Dominica has announced new amendments regarding its Citizenship by Investment program in line with other Caribbean islands that signed the MOA cooperation agreement.
New Fees for Obtaining Citizenship in Dominica:
Economic Diversification Fund (EDF): Applicants can obtain CBI in Dominica by a non-refundable financial contribution to the Economic Diversification Fund.
Investment Fees for the EDF in Dominica:
- For the principal applicant: 200. 000 $.
- For the principal applicant and up to three dependents: 250.000 $.
- For each additional dependent under 18: 25. 000 $.
- For each additional dependent aged 18 or older: 40. 000 $.
Additional Fees:
- Criminal background check fee per application: 1. 000 $.
- Due diligence fee for the principal applicant: 7. 500 $. and for each dependent aged 16 or older: 4. 000 $.
- Naturalization certificate fee per person: 500 $.
- Mandatory interview fee per interview: 1. 000 $.
Real Estate Investment in Dominica:
The value of obtaining citizenship by purchasing approved real estate remains unchanged. Starting at no less than 200. 000 $. The property must be held for at least three years from the date citizenship is granted—or five years if the future buyer also applies for the citizenship by investment program.
Additional Fees:
- For the principal applicant: 75. 000 $.
- For the principal applicant and up to three dependents: 100. 000 $.
- For each additional dependent under 18: 25. 000 $.
- For each additional dependent aged 18 or older: 40. 000 $.
In conclusion. the fees for obtaining citizenship by invest in real estate remain unchanged after the new decision, Unlike Grenada which has increased donation and real-estate investment fees.
We also remind you that Antigua and Barbuda is the only island that postponed the activation of the decision until 7/30/2024. For complete details on all Caribbean citizenship by investment programs, contact us at NTL directly.
President Erdoğan launches the largest housing project in Türkiye
The Turkish President Mr. Erdoğan, announced in a speech yesterday the work on the largest housing project in Turkey.
Announcing the new Prime Minister of Saint Kitts and Nevis
The new Prime Minister of Saint Kitts and Nevis Dr. Terrance Drew
Albanian citizenship by investment program coming soon
The Albanian government, like its neighbours; intends to draft citizenship by investment program law for its country. Which will open new horizons for the country and foreign investors as well.
The 7 most famous tourist places in Portugal
If Portugal is your next travel destination, there are a few places we recommend you to visit.
7 recommended tourist places to visit in Portugal:
Portugal is one of the countries that have a long history and a particular geographical location, so its historical and tourist attractions have diversified, including:
Consolidating Diplomatic Relations Between Egypt and Saint Kitts and Nevis
To consolidate diplomatic relations between Egypt and Saint Kitts and Nevis, a joint statement was signed on the 22nd of last September in New York.