DOMINICA Residency & Citizenship by Investment
WHY CHOOSE DOMINICA?
Officially the Commonwealth of Dominica, this beautiful island boasts pristine sandy beaches, lush green mountains, acres of unspoiled tropical rainforests, and some of the best diving and hiking in the Caribbean. A diverse blend of English, French, African and Carib peoples and cultures, Dominica is a politically and economically stable state with the lowest crime rate in the region. In addition Dominica recognizes dual citizenship. The Economic Citizenship Program offers applicants a wealth of benefits and privileges:
- No physical residency requirements.
- Inclusion of dependent children under 30.
- Inclusion of unmarried daughters under 30 living with and fully supported by the main applicant.
- Inclusion of financially-dependent unmarried siblings of the main applicant or spouse who have no children and are under 25.
- Inclusion of dependent parents and grandparents over 55.
- No education or managerial experience required.
- Visa-free travel to over 125 countries, including Europe’s Schengen zone, the U.K., Hong Kong, Malaysia, Singapore and Turkey.
- No taxes for nonresidents.
To qualify for citizenship in Dominica, applicants must fulfill one of the investment options below in addition to meeting the following criteria:
- Be of outstanding character.
- Hold no criminal record.
- Have excellent health.
- Have a basic knowledge of English.
1. Economic Diversification Fund Donation
A. Single Applicant
A single applicant is required to make a nonrefundable contribution of US$100,000 to the Economic Diversification Fund.
A nonrefundable contribution of US$50,000 for a qualified spouse.
A nonrefundable contribution of US$50,000 per qualified sibling aged 18-25 of the main applicant or the spouse.
A nonrefundable contribution of US$25,000 per qualified dependent of the main applicant or the spouse.
E. Family Option
A nonrefundable contribution of US$175,000 qualifies a family of four including the main applicant, the spouse, and two other dependents other than a dependent sibling.
2. Real Estate Investment
Applicants may purchase property valued at a minimum of US$200,000 in a government-approved real estate development. The investment must be maintained for a minimum of three years. If maintained and sold after five years, the property qualifies the next applicant for citizenship as well.
Nationals of the following countries and territories will be treated on a case-by-case basis: Afghanistan, Chechnya, Iraq, North Korea, Pakistan, Sao Tome Principe, Saudi Arabia, Somalia, Sudan, Turkmenistan, Uzbekistan and Yemen.
Exceptions are applicants who have been legal residents in other countries for 10 years or more and whose investment funds do not originate from one of the above-mentioned countries. For case-by-case eligibility, please contact us.
Citizenship can be extended to dependents including your spouse, children, parents and grandparents, as well as spouses of dependent parents, grandparents, and siblings. The fees will vary according to the number of family members you include in your application for citizenship.
Yes. Dominica has an emerging eco-tourism sector that continues to receive international acclaim, creating an ideal landscape for real estate investment. With global brands like Hilton and Kempinski in addition to unique boutique resorts, Dominica has been featured in leading publications such as Travel + Leisure, Caribbean Travel Awards and Conde Nast Traveller.
Yes, but you must hold the investment for at least 5 years before it can be resold to another CIP investor. The investment can be sold to a non-Dominica CIP buyer after 3 years instead of 5 years.
Yes, as long as you held the property for the required number of years after obtaining your citizenship.
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Consulting & developing processes and procedures