Citizenship by Investment: Dominica

Created in the early 1990s with the goal of furthering the island’s development, Dominica’s Citizenship By Investment (CBI) program has fueled job creation while positively impacting the economy for over two decades. One of the region’s quickest CBI scheme, applicants can receive Dominica citizenship in three to four months. Applicants can pursue a Dominica passport through either a monetary donation to the island’s Economic Diversification Fund (EDF) or by investing in real estate on the island.

About Dominica 

One of the most naturally beautiful islands in the Caribbean, Dominica is an eco-hot spot renowned for its lush forests, waterfalls, and pristine beaches. Its population is just over 70,000 speaks English and its currency is the Eastern Caribbean Dollar (ECD).

Dominica Passport Advantages

Dominica citizens enjoy the following benefits through their Dominica passport:

·       Visa-free entry to the Schengen area, the United Kingdom, China, and the world; over 140 countries in total

·       Reduced tax burden

·       Zero residency requirements

·       Dual citizenship

·       Hereditary citizenship

Dominica Citizenship by Investment Options

1.      Donation

• ·       The donation option involves making a monetary investment in the country’s Economic Diversification Fund (EDF), a government fund which is directed toward the Dominica economy (investments typically fund hospitals, schools, local businesses, etc.). 
• ·       Donation amounts are as follows:
• o   $100,000 USD (For single applicant)
• o   $150,000 USD (For main applicant and spouse)
• o   $175,000 USD (For a family of four)
• o   $25,000 USD (Per dependent, excluding siblings)
• o   $25,000 USD (For each dependent sibling under 18 years old)
• o   $50,000 USD (For each dependent sibling 18-25 years old)

2.      Investment in Real Estate

• ·       Foreigners can receive citizenship from Dominica by purchasing pre-approved real estate on the island. Ownership must be maintained for a minimum of three or five years after naturalization. Once that time have passed post-naturalization, the property is eligible to be sold. 
• ·       Pricing for the Real Estate option is as follows:
• o   $200,000 USD (Minimum investment value of selected property)
•  
• ·       In addition to the Real Estate cost above, a government fee is applied as follows:
• o   $25,000 USD (For single applicant)
• o   $35,000 USD (For main applicant and spouse)
• o   $35,000 USD (For family up to four)
• o   $50,000 USD (For six-person family) 
• o   $50,000 USD (For 7+ person family) 
• o   $25,000 USD (For each dependent sibling under 18)
• o   $50,000 USD (For each dependent sibling 18-25)

Please note that, in addition to the above investment amounts for the two options to Dominica citizenship, all applicants are also responsible for the following fees:

• ·       $1000 USD (Processing per application)
• ·       $250 USD (Naturalization Certificate)
• ·       $7,500 USD (Due diligence cost for main applicant)
• ·       $4,000 USD (Due diligence cost for spouse of main applicant)
• ·       $4,000 USD (Due diligence cost per dependent age 16+)

Eligibility Requirements for Dominica Citizenship by Investment

All applicants for citizenship via the Dominica CBI program must fulfill the following criteria:

·       Pass a complete security/due diligence check

·       Be without a criminal history

·       Demonstrate the origin of any money used toward their CBI investment 

·       The main applicant must be age 18+

Eligible Family Members

·       Spouse

·       Dependent children under the age of 30

·       Dependent parents and grandparents of any age

·       Unmarried dependent siblings under the age of 25

How to Apply for Dominica Citizenship

1.      Contact MASA Immigration to begin your journey to Dominica citizenship.

2.      Prepare your application. Your agent will help you acquire, assemble, and fill out all the application materials

3.      Submit your application and all relevant fees.

4.      Once the application is approved, submit all remaining investment fees

5.      Collect your Certificate of Registration and officially become a Dominica citizen

6.      Apply for your Dominica passport (this is done by your agent, who will send your passport to you directly once the application is complete).