Dominica

Citizenship By Investment

Dominica … is one of the most beautiful Caribbean islands, the nickname (Nature Land) derives from the pure natural beauty, while the island is deemed as the smallest island among the others. It is worth saying that the island is home of the Sperm Whale (whales’ amber) along with a huge number of whales and dolphins, as a result, it bings a great economic importance.

This country is located in the middle of the Lesser Antilles between the French islands of Guadeloupe and Martinique

The average area is 750 km2.

It has an estimated population of 73.000

The capital of the state is Roseau.

The official language:

English is the official language in Dominica.

The currency is East Caribbean dollar, denoted by XCD

Every 1 USD equals 2.7 Eastern Caribbean dollars.

How to obtain citizenship by investment from Dominica?

Applicants under Dominica Citizenship by Investment Program must choose one of the two following options:

  • Government non-refundable Donation to Economic Diversification Fund (EDF):

$100,000 for a single applicant.

$200,000 the minimum investment for a family of 4 members.

$ 25.000: Additional fees for each new member after the second child.

Siblings are no longer considered dependents.

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In addition to Government Fees, Administrative Fees, and Due Diligence Fees.

  • Purchasing a property from one of the real estate projects approved by the government:

The property must value $ 200.000, with a commitment not to sell for 3 years.

Government expenses for a family of 4 people are $ 35,000.

Government expenses for a family of 6 people are $ 50,000.

Siblings are no longer considered dependents.

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In addition to Government Fees, Administrative Fees, and Due Diligence Fees.

Advantages of this Program:

  1. The ability to include the spouse and children under the age of 30 in the main application.
  2. The ability to include the father, and mother, of both the applicant and/or spouse.
  3. The ability to pass one’s citizenship to future generations by descent as it is first-class citizenship.
  4. Dual Nationality: No obligation to relinquish current nationality.
  5. No language requirements for residence or citizenship.
  6. Qualified investment by the government is the only one eligible for a successful application. Unlike other investment programs.
  7. Full confidentiality in carrying out the procedures.
  8. Paying the minimum administrative fees for the transaction, while the large investment value is paid after the government’s approval of the citizenship application.
  9. No interview, education, or management experience is required.
  10. No requirement to reside in Dominica before, during, or after citizenship is granted.
  11. The program is considered the most economical program worldwide in obtaining citizenship by investment for one person only (donation option).

What are the benefits of obtaining dominican citizenship?

  1. Access more than 119 countries with Dominica passports without the need to apply for a visa, including Europe’s Schengen area, the United Kingdom, Russia, Singapore, and Hong Kong.
  2. Ownership of the 41st-ranked passport in the world.
  3. Possibility of establishing a company in any country in the world.
  4. Lowest tax rates and free trade environment.
  5. Beneficial tax regime – you will not be liable for any income tax, capital gains tax, or inheritance tax.
  6. Ability to study in one of the best universities in the world.
  7.  CARICOM Treaties that allow free trade between the Caribbean countries.

Required Documents for application:

Birth certificate for all applicants and a marriage certificate.

Clear criminal record.

A bank financial statement with proof of a legal source of income.

Medical examination (health certificate that it is free of diseases).

CV. and recommendation letters.

Steps to Obtain Citizenship by Investment From Dominica:

  1. Sign the contract with NTL and make the down payment
  2. Prepare ALL the Required Documents by the investor, with the support of our office and legal teams, who will review, translate and check the entire file before sending it to the island’s lawyer. (Estimated Time 30-45 days)
  3. Sending the documents to the Island where our lawyer will check the papers for the last time before applying, and Transfer the Government’s first payment to submit the Documents. (Estimated Time 15 days)
  4. Waiting for the results of the due diligence (3 months at least)
  5. Government Approval of the Application. Making the final payment to the Government. (Estimated Time 15 days).
  6. Issuing the naturalization document & printing the Passport (Estimated Time of 15 days).
  7. Handover or send the “Naturalization Document” and the Passport to a convenient place. (Estimated Time 7 days).

Info & useful links about Dominica

The citizenship by investment program  from Dominica is one of the best programs in the world, click here for more 

Dominica imposes conditions on three countries for its citizenship, click here for more 

The Government of Dominica has signed an agreement to build its first international airport, click here for more 

 

Dominica Visa free traveling map NTL
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