DOMINICA

LOCATION: Eastern Caribbean, between the French islands of Guadeloupe to the north and Martinique to the south
 
POPULATION: : 72,048
 
LANGUAGES SPOKEN: English, French Patois
 
CURRENCY: East Caribbean Dollar (XCD)
 
CAPITAL: Roseau
 
NEAREST AIRPORT: Dominica
 
MAJOR INDUSTRIES: Tourism, Agriculture, Manufacturing
Resting in the heart of the Eastern Caribbean archipelago between Martinique and Guadeloupe, The Commonwealth of Dominica is a former British colony and a member of the Commonwealth of Nations, as well as the United Nations, the Organization of American States, CARICOM, and other international organizations.
The Dominican Island boasts pristine sandy beaches, lush green mountains, acres of unspoiled tropical rainforests, and some of the best diving and hiking in the Caribbean. Dominica is a politically and economically stable state with the lowest crime rate in the region. Dominica also recognizes dual citizenship.
Its citizenship-by-investment program was established in 1993 to boost the country’s largely agriculture-based economy. Citizenship by investment of Dominica comes with a wide array of benefits. It is these benefits that attract investors to their shores, and ultimately help them seize fresh opportunities, live new adventures, and experience life like never before.
Economic citizens of Dominica:
  • Have the right to live and work in Dominica .
  • Can call one of the world’s most beautiful and eco-friendly countries their home for life.
  • Can take advantage of robust healthcare and education systems.
  • Join a global community that transcends Dominica’s land borders.
  • Can hold multiple citizenships under Dominica’s laws.
  • Have significant mobility rights, including travel without a visa to approximately 140 countries and territories, including major business hubs.
  • Have personally contributed to the prosperity of a peaceful, welcoming country.
  • May reside in Dominica, but become tax residents after 183 days of physical presence.
  • Are not overburdened by tax. For example, there is no net wealth tax or inheritance tax.
Tropical Beach

DOMINICA CITIZENSHIP BY INVESTMENT PROGRAMS

​There are several qualifying options for Dominica Citizenship by Investment program:
 
​The Economic Diversification Fund (EDF) is a Dominican Government program supporting socio-economic initiatives with the aim of driving national development.
To qualify for Dominican citizenship through the Citizenship by Investment program, applicants must make a non-refundable contribution to the EDF.
  • Single applicant: USD 100,000
  • Spouse of the main applicant: USD 50,000
  • Sibling of the main applicant or of the spouse of the main applicant aged 18-25: USD 50,000
  • Any dependant other than the spouse of the main applicant or a sibling of the main applicant or of the spouse of the main applicant aged 18-25: USD 25,000 each
  • Family of four including the main applicant, the spouse of the main applicant, and two other dependants other than a dependant sibling: USD 175,000
ECONOMIC DIVERSIFICATION FUND (EDF)
REAL ESTATE 
To qualify for Dominican citizenship under the real estate option of its Citizenship by Investment programme, the applicant must purchase authorised property worth at least USD $200,000. The applicant is obligated to hold the property for three years from the date of citizenship is granted, and will only be able to re-sell the real estate under the Citizenship by Investment programme after five years.
Once the application for Dominica citizenship by real estate investment is approved, the government fees also applies which ranges from USD 25,000 for a single applicant to USD 70,000 for a family of seven or more including the main applicant.
 
Applicant Requirements:
  • Hold no Criminal Record
  • Proof of residential address (lease agreement or utility bill)
  • Letter of recommendation from the head of the school/university for children between 12 and 18 years old. Official transcripts from an institution of higher learning or a letter from the competent authority confirming enrolment for children aged 18 to 30 who are currently in a recognized institution of higher learning
  • Letter of employment/financial statements
  • 12 months bank statements
  • Notarised affidavit of source of funds
  • Detailed business background reports/resume/CV
  • Proof of payment of relevant fees
Application Processing time: 3 months from the receipt of a fully completed application.
No minimum stay requirement.
Disclaimer:
1. Please note, all information provided here should not be considered legal advice.
2. The text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its contents.