Dominica
One of the Caribbean's most stunning islands, the Commonwealth of Dominica launched its citizenship by investment program in 1993 to encourage economic growth. As a former British colony and a member of the Commonwealth of Nations, Dominica is also affiliated with the UN, the Organization of American States, CARICOM, and various other international bodies. This program aims to attract foreign investment by offering citizenship to those who contribute significantly to the country’s development. With its lush landscapes, vibrant culture, and strong commitment to sustainability, Dominica presents a unique opportunity for investors seeking both a beautiful residence and a pathway to global mobility. Its strategic location and favorable tax environment further enhance its appeal to potential investors.
Citizenship by Investment Overview
The Dominica Citizenship by Investment Program necessitates an economic contribution to the country. In return, applicants and their families receive full citizenship.
Investment
Minimum donation of USD 200,000
Processing Time
Three months
Key Benefit
Visa-free travel and access to over 140 destinations around the globe.
Dominica Citizenship by Investment
The Dominica Citizenship by Investment Program, established under the nation's constitution and Citizenship Act, allows individuals to gain citizenship through substantial economic contributions. This program aims to boost economic growth by offering citizenship to those who meet specific investment criteria. In return, successful applicants and their families receive full citizenship, including visa-free access to over 140 destinations worldwide.
Benefits of the Dominica Citizenship by Investment Program
Visa-free or visa-on-arrival access to more than 140 destinations worldwide.
The ability to include a spouse, unmarried children under 31 who are financially dependent on the main applicant, as well as parents and grandparents aged 65 and older, with the option to add dependents after the main applicant has obtained citizenship.
Citizenship by descent is available for future generations.
The right to live, work, and study in Dominica.
No restrictions on holding dual citizenship.
No minimum stay requirement.
Requirements of Dominican citizenship by investment
To qualify for citizenship under the current regulations, applicants have two options:
Make a non-refundable contribution to the Economic Development Fund: USD 200,000 for a single applicant or USD 250,000 for the main applicant and up to three qualifying dependents. An additional USD 25,000 is required for each extra qualifying dependent under 18 years old, and USD 40,000 for each additional qualifying dependent over 18 years old.
Purchase real estate with a minimum value of USD 200,000, which can be sold after three years on the open market, or after five years to another citizenship by investment investor.
Procedures and time frame of the Dominica Citizenship by Investment Program
Applicants and their dependent family members aged 16 and older must participate in mandatory virtual interviews via a secure platform. They are also required to take an oath of allegiance before an authorized notary, justice of the peace, or commissioner of oaths. After the oath, the citizenship application is further processed, and citizenship certificates are issued.
There is no physical residency requirement. However, the government encourages new citizens to engage more deeply in the economy, offering substantial incentives to make this appealing. Successful applicants can reside in Dominica at any time and for any duration. Applicants who have been denied a visa to a country with which Dominica has a visa-free travel agreement must first obtain a visa from that country to be eligible for application.
Applications are handled by a dedicated citizenship by investment unit within the Ministry of Finance, and processing typically takes three months from the receipt of a fully completed application.
Dominica Citizenship by Investment frequently asked questions
What is the Dominica Citizenship by Investment Program?
The Dominica Citizenship by Investment Program offers citizenship to individuals and their families in exchange for significant economic contributions.
What investment options are available for the Dominica Citizenship by Investment Program?
Investment options consist of making a contribution to the Economic Diversification Fund or investing in real estate.
What are the benefits of obtaining Dominica citizenship through investment?
Benefits include visa-free travel to over 140 countries, the right to live, work, and study in Dominica, and access to a tropical climate with stunning natural beauty.
What is the minimum investment needed for the Dominica Citizenship by Investment Program?
The minimum investment begins at USD 200,000, either through purchasing real estate or contributing to the Economic Diversification Fund.
How long is the processing time for an application to the Dominica Citizenship by Investment Program?
The processing time is approximately three months.
Are family members eligible to be included in an application for the Dominica Citizenship by Investment Program?
Yes, the main applicant can include their spouse, dependent children, and dependent parents in the application.
What are the residency requirements for the Dominica Citizenship by Investment Program?
There are no mandatory residency requirements, but applicants are encouraged to visit Dominica and become more involved in the economy. Significant incentives are available to make increased participation very appealing.
What documents are required for the Dominica Citizenship by Investment Program application?
Required documents include a valid passport, proof of investment, health insurance, a clean criminal record, and other supporting documents.
What is the process for applying to the Dominica Citizenship by Investment Program?
Applicants must select a qualifying investment, submit the application with the required documents, and complete a due diligence process.
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