DOMINICA
Dominica
Dominica, formally known as the Commonwealth of Dominica, is a little island country situated in the Caribbean Ocean. It is essential for the Lesser Antilles archipelago and is arranged between the French abroad domains of Guadeloupe and Martinique.
The Dominica Citizenship by Investment Program was established in 1993. Dominica offers foreign national to gain Dominican citizenship by making qualifing investment contribution in the country such as Economical diversification fund or through an investment in real estate. The minimum investment amount is US$200,000.
Dominica Citizenship by Investment Program offers visa free travel upto 154 countries and territories, furnishing improved worldwide versatility and open doors with the least investment prerequisite in the caribbean for single candidate.
The processing time of gaining citizenship in Dominica is also quickest in all caribbean countries, typically takes 4-6 months.
KEY ADVANTAGES OF DOMINICA CITIZENSHIP
- Dominica has very effcient application process, typically takes 4-6 months.
- Visa free travel upto 154 countries and territories including China, russia and EU region.
- No tax on worldwide income, inheritance, wealth and capital gains.
- Spouse, dependent children, parents and grand parents can be added in the application.
- No residency required for gaining Dominican citizenship through CIP.
- Dominica recognises dual citizenship so you can retain your current nationality
PROGRAM REQUIREMENTS
The applicant must fulfill one of the following investment options in addition to some additional requirements in order to apply for the Dominica Citizenship by Investment Program.
ECONOMIC DIVERSIFICATION FUND (EDF)
Non refundable EDF contribution for single applicant is US$200,000.
REAL ESTATE INVESTMENT
The minimum investment in approved real estate project is US$200,000.
APPLICATION PROCESS – STEP BY STEP GUIDE
Step 1: Month 1
Client onboarding
- Screening to check initial eligibility of the applicant.
- Applicant will receive client care agreement for review and signature.
- Applicant will pay first invoice as per agreed payment scheduled.
- For property investment, initial deposit to developer and sign agreement with developer.
Step 2: Month 2-5
Application submission and review
- Gather documents required to submit application, assigned case worker will assist you in the process.
- Thorough assessment of documents by our lawyer in Dominica before submitting it to the Citizenship by Investment Unit (CIU).
- Applicant will pay second invoice as per agreed payment scheduled.
- Our local lawyer will Submit the application in CIU.
- CIU will perform it’s due deligence and we will collaborate with the unit for efficient processing of your application.
Step 3: Month 6-8
Passport issuance
- CIU after evaluation of your application for citizenship will make a decision.
- After approval of application, The applicant will be asked to pay remaining amount as per agreed payment scheduled for investment contribution and other governments fee’s.
- After confirming receipt of investment contributions by the government, CIU will issue certificate of Naturalization, followed by the issuance of your passports.