If you’re considering a second citizenship, Dominica, hailed as the “Nature Island of the Caribbean,” beckons with an enticing Citizenship by Investment Program. Launched in 1993, this program offers a straightforward path to obtaining a Dominican passport for you and your family.
Two Paths to Dominica Citizenship
To become a Dominican citizen, you can opt for one of two investment routes: a minimum non-refundable contribution of $100,000 to the Economic Development Fund or an investment of at least $200,000 in government-approved real estate projects. The process is efficient, and you can have your Dominican passports in hand within just two to three months.
Exploring Dominica’s Citizenship by Investment Program
Understanding Citizenship by Investment (CBI)
Citizenship by Investment programs, also known as economic citizenship or golden visa programs, present a unique opportunity for foreign investors. By making an economic contribution to a country’s development—either through a donation or real estate investment—investors gain citizenship, a privilege that extends to their families.
Dominica’s CBI Program at a Glance
Dominica’s Citizenship by Investment Program is a strategic initiative by the Dominican government to attract foreign investment and boost economic development. It’s renowned as one of the most popular programs in the Caribbean, consistently ranked as the best for four consecutive years by the CBI Index.
Benefits of Choosing a Caribbean Citizenship by Investment
If you’re wondering why a Dominican passport is a wise investment, here are compelling reasons:
1. Securing a Safe International Life: Owning a Caribbean passport serves as an ideal contingency plan for you and your family, offering flexibility and opportunities during periods of economic and political instability.
2. Comprehensive Family Inclusion: The citizenship application in Dominica allows the inclusion of your entire family, encompassing spouses, children, parents, and grandparents. Recognizing dual citizenship, Dominica ensures the lifelong passage of citizenship to future generations.
3. Expedited Process: The citizenship acquisition process in Dominica is swift, typically taking only two to three months to complete.
4. Adaptable Requirements: The application procedure for Dominican citizenship is straightforward and adaptable, devoid of residency mandates or language assessments. Residence permits are unnecessary, and the entire process can be conveniently completed remotely, with Dominica passports delivered to an address of your choosing.
5. Visa-Free Travel Destinations: Holders of Dominica passports and their families enjoy visa-free travel to over 140 countries, including prominent destinations like European countries, Russia, China, Singapore, and Hong Kong.
6. Affordability for Individuals: Obtaining Dominican citizenship comes at a total cost of less than $110,000, encompassing investment, application fees, and due diligence fees. This is the most cost-effective option in the Caribbean and globally.
7. Tax Optimization: Dominica citizens benefit from an appealing tax environment, free from income, wealth, capital gains, or inheritance tax. Moreover, Dominica has double taxation agreements with the US and CARICOM, facilitating unrestricted repatriation of profits and imported capital.
8. Premier Citizenship by Investment (CBI) Destination: In operation since 1993, Dominica boasts one of the most reliable Caribbean citizenship programs. Recognized by the CBI Index, published by the Financial Times’ Professional Wealth Management, Dominica has secured the title of the best country for citizenship by investment for four consecutive years.
Who can get Dominica Citizenship?
Main Applicant
To fulfill the Dominica citizenship program requirements, the foreign national must:
- Be over 18 years old
- Have an outstanding character
- Have excellent health
- Have a clean criminal record
- Pass a detailed background check
Family members
The following family members can be included in the application and obtain lifelong Dominica citizenship:
- Spouse
- Children of the main applicant or spouse under 18 years old
- Children aged between 18 and 30 attending an institution of higher learning and supported by the main applicant or spouse
- Unmarried daughters under 25 supported by and living with the main applicant or spouse
- Mentally or physically challenged dependent children, supported by the main applicant or spouse
- Dependent parents and/or grandparents of the main applicant or spouse, over 65 years old
Dominica Citizenship Document Requirements
The application process involves various documents, including disclosure forms, fingerprint and photograph verification, medical questionnaires, investment agreements (for the Economic Diversification Fund option), and more. These documents undergo due diligence to confirm identities and financial profiles.
- Disclosure Form
- Fingerprint and Photograph Verification Form (to be completed in front of a fingerprinting officer)
- Medical Questionnaire and Certificate (to be completed by a licensed medical practitioner)
- Investment Agreement (EDF option only; to be completed by the main applicant only)
- Sales and Purchase Agreement – (real estate option only)
- Application Form completed and notarized copies
- Color copies of all passports held
- Birth Certificate
- Marriage Certificate/Dissolution of Marriage Certificate, if applicable
- Police records from the country of birth, country of citizenship, country of residence (if different), and any country in which the applicant has resided for more than six months in the past ten years, for each applicant 16 years and over. For children aged 12-15, a sworn affidavit by the parent that a child does not have a criminal record is required
- Color copy of your driver’s license
- Color copies of all identity documents/books or cards
- Color copies of all military service and discharge documents, if applicable
- Color copies of all documents evidencing a name change (other than through marriage), if applicable
- 8 passport-size photos
- Proof of residential address (lease agreement or utility bill)
- Color copies of university/college diplomas
- Letter of recommendation from the head of the school/university for children between 12 and 18 years old
- Notarized affidavit of support for each dependent aged 18 or over included in the application, except the spouse
- HIV test results (for all applicants aged 12 or above)
- Routine blood and urine test results
Supporting documentation
- Professional reference
- Letter of employment/financial statements
- 12 months of bank statements
- Notarized affidavit of the source of investment funds
- Detailed business background reports/resume/CV
- Letter to the Minister
- Proof of payment of relevant fees
Dual Citizenship in Dominica
Yes, Dominica allows dual citizenship, allowing you to maintain your current passport while enjoying the privileges of a Dominican passport. It’s essential to check the dual citizenship policies of your current country of citizenship.
Dominica Citizenship Program: Who Qualifies?
The main applicant needs to be over 18 years old, have an outstanding character, excellent health, and a clean criminal record. A detailed background check ensures the credibility and longevity of the investment citizenship program.
Investment Options in Dominica
1. Economic Diversification Fund (EDF): A non-refundable contribution of at least $100,000 to support socio-economic projects in Dominica.
2. Pre-approved Real Estate: Invest a minimum of $200,000 in government-approved real estate projects, with the option to resell after three to five years.
Application Process Made Simple
1. Choose Your Route: Decide between the Economic Diversification Fund or pre-approved real estate.
2. Prepare Documents: Complete application forms and necessary documents provided by Global Citizen Solutions.
3. Submit Application: Your dedicated specialist will apply on your behalf, ensuring a smooth process.
4. Approval by CBIU: Receive approval ‘in principle’ from the Citizenship by Investment Unit (CBIU) within three months.
5. Make Your Investment: Fulfill your investment, pay additional fees, and provide proof to the CBIU.
6. Citizenship Granted: You and your family will be granted citizenship, and your Dominican passports will be delivered to an address of your choice.
Pros and Cons of Dominica’s CBI Program
Pros:
1. Affordability: It’s the most affordable second passport, with total program costs under $110,000 for a single applicant.
2. Trusted Program: Established in 1993, Dominica’s CBI program is reliable and has been consistently recognized as the best for four years.
3. Travel Freedom: Dominica passport holders enjoy visa-free travel to numerous countries, including Russia and China.
4. Access to US Visas: Dominica citizens can apply for a ten-year B-1/B-2 Visa to the US, allowing extended stays.
Cons:
1. Limited Family Inclusion: Dominica has less inclusive requirements for family members compared to other Caribbean programs.
2. Extreme Weather Concerns: Dominica is vulnerable to hurricanes, potentially impacting real estate investments.
3. Limited Investment Options: The program offers only two investment routes—real estate or government donation.
4. No Visa-free UK Access: A Dominica passport no longer provides visa-free access to the UK.
Discover Dominica: The Nature Island
Beyond its citizenship program, Dominica is a haven known for its natural beauty, with lush rainforests, waterfalls, and volcanic landscapes. It’s a smaller Commonwealth nation in the Lesser Antilles, distinct from the larger Dominican Republic
Why Choose BND Global Solutions?
BND Global Citizenship Solutions offers tailored residence and citizenship solutions in Europe and the Caribbean. With a global approach and local expertise, we ensure a 100% approval rate, providing full transparency and a comprehensive team of immigration lawyers, investment specialists, and tax experts.
Begin Your Journey Today with BND Global
For those in pursuit of a reliable, affordable, and globally recognized second citizenship, Dominica stands out. BND Global’s CBI program, carefully managed, opens doors to unparalleled opportunities and a life marked by security and flexibility. Connect with our team of experts for a personalized consultation, and let’s unlock the world together.
