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Dominica, one of the Caribbean’s most scenic islands, launched its Citizenship by Investment Program in 1993 to attract foreign investment. A former British colony, it is a member of the Commonwealth, the UN, CARICOM, and other international organizations. In return, investors can gain permanent citizenship and a second passport in just 6 months, the fastest program in the Caribbean.
The program is designed to provide the necessary funding to support economic growth and implement projects in both the public and private sectors, such as building schools, renovating hospitals, constructing national sports stadiums, enhancing agriculture, and promoting tourism.
This requires a non-refundable contribution, with the amount varying depending on the number of dependents included in the application.
This option involves purchasing government-approved real estate in Dominica, such as luxury resorts, villas, or hotels, which are designed to attract international tourism and investment. The property must be held for at least three years before it can be resold.
This investment provides both a potential for capital appreciation and an opportunity to generate rental income. In addition, it enables investors to become part of Dominica’s growing hospitality and tourism sector, contributing to the island’s economy while securing citizenship.
A non-refundable contribution depending on the number of dependents included in the application:
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Dominica is known as the “Nature Island of the Caribbean” due to its mist-covered rainforests, which hide numerous waterfalls, rivers, and the world’s second-largest active boiling lake.
English
Eastern Caribbean Dollar
750 km2
Roseau
Unitary parliamentary republic
72,412
The Dominica Citizenship by Investment Program, established under the nation’s constitution and Citizenship Act, offers numerous benefits, including visa-free or visa-on-arrival access to over 140 destinations. It allows the inclusion of a spouse, dependent children under 31, and parents or grandparents over 65, with the option to add dependents later. The program also provides citizenship by descent for future generations, the right to live, work, and study in Dominica, and no restrictions on dual citizenship, with no minimum stay required.
Promotion of the Dominica Citizenship by Investment Program is restricted to authorized agents. Premium Citizen is an officially authorized agent, listed by the Citizenship by Investment Unit, to promote and provide comprehensive services for this program.
Many Citizenship by Investment programs have expanded their list of visa-free or visa-on-arrival destinations, enhancing global mobility for their citizens. This allows individuals to travel freely to numerous countries without requiring a visa, offering significant benefits for both business and leisure.
The cost to invest in Dominica citizenship depends on the investment option you choose. The minimum investment for the Economic Diversification Fund (EDF) donation starts at $200,000 for a single applicant. For family applications, the amount increases based on the number of dependents. Alternatively, if you choose to invest in real estate, the minimum required investment is typically $200,000 in approved properties, with additional fees for processing and due diligence.
Dominica citizenship can be a worthwhile investment, offering visa-free access to over 140 countries, a low investment requirement starting at $200,000, and significant tax benefits for non-residents. With quick processing times of 3 to 6 months and the option for dual citizenship, it’s an appealing choice for those seeking global mobility, financial advantages, and a straightforward path to a second passport.
Yes, you can buy a home in Dominica, especially if you are participating in the Citizenship by Investment Program. To qualify, the property must be part of an approved real estate development project, with a minimum investment typically set at $200,000. This real estate investment allows you to gain Dominican citizenship, and you can choose to sell the property after a certain period, usually 5 years.
The Dominican passport provides visa-free or visa-on-arrival access to more than 140 countries, including Germany, Italy, Singapore, Cyprus, Greece, Grenada, Ireland, Malta, Portugal, South Korea, Spain, and several others.
Yes, Dominica is generally considered safe for tourists. The island is known for its welcoming locals and tranquil environment. While it does experience some crime, it is typically low and concentrated in certain areas. As with any destination, it’s important to exercise common safety precautions, such as avoiding isolated areas at night and securing your belongings. Additionally, Dominica’s stunning natural landscapes, like waterfalls, rainforests, and volcanic features, make it a popular choice for eco-tourism, which attracts visitors looking for adventure and natural beauty in a safe setting.
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