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.
A tour of Spain and Spanish cuisine
f you are wondering why we advise you to choose Spain for your next vacation, we will not go so far, but did you know that Spain has the most famous international football clubs (Real Madrid and Barcelona) and it is the second country in the world that includes heritage places.
Interesting and Funny Facts About SPAIN
Spain is your choice for a safe life and a wonderful future:What if I told you about its ranking by the Global Peace Index 2020 at number 38 out of 163!!What about its privilege of providing free public health care, and having excellent international schools and...
Spain… Between the Eastern Legacy and the Western Modernity
If you want to travel to a European country but you are afraid of the idea of getting a cultural shock or a facing a difference in lifestyle, then Spain is the ideal choice for you.
Türkiye & UK 2021… New Agreement & New Investments
the Turkish Investors have started preparing their agendas to enter the UK’s investment market. This has come after the signing of the new free trade agreement between Turkey and the UK on December 29 last year, in the Turkish capital, Ankara.
Are you really familiar with the weirdest sights in Türkiye?
Here are five dazzling places you will discover that there is more to Turkey than Topkapi Palace in Istanbul or the rock formations in Cappadocia: