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 3 to 4 months, the fastest citizenship program in the Caribbean. 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
Which Family Members Can Be Added in the Same Dominica Citizenship by Investment Application?
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.
Dominica Passport Benefits
The Commonwealth Dominica Citizenship Program does not prevent any nationality from applying for a Dominica passport. Similarly, it does not require any applicant to take a language test nor does it require them to stay in the country. Commonwealth Dominican passport holders can vote, buy the property and live and work in the country at the same time.
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 $25,000
- Main applicant and spouseUS $35,000
- Family up to fourUS $35,000
- Family up to sixUS $50,000
- Additional dependentsUS $25,000 per applicant
Additional fees for Dominica citizenship options
- Action per requestUS $1000
- Due penalty for key applicantsUS $ 7,500
- Ready for a partnerUS $4,000
- Due penalty for dependents over 16 years of ageUS $4,000
- Certificate of naturalizationUS $ 250 per applicant