The Dominica Citizenship By Investment Program, which was established in 1993, gives people and families from all over the world irrevocable second citizenship and passport in about four to six months without the need for travel.
The Commonwealth of Dominica passport offers visa-free or visa-on-arrival access to more than 115 countries worldwide, including the entirety of the European Union, Switzerland, the United Kingdom, Singapore, Russia, Brazil, and Hong Kong. The Caribbean island nation has a strong international reputation.
Dominica Citizenship Program Eligibility
The primary candidate applying for Dominica Citizenship By Investment must be at least 18 years old and satisfy all of the conditions for immigration to Dominica listed below in order to be qualified.
No Criminal Background
Only people of exceptional integrity and reputation will be accepted into the Dominica Citizenship By Investment Program.
The Government of Dominica has a premier private investigative organisation to conduct a thorough due diligence procedure on all candidates older than 18 years of age to guarantee that only credible individuals of impeccable standing are granted citizenship.
Only those with a clean criminal background and money obtained legitimately will be allowed to apply for citizenship in Dominica, which is dedicated to an excellent quality of due diligence to safeguard the integrity of its citizenship investment programme.
Good Health
Dominica nationality candidates must be in perfect health and demonstrate that they don’t have any infectious illnesses in order to be accepted.
Financial Investment
An applicant for Dominica Citizenship By Investment must either make a sizeable financial donation to a government fund or buy authorised property on the island.
In all situations, the applicant must formally agree to make the investment before submitting an investor programme application, but they are not required to make the complete payment until after receiving general permission.
Government Fund
In an effort to advance national development and assist the social advancement and financial stability of the island nation, the Dominica Economic Diversification Fund (EDF) provides funding for public and private sector initiatives in the nation.
The fund has selected a number of public sector projects for funding, including the renovation of the nearby hospital, the construction of new schools, the creation of a national sports stadium, and the promotion of the offshore industry of Dominica.
The following non-refundable financial contributions to the Economic Diversification Fund must be paid in order to be eligible for Dominica citizenship by investment under this option:
Individual applicant: USD 100,000
Principal candidate and spouse: USD 150,000
Principal candidate, spouse, and up to two kids: USD 175,000
Additional dependents: USD 25,000 per person
Compared to other citizenship via investment nations in the area that issue equivalent passports, these contribution levels are much lower.
No other respectable investor citizenship programme has as reasonable investment requirements as the Dominica Citizenship By Investment program, making Dominica the most affordable citizenship by investment programme in the world.
In 2021 or 2022, the fee to become a citizen of Dominica is anticipated to rise significantly, bringing the cost more in line with that of other Caribbean citizenship programs.
Real Estate
An applicant must purchase authorised real estate in the Dominican Republic for at least USD $200,000 and keep ownership for at least three years in order to be eligible for Dominican citizenship under the real estate investment option. Under the citizenship by investment scheme, the applicant may resell the property after five years of ownership.
Get Dominica Citizenship by Investment
Contacting an economic citizenship programme Authorized Agent is the initial step in getting a Commonwealth of Dominica passport. Only approved CBIU agents like UNO Capital are permitted to present new citizenship applications under the programme.
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