The island of Dominica is a country with pristine and extremely beautiful nature. The standard of living in Dominica is very high and this country annually receives more than 200000 tourists who often visit the island during their voyages.
Dominica has beaches, spectacular mountains and luxury resorts. But the most income of Dominica is derived from the sale of citizenship through investment (CBI). Dominican Commonwealth Passport is the forty-fourth most valid global passport. With a Dominican passport you can travel to all Schengen countries without a visa. Dominican passport is economically the second passport in the world and the applicant with his family, can obtain a second and irrevocable Dominican passport without revoking his current citizenship.
A brief look at the citizenship program through investment:
Duration of citizenship: 2-4 months
Authorized nationalities: All nationalities
Visa-free travel countries: 122 countries, including Schengen, the United Kingdom, Singapore and Hong Kong.
Type of investment: Financial assistance to the Dominican government or investment in real estate in Dominica.
Investment cost: $ 100,000 for a single applicant or $ 200,000 for a family of four.
How to obtain citizenship by investing in Dominica:
Dominica at the moment, is building a modern, diverse and sustainable economy to compete in a global environment. Dominican government welcomes investments that create continuous economic growth and prosperity, while creating jobs and job opportunities for citizens.
Applicants looking for Citizenship by Investment (CBI) in Dominica can invest in one of two ways:
1. Economic Diversity Fund:
The Economic Diversity Fund (EDF) supports public and private projects in Dominica that include industries such as education, health care, sports and tourism. A Dominica citizenship applicant must help $ 100,000 to the EDF.
2. Real Estate Advisor:
Real estate is another investment option for Dominica CBI applicants. The applicant must purchase a property valued at least $ 200,000 and retain it for at least three years after the passport expires.
Step by step to acquire Dominica citizenship through investment:
Step 1: Selecting an authorized representative
The first step in applying for citizenship is to select a representative from the list of authorized representatives. Representatives are people who are formally authorized by the CBI (Citizenship by investment) to apply for citizenship investment on behalf of the applicant.
Step 2: Contacting an authorized representative
At this stage, by contacting the selected representative, one can find out about the best way to prepare the required documents to get information on his/her request. formal forms, medical examinations, and supporting documents for CBI applications must get translated and legalized. If you have chosen to buy a property, you need to book a sales contract.
Step 3: Check the history
After submitting the documents and application in the previous step, in this step your citizenship file will be carefully examined by the Citizenship through Investment Unit (CBIU) and the result of your file will be presented to the Dominican Government. Then your authorized representative will notify you of the status of your application, which was successful (approval in principle) or has been delayed or rejected for further review through a letter.
Step 4: Further Discussion with the CBIU Dominica
After submitting your documents and filing it to the CBIU, your authorized representative will attend all of their correspondence, meetings, and answer their questions. Unlike many countries, Dominica does not need an interview for citizenship through investment, however the Dominican government may request an interview due to special circumstances.
Step 5: Pay and issue a citizenship certificate
If your application is approved, the CBIU (Citizenship by investment Unit) will inform you to pay the fee to the Economic Diversity Fund or Real Estate Fund based on your choice. After receiving proof of payment, the CBIU will issue your Citizenship Certificate. And you can get a Dominican passport from the government.
Dominica Citizenship and Passport Benefits:
There are many reasons for choosing Dominica citizenship. From the thriving trade and tourism industry to paradisal beaches and personal lifestyle. Dominican passport benefits include:
Fast application and citizenship process
It only takes 2 to 4 months to apply for citizenship.
Ability to receive citizenship for the whole family
The cheapest second passport
Dual citizenship
Applicants for Dominica citizenship receive Dominican citizenship without revoking their previous citizenship.
Flexible requirements
You don’t need a residence permit, interview or managerial experience to become a citizen of this country.
Visa-free travel
The power of the Dominican passport is undeniable. With having this passport, you can go to more than 120 countries such as the Schengen area, England, Hong Kong, Singapore, Malaysia, Turkey and other countries without a visa.
Tax freedoms
There is no need to pay taxes on wealth, inheritance or capital gains.
Dominica Citizenship Conditions:
The applicant must be over 18 years old.
Have a prominent personality.
Be healthy.
Have no criminal record.
Have a basic knowledge of English.
Family members who can obtain citizenship and a passport with the applicant:
Spouse
Children under 18 years
Children between the ages of 18 and 30, if they are studying full time at university or educational institutions and are fully supported by the main applicant.
Parents or grandparents of the main applicant or spouse who are 55 years and older and are fully supported on behalf of the applicant.
Spouses of qualified parents or grandparents of the principal applicant or spouse
Tax laws in Dominica:
If one receives Dominican citizenship and passport without living in this country, tax won’t be received from the applicant.
If you stay for six months or more, the applicant is required to pay global income tax.
Dominica has double tax treaties with the United States and the Caribbean Community (CARICOM). This means that there are no restrictions on the return on capital or imported capital. Also there are several tax incentives for companies, complete waiver of entry fees, as well as tax rebate benefits and export grants. Dominica also has generous tax breaks and other tax deals.
General Documents Required for citizenship of Dominica:
Information Disclosure Form
Fingerprint Verification Form and Photo (done in presence of Fingerprint Officer)
Questionnaire and medical certificate (completed by an authorized physician)
Investment agreement (completed by the main applicant) or sales contract – (Property option and
Real Estate)
Application form, completed and notarized copies
Color versions of existing passports
Birth certificate
Certificate of marriage or divorce
Clearances
Color copy of driver's license
Color versions of all documents and identity cards
8 pieces of passport photos
Proof of residential address (lease agreement or facility receipt)
Color copies of diplomas
Letter of recommendation from the school or university for children between 12 and 18 years old
Official documents to support any dependent 18 years of age or older, excluding a spouse
Test results (HIV) for all applicants of 12 years and older
Routine blood and urine test results
Dominica citizenship fee:
Cost of investing in the Economic Diversity Fund (EDF): $ 100,000 for the principal applicant or $ 200,000
for a family of up to 4 people.
Real Estate Procedure Cost: $ 200,000 for pre-approved real estate for one person or
Family of 4.
Government costs on the real estate method: $ 25.000 for the principal applicant, $ 35,000 for a family
Up to 4 people.
Precautionary costs: $ 11.500 ($ 7500 - main applicant, $ 4000 - spouse and each dependent of 16
Year and older)
Review fee: $ 1,000 (per program)
Passport fee: $ 900 ($ 300 per applicant)
Registration Certificate Fee: $ 750 ($ 250 per applicant)
Bank precautionary fees: $ 300 (per transaction)
Authorized agency fees: (According to the individual representative)
Total estimated cost: US $ 950,231
Frequently Asked Questions about Dominican Citizenship:
How can one get Dominican citizenship?
To become a citizen, you must either contribute to the Economic Diversity Fund or buy valued real estate in advance.
Does Dominica allow dual citizenship?
Yes, Dominica recognizes dual citizenship.
How much does Dominica citizenship cost?
Dominica citizenship can be Bought $ 100,000 for an applicant and $ 200,000 for a family of four.
What is the application process for Dominican citizenship?
The application process is simple and easy. From the time your request is sent your document usually will be evaluated by the CBIU within 3 months. Once the records have been thoroughly reviewed, your request will be approved if the CBIU confirms.
Can a friend or family member apply for my citizenship?
No. Only an authorized representative can apply on your behalf and apply for your citizenship.
Can my family also receive Dominica citizenship?
Yes, children under the age of 18 and spouses without any preconditions, dependent children between the age of 30 and 18, dependent children with mental or physical problems, in addition to the parents or grandparents over the age of 55 who live with the applicant.
How do I apply for Dominica citizenship?
Through authorized representatives listed on the Dominica Government website.
What language should the documents be in?
All documents must be submitted in the original language of the applicant as well as in English.
/https://www.globalcitizensolutions.com/dominica-citizenship-by-investment https://www.citizenshipinvest.com/en/our-programs/fast-citizenship-programs /https://www.globalcitizensolutions.com/dominica-citizenship-by-investment /https://cbiu.gov.dm https://www.citizenshipinvest.com/en/our-programs/fast-citizenship-programs