Dominica Citizenship by Investment Program was established in 1993 making it one of the longest-running 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.
Dominica Citizenship by Investment Program offers two investment schemes. You can either make a onetime, nonrefundable contribution in the Economic Diversification Fund, or you can invest in a government-approved real estate property.
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, and partly because of its highly-reputable second citizenship program.
You can apply for Dominica’s passport and citizenship by making a non-refundable contribution to the Government Fund. You also have the option of investing in a real estate project.
Once you meet investment requirements, you will receive Dominica passport within 4 to 6 months. Dominica Citizenship is a lifetime citizenship that you can pass on to future generations by descent. You don’t have to pass any language or residency requirements in order to get Dominica’s Citizenship. Also, and most importantly, you won’t need to denounce your current nationality when getting Dominica Citizenship by Investment.
Dominica is a member country of the British Commonwealth of nations, meaning that Citizens of Dominica will reap related benefits. Benefits include: a strong passport that gives its holders visa-free travel to more than 125 countries, such as the UK and Schengen countries. Also, Dominica Passport holders will have access to some of the best international education and health institutes.
As for businessmen and individuals looking for smarter financial and tax planning options, Dominica offers an attractive tax environment with no taxes on worldwide income, capital gains, or inheritance. Moreover, investors can open offshore companies and bank accounts which will in turn give them access to international markets.
CAPITAL
Roseau
LANGUAGE
English
TOTAL AREA
750 km2 (290 sq mi)
POPULATION
72,324
GOVERNMENT
Unitary parliamentary republic
CURRENCY
Eastern Caribbean Dollar
The applicant makes a one-time contribution through the Economic Diversification Fund of US $100,000.
(Updated on July 9, 2020)
|
Family Structure |
(EDF) Contribution Amount |
Processing Fees |
Due Diligence and Applicant and Registration Fees |
 |
|
$1,000 |
Due Diligence: $7,500 |
 |
US $150,000 |
$1,000 |
Due Diligence Main applicant: $7,500 |
 |
*Additional $25,000 per additional dependent other than siblings |
$1,000
|
Due Diligence Main applicant: $7,500 Application and Registration Fees: $750/applicant |
Based on Chapter VII, Section 101 of the Constitution and Citizenship Act sections 8 and 20, the citizenship program stipulates that persons who have been a continuous resident in Dominica for five (5) years can apply for naturalization and may be eligible for citizenship. After an amendment to the Commonwealth of Dominica Citizenship Act in 1993, Economic Citizenship by Investment was introduced, and the residency requirement was removed to allow investors to make an investment in Dominica in the form of a government-approved real estate investment or donation to the government. Once approved, citizenship is for a lifetime and cannot be revoked.
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The Dominica passport can be obtained in 4 to 6 months.
