Dominica

Officially known as Commonwealth of Dominica, Dominica is a Caribbean Island that has been gaining increased interest over the years. This is partly because of its parks and emerald green mountains, as well as its highly-reputable Dual Citizenship Program.

Dominica Citizenship by Investment Program was established in 1993 making it one of the longest-running and successful citizenship programs. Over the years, Dominica has been committed to consistently and substantially improve its economic citizenship program to ensure a swift process, notable standards of due diligence, and high return on investment.

Investors and wealthy families can legally receive Dominica Alternative Citizenship and second passport within four to six months without renouncing their current nationality. Benefits of obtaining Dominica Passport include visa-free travel to more than one-hundred and forty-five countries, such as the UK, China, all of Europe and Schengen Area, as well as access to some of the best international education and health institutes around the world. This is a lifetime citizenship that will be passed on to future generations by descent. There are no language or physical residence requirements. However, the applicant has the right to reside in Dominica at any time and for any duration.

As for entrepreneurs and high-net-worth individuals looking for smarter financial and tax planning options, Dominica offers an attractive excise environment with no taxes on worldwide income, capital gains, or inheritance. Moreover, investors can open offshore companies and bank accounts which will in return give them access to international markets.

Dominica Citizenship Program offers two investment schemes; investors, individuals and families can either make a onetime, non-refundable contribution to the Economic Diversification Fund, or invest in a government-approved real estate development. The investor can include family members in the same citizenship application, namely a spouse, children and parents.