Dominica Passport by investment
Becoming a holder of citizenship by investment in Dominica is possible by investing in one of the next options:
- Economic Diversification Fund (EDF): from $200,000.
- Property: from $200,000.
The programme allows visa-free travel to more than 140 nations and exemption from taxes on international income, dividends and inheritance.
Adult foreigners with a good reputation and no criminal record can obtain a passport. A medical examination and proof of legal origin are also required.
Moving to Dominica is available not only to the investor himself but also to his/her relatives such as the spouse, children under 30 years of age, parents over 55 years of age, and grandparents. This makes the programme particularly attractive for families.
You will go through all the steps of obtaining a passport in just 6 months as passport issuance in Dominica is one of the fastest in the Caribbean.
Citizenship requirements in Dominica
The following requirements apply to an applicant for dual citizenship in Dominica:
- legal age;
- no criminal record and good health;
- legal income;
- availability of the necessary amount to buy property or contribute to the EDF.
Requested documents to apply for Dominica citizenship by investment
To participate the Dominica CBI programme the foreigner must submit the next papers:
- An application form.
- A passport.
- Birth and marriage certificates (for family members).
- Certificate of absence of criminal record.
- Medical report on the state of health.
- Bank statement confirming the availability of funds.
- Proof of legal income.
- Proof of payment of fees.
- Fresh photographs 35x45 mm.
Visa-free countries for Dominica passport holders
Nationals can visit nearly 150 countries, including the UK, Austria, Belgium, Germany, and Jordan, without a visa or with a visa on arrival.
Cost of citizenship in Dominica is from $200,000
The lower threshold for participation in the programme of getting citizenship in Dominica is $200,000. You can make a non-refundable contribution to the EDF. But a more popular option to obtain citizenship of Dominica is property purchase. Following this option, the investor receives ownership of a house or flat, which can be used at his/her discretion: live permanently or seasonally, rent and receive a stable income. The cost of Dominica passport by investment also includes additional costs, which are summarised in the table below:
| Object of expenditure | Costs |
|---|
| Option 1: Contribution to the EDF |
from $200,000 for 1 investor
from $250,000 for a family of up to 4 persons
+ $25,000 per member under 18 years of age, starting from the fifth applicant
+ $40,000 per member over 18 years of age, starting from the fifth applicant
|
| Option 2. Buying property |
$200,000 for 1 investor or family |
| Government fee (for property investment option) |
$75,000 for 1 investor
$100,000 for a family of up to 4 persons
+ $25,000 per member under 18 years of age, starting with the fifth applicant
+ $40,000 per member over 18 years of age, starting from the fifth applicant
|
| Due Diligence |
Investor: $7,500
+ $4,000 per family member over 16 years old
|
| Other fees |
From $3,250 for 1 investor
From $4,200 for a family of up to 4 persons
From $6,250 for a family of 5+ people
|
