click here for the full fees structure

Ownership conditions

The property must be held for a minimum of three years. After this period, investors have the option to sell the property.

Investments can only be made in government-approved real estate projects. These typically include, high-end residential properties, hotels and resorts, mixed use development. Investors may hold the property individually or jointly with other investors, but they must ensure that the investment meets the program’s eligibility requirements.

Investors are responsible for the maintenance and upkeep of the property during their ownership to ensure it meets local standards. After the minimum holding period of three years, investors can sell the property, but they must ensure that the new buyer is eligible under the Citizenship by Investment Program.

Program benefits

Visa-Free Travel: Access to over 143 countries, slightly fewer than Antigua, but still includes key destinations such as the Schengen Area, Hong Kong, and Singapore.

No Residency Requirement: No residency is required before or after obtaining citizenship.

Tax Benefits: Similar tax benefits with no wealth, inheritance, or capital gains taxes.

Affordability: Dominica’s program is one of the most affordable, with lower minimum investment requirements than Antigua.

High Potential for Returns: The approved real estate options, such as luxury hotels, resorts, and high-end properties, are often located in prime locations, providing opportunities for rental income and capital appreciation.

Family Inclusion: The real estate investment can cover your spouse, children, parents, making it a cost-effective option for families looking to obtain second citizenship.

Full fee structures for dependents and additional fees.

The non-refundable fee of $200,000 applies solely to the main applicant / investor.

Investors applying together with their spouse or partner will have a non-refundable fee of $250,000.

For families of four, the amount of $250,000 is also non-refundable.

Additional dependents aged below 18 incur a fee of $25,000 each, while dependents aged 18 and above are charged $40,000 each.

The due diligence fee for the main applicant or investor is $7,500.

The spouse of the investor or main applicant incurs a fee of $4,000.

There are no due diligence fees for individuals aged 0 to 15 years.

The fee for individuals aged 16 and above is $4,000.

The fee for parents and grandparents is also $4,000.

The government processing fees for per application is $1,000

The passport fee for each applicant is $250, regardless of age.

The interview fee for each application is $1,000.

The citizenship fee for each application is $500.

The fee for a single applicant or investor is $75,000.

The fee for the spouse of the investor is $25,000.

For a couple or a family of up to four members, the fee is $100,000.

Each additional dependent under the age of 18 requires a fee of $25,000, while dependents over 18 are subject to a fee of $40,000 each

Restricted Countries for Dominica Citizenship

Countries restricted from Dominica’s Citizenship by Investment Program include Yemen, North Korea, Sudan. However, applicants from Yemen, North Korea, Sudan may apply if they have resided outside of these countries and meet all other eligibility criteria.

Frequently asking questions

What are the stages of submitting your application?

1. Complete the official application either in our office or remotely with the assistance of your dedicated advisor. Begin gathering the required documents for you and your family, which we will then translate and certify with the relevant authorities. This process typically takes 3 to 4 weeks.

2. Security Check : This phase involves a thorough audit of the source of funds and the client’s criminal background through INTERPOL. It typically takes 9-12 months. Security check fees are applicable at this stage and are non-refundable.

3. A virtual interview will be conducted for the applicant and any dependents over 18 years old included in the application. The details of the interview will be provided via email, outlining all necessary information.

4. Official approval from the Government of Dominica for your second citizenship and passport application.

5. Final Stage : An official letter acknowledging the approval is received at our offices and delivered to the client. At this point, the investment amount is transferred to the Government of Dominica to obtain the citizenship certificate and passport.

Can I add my wife and children, siblings, parents / grand parents in the same application?

Yes, you can include your spouse and children up to the age of 30. No Siblings Additionally, both parents and grandparents, age is above 65 years.

Is proficiency in English or French required?

No, Proficiency in English or French is not required to accept your application

What are the conditions that must be met to apply for second citizenship and passport?

1. The applicant must have a clean criminal record.
2. Proof of the source of funds is required.
3. The main applicant must be at least 18 years of age.

North Immigration: Your Gateway to Dominica Citizenship
North Immigration is a trusted authorized agent specializing in assisting individuals to secure Dominica citizenship and passport through its investment program. With a proven track record of successfully guiding thousands of clients through the process, North Immigration offers a streamlined and efficient path to obtaining Grenadian citizenship.

How North Immigration Can Help You: North Immigration provides expert advice and support throughout the entire application process, ensuring that all requirements are met and deadlines are adhered to.

Personalized Service: Each client receives individualized attention, tailored to their specific needs and circumstances.

Efficient Processing: North Immigration leverages its extensive experience and network to expedite the citizenship application process.

Choosing North Immigration: When selecting an agent to assist you with your Dominica citizenship application, it is crucial to choose a reputable and experienced firm. North Immigration has established itself as a leader in the field, providing exceptional service and a high success rate.

Contact North Immigration Today… To learn more about how North Immigration can help you achieve your goals of obtaining Dominica citizenship and passport, please contact us today.

Dominica Citizenship by investment