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Dominica

Commonwealth of Dominica, is a small island situated in the Caribbean sea, between Martinique and Guadeloupe, two French territories. This English-speaking state used to be a British colony. It has a population of 65,000 people. Their currency is East Caribbean dollar which is tied the US dollar. Dominica allows dual citizenship.

COMMONWEALTH OF DOMINICA ECONOMIC CITIZENSHIP PROGRAM

Dominica’s Economic Citizenship Program was established in 1991. The investors pay directly to the government. These investments are then given to the Financial Services Unit, who invests in Dominica’s infrastructure project. There are two options in this program, family and single option.

BENEFITS

  • Citizenship for Life
  • Dual Citizenship
  • Visa free travel to more than 60 countries including Hong Kong, Korea, Malaysia, Singapore, and United Kingdom
  • Non-taxable income
ADVANTAGES
  • The applications can include spouse and fully dependent children below 21 years old
  • Only basic documents are needed
  • No high level of education required
  • No residency is demanded.
INVESTMENT OPTIONS
  • Family Option:
    Under this option the investor-applicant pays US$100,000 to the Government of Dominica. This qualifies the investor and his/her spouse and two (2) children under eighteen. In case the investor has any other dependents under the age of eighteen, an additional US$15,000 per child is required. For children between eighteen and twenty one, an additional investment of US$25,000 is required for each child. Children above 21 are not considered.

  • Single Option
    Under this option the investor pays only US$75,000. This qualifies only the investor regardless if he is single or married and has dependents.
QUALIFICATIONS
  • Applicants must be of outstanding character and must be of high net worth individual
  • Applicants who are healthy and have no criminal record
PROCEDURE
  • Submitting citizenship application and supporting documents
  • Paying government fees and due diligence fees
  • After pre-approval, transfer of investment
  • Interview
  • Naturalization Certificate is issued
  • Submitting passport application and supporting documents
  • Passport issued
The whole process takes approximately 5 to 7 months.

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