Dominica is a lush, green island nation that is located between the French overseas territories of Guadeloupe and Martinique, in what is known as the Caribbean basin. It remains a part of the British Commonwealth having been granted independence from British rule in 1978. It enjoys a parliamentary democracy within the Commonwealth of Nations with the President as the head of state, and the Prime Minister heading the cabinet.
Interestingly, Dominica was the last island in the Caribbean to be colonized by Europe. The people largely speak French Creole.
Dominica is associated with and is a member of the Organization of Eastern Caribbean States (OECS). In an effort to diversify the economy, the government inspires investments in non-traditional agricultural exports. Although the island is vulnerable to hurricanes, Dominica experiences tropical weather almost all year-round.
A Few Facts about the Country
Why Dominica – Benefits of Citizenship
- Citizenship for life, including an unlimited number of eligible dependents, passed down to generations and newborns (applicants are not required to visit or reside on the island)
- Passports are issued in approximately 3 – 4 Months of filing an application
- Generous tax regime – no wealth, gift, inheritance, foreign income or capital gains tax
- A favourable business development environment with the currency being pegged to the dollar.
- Visa Free/or on arrival Travel to over 120+ countries including: United Kingdom, All of Schengen, Hong Kong, Singapore, Brazil, Turkey and many others.
- Full residency status and the right to work and live in Dominica.
- Dual citizenship is permitted and open to all nationalities without the requirement of renouncing your current nationality/citizenship.
- Family security is ensured as the spouse, children and elderly parents will also can obtain citizenship
Citizenship by Investment in Dominica is offered in two ways;
The National Development Fund (NDF) (Non-Refundable Contribution):
A Non-Refundable Contribution as Follows is required:
- US$100,000.00 for A Single Applicant
- US$175,000.00 for an Applicant and his/her Spouse
- US$200,000.00 for an Applicant with up to three qualifying dependents
- US$25,000 is payable for any Additional qualifying dependent
In addition to the Donation Amount, the following fees are applicable:
Due Diligence Fees:
- US$ 7,500 for the main applicant
- US$ 4,000 for a spouse
- US$ 4,000 for Each Dependent above the age of 16.
Government Processing Fee per Application:
- US$ 1,000
Passport and Citizenship Certificate Fees:
- US$ 250 per person.
Legal and Professional Fee:
- Subject to the number of dependents and varies on a case to case basis. A detailed quotation will be provided upon request.
A Real Estate Investment:
- The property purchase must be of a minimum of US$ 200,000 from a government approved real estate development project.
- The property ownership must be maintained for a minimum period of 3 years (5 Years should the new buyer wish to apply for Citizenship)
- Retain your citizenship even if you sell or transfer your investment after the 3 years holding period and recoup your costs. After a 5 Years the new buyer will also be afforded all the same benefits as well as citizenship.
In addition to the Donation Amount, the following fees are applicable:
Due Diligence Fees:
- US$4,000 for each dependent above the age of 16
- US$4,000 for a spouse
- US$ 7,500 for the main applicant
Government Fees:
- US$ 25,000 for the Main Applicant;
- US$ 35,000 for an applicant and his/her spouse
- US$ 35,000 for a Family of up to four persons, including the Main Applicant
- US$ 50,000 for a Family of up to six persons, including the Main Applicant
- US$ 70,000 for a family of seven persons or more, including the Main Applicant
Government Processing Fee per Application:
- US$ 1,000
Passport and Citizenship Certificate Fees:
- US$ 250 per person.
Legal and Professional Fee:
- Subjected to the number of dependents and varies from case to case basis. A detailed quotation will be provided upon request.
- An additional amount of 1% – 5% of the investment amount maybe applicable on a property purchase as registration fee.
Easy Steps to Obtain Your Citizenship and Passport:
Preparation
Submission
Issuance
Investments
Procurement
Preparation
Preparation of File:
Pre-screen your passport copy for Government pre-approval to ensure fast processing.
The Initial payment will be required to start the application.
Document collection and Review
Submission
Submission of File:
Submission of duly filled Application forms to Dominica.
Issuance
Issuance of Comfort Letter (Pre-Approval):
A due diligence report is issued to the Government. Based on the report the Government makes its decision on your Citizenship application.
Investments
Once accepted you are invited to pay the National Economic Fund contribution amount in to the relevant escrow account.
Procurement
Procurement of Passports:
A certificate of naturalization (citizenship certificate) and passport will be issued in your name and couriered to our office in Dubai or to an address as instructed by the investor.
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