Citizenship of Dominica
- Holding a passport of Commonwealth of Dominica will allow you to travel visa-free to 137 countries, including the UK, the Caribbean, and the Commonwealth countries. Dominica has visa-free access to Schengen and all EU countries.
- Dominica does not impose any residency requirements and does not tax income, wealth, or inheritance
- Dominica, according to the new procedure, no longer requires going through an interview. However, the government may still invite individual candidates for economic citizenship in to online discuss their application
- The time it takes for applications to be considered is 3 months
TWO WAYS OF RECEIVING CITIZENSHIP MAKING A CONTRIBUTION TO THE STATE
Official authority: Economic Diversification Fund
Investor: 100,000 $
Investor + spouse: 175,000 $
Investor + spouse + 2 children: 200,000 $
Additional dependents: 25,000 $
INVESTING IN REAL ESTATE
Minimum investment: 200,000 $
Required period of real estate ownership: 3 years – State fees
Investor: 25,000 $
Investor + spouse: 35,000 $
Family up to 4 persons: 35,000 $
Family up to 6 persons: 50,000 $
Family up to 7 persons or more: 70,000 $
TWO WAYS OF RECEIVING CITIZENSHIP MAKING A CONTRIBUTION TO THE STATE
Advantages
- Simple transaction
Drawbacks
- Contribution is non-refundable
INVESTING IN REAL ESTATE
Advantages
- Tangible assets
- Return on investment in the form of dividends
- Return on investment in the form of resale
- Physical connection to the country
Drawbacks
- Greater initial costs
DOMINICA – A brief guide
Capital: Roseau
Area: 750 sq.km.
Population: 73 000
GDP: US $1.627 billion
Language: English and French
Year of independence from Great Britain: 1978
Main islands: Dominica
Dominica is a mountainous Caribbean island nation with natural hot springs and tropical rainforests. Morne Trois Pitons National Park is home to the volcanically heated, steam-covered Boiling Lake. The park also encompasses sulphur vents, the 65m-tall Trafalgar Falls and narrow Titou Gorge. To the west is Dominica’s capital, Roseau, with colorful timber houses and botanic gardens.