Dominica Citizenship By Investment
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Dominica is an island of remarkably unspoilt beauty, where lush, green forests roll across hills that stretch from shore to shore. English is the nation's official language, but French is also spoken widely.
Located in the Caribbean Sea, the Commonwealth of Dominica is one of the region’s most beautiful countries. Dominica is literally a traveller’s paradise owing to the presence of numerous beaches and rainforests. The boiling lake, the second-largest hot spring in the globe, is a tourist hotspot throughout the year.
Dominica is among the first set of Caribbean countries to implement a citizenship by investment program. Ever since its establishment in 1991, the program has been hugely sought-after owing to the fact that Dominica is one of the safest countries in the world. Termed as the Citizenship Act, the government can grant Dominica citizenship and a second passport to individuals who satisfy a certain set of rules and policy guidelines.
Investment Options in Dominica
Contribution to the NDF
The Economic Diversification Fund was set up to help improve the public and private infrastructure in the country. A citizenship aspirant has to donate an amount of 100,000 USD to the EDF. The required deposit amount will increase on the number of dependents.
Investment in Real Estate
Make an investment of 200,000 USD in a real estate project. The property must not be disposed of for a period of five years. Applicants are required to pay registration and processing fees.
Key Benefits of Grenada Passport
- Visa-Free or Visa on arrival access to 135 countries and territories
- Exempt from paying wealth, income, gift, inheritance, and capital gains tax
- Dominica citizens are eligible to receive the same Commonwealth privileges as UK citizens
- Free to hold Dual Citizenship
- Not required to physically reside in the country
- No repatriation of profits restrictions
- Benefits can be passed down to future generations
- Duty free trading in Caribbean
Requirements
- Good health
- No criminal record
- 18+
- Receive approval by the Government
- Confirmed investment sources
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