Dominica Citizenship by Investment Program
Jul 11, 2023
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Dominica, often known as the Nature Island due to its pristine natural landscapes, is a stunning island with a high quality of life that places it among the top islands in the Caribbean.
The Citizenship by Investment Program in Dominica is authorized under sections 8 and 20 of the Citizenship Act and Article 101 of the Dominican Constitution. To increase financial engagement in Dominica, the government may now give citizenship to qualified applicants within certain policy constraints.
Requirements for Dominica citizenship
There are a number of prerequisites that must be completed before applying for citizenship under the Dominica Investment Citizenship Program - https://immigrantinvest.com/citizenship-dominica-en/.
To get Dominica investment citizenship, foreign investors must meet the following requirements:
- Be over 18 years old.
- Be a person of impeccable integrity.
- Be in peak physical condition.
- Have a clean slate, so to speak.
- Get through a thorough criminal record check.
- Know the fundamentals of the English language.
Benefits of Dominica citizenship
While Dominica is being one of the most beautiful countries in the whole world, there are some particular benefits to having its citizenship. Zlata Erlach, a high-class specialist from Immigrant Invest, highlights the best ones:
- Visit any of 144 countries without a visa or get one upon arrival.
- After citizenship has been obtained, a spouse, minor children, unmarried siblings, and parents or grandparents of any age may apply for citizenship as dependents.
- For future generations, it will be possible to get citizenship by descent: https://immigrantinvest.com/blog/rights-and-obligations-of-dominica-passport-holders-en/.
- The legal right to reside, work, and attend school in Dominica.
- Dual citizenship in Dominica is permitted.
- No minimum stay is necessary.
Dominica citizenship by investment program options
Two options to obtain full citizenship via the Dominica investment program are available.
1. Economic Diversification Fund
To spur national growth, the government set up the Economic Diversification Fund (EDF) to accept donations for specific socio-economic initiatives as a part of the Dominica economic citizenship program.
Candidates seeking citizenship under the Dominican Republic's citizenship-by-investment program are required to submit a non-refundable donation to the Dominican Republic's Economic Development Fund (EDF). The number of qualifying family members and dependents mentioned in the application will determine the total Dominica citizenship cost of the contribution.
- Single applicant — $100,000
- Applicant and their spouse — $175,000
- Applicant with their spouse and up to two other qualifying dependants — $200,000 (each additional qualifying dependant — $25,000)
2. Real Estate Investment
Property in a government-sanctioned development with a value of at least $200,000 may be purchased by applicants to get Dominica citizenship by investment in real estate. Any investment should be held for at least three years. After five years, if the property has been cared for and sold, the new owner will be eligible to apply for citizenship.
Chechnya, Afghanistan, North Korea, Iraq, Sao Tome and Principe, Pakistan, Somalia, Saudi Arabia, Turkmenistan, Sudan, Yemen, and Uzbekistan nationals will be evaluated on an individual basis.
Processing Time for Citizenship by Investment Applications in Dominica
Authorized Agents are authorized to prepare applications for this citizenship instead of applicants, and the Citizenship by Investment Unit reviews all applications (CIU).
In most cases, applicants should expect to hear back about their citizenship by investment program submission within three months.
Submission of an application to the Unit is contingent upon the inclusion of all required documentation and payment of all applicable fees.
After the approval of the application for citizenship by investment, the authorized agent will be informed by the Unit that the requisite qualifying investment must be made and the applicable government administrative costs should be paid before the Certificate of Registration can be issued.
Successful candidates obtain citizenship and can apply for a passport after the evidence of the investment unit becomes available.