INVESTOR PROGRAM
Advantages
- Citizenship and a second passport for life for the applicant and dependent family members
- Travel visa-free to more than 115 countries
- Visa Free access to Schengen Area countries granted in May 2015
- Enjoy tax free status
- No requirement to reside in Dominica
- No management or educational requirements
- No country restrictions (Open to all applicants)
Requirements
- Applicants can make a non-refundable donation to the government fund or invest in a government approved real-estate project
- Be over 18 years old
- Have no criminal record
- Provide all the documents are required in English
- Provide a letter of application for economic citizenship addressed to the Minister responsible for Citizenship
- Have basic knowledge of the English language
- Make a deposit in a bank account at the National Commercial Bank of Dominica
- Must use a government authorised agent
- After approval, every applicant must sign an oath of allegiance in front of a Notary Public, Justice of Peace or Commissioner of Oaths
- Obtain the passport after the citizenship confirmation
Investment options
- The Government Fund option (non-refundable) Minimum to be invested:
- USD 100,000 for a single applicant
- USD 175,000 for applicant accompanied by a spouse
- USD 175,000 for applicant accompanied by up to two children under 18 years old
- USD 200,000 for applicant accompanied by a spouse and two children under 18 years old
- Add USD 50,000 for each additional dependent of the main applicant other than a spouse
- The Real Estate option (saleable after 3 years)
Purchase authorised real estate with a minimum value of USD 200,000, which must be held for at least three years. In addition to the cost of the real-estate the following additional government fees apply:
- Main applicant: USD 50,000
- Spouse: USD 25,000
- Dependent under 18: USD 20,000
- Dependant aged 18-25: USD 50,000
Process (between 3-4 months)
- Prepare all the documents required and submit them via an authorised agent, and pay due diligence fees