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Dominica Citizenship By Investment

Dominica

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Dominica Country Overview

The Caribbean nation of Dominica is one of the most naturally stunning places on Earth. Located in the South of the Caribbean Sea, the English-speaking nation is one of the region’s most touristic countries, drawing in visitors from all over the world who come to wonder at the country’s astonishing beaches, lush forests, bustling cities, unique culture, and mouthwatering cuisine.
Dominica is a member of the Caribbean Community (CARICOM), the Organisation of Eastern Caribbean States (OECS), the Commonwealth of Nations, and PetroCaribe, highlighting its activity on the global stage. 
Although small in size, with a population of just over 70,000 people, the country’s economic impact within the region is significant. Dominica’s GDP per capita is $7,600, and its economy heavily relies on tourism, agriculture, offshore financial services, and – most importantly – its illustrious Citizenship by Investment Program.

Dominica's Citizenship by Investment Program

Dominica Citizenship By Investment

The Government of Dominica launched its Citizenship by Investment Program in 1993, making it the second program of this nature to grace the globe after the neighboring country of St Kitts & Nevis launched its program in 1984.
The Dominican Government introduced the program as a way to bolster the country’s economy and attract the world’s elite by allowing them to become full-fledged Dominican citizens by contributing to the nation’s developing economy. 
Since its launch, Dominica’s Citizenship by Investment Program has become one of the most popular in the world, and the Government’s initial plan of bolstering the economy worked as a charm, as most recently, it announced that it has started constructing the nation’s first international airport, completely funded by the Citizenship by investment program. 

The premise of Dominica’s Citizenship by Investment Program is simple; those who meet the required criteria and make a qualifying investment to the economy can obtain citizenship and passports for themselves and their family members. Applicants do not need to travel or reside in Dominica to apply for the program, as the entire process can be done remotely.

The Dominica Citizenship by Investment program allows individuals to obtain citizenship in Dominica by making a significant investment in the country. This investment can be a donation to the government or an investment in a government-approved real estate project. In return, investors and their families can obtain citizenship and all the benefits that come with it, including visa-free travel to over 140 countries and access to a stable and attractive tax regime. This program has become increasingly popular in recent years as more and more people look for ways to expand their global mobility and secure their financial future.

Our firm specializes in helping clients navigate the complex process of obtaining Dominica citizenship by investment. Our team of experts provides personalized guidance and support throughout the entire process, ensuring a smooth and successful outcome. With our assistance, you can take advantage of all the benefits of being a citizen of Dominica. 

Dominica’s Citizenship by Investment Program offers prospective applicants two investment options to choose from:

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Dominica Citizenship By Investment | Obtain Dominica Passport

Qualification Criteria

To qualify for the Dominica Citizenship by Investment Program, an applicant must:

Eligible Family Members

Dominica’s Citizenship by Investment Program allows applicants to add a wide array of financially dependent family members to their applications. These members are:

Main Applicant

The main applicant needs to be aged 18 and over.

Children

Financially dependent children of the main applicant or spouse below the age of 30.

Spouse

The legally married spouse of the main applicant.

Parents & Grandparents

Dependent parents or grandparents of the main applicant or spouse above the age of 65 years.

Investment Options

There are two investment options under the Dominica CIP. Each option has its own investment criteria, and investors will also have to pay processing and due diligence fees. The following are the common fees realted to the citizenship by investment program.  
Certificate of naturalisation $250 per person $250 per person $250 per person $250 per person
Due Diligence Fee $7,500 $7,500 for the main applicant and an additional $4,000 per dependent aged 16 or above $7,500 for the main applicant and an additional $4,000 per dependent aged 16 or above $7,500 for the main applicant and an additional $4,000 per dependent aged 16 or above
Processing Fee $1,000 $1,000 $1,000 $1,000
Expedited passport issuance fee $1,200 per person $1,200 per person $1,200 per person $1,200 per person

1) Non-refundable contribution to the Economic Diversification Fund (EDF)

Applicants can pay a one-time contribution to Dominica’s EDF in exchange for citizenship. The contribution option starts at $100,000 for a single applicant and increases as more family members are added to the application.

Economic Diversification Fund CostsIndividual ApplicantMain Applicant + SpouseFamily of four family membersFamily over four family members
Required Contribution Amount$100,000$150,000$175,000$175,000 pl $ 25,000 per additional dependant below 18 years or $50,000 for each dependent above 18 years after the third dependant

2) Real Estate

Applicants can choose to invest in real estate, either in the form of actual property or shares in luxury resorts. The investment amount is set at $200,000 and remains constant throughout, no matter how many family members are added to the application. 

Investors can rent or profit from their real estate investment throughout the holding period of five years, and after five years they are free to sell the property. Investors mt also pay a government fee under the real estate program.

Real Estate Option costsSingle ApplicantMain Applicant + SpouseFamily of four family membersFamily over four family members
Investment Amount$200,000$200,000$200,000$200,000
Government Fee$25,000$35,000$35,000$ 50,000 and $ 25,000 per additional dependant after the fifth dependant

The Process

Dominica’s Citizenship by Investment Program has a streamlined process consisting of a very short list of steps:

Day 1

MoveAnywhere will conduct preliminary due diligence on the client prior to signing

Day 1

Week 1

Choose the investment type

Week 1

Week 2

Decide on which family members will be included

Week 2

Week 6

Collect the documentation

Week 6

Week 7

MoveAnywhere will assist in filling out the application and the submission process

Week 7

Week 15

Pay government and due diligence fees

Week 15

Week 17

Obtain pre-approval and make the investment

Week 17

Week 18

Obtain passports and certificates of naturalization

Week 18

The Benefits

Dominica’s Citizenship by Investment Program has a plethora of benefits associated with it, including:

Frequently Asked Questions

Yes, the Government of Dominica runs the program itself through its Citizenship by Investment Unit, and it employs the help of certified global agents that the Government monitors.

Is the Citizenship by Investment Program approved by the Government of Dominica?

Yes, the Government of Dominica runs the program itself through its Citizenship by Investment Unit, and it employs the help of certified global agents that the Government monitors.

How much does Dominica's citizenship cost?

The starting cost for the donation option is $100,000, and the real estate option requires an investment of $200,000. However, the total cost will depend on the family composition and the age of the dependents. The best way to determine an accurate cost would be by booking a consultation with MoveAnywhere.

Do I need to travel to Dominica to apply for citizenship?

No, the entire process can be completed remotely through a registered agent.

Can I renew my Dominica passport?

Yes, the passport is initially issued with a validity of ten years, and it can be renewed from within Dominica or through any consulate or embassy worldwide.

Can I travel to the EU visa free with a Dominica passport?

Yes. Dominica's passport allows its holder to access more than 140 countries visa-free, including the EU and UK.

Can I add family members to my application?

Yes. An investor can add their spouse, dependent children below 30, and dependent parents or grandparents (of main applicant and spouse) above the age of 65.

How long does the process take?

The entire process of getting Dominica's citizenship through investment usually takes between 3-6 months. The best way to ensure that your process isn't delayed is by working with a trusted partner like MoveAnywhere.

How do I get started?

The entire process of getting Dominica's citizenship through investment usually takes between 3-6 months. The best way to ensure that your process isn't delayed is by working with a trusted partner like MoveAnywhere.