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Posted by admin on March 15, 2023
Dominica Citizenship
Visa-free travel to 143 countries and oceanfront real estate
$100,000+
Investment amount
3-6 months
Obtaining period
3-5 years
Real estate investment return
The Dominica citizenship by investment program was launched in 1993. The investor must contribute $100,000+ to a state fund or purchase real estate for $200,000+ to apply for Dominica citizenship by investment.
The real estate investment option provides an opportunity to return the money in 3—5 years by selling the property.
The investor can include close family members in the citizenship application: a spouse, children, parents, and grandparents.
The whole procedure of obtaining second Dominica citizenship is entirely remote.
The CBI program is popular among investors: 4,192 received Dominica passports between 2017 and 2020.
Individual meeting
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Help with the choice
Second citizenship helps register a business abroad, open a corporate bank account, avoid currency control restrictions and expedite money transfers. Some jurisdictions also do not reveal beneficiaries’ personal data, protecting the investor’s privacy.
FAQS
Frequently Asked Questions About Dominica Citizenship:
Dominica citizenship can be obtained in different ways by birth, through marriage or naturalisation after 7 years of permanent residence.
The fastest way is to participate in the Dominica Citizenship by Investment Program, Applicants contribute to a state fund or buy government-approved real estate. They get citizenship in 3 to 6 months. Moreover, applicants don’t need to live in Dominica or even visit the country.
The investor can include a spouse ,children under 30, parents, and grandparents in the citizenship application. Family members get Dominica nationality at the same time as the investor.
Investors choose one of the two available investment options:
1. Non-refundable contribution to the Dominica Economy Diversification Fund of $100,000+.
2. Real estate purchase – $200,000+.
In the first case, the investment amount depends on the family composition. And if one buys real estate, they pay a state fee of $25,000+.
Additionally, there is a Due Diligence fee of $7,500 for the investor, $4,000 for each dependent over 16 and an interview fee – $1,000 per person over 16. Other costs include passport fees, bank commissions, and payments for legal services.
Yes, Dominica allows its citizens to have several passports .You can keep your first citizenship if your country of origin allows dual citizenship.
A Dominica passport allows you to stay in the Schengen countries for 90 days in 180 visa-free