Considering a second citizenship? Discover Dominica's Citizenship by Investment Program, offering a streamlined process to obtain Dominica passports in under six months. Choose between a donation starting at $100,000 to the Economic Development Fund or a minimum $200,000 investment in government-approved real estate developments. Secure your Dominica citizenship for you and your family.

Unlock Global Mobility and Tax Benefits: Dominica Citizenship by Investment

Access over 140 countries visa-free, including the EU, UK, Hong Kong, Singapore, Russia, and China, with a Dominica passport. Enjoy tax breaks such as no income tax, capital gains tax, or inheritance tax.

Invest in Thriving Tourism: Benefit from the Caribbean's flourishing tourism industry by investing in high-end tourist real estate.

Secure Your Plan B: Obtain a second citizenship for yourself and your family, providing alternative options during times of global instability.

Retire in Paradise: Embrace a peaceful, sunny paradise by retiring in Dominica and enjoying residency in any of the 15 Caribbean Community (Caricom) member states.

Experience the advantages of Dominica citizenship through investment, opening up a world of opportunities for you and your loved ones.

Citizenship by Investment: Overview

Citizenship by investment programs allow investors to obtain citizenship in exchange for economic contributions. These contributions can take the form of donations or real estate purchases. Some countries offer additional investment options such as government bonds or creating business enterprises. Citizenship can be passed down to future generations and is subject to a thorough due diligence process to ensure credibility and longevity.

Benefits of the Dominica Citizenship by Investment Program

The Dominica Citizenship by Investment Program offers numerous benefits for individuals and families seeking a second citizenship. With its affordability, inclusivity, and convenience, this program has gained recognition as one of the best and most reliable options for acquiring a Caribbean passport. In this article, we will explore the various advantages that make the Dominica Citizenship by Investment Program an attractive choice.

Affordability:

The Dominica passport stands out as the most affordable option for individuals. The total program costs, including investments, application fees, and due diligence fees, amount to less than $110,000. This competitive pricing sets it apart from other Caribbean and global citizenship programs, making it an accessible choice for many.

Inclusion of Family Members:

The Dominica Citizenship by Investment Program allows applicants to include their entire family in the application. This means that not only the applicant but also their spouse, children, parents, and even grandparents can obtain citizenship. As citizenship is lifelong, it can be passed down through generations, providing a lasting benefit for the entire family.

Simplified Application Process:

The application process for the Dominica Citizenship by Investment Program is simple and flexible. Unlike some other programs, there are no residency requirements, language tests, or interviews to undergo. The entire process can be completed remotely, from the comfort of your own home. Furthermore, the program offers the convenience of having your passports delivered to an address of your choice.

Quick Processing Time:

One of the notable advantages of the Dominica Citizenship by Investment Program is its quick processing time. On average, it takes only three to six months from the submission of the application to the acquisition of citizenship. This efficiency allows individuals and families to swiftly obtain the benefits of their new citizenship.

Extensive Visa-Free Travel:

Holding a Dominica passport grants you and your family the freedom to travel visa-free to over 140 countries worldwide. This includes popular destinations such as European countries, the United Kingdom, Russia, China, Singapore, and Hong Kong. The visa-free access opens up opportunities for business, leisure, education, and exploration without the hassle of visa applications.

Favorable Tax Environment:

Dominica citizens enjoy an attractive tax environment with several key advantages. The country imposes no income tax, wealth tax, or inheritance tax, providing individuals and families with significant financial benefits. This favorable tax regime enables investors to optimize their financial strategies and retain a larger portion of their income and wealth.

Established and Recognized Program:

With a history dating back to 1993, the Dominica Citizenship by Investment Program has established itself as one of the most reputable and reliable options available. Its consistent performance has been recognized by the CBI Index, an esteemed study of citizenship by investment programs published by Professional Wealth Management, a magazine associated with the Financial Times. Dominica has consecutively ranked as the best country for citizenship by investment for four years in a row, cementing its status as a preferred choice among investors.

Conclusion:

The Dominica Citizenship by Investment Program offers a wide array of benefits that make it an attractive option for individuals and families seeking a second citizenship. Its affordability, inclusivity, simplified application process, quick processing time, extensive visa-free travel, favorable tax environment, and established reputation contribute to its appeal. By obtaining Dominican citizenship, individuals and their families gain the flexibility, opportunities, and security that come with holding a Caribbean passport.

Overview of Dominica

Dominica, often referred to as the "Nature Island of the Caribbean," boasts breathtaking and pristine natural landscapes. Formerly a British colony, this enchanting country is renowned for its unspoiled beauty.

With a population of approximately 71 thousand, Dominica is a relatively small nation. English serves as the official language, while Dominican French Creole is also commonly spoken, adding a touch of local flavor to the linguistic tapestry.

It's worth noting that Dominica is an entirely distinct country from the Dominican Republic, despite their similar names. While the Dominican Republic is a former Spanish colony situated in the Greater Antilles near Cuba, the Commonwealth of Dominica is a smaller nation nestled within the Lesser Antilles.

Eligibility for Dominica Citizenship

Primary Applicant:

To meet the requirements of the Dominica citizenship program, the main applicant must:

• Age: Be above 18 years old.
• Character: Possess an impeccable character.
• Health: Demonstrate excellent health conditions.
• Criminal Record: Have no criminal record.
• Background Check: Successfully pass a comprehensive background investigation.

At Global Citizen Solutions, we understand the importance of ensuring the success of your application. That's why we offer an initial Pre Due Diligence assessment, completely free of charge. With this assessment, you can have the confidence that your application will meet the necessary criteria even before signing a contract with us.

Family Members:

The following family members are eligible to be included in the application and obtain lifelong Dominica citizenship:

• Spouse
• Children: The main applicant's or spouse's children who are below 18 years old.
• Student Children: Unmarried children between the ages of 21 and 30, who are pursuing higher education and are financially supported by the main applicant or spouse.
• Unmarried Daughters: Unmarried daughters below 25 years old, living with and financially supported by the main applicant or spouse.
• Dependent Children: Mentally or physically challenged dependent children, who rely on the support of the main applicant or spouse.
• Dependent Parents/Grandparents: Parents and/or grandparents of the main applicant or spouse who are over 65 years old and dependent on their support.

Dominica Citizenship: Investment Routes

To be eligible for Dominican citizenship, individuals have two investment routes to choose from:

Economic Diversification Fund (EDF):

Established in 1993, the Economic Diversification Fund (EDF) plays a crucial role in fostering socio-economic projects and driving the overall development of Dominica. To acquire citizenship through this route, applicants are required to make a non-refundable contribution to the fund. The minimum donation amount varies based on the number of family members included in the application.

Pre-approved Real Estate:

This investment option necessitates an investment of at least $200,000 in government-approved real estate. A majority of the available options consist of shares in upscale tourist accommodations.

After a period of three years, the properties can be sold, or five years if the buyer is also an applicant for the Dominica citizenship program. Additionally, there are government fees associated with this route, which vary based on the number of family members included in the application.

Pros and Cons of the Dominica Citizenship Program

Below you will find a comprehensive analysis of the Dominica Citizenship by Investment (CBI) program in comparison to other Caribbean programs, including Antigua and Barbuda, Grenada, St Kitts and Nevis, and St Lucia. The Dominica CBI program offers solid advantages and affordability while presenting some limitations.

Advantages:

• Affordability: The Dominica CBI program stands out as the most cost-effective option for single applicants, with a total program cost (including investment, government fees, and application fees) of less than $110,000.
• Established and Reliable: Dominica's CBI program has a long-standing reputation for reliability. It has been consistently recognized as the best CBI program in the world for four consecutive years by the CBI Index study.
• Global Mobility: Dominica's passport provides excellent global mobility, granting visa-free travel to countries like Russia and China. Additionally, it offers visa-free access to the European Union, the United Kingdom, Hong Kong, Singapore, and various other nations. This aspect sets it apart from other Caribbean programs.

Disadvantages:

• Limited Family Inclusion: In comparison to other Caribbean programs, Dominica has more restrictive requirements for family members. Siblings cannot be included in the application, and parents and grandparents must be over 65 years old (compared to the 55-year threshold of countries like Antigua and Barbuda). Furthermore, children aged over 18 and under 30 years old must be in education or, if they are unmarried women under 25, financially supported by the family.
• Vulnerability to Extreme Weather: Dominica is prone to hurricanes, as evident from the devastation caused by Hurricane Maria in 2017. If you are considering a real estate investment, this susceptibility to extreme weather events may be a cause for concern.
• Limited Investment Options: The Dominica CBI program offers only two investment routes: real estate or a government donation. While these options can still be viable for many individuals, the absence of alternative investment avenues may limit flexibility and preference.

In summary, the Dominica CBI program is a solid and affordable option, with a consistent track record of reliability. Its passport provides good global mobility, including visa-free access to key countries. However, it may not be as family-friendly as some other Caribbean programs, and the susceptibility to extreme weather events and limited investment options are important considerations.

Step-by-Step Guide to Citizenship by Investment

Choose Your Investment Route

The first step in obtaining citizenship by investment is to choose the investment route that best suits your preferences and financial goals. There are generally two main options available:

• Economic Diversification Fund: Under this route, you will make a non-refundable contribution to the Economic Diversification Fund established by the government of the respective country. The fund is used to support various sectors of the economy, including education, infrastructure, healthcare, and tourism.
• Real Estate Investment: Alternatively, you can invest in approved real estate projects in the country. By purchasing a designated property, you contribute to the development of the country's infrastructure and tourism industry.

Complete Application Forms

Once you have decided on your preferred investment route, you need to complete all the necessary application forms and gather the required documents. These forms and documents are typically provided by authorized agencies such as Global Citizen Solutions, which specialize in assisting individuals with citizenship by investment applications.

Submit Your Application

After completing the application forms and ensuring that you have all the necessary documents in order, your dedicated specialist or authorized agent will submit the application on your behalf. They will ensure that the application is properly filled out and all supporting documents are included.

Receive CBIU Approval of Application

After submitting your application, it will be reviewed by the Citizenship by Investment Unit (CBIU) of the respective country. The CBIU is responsible for processing and evaluating citizenship applications. The approval process usually takes three to six months. During this time, the CBIU will thoroughly assess your application and conduct the necessary due diligence checks.

Once your application is approved, you will receive a confirmation letter from the CBIU with the status "approved in principle." This letter signifies that your application has met the initial requirements, and you are one step closer to obtaining citizenship.

Make Your Investment

Upon receiving the "approved in principle" status, it is time to fulfill your investment obligations. If you have chosen the Economic Diversification Fund route, you will need to make the non-refundable contribution as specified by the government. If you have opted for real estate investment, you will need to purchase the approved property and pay any additional fees associated with the acquisition.

After completing the necessary financial transactions, you will be required to provide proof of your investment to the CBIU. This proof may include bank statements, receipts, or other relevant documentation as specified by the CBIU.

Become a Citizen

Once your investment has been verified and all fees have been paid, you and your family will be granted citizenship of the respective country. You will receive your citizenship certificates and passports, which can be delivered to an address of your choice.

It is important to note that the Citizenship by Investment Unit (CBIU) does not accept applications directly from individual applicants. Only authorized agents, who have been previously approved by the CBIU, are allowed to provide the application forms and submit the application on behalf of the applicants. Therefore, it is crucial to work with a trusted and authorized agent, such as Global Citizen Solutions, to ensure a smooth and successful citizenship by investment process.

Tax Considerations

Dominica offers an attractive tax environment for individuals and companies, provided certain conditions are met. If you don't reside in Dominica, you can enjoy the benefits of a tax-free country. However, if you decide to establish a base in Dominica and become a citizen, you will be subject to taxes on your global income if you stay for six months or more.

One notable advantage of doing business in Dominica is its double taxation treaties with the United States and CARICOM. These treaties ensure that there are no limitations on the repatriation of profits or imported capital. This means that you can freely transfer your earnings and investments without any hindrance.

Moreover, Dominica offers several enticing incentives for corporations, such as favorable corporate tax rates, complete exemption from import duties, and various tax relief benefits. Additionally, businesses can benefit from export allowances, which can further enhance their profitability. For those looking to set up new ventures, Dominica provides generous tax holidays and opportunities to obtain import duty waivers.

For comprehensive information on tax regulations in Dominica, we recommend reading our detailed article: "Dominica Taxes for Individuals and Companies – Your Guide." This resource will provide you with valuable insights and guidance to navigate the tax landscape in Dominica and make informed decisions for your financial endeavors.

Document Requirements for Dominica Citizenship

Please note that the following information provides an overview of the document requirements for obtaining citizenship in Dominica through its Citizenship by Investment (CBI) program. These requirements are subject to change, and it is recommended to consult with authorized professionals for the most up-to-date information.

Important Information

Applications for citizenship by investment in Dominica must be submitted through registered Authorized Persons. Additionally, the list of required documents outlined below is not exhaustive. The Citizenship by Investment Unit (CIU) may request additional supporting documentation from the applicant.

1. Disclosure Form

Applicants are required to complete a Disclosure Form, providing comprehensive information about their personal background, including details on their financial and employment history, education, and any criminal records.

2. Fingerprint and Photograph Verification Form

A Fingerprint and Photograph Verification Form must be completed in the presence of a fingerprinting officer. This form ensures the accuracy of the applicant's identity verification process.

3. Medical Questionnaire and Certificate

A licensed medical practitioner must complete a Medical Questionnaire and issue a Medical Certificate, confirming the applicant's good health and absence of any contagious diseases.

4. Investment Agreement (EDF option only)

For applicants choosing the Economic Diversification Fund (EDF) option, the main applicant must complete an Investment Agreement, outlining the agreed-upon contribution to the fund.

5. Sales and Purchase Agreement (real estate option only)

If the real estate option is chosen, applicants must provide a Sales and Purchase Agreement, demonstrating their acquisition of approved real estate within Dominica.

6. Application Form

The Application Form must be completed and notarized by the applicant. It serves as a comprehensive overview of the applicant's personal information and intentions to obtain Dominica citizenship.

7. Passport Documentation

Color copies of all passports currently held by the applicant must be provided. This includes passports from the applicant's country of birth, country of citizenship, and any other countries of residence.

8. Birth Certificate

Applicants must submit a copy of their Birth Certificate, verifying their date and place of birth.

9. Marriage Certificate/Dissolution of Marriage Certificate (if applicable)

In the case of married applicants, a Marriage Certificate must be provided. For divorced individuals, a Dissolution of Marriage Certificate is required.

10. Police Records

Police records must be obtained from the applicant's country of birth, country of citizenship, country of residence (if different), and any other country in which the applicant has resided for more than six months in the past ten years. This requirement applies to all applicants aged 16 and above. For children aged 12-15, a sworn affidavit by the parent affirming the absence of a criminal record is necessary.

11. Driver's License

A color copy of the applicant's driver's license should be included.

12. Identity Documents

Color copies of all identity documents, such as identity cards or books, should be submitted.

13. Military Service and Discharge Documents (if applicable)

If the applicant has served in the military, color copies of all military service and discharge documents must be provided.

14. Documents Evidencing Name Change (if applicable)

In cases where the applicant has legally changed their name (excluding name changes through marriage), color copies of all relevant documents must be submitted.

15. Passport-Size Photos

Eight passport-size photos of the applicant are required.

16. Proof of Residential Address

Applicants must provide proof of their residential address, which can be demonstrated through a lease agreement or utility bill.

17. Educational Qualifications

Color copies of university/college diplomas should be included in the application.

18. Letter of Recommendation (for children between 12 and 18 years old)

For applicants aged between 12 and 18 years old, a letter of recommendation from the head of the school or university they attend must be provided.

19. Affidavit of Support (for dependents aged 18 or over)

A notarized affidavit of support must be included for each dependent aged 18 or over included in the application, except for the spouse.

20. HIV Test Results

HIV test results are required for all applicants aged 12 and above.

21. Routine Blood and Urine Test Results

Applicants must provide routine blood and urine test results.

22. Supporting Documentation

Various supporting documents, such as professional references, letters of employment, financial statements, 12 months of bank statements, and a notarized affidavit of the source of funds, should be included.

23. Business Background Reports/Resume/CV

Detailed business background reports, resumes, or CVs are required to provide a comprehensive overview of the applicant's professional background.

24. Letter to the Minister

Applicants must include a letter addressed to the Minister expressing their intention to apply for Dominica citizenship through the CBI program.

25. Proof of Payment

Evidence of the payment of all relevant fees associated with the citizenship application should be provided.

Important Note

All color copies of documents must be notarized and legalized before submission. Non-English documents must be translated, notarized, and legalized as well. Applicants should be informed that bank references and audited financial reports for the two most recent years are required by the bank to process the funds.

Certification of Documents

All documents required to support the citizenship application must be certified and authenticated according to the laws of the jurisdiction from which the documents originate.

If you are interested in obtaining Caribbean citizenship and would like assistance, we recommend scheduling a chat with our Global Citizen Solutions team of experts. With their up-to-date knowledge of the latest changes and trends in Citizenship by Investment programs, they can guide you through the process of acquiring your Dominica passport in just a few months.

FAQ

How can I obtain citizenship in Dominica through investment?

To acquire citizenship in Dominica, you have the option of making a financial contribution to the government or investing in real estate in the country. The requirements include being at least 18 years old, having a good character, being in excellent health, and having no criminal record. After successfully passing a comprehensive background check, you and your family can expect to receive Dominica passports within three to six months. These passports grant you visa-free access to more than 140 countries, including the Schengen area, the United Kingdom, Hong Kong, Singapore, Russia, and China.

What is the cost of obtaining citizenship in Dominica?

The cost of obtaining citizenship in Dominica through investment starts at $100,000 for single applicants who choose to make a donation to the country's Economic Diversification Fund. Alternatively, the real estate investment option requires a minimum investment threshold of $200,000, in addition to application fees.

Is it possible to hold dual citizenship with Dominica?

Yes, Dominica recognizes and allows dual citizenship. This means that you can retain your existing citizenship while also being granted Dominican nationality through the country's economic citizenship program, often referred to as the Dominica Golden Visa.

Is a Dominica passport valuable?

A Dominica passport holds significant value and offers numerous benefits. It provides visa-free travel to over 140 countries, and its travel freedoms rank it at 78th globally. By investing in Dominica through the citizenship by investment program, you can acquire this passport and enjoy its advantages.

What is the Dominica citizenship by investment program?

The Dominica citizenship by investment program offers investors the opportunity to obtain Dominican citizenship and a passport by making a qualifying investment in the country. Applicants can choose between making a donation starting at $100,000 to the Economic Diversification Fund or investing in real estate with a minimum value of $200,000. In addition to visa-free access to numerous countries, Dominica passport holders enjoy various other benefits.

Can I reside in Europe with a Dominica passport?

Holding a Dominica passport grants you visa-free access to all European countries, allowing you to stay for up to 90 days without a visa. For the United Kingdom, you can visit and stay for up to 180 days without a visa. However, if you plan to stay longer in any of these countries, you will need to apply for a visa.

Can I sell my investment in Dominica?

If you choose the real estate option in the Dominica citizenship by investment program, you have the ability to sell your investment shares after three years. However, if the buyer is also applying for Dominica citizenship by investment, the holding period for the investment shares increases to five years.

Does my Dominica citizenship cover my family members?

Yes, it is possible to include family members in your Dominica citizenship by investment application. Eligible family members include children under 18, spouses, dependent children aged 18-30 who are pursuing higher education, unmarried daughters under 25 who are financially supported by and living with the applicant or spouse, mentally and physically challenged dependent children, as well as dependent parents and grandparents over the age of 65.

How can I obtain Dominica citizenship for $50,000?

The reference to obtaining Dominica citizenship for $50,000 pertains to the Dominica Entrepreneur Visa, introduced in 2020. This is a separate visa program from the Citizenship by Investment (CBI) program and has different requirements. Initially, you must invest a minimum of $50,000 in a government-approved business. After residing in the country for three months each year for a period of two years, you may be eligible for citizenship under this program.