Dominica Citizenship Program processing time is fast, taking only 3 to 4 months. The minimum investment required is US $100,000, which can be made through a donation or investment in real estate. As a result of this investment, you can enjoy visa-free travel to 146 countries, including Schengen, the UK, and China.
In 1993, the government of Dominica launched the Dominica Citizenship by Investment program to attract foreign investment and promote economic development. By offering permanent legal citizenship and a second passport within just 3 to 4 months, the program is the quickest citizenship program available in the Caribbean. In exchange for their investment, foreign investors can help to support the country’s infrastructure development, create new employment opportunities, and contribute to long-term economic growth and prosperity.
Citizenship by investment in Dominica is available through two options
Under the Dominica Citizenship by Investment program, investors can make a non-refundable contribution to the Economic Diversification Fund (EDF), or invest in an approved real estate project through the Dominica Citizenship by Investment Unit.
Dominica, known as the “Nature Island of the Caribbean,” boasts breathtaking misty rainforests, hidden waterfalls, winding rivers, and the world’s second-largest active boiling lake. The official language is English, and the currency used is the Eastern Caribbean Dollar. With a total area of 750 square kilometers, the country’s capital is Roseau. Dominica is a unitary parliamentary republic, and the population is estimated to be around 73,500 people.
The Commonwealth of Dominica’s Citizenship by Investment program is open to all nationalities, without any restrictions or language tests. Unlike other programs, residency or visits to the country are not required. As a Dominica passport holder, you can vote, purchase property, live, and work in the country. Holders of Dominica citizenship and passports can enjoy many benefits, including visa-free access to 146 countries and territories, such as the Schengen zone, the UK, and China. Additionally, citizenship can be passed down to newborn children, and dual citizenship is allowed. The program also provides easier access to the US and Canada, and non-residents are not subject to any taxes.
Travel to Europe with Dominica passport
The European Union maintains stringent visa policies and regulations, making it challenging for citizens of most non-EU countries to gain entry. The visa application process can be time-consuming and requires the submission of extensive documentation, as well as the fulfillment of numerous requirements and payment of fees. Despite investing significant effort, time, and money, obtaining a visa to enter Europe is not guaranteed, and some applications may be rejected.
Dominica citizenship advantages
Dominica passport holders enjoy the privilege of not needing a visa to enter many European countries, making it an attractive option for investors, businesspeople, and their families. The Dominica passport provides visa-free access to several popular tourist and business destinations in Europe, including Germany, France, Italy, Spain, and Portugal. Furthermore, for Dominica passport holders, visas are not required for most European countries outside of the European Union and the Schengen area, such as the United Kingdom, Ukraine, Serbia, and Russia.
The Dominica Citizenship by Investment Program offers a swift and efficient process, allowing eligible applicants to obtain citizenship and a passport in just 3 to 4 months.
Option 1: The Economic Diversification Fund ( Dominica Citizenship by Donation)
The Dominica Citizenship by Investment Program allows individuals to obtain citizenship through a donation to the Economic Diversification Fund (EDF), which aims to support the growth of the economy and public and private sector initiatives such as school construction, hospital renovations, national sports stadiums, agricultural projects, and tourism promotion.
The donation amount varies depending on the number of dependents included in the application. For a single applicant, the required donation is US $100,000. For the main applicant and their spouse, the amount increases to US $150,000. A family of four can obtain citizenship with a donation of US $175,000. Additional dependents can be included, with a donation of US $25,000 per applicant for those under 18 and US $50,000 per applicant for those 18 or older. It is important to note that these donations are non-refundable.
Option 2 : Real Estate (Dominica Citizenship by Investment)
To obtain citizenship through the Dominica Citizenship by Investment Program, the applicant must invest a minimum of US $200,000 in a government-approved real estate project within Dominica. The property must be held for at least three years from the time citizenship is granted, and it can only be resold under the program after five years of obtaining citizenship.
In addition to the real estate investment, there are government fees that apply to the application, which vary based on the number of dependents included. For a single applicant, the fee is US $25,000, while the main applicant and spouse are required to pay US $35,000. A family of up to four members must pay US $35,000, and a family of up to six members is required to pay US $50,000. Additional dependents can be included for a fee of US $25,000 per applicant.
The Dominica Citizenship by Investment program requires an investment in a government-approved real estate project within Dominica valued at a minimum of US $200,000. The investor must hold the property for at least three years from the grant of citizenship and may only resell the real estate under the Dominica Citizenship by Investment Program after five years of acquiring citizenship.
In addition to the real estate investment, applicants must also pay government fees and processing costs, including a non-refundable processing fee of US $1000 per application. Due diligence fees apply to the main applicant, spouse, and dependents over 16 years old at US $7,500, US $4,000, and US $4,000 per applicant, respectively. A Certificate of Naturalization is also required at a cost of US $250 per applicant.
To be eligible for Dominica citizenship, the main applicant must be at least 18 years old and have no criminal record. The source of funds for the investment must be proven, and dependent children under the age of 30 and dependent parents above the age of 65 are eligible for inclusion. Due diligence checks are required to gain approval.
Please note that only authorized agents are permitted to promote and provide services for the Dominica Citizenship by Investment program. Guide Consultants is one such authorized agent listed under the Citizenship by Investment Unit. Our team of specialists will assist you in collecting, translating, and notarizing the required documents while ensuring that they meet all of the government of Dominica’s requirements.
We will then submit the documents along with the necessary due diligence and processing fees to the Dominica government to initiate the application process. Once we receive initial approval, the Dominica government will send you a letter requesting the remaining funds. You will then make the necessary investment in the program you have chosen.
Upon completion of the program, you will receive your Certificate of Naturalization, signifying your citizenship of Dominica. Your Guide Consultants advisor will then apply for your Dominica passport and deliver it to you.
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