dominica

Dominica Citizenship by Investment

The Caribbean island nation of Dominica offers one of the most affordable and straightforward Citizenship by Investment (CBI) programs in the world – by making an economic contribution to the country, investors can obtain Dominican citizenship and a valuable second passport in just a few months – Dominica’s CBI program, established in 1993, provides a pathway for high net worth individuals and families worldwide to acquire citizenship through investment – after undergoing vetting and background checks, applicants invest either through a one-time contribution or purchase of approved real estate – in return, investors gain lifetime Dominica citizenship and visa-free travel to over 140 global destinations with a Dominica passport – with affordability, simplicity, and a reputation for integrity, the Dominica CBI program offers investors a valuable second citizenship in only a few months.

Dominicana Flag

Dominica’s CBI program, established in 1993, offers applicants two investment options:

  1. Make a one-time non-refundable donation of at least $100,000 to the government’s Economic Diversification Fund (EDF).
  2. Invest a minimum of $200,000 in a government-approved real estate project.

In return, investors and their families are granted full citizenship and passports for life. A Dominican passport provides extensive visa-free travel to over 150 destinations.

Investors have an affordable Plan B and enhanced global mobility by acquiring a second citizenship in Dominica. The country operates a well-managed CBI program with efficient application processing.

7.6 Final Score

8/10Visa-Free Access

8/10Ease of obtaining

6/10Processing

8/10Cost of Citizenship

8/10Passport Reputation

In this comprehensive guide, we cover everything you need to know about becoming a Dominican citizen through investment, including:

  • Overview of Dominica’s CBI program
  • Application requirements
  • Investment opportunities
  • Costs and fees
  • Citizenship timeline
  • Advantages of a Dominican Passport
  • Visa Free Travel Opportunities
  • Tax advantages in Dominica
  • Real Estate Investment Projects
  • Step by step application process
  • Expert application tips
  • Frequently Asked Questions
Dominicana Map

Overview of Dominica’s Citizenship by Investment Program

Dominica launched its CBI program in 1993 as a strategy to encourage foreign investment in the country. It was a pioneering initiative, as Dominica was one of the first nations to offer citizenship linked to investment.

Previously, the only route to Dominican citizenship was through naturalization by residence in the country. But the new CBI program waived the residency requirement for investors who made a substantial economic contribution.

Over the decades, Dominica has built an excellent reputation in the investment migration industry. Its program offers:

  • Reasonable minimum investment starting at $100,000.
  • Efficient application processing within 3-4 months.
  • High approval rates with rigorous due diligence checks.
  • Lifetime citizenship status passed down through generations.
  • Lifetime citizenship status passed down through generations.
  • No requirement to live in or visit Dominica before or after citizenship.
  • Dual citizenship permitted.
  • Visa-free access to live, work and study in Dominica if desired.

The country conducts meticulous background checks, fingerprinting, and interviews to maintain the integrity of its CBI program. Dominica works only through authorized agents – licensed companies or individuals who process applications.

Revenues from the CBI program have been critical to Dominica’s development of infrastructure, housing, hospitals, schools, sports facilities and sustainable eco-tourism throughout the island.

Citizenship by Investment Requirements

To qualify for Dominica’s CBI program through either the donation or real estate option, the principal applicant must meet the following criteria

  • Be at least 18 years of age.
  • Have no criminal record.
  • Be in good physical and mental health.
  • Provide extensive documentation.
  • Pass a rigorous background check.
  • Have legitimately obtained funds for the minimum investment.
  • Participate in a mandatory in-person or virtual interview.

Dependents that may be included in the application include:

  • Spouse.
  • Children under the age of 18.
  • Dependent children ages 18-30 enrolled full-time in college.
  • Unmarried daughters under 25 living at home.
  • Dependent parents and grandparents over the age of 65.

Dominica’s CBI program does not impose any residency requirements, travel requirements, language tests or mandatory purchase of property after citizenship is granted. Dual citizenship is recognized.

Investment Options

There are two investment routes available to obtain Dominican economic citizenship:

1. Economic Diversification Fund (EDF)

This is the more popular option and involves a one-time non-refundable minimum cash contribution to a government fund as follows

  • $100,000 for a single applicant.
  • $175,000 for a couple.
  • $200,000 for a family of up to 4 people.
  • $25,000 per additional dependent child under the age of 18.
  • $50,000 per additional dependent between the ages of 18 and 25.

The EDF funds national development programs in areas such as education, health, housing, infrastructure, tourism and small business.

2. Real Estate Investment

This route requires a minimum investment of $200,000 in a government approved real estate project. Approved projects are luxury eco-hotels and resorts located in Dominica’s lush natural areas.

Other Real Estate Investment Fees:

  • $25,000 principal applicant.
  • $35,000 Spouse.
  • $20,000 per child under 18.
  • $25,000 per additional dependent child under the age of 18.
  • $50,000 per dependent 18-25 years of age.

The property may be sold after 5 years of ownership (3 years if not sold to another CBI applicant).

Costs and Fees

The total cost of acquiring Dominica citizenship consists of

  • Minimum investment in EDF or real estate.
  • Application fees.
  • Due diligence fees.
  • Service fees charged by an authorized agent.
  • Other minor fees such as passport, courier, translations, certifications.

Here is an overview of the total costs for the most affordable EDF donation route:

  • EDF Contribution: $100,000
  • Application fee: $1,000 per person
  • Due diligence fees: $7,500 per person.
  • Service Provider Fees: $20,000 – $30,000.
  • Passport fees, translations, certifications, etc.: up to $3,000.

For a single applicant, the total cost is approximately $130,000 to $140,000. For a family of four, it would be under $210,000 through the EDF.

The real estate route for one person would start at around $230,000 minimum. Additional family members increase the total price.

Compared to other CBI programs worldwide, Dominica remains moderately priced. There are no recurring fees after citizenship is granted.

application form for best second citizenship

Application Timeframe

The typical end-to-end timeframe to obtain Dominican economic citizenship is approximately 12-16 weeks. Here are the general processing steps:

  • 2-4 weeks: Preparation time to gather and certify all required documents.
  • 4-8 weeks: Authorized agent reviews, organizes and submits the complete application file to the Citizenship by Investment Unit (CIU).
  • 8-12 weeks: CIU conducts thorough investigation of applicant and dependents through background checks, interviews, and due diligence.
  • 2 weeks: If approved, applicant receives letter of approval in principle. Time to transfer investment funds.
  • 4-6 weeks: Certificate of naturalization issued. Passports are printed and shipped to the applicant’s address.

The exact timeline will vary depending on the applicant’s nationality, number of dependents, and the volume of the program. However, most well-prepared applications from reputable CBI companies can expect approval within 3 months.

Dominica also has an expedited application process known as the Premium Investor Service. Principal applicants can receive expedited processing and guaranteed approval within 45 days for an additional fee. This expedited service does not apply to dependents.

Benefits of Dominica Citizenship

Dominica passport holders enjoy the following benefits:

  • Visa-free and visa-on-arrival access to over 140 countries and territories worldwide, including major business and leisure hubs. This extensive travel freedom rivals the best CBI programs.
  • The right to permanently reside, work, study, own property and conduct business in Dominica at any time, with no residency requirements before or after citizenship.
  • No tax on worldwide income, inheritance, gifts, capital gains, property or assets if you live outside Dominica for more than half the year.
  • No restrictions on holding dual citizenship or passing citizenship status indefinitely to future generations.
  • Top 30 ranking for quality of life and human development index in the Caribbean region according to UN indicators. Low crime rate in Dominica.
  • Unique biodiversity, natural attractions and real estate investment opportunities as the “Nature Isle of the Caribbean”.
  • Insurance against volatile political or economic environments. A second passport allows for global mobility.

In summary, Dominica’s CBI program offers significant lifestyle benefits, a favorable tax environment and global mobility for investors seeking a Plan B passport.

traveling visa with map glases and passport

Visa Free Travel with a Dominica Passport

The Dominica passport provides visa-free access to over 140 destinations in Europe, North America, South America, Asia, Africa, Oceania and the Caribbean.

Here are some of the major countries and territories that their holders can visit without a visa or with a visa-on-arrival:

Europe: United Kingdom, Switzerland, Ireland, Finland, Denmark, Germany, France, Spain, Netherlands, Belgium, Austria, Italy, Portugal, Greece, Norway, Sweden, Estonia, Czech Republic, and more.

North America: USA, Canada, Mexico, Bahamas, Cayman Islands, Turks & Caicos, British Virgin Islands, Antigua & Barbuda.

South America: Ecuador, Colombia, Bolivia, Argentina, Chile, Peru, Paraguay, Venezuela, Suriname, French Guiana.

Asia: Singapore, Hong Kong, Malaysia, Thailand, Indonesia, Maldives, Nepal, Bangladesh, Cambodia.

Africa: South Africa, Tanzania, Zambia, Kenya, Uganda, Seychelles, Mauritius, Tunisia, Egypt, Ghana, Rwanda.

Oceania & Caribbean: Cook Islands, French Polynesia, Micronesia, Samoa, Vanuatu, St. Kitts & Nevis.

With access to nearly 60% of the world’s countries, the Dominica passport provides extensive global mobility comparable to top CBI programs. These programs cost over $100,000 more for individuals.

Dominica Tax Advantages

Dominica has an attractive tax environment for citizens, both resident and non-resident. Key tax benefits include

  1. No tax on worldwide income, capital gains, gifts, inheritance, dividends or property.
  2. No inheritance, wealth or property taxes.
  3. No taxes levied on assets or income earned locally or abroad.
  4. Double tax treaties with USA, UK, Canada, France and CARICOM countries to avoid double taxation.

However, in order to benefit from the tax exemptions, citizens must not be physically present in Dominica for more than 180 days per calendar year.

Overall, Dominica offers extensive tax benefits regardless of where a citizen chooses to reside on a long-term basis. Income and assets are not taxed.

Real Estate Investment Opportunities

Those who choose the real estate investment route must purchase authorized, government-approved projects, usually luxury eco-resorts in spectacular locations throughout Dominica.

The following are some of the more important real estate projects that are available:

  • Jungle Bay Resort & Spa: Award-winning eco-resort with luxury villas nestled in the rainforest on 55 acres along the east coast. From $200,000.
  • Secret Bay: Exclusive eco-chic residences including villas and bungalows perched on a cliff with stunning ocean views. Shared ownership from $220,000.
  • Sanctuary Rainforest Eco Resort: Stylish beachfront hotel rooms and treetop villas on 14 acres of manicured tropical gardens and trails along the south coast. From $200,000.
  • Tranquility Beach: Boutique oceanfront resort with a selection of plush villas. Fractional ownership options from $200,000.
  • Kempinski Cabrits Resort & Residences: A $250 million, 200-room, five-star hillside resort development in the renowned Cabrits National Park, scheduled for completion in 2025. Minimum shares from $220,000.

These handpicked real estate projects allow investors to enjoy fractional ownership of premier eco-resorts in idyllic locations throughout Dominica. Properties can be sold after 5 years of ownership.

step by step

Dominica citizenship application process step by step

Here is an overview of the end-to-end process to acquire citizenship in Dominica through investment:

  1. Hire an Authorized Agent. All applications must be submitted through a licensed company or individual agent previously approved by the government.
  2. Choose your investment option. Choose between contributing to the National EDF or purchasing an interest in approved real estate.
  3. Create a file and gather documents. Your agent will open a file and help you gather and certify all the necessary documents.
  4. Submit the application. Once your file is complete, your agent will formally submit it to the Citizenship by Investment Unit (CIU).
  5. Due Diligence. The CIU will conduct background checks on you and your dependents over the age of 16. At this stage, you may be called for an interview.
  6. Approval in principle. Within approximately 12 weeks, if successful, you will receive provisional approval in the form of a Letter of Approval.
  7. Make the investment. You transfer the required EDF contribution or real estate funds to the government account.
  8. Issue the naturalization certificate. You will sign the oath of allegiance to complete the acquisition of citizenship.
  9. Pick up your passport. Your passport will be delivered to the address of your choice within 4-6 weeks. Schedule a passport ceremony in Dominica if desired.

Throughout the process, the authorized agent will provide guidance and handle all stages from submitting the application to ensuring approval.

Within 12-16 weeks you will take the oath of citizenship and receive your Dominican passport and certificate of citizenship.

Expert application tips

Here are some valuable insider tips when applying for citizenship by investment in Dominica:

  • Gather documents as early as possible. Extensive paperwork needs to be collected and legalized, which takes time.
  • Be meticulous in the submission of your forms, documents and statements. Incomplete or sloppy applications will result in delays and rejections. Be careful to provide accurate information.
  • Use an experienced agent to maximize your chances of approval, rather than going it alone. Their expertise will ensure that applications are properly prepared.
  • Disclose everything up front: Any problems, such as denied visas, past lawsuits or bankruptcies, negative media. Transparency is rewarded. Omissions or misinformation can lead to rejection.
  • Once you apply, be patient. It takes several months to thoroughly investigate applicants and dependents. Frequent calls for status updates will not expedite the process.
  • Opt for the EDF donation route as the fastest and easiest path to citizenship unless you have a specific interest in Dominica real estate.

With careful preparation under the guidance of your agent, you can reasonably expect approval within 90-120 days. Use this time to get your affairs in order before becoming a dual citizen.

Conclusion

In conclusion, the Commonwealth of Dominica offers one of the most affordable and efficient citizenship by investment programs available today. With a minimum contribution of $100,000 to the government fund or a real estate investment of $200,000, investors can acquire Dominican lifetime citizenship in approximately 12-16 weeks.

The country’s transparent and well-run CBI program confers many benefits, including visa-free access to over 140 global destinations, zero tax on worldwide income, and the ability to pass citizenship status across generations. Dominica imposes no residency or travel requirements on applicants before or after citizenship.

For global citizens seeking a valuable second passport and greater freedom to travel, Dominica citizenship is an attractive choice. The country conducts a high level of due diligence to maintain the integrity of its programs. Contact an authorized agent to begin your application for the Dominica Citizenship by Investment Program today.

Frequently Asked Questions

How do I qualify for Dominica’s CBI program?

You must be over 18 years of age, have a clean background, show the legal source of funds, and make the minimum donation of $100,000 or real estate investment of $200,000. Dependents may also be included in the application.

How much does it cost to become a Dominican citizen?

For a single applicant, the total cost starts at around $130,000 through the donation route. For a family of four, approximately $210,000. The real estate route starts at $230,000 for an individual.

What are the main benefits of Dominican citizenship?

Benefits include visa-free living and travel worldwide, the right to reside in Dominica, tax-free worldwide income, dual citizenship, and lifelong citizenship status passed down through generations.

How long does it take to get a Dominica passport?

The process takes approximately 12-16 weeks from start to finish. Initial background checks and approval take 2-3 months, then 4-6 weeks to receive the passport.

Does a Dominica passport allow dual citizenship?

Yes, Dominica allows dual citizenship. You can keep your existing citizenship and also obtain a Dominica passport.

Do I have to visit Dominica to obtain citizenship?

No. The CBI program has no residency requirement. Once you are granted citizenship, you will never need to travel to or live in Dominica again.

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