The Commonwealth of Dominica
Citizenship by Investment
Known as “The Nature Isle of the Caribbean”, the Commonwealth of Dominica boasts acres of untarnished tropical rainforests, beautiful mountainous regions and magnificent beaches. Dominica is situated in the heart of the Eastern Caribbean archipelago between Martinique and Guadeloupe and is inhabited by a diverse melting-pot of people and cultures. It is a politically and economically stable country with the lowest crime rate in the region. Being awarded world’s best country for second citizenship, Dominica is one of the most attractive investment prospects for international business people.
The Dominica Citizenship by Investment Program
The Citizenship by Investment Program is designed to attract investments that will promote sustained economic growth and create jobs and business opportunities for citizens of Dominica. This Program offers the most affordable route to citizenship out of any of the Caribbean programs for applicants and their families. In order to stay competitive in a demanding global environment, the Government of Dominica is dedicated to providing legislative and fiscal support to help create contemporary, diversified, sustainable and resilient economic structures.
Ways of Acquiring Citizenship
Applicants have two types of investment options to obtain citizenship. The investment options include the following:
- A non-refundable contribution of USD $100,000 for a single Applicant.
- A non-refundable contribution of USD $175,000 for the main Applicant and a spouse.
- A non-refundable contribution of USD $200,000 for the main Applicant and up to three (3) qualifying dependents, with an additional USD $25,000 per additional dependent, other than a spouse.
Purchase of Government authorized real estate with a minimum value of USD $200,000. The investment must be maintained for a minimum of three (3) years. If maintained and sold after five (5) years, the property qualifies the next buyer for citizenship as well.
Holders of the Dominican passport enjoy visa-free travel to approximately 135 international destinations. These include the United Kingdom, Europe’s Schengen Zone and important business hubs such as Hong Kong and Singapore.
Validity of the Passport
Passports are valid for ten (10) years for adults and five (5) years for children under the age of 16 and are renewable afterwards at the Passport and Immigration Department in Dominica or through any Dominican Consulate.
Benefits of the Commonwealth of Dominica and the Citizenship by Investment Program
To be eligible to apply, the Principal Applicant must:
Applications will be denied on the following grounds:
Application Processing Time
Decisions are usually rendered in less than 3 months on most applications as long as the due diligence report is satisfactory.
International Organization Membership
Dominica is a member of the following international organizations:
GNI per Capita
$6,490 US (World Bank 2009)
Eastern Caribbean Dollars. 1 XCD = 0.37 USD
Average all year round of 22 °C – 33 °C