About Dominican Citizenship Program
Since 1993, the Dominican Citizenship by Investment program was started to offer to the investors with impressive net worth looking for citizenship in Dominica in exchange for the contributions to the government authorized development projects.
Benefits of Dominican Citizenship
- Visa-free travel to more than 110 countries, including the EU-Schengen, United Kingdom, Singapore, Hong Kong and Ireland.
- Minimal Taxation – no wealth, gift, inheritance, foreign income or capital gains tax.
- Full residence status, with the right to live and work in Dominica
- Dual citizenship is allowed
- No residency requirements in Dominica before or after citizenship is granted
- Confidential application procedure.
- The inclusion of dependent parents starting from the age of 55 years.
- The inclusion of dependent children up to the age of 30 years.
- Lifelong citizenship that can legally pass on to generations of the main applicant.
Dominican Citizenship Investment Options
A) Government Fund Donation
The donations made to the Government Fund is a non-refundable monetary contribution that requires the following considerations:
- USD 100,000 for a Single Applicant
- USD 175,000 for a Main Applicant and Spouse
- USD 200,000 for a Main Applicant with up to three qualifying dependents
- USD 25,000 for an additional qualifying dependent, other than the Spouse
In addition to the monetary contribution made to the Government Fund of Dominica, Due Diligence fees and other charges are applicable.
B) Real Estate
To acquire Citizenship in Dominica by Investment in Real Estate, each applicant must invest a minimum of USD 200,000 in a Government Authorized real estate project.
The real estate must be held for 3 years. The property should have a resale value after 5 years from the date of purchase. This part requires maintenance, which will only going to benefit.
Additional Fees
- USD 25,000 for the Main Applicant
- USD 35,000 for the Main Applicant applying with his or her spouse
- USD 35,000 for a family of up to four persons, including the Main Applicant and up to three dependents
- USD 50,000 for a family of up to six persons, including the Main Applicant and up to five dependents; or
- USD 70,000 for a family of seven persons or more, including the Main Applicant and six or more dependents
Dominican Citizenship Requirements
To qualify for the Dominica Citizenship by Investment Program each applicant must provide the following documents and proofs:
- A detailed CV
- Character certificate with no criminal record
- Comprehensive business background information
- Reliable references