Citizenship by Investment in Dominica
|Population Growth: 0.20% :||73,757|
|GDP (per capita) :||11,400 USD|
|GDP (purchasing power parity) :||812 million USD|
|Visa free countries :||116|
|LOCATION :||Caribbean, Island between the Caribbean Sea and the North Atlantic Ocean about halfway between Puerto Rico and Trinidad and Tobago|
|TOTAL AREA :||751 sq. km|
|AGE DEMOGRAPHICS :||0-14: 21.84%, 15-24: 15.70%, 25-54: 41.97%, 55-64: 9.6%, 65+: 10.89%|
|LANGUAGE :||English (official), French patois|
|RELIGIONS :||Roman Catholic: 61.4%, Protestant: 28.6% (includes Evangelical: 6.7%, Seventh Day Adventist: 6.1%, Pentecostal: 5.6%, Baptist: 4.1%, Methodist: 3.7%, Church of God: 1.2%, Other: 1.2%), Rastafarian: 1.3%, Jehovah's Witness: 1.2%, Other: 0.3%, None: 6.1%, Unspecified: 1.1%|
|GOVERNMENT TYPE :||Parliamentary republic|
|CURRENCY :||East Caribbean dollars (XCD), tied to USD|
|EXCHANGE RATE :||1 USD = 2.7 XCD|
Named the Nature Island for its unspoiled natural beauty, Dominica is arguably the most breathtaking island in the Caribbean, boasting one of the best standards of living in the region.
WHY CHOOSE DOMINICA?
Officially the Commonwealth of Dominica, this beautiful island boasts pristine sandy beaches, lush green mountains, acres of unspoiled tropical rainforests, and some of the best diving and hiking in the Caribbean. A diverse blend of English, French, African and Carib peoples and cultures, Dominica is a politically and economically stable state with the lowest crime rate in the region. In addition Dominica recognizes dual citizenship. The Economic Citizenship Program offers applicants a wealth of benefits and privileges:
- No physical residency requirements.
- Inclusion of dependent children under 28.
- Inclusion of unmarried daughters under 28 living with and fully supported by the main applicant.
- Inclusion of dependent parents and grandparents over 55.
- No education or managerial experience required.
- Visa-free travel to over 110 countries, including Europe’s Schengen zone, the U.K., Hong Kong, Malaysia, Singapore and Turkey.
- No taxes for nonresidents.
To qualify for citizenship in Dominica, applicants must fulfill one of the investment options below in addition to meeting the following criteria:
- Be of outstanding character.
- Hold no criminal record.
- Have excellent health.
- Have a basic knowledge of English.
1. Government Fund Donation
A. Single Applicant
A single applicant is required to make a nonrefundable contribution of US$100,000 to the Government Fund.
B. Family Application I
(Applicant + spouse)
A nonrefundable contribution of US$175,000 qualifies the main applicant and the applicant’s spouse.
C. Family Application II
(Applicant + up to three qualifying dependents)
A nonrefundable contribution of US$200,000 qualifies the main applicant and up to three dependents. An additional $25,000 is required for each additional dependent, other than a spouse.
2. Real Estate Investment
Applicants may purchase property valued at a minimum of US$200,000 in a government-approved real estate development. The investment must be maintained for a minimum of three years. If maintained and sold after five years, the property qualifies the next buyer for citizenship as well.
Nationals of the following countries and territories will be treated on a case-by-case basis: Afghanistan, Chechnya, Iraq, North Korea, Pakistan, Sao Tome Principe, Saudi Arabia, Somalia, Sudan, Turkmenistan, Uzbekistan and Yemen.
Exceptions are applicants who have been legal residents in other countries for 10 years or more and whose investment funds do not originate from one of the above-mentioned countries. For case-by-case eligibility, please contact us.