Dominica Citizenship by Investment Program

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Dominica Citizenship by Investment Program

Dominica Citizenship by Investment Program

Launched in 1993, Dominica Citizenship by Investment Program is one of the most sought-after citizenship programs designed for high net worth individuals and families to acquire a second passport of the Caribbean Island nation. Dominica, undoubtedly, is the most beautiful and breathtakingly island in the Caribbean, offering higher living standards and fantastic quality of life to its citizens.

Why Choose Dominica Citizenship by Investment Program?

It is one of the most flexible and fastest routes to acquire a second passport.
Dominica offers a perfect blend of English, French, African, and Carib culture, making it a welcoming place for anyone seeking a new life.
Dominica is a politically and economically stable country with the lowest crime rate. It’s an ideal destination to raise your family.
The best thing about investing in Dominica is- it recognizes dual citizenship. It is also the most affordable citizenship program in the world, starting from $100,000.

BENEFITS

No physical residency requirements to fulfill
Dominica citizenship by investment program has no language, age, business experience, educational, or interview related requirements.
The country implies no taxes to non-residents, boasts the lowest crime rate, and is the most beautiful place to live an excellent life quality.
The candidate can include his/her dependent children under 30 years of age, unmarried daughters under 30, and dependent parents over 55 years.
Visa-free travel to over 137 countries worldwide, including the EU and UK.
Citizenship for life, with the right to live and work in the country
You can pass your citizenship on to future generations.
An array of new investment opportunities to expand your wealth and safeguard your future.

ELIGIBILITY CRITERIA

To qualify for the Dominica citizenship by investment program, you must meet the following eligibility criteria:

Be above 18 years of age
Only applicants with no criminal record, outstanding character and impeccable standing will be accepted.
The funds should be legally derived to obtain citizenship in the country.
Candidates should have excellent health and must prove that they do not suffer from any contagious disease.
The candidate must be willing to either make a significant economic contribution to a government fund or purchase approved real estate on the island.
Demonstrate basic knowledge of English.

INVESTMENT PATHWAYS

Citizenship by investment in Dominica can be acquired through two options:

Economic Diversification Fund

The Economic Diversification Fund (EDF) is a government-approved fund used to support Dominica’s public and private projects. These funds are utilized to cover the development costs in various sectors, such as education, healthcare, sports, tourism, etc.

A single applicant makes a non-refundable contribution of USD $100,000 to the government fund in this pathway. The amount can increase depending upon whether they include other applicants in the application, such as spouse and dependent children.

Single applicant-USD 100,000
Spouse of the main applicant-USD 50,000
Sibling of the main applicant or of the spouse aged 18-25-USD 50,000
Per additional dependent (excluding the spouse of the main applicant and siblings of the main applicant or of the spouse aged 18-25)-USD 25,000 each
Family of four including the main applicant, spouse, and two other dependents (excluding siblings of the main applicant or of the spouse)-USD 175,000

Pre-Approved Real Estate

Under this option, applicants are required to purchase a government-approved real estate property in Dominica. The value of this purchase must be at least US$200,000 and held for three years. Government fees starting from $25,000 per applicant also apply in this option.

Family with up to four members, including the main applicant and up to 3 dependents (excluding a dependent sibling)-USD 35,000
Family with up to six members, including the main applicant and up to 5 dependents (excluding a dependent sibling)-USD 50,000
Family of seven members or more, including the main applicant and at least 6 dependents (excluding a dependent sibling)-USD 70,000
Sibling of the main applicant or of the spouse aged 18-25-USD 50,000
Sibling of the main applicant or of the spouse aged under 18-USD 25,000

REQUIRED DOCUMENTS

The applicant must submit the following list of documents when applying for the Dominica citizenship by investment program.

Disclosure Form
Fingerprint and Photograph Verification Form
Medical Questionnaire and Certificate
Investment Agreement
Sales and Purchase Agreement for real estate option
Application Form 12
Color copies of all passports held
Copy of birth certificate
Marriage Certificate/Dissolution of Marriage Certificate, if applicable
Police Record from country of birth, country of citizenship, country of residence (if different), and any country in which the applicant has resided for more than six (6) months in the past ten (10) years, for each applicant sixteen (16) years and over
Copy of ID cards along with passport size photos
Medical checkup reports
Bank statements for the last 12 months
Notarized affidavit of source of funds
Proof of payment of relevant fees

The processing fee for the Dominica citizenship by investment program starts from US$8,810.

STEPS TO APPLY

Step 1# Talk to Abhinav Immigration Services

First, get in touch with us to know your possible options under Dominica’s citizenship by investment program. Abhinav is an authorized and licensed immigration consultancy firm with more than 28 years of experience. Our business immigration team can act on behalf of our clients and help them navigate through the complexities of citizenship by investment programs.

Step 2# Prepare the required documents

In this step, you’ll be required to gather all necessary documents for your application. You will need to complete all supporting documents, official forms, undertake a medical exam, and obtain certain other documents to make your application look strong and credible. Make sure to submit all documents in the English language only, along with the appropriate notarization and legalization.

Step 3# Background Verification

As mentioned already, the CBIU will only consider applicants with a clean background and exemplary track-record. In this stage, your file will go through a due diligence background check to ensure the information submitted by you is correct and accurate. Depending upon the background check process results, your file will be sent to the government for further proceedings.

If everything goes fine and as per the law, you will then receive a letter regarding the status of your application.

Step 4# Discussion with the Dominica CBIU

Once you submit the government collects all forms and the documents, your authorized agent will submit your application to the CBIU on your behalf. The authorized agent will attend all inquiries and answer questions that the CBIU might ask at the submission time.

Currently, Dominica does not ask the prospective applicants to go through a mandatory interview; however, depending upon the circumstances, the government might ask you to attend it before any decision is made on your application.

Step 5# Payment and Certification

If your application is approved, you must make your contribution either to the Economic Diversification Fund option or to the real estate property. Once your payment is approved, you will then receive a certificate of registration, which is an evidence of your citizenship. The certificate can also be used to apply for the Dominican passport.

PROCESS TIME

From submission of the application to an approval in principle, applicants are generally expected to wait three months.

How Abhinav Can Help?

Abhinav Immigration Services is a leading investment immigration and global relocation services provider with an exemplary track-record of more than 29 years.
Our team of business immigration experts provide end-to-end immigration support to individuals and families seeking a new life abroad.
With our strong immigration background and unwavering spirit of client servicing, Abhinav takes pride in providing top-quality services, backed with trusted and personalized guidance to each client.
Our team provides the best possible visa solutions to high net worth individuals with absolute discretion, trust, and integrity.

Are you ready to start with us? Just fill our free assessment form or call us at
(+91) 859 533 8595
and let our immigration experts help you make the move as smooth as possible.