domenica
CITIZENSHIP BY INVESTMENT
GOVERNMENT AUTHORIZED FIRM
OVERVIEW
The Dominica Citizenship by Investment Program was introduced in 1993 by the Government of the Commonwealth of Dominica, allowing foreign investors to acquire citizenship under certain conditions. This is now one of the world’s longest-running economic citizenship schemes and one of the most reputable. Applicants obtain an irrevocable citizenship and passport without having to reside in the country or renounce their current nationality.
Processing time 4 months
Visa free travel Instant visa-free to 144 countries including the Schengen States, UK, Singapore, Hong Kong, and China
Investment type Donation to Dominica’s Government Fund or Real Estate Investment in Dominica
Investment cost USD 100,000 for single applicant or USD 175,000 for a family of 4
Family dependents Spouse, children up to 30 years old, parents/grandparents above the age 65 years.
Passport validity For persons above 16 years of age it will be valid for 10 years, for children under 16 it is valid for five years.
COUNTRY INFO
Named as “Nature Isle of the Caribbean” for its natural environment with lush mountainous forest, natural hot springs and diving spots Commonwealth of Dominica is an attractive ecotourism destination. The country has been independent since 1979 and is a member of the United Nations (UN), the British Commonwealth, the Organization of American States (OAS), CARICOM and various other international organizations.
CAPITAL
Roseau
POPULATION
73,757
LANGUAGE
English (official), French patois
EXCHANGE RATE
1 USD = 2.7 XCD
CURRENCY
East Caribbean dollars (XCD), tied to USD
GOVERNMENT TYPE
Parliamentary republic
BENEFITS
SIGNIFICANT ADVANTAGES
Irrevocable Dominica Citizenship for your lifetime and your generations to come
You make your investment after your application is approved, not before
No need to renounce your current citizenship(s)
No notification to your home country on your new citizenship
No physical residency requirements, you are entitled to apply instantly
No interview, education or management experience required
GLOBAL MOBILITY
Visa-free access over 143 countries including the United Kingdom & Schengen states
Allowed to stay in United Kingdom for 6 months at a time
Dominica second passport is reputable and easy to obtain visas when required
The right to take up residence in Dominica and in most of the CARICOM member countries at any time and for any length of time.
WEALTH PROTECTION
No taxes on capital gains, gift, wealth and inheritance; No taxes for non-residents
Open bank accounts in reliable banking institutions worldwide when you obtain Dominica’s Citizenship
Duty-Free trading in the Caribbean.
No restriction on the repatriation of profits and imported capital
Generous incentive packages including corporate tax incentives, full exemption from import duties, tax relief benefits and export allowance
COSTS
To be eligible for Dominica Citizenship under its Citizenship by Investment Programme, there are two options to choose from.
Non-refundable financial contribution to a Government fund. The cost varies depending on the number of applicants and their ages. *Family Dependent: Spouse, children up to 30 years old, parents/grandparents above the age 65 years.
Real Estate Investment through one of the Government approved real estate projects which could be freehold property with title deed; hotel shares; fractional ownership or land. The investment and Government Fees are payable once Dominica’s citizenship is approved.
Government Fees
In addition to the purchase of real estate, there are Government fees to be paid:
DUE DILIGENCE & BACKGROUND CHECKS
Citizenship Invest professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A detailed quotation with no hidden costs is provided for the specific case.
REQUIRED DOCUMENTS
Citizenship Invest appoints a Document Collection Specialist for each case. The firm offers a bespoke
service that simplifies the application process, requesting from clients the bear minimum. Our job is to
simplify the document collection as much as possible and when required we obtain the documents for the
client without their involvement. Please note the below list is to be used as a guideline only, after assessing
the particular case Citizenship Invest prepares a personalized checklist.
TIMELINE
MONTH 1-2
CI will pre-screen your passport for government pre-approval. A down payment for professional fees is payable to start your application.
CI professional team will assist and advise you with the collection of the documents required by the Government. Once the file is ready for submission, Government Processing Fees, Due Diligence and CI submission invoice are payable. CI submits your application.
MONTH 3
CI will pre-screen your passport for government pre-approval. A down payment for professional fees is payable to start your application.
CI professional team will assist and advise you with the collection of the documents required by the Government. Once the file is ready for submission, Government Processing Fees, Due Diligence and CI submission invoice are payable. CI submits your application.
MONTH 4
Citizenship Certificates and passports are issued. The balance of CI professional fee is paid.
The estimated time to receive citizenship approval depends on the due diligence processing time and the specific case.
BROCHURE
CONTENT
- Program Overview
- Citizenship Law
- Country profile
- Benefits of the program
- Applicants Qualifications
- Investment requirements
- Application Fees
- Document Checklist
- List of countries Visa free and on arrival