The Citizenship by Investment Program in Dominica

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The Citizenship by Investment Program in Dominica

The citizenship by investment program in Dominica has garnered a strong and trustworthy reputation. This program offers two investment options: monetary contribution or real estate investment. This program has been known and active since 1993 and remains one of the top choices for many global investors due to the opportunities it provides.

The Citizenship by Investment Program in Dominica
14th December 2023
  • 741

Location: Caribbean Sea and North Atlantic Ocean
Capital: Roseau
Area: 751 square kilometers (290 square miles)
Population: 72,000
Official Language: English
Currency: East Caribbean Dollar (XCD) and US Dollar
Independence: November 3, 1978, from the United Kingdom
Organizations: United Nations, Organization of American States, Caribbean Sea Zone, Caribbean Community, Member of the International Criminal Court.

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Investors can obtain residency in the country for a minimum payment of $100,000, and the application process typically takes 4 to 6 months. Applications are made through licensed agents. A significant advantage is that Dominica allows dual citizenship, so there's no need to relinquish your current passport.

Applicants from most countries can apply for Dominican citizenship, except for North Koreans, Belarusians, Russians, and North Koreans. The Dominican passport has an excellent reputation globally, allowing its holders visa-free travel to over 140 countries, including the UK, Ireland, Schengen zone countries, Hong Kong, Malaysia, Turkey, Singapore, and more.

Additionally, Dominicans can swiftly obtain a Canadian visa through the CAN+ system.

In summary, the citizenship by investment program in Dominica is highly esteemed and offers a path to citizenship through monetary contribution or real estate investment, making it an attractive option for global investors.

Features of this program:

  1. A non-revocable Dominica citizenship that lasts for your lifetime and for the upcoming generations.
  2. Investment is made only after the citizenship approval.
  3. No need to renounce your other nationalities.
  4. Complete privacy concerning your new citizenship to any country.
  5. No actual residency requirement; all processes are remote.
  6. No interview, educational, or managerial experience requirements.
  7. Wealth protection:
  • No taxes on capital gains, gifts, wealth, or inheritance; no taxes for non-residents; no taxes on income earned outside of Dominica.
  • Easily open bank accounts in globally recognized, trusted banking institutions using your Dominica passport.
  • Trade with no customs duties in the Caribbean countries.
  • No restrictions on repatriation of dividends/profits and imported capital.
  • Generous incentive packages that include corporate tax incentives, complete exemption from customs duties, tax exemption benefits, and export allowances.

Global mobility:

  • Visa-free access to over 140 countries, including the United Kingdom and all Schengen Zone countries.
  • Easily obtain a 10-year US visa as a Dominica citizen.
  • Dominica is a member of CAN+, meaning obtaining a Canadian visa is merely a formality.
  • Allowed to reside in any country visa-free for 90 consecutive days.
  1. If a visitor stays in a neighboring country for a single day, they can extend their stay in the target country for an additional 90 days.
  • Right to reside in Dominica or most CARICOM countries at any time.

 

Steps and payments:

Time

Procedure

propulsion

At the beginning

Signing a service agreement with the International Governmental Committee.

+ 50% legal fees and due diligence fees: $7.500+

the first month

Collecting documents, translating certificates, and preparing files.

No payment

the second month

Once the documents are completed, the official application forms are filled out by experts from the International Governmental Committee and signed.


The application will be submitted by the legal representative to the Citizenship by Investment Unit (CIU). Subsequently, the CIU will conduct due diligence and review the provided information and documents.

Pre-application fee: 1.000 $


Down Batch Properties


20.000 $

the third month

In the event of preliminary comments from CIU on the application (additional information or documents), we must coordinate with the applicant to address them.

No payment

from the fourth month to the sixth month

Upon completion of due diligence and verification of the application, the CIU will issue its final comments on the processing request, or otherwise, the unit will release an approval letter for the application alongside transfer instructions.

Once approval is granted, the applicant is obliged to transfer the government fees + (financial contribution or the balance of the real estate investment).

The CIU then issues citizenship certificates and passports, respectively.

+ Pay the financial contribution or the balance of the real estate investment.

+ Citizenship certificate and passport fees.

+ 50% legal fees

Required Documents:

  1. Applicants' names must match the passports in all forms, documents and translations.
  2. All documents must be issued in the last 3 months.
  3. All required copies of documents must be clear to display all information.
  4. All required documents must be submitted to the Citizenship by Investment Unit (CIU) by an authorized licensed agent such as InvestGC.
  5. InvestGC's specialized legal team will handle all translation, certification, translation and apostille drawing.
  6. Additional documentation may be required depending on the case.
  7. All documents must be addressed to: Director - Citizenship by Investment Unit (CIU) First Floor, Financial Center, Department of Finance, Kennedy Street, Rozo, Commonwealth of Dominica.

#

Document

Who should submit.

The original mother copy.

Reviews.

1

Know Your Customer (KYC) Form

The whole family

version

It will be provided by InvestGC.

2

All passports (past and current)

The whole family

Color version

Home pages.

3

All valid visas

The whole family

Color version

-

4

Birth certificate

The whole family

Original

Issued by the country of birth, certified by the legal fee and translated

5

All identification cards

The whole family

Original

Certified by the legal fee and translated

6

All residency cards

The whole family

Original

Certified by the legal fee and translated

7

Marital status certificate

The whole family

Original

Certified by the legal fee and translated

8

Military service certificate

All adult applicants over the age of 18

Original

Certified by the legal fee and translated

9

Driving license

All adult applicants over the age of 18

Original

Certified by the legal fee and translated

10

Digital biometric photos

All adult applicants over the age of 18

Color version

Size: 38mm × 45mm

11

Education certificates (from age 18 and above)

The whole family

Original

Certified by the legal fee and translated

12

The following medical examinations:

  • Human Immunodeficiency Virus (HIV) test (from age 12 and above)
  • Blood test (CBC) (from age 5 and above)
  • Urine test (from age 5 and above)

The whole family

Original

Certified by the legal fee and translated

13

Medical forms (D3)

The whole family

Original

Translation

14

Curriculum Vitae (from age 18 and above)

The whole family

version

Translation

15

Enrollment verification or registration certificate (from age 12 and above)

The whole family

Original

Certified by the legal fee and translated

16

National address certificate, lease agreement, utility bill Proof of residential address

The whole family

Original

Certified by the legal fee and translated

By full name and surname on the documents.

17

Professional reference letter

Main Applicant

Original

Translation

18

Employment letter

Main Applicant

Original

Translation

19

Work/Company documents

Main Applicant

version

Translation

20

Bank reference letter and bank statement

Main Applicant

Original

Translation

21

Wealth declaration

Main Applicant

Original

Translation (at least $200,000)

22

Criminal record certificate (from age 16 and above)

Main Applicant

Original

Translation

23

Name change certificate

The whole family

Color version

If possible

Documents are required from every applicant including children:

  • D1 – Disclosure Form
  • D2 – Fingerprint and Photo Verification Form (to be completed in front of a fingerprint officer)
  • D3 – Medical Questionnaire and Certificate (to be completed by a licensed medical practitioner)
  • Application Form 12 (two completed and notarized copies)
  • Oath of Allegiance Form
  • Notarized colored copies of all held passports
  • Original of full birth record or a notarized copy of the full birth certificate with Foreign Affairs authentication (any birth document also detailing your parents, or household registry, family book, etc.)
  • Original police clearance from country of birth, nationality, residence (if different), and any country the applicant has lived in for the past ten years, for each applicant aged 16 and over. For children aged between 12 and 15, a declaration that the child has no criminal record is required by the parent.
  • Notarized colored copy of the driver's license
  • Notarized colored copies of all identification documents or cards
  • Notarized colored copies of all military service documents and discharge papers, if applicable (male applicant aged 18 and over)
  • 10-12 original passport-sized photos
  • Proof of residential address (notarized copy of a rental agreement or original utility bill)
  • Notarized copies of university/college certificates
  • Notarized Affidavit of Support for each dependent aged 18 and over included in the application, except for the spouse
  • Original HIV test results (for all applicants aged 12 and over)
  • Routine blood and urine test results
  • Recommendation letter from school/university principal for children aged between 12 and 18
  • Marriage Certificate/Dissolution of Marriage Certificate, if applicable
  • Colored copies of all documents evidencing a change of name (other than by marriage), if applicable
  • Notarized copy of divorce documents, if applicable

Documents required only from the main applicant:

  • Sale and Purchase Agreement - (Real Estate option only)
  • D4 – Investment Agreement (EDF - Economic Diversification Fund option only)
  • Original bank reference letter from a internationally recognized bank, no older than 6 months
  • Original bank statements for 12 months
  • Original professional reference letter (e.g., from a lawyer, notary, chartered accountant, or another similar professional), no older than 6 months
  • Original employment letter / financial statements
  • Detailed reports on business background / CV
  • Original extract of marriage register or notarized copy of the marriage certificate (if applicable)
  • Proof of payment of the relevant fees
  • Notarized Affidavit detailing the source of funds
  • Letter to the Minister

 

  •  Price summary:

Family of 5 people

Family of 4 people

Family of 2 people

Single Applicant

 

175.000  $

175.000  $

150.000  $

100.000  $

Contribution Fees

33.500  $

23.100  $

18.300  $

13.900  $

Duties & Costs

208.500  $

198.100  $

168.300  $

113.900  $

Total

 

  • Additional costs:

1000  USD

PROCESSING FEE

150  USD

PASSPORT FEE

250  USD  

+CERTIFICATE OF CITIZENSHIP

7.500  USD  

DUE DILIGENCE (MAIN APPLICANT)

4.000  USD  

DUE DILIGENCE (SPOUSE)

4.000  USD  

DUE DILIGENCE (EACH DEPENDANT 16 YEARS AGE AND OVER)

 

  • Price summary:

Family of 5 people

Family of 4 people

Family of 2 people

Single Applicant

 

250.000  $

250.000  $

235.000  $

225.000  $

investment Fee

33.500  $

23.100  $

18.300  $

13.900  $

Duties & Costs

283.500  $

273.100  $

253.300  $

238.900  $

Total

 

 

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