Hot Offers Dominica Citizenship by Investment Program
The Dominican government established the Citizenship Investment Program in 1993 to develop the country's infrastructure, strengthen the local workforce through new jobs, and promote foreign economic partnerships to create sustainable economic growth and prosperity. In return, it allows foreign investors to obtain permanent legal citizenship and a second passport within 6 to 9 months. Citizenship through investment in Dominica is available through two options; Non-refundable contributions under the Economic Diversity Fund (EDF) Real Estate Investment in Project Approved by Investment Unit under Dominican Citizenship.
Banned Countries: Northern Iraq - Syria - Russia - Belarus - Yemen - North Korea - Sudan.
Application from citizens of North Korea and Sudan will be refused unless the applicant has (1) not lived in these countries for at least ten years, (2) no substantial assets there, and (3) not performed any business or similar activity, in whole or in part, in or with the countries.
Which Family Members Can Be Added in the Same Dominica Citizenship by Investment Application?
Dominica Overview
Dominica is called the "Caribbean Nature Island" for its well-proportioned rainforests that cover countless waterfalls, rivers, and the world's second-largest boiling lake.
Language
English
Currency
East Caribbean Dollar
Total Area
750 Km²
Capital
Roseau
Government
Unilateral parliamentary republic
Population
73,500
Dominica Passport Benefits
Pursuant to the nation's constitution and Citizenship Act, Dominica's Citizenship by Investment Program empowers the government to confer citizenship upon individuals who qualify under established guidelines and regulations. This program serves to bolster Dominica's economic landscape through strategic foreign investment.
Economic Diversification Fund (Donation)
The Economic Diversification Fund (EDF) was created to sustain the growth of the economy and to generate funds for the preparation of public and private sector projects. That is, building schools, renovating hospitals, building national sports stadiums, promoting agriculture and tourism. A non-returnable contribution made depending on the number of dependent listed;
- Single applicantUS $200,000
- Family of 4US $250,000
- Family of 5+US $250,000
+ US $25,000 per family member under 18 from the 5th applicant.
+ US $40,000 per family member above 18 from the 5th applicant.
Real Estate Investment
Applicants must invest at least US $ 200,000 in a government-approved real estate project in Dominica. The investor must hold the property for at least 3 years from acquiring citizenship. Besides, you can resell these properties only after 5 years of citizenship under the real estate investment program. The following government fees also depend on the number of dependents involved in the application.
- Single applicantUS $200,000
- Family of 4US $200,000
- State fees for Family of 5+US $100,000
+ US $25,000 family member under 18, starting at the 5th applicant
+ US $40,000 per family member above 18, starting at the 5th applicant.
Additional fees for Dominica citizenship options
- Due diligence for the main applicantUS $7,500
- Due diligence per family member over 16US $4,000
- Interview feeUS $1,000 per applicant
- Certificate of naturalizationUS $800 per applicant
Dominica Visa Free Countries
Over the past number of years, the Dominican government has been successfully working to expand its list of Visa-free countries.
How to Qualify for Dominica citizenship?
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