THE FASTEST AND EASIEST WAY TO CITIZENSHIP
DOMINICA PERMANENT CITIZENSHIP:
Investment optionsEconomic Diversification Fund Donation Single Applicant
- A single applicant is required to make a non-refundable contribution of USD 100,000 to the Economic Diversification Fund.
- A married couple (2 persons) is required to make a non-refundable contribution of USD 150,000 to the Economic Diversification Fund.
- A non-refundable contribution of USD 175,000 qualifies a family of 4 including the main applicant, the spouse, and two other dependents other than dependent siblings.
In addition to: - USD 25,000 for each family member from the 5th member onwards: child, parents or siblings under 18 years old.
- USD 50,000 for siblings between 18 and 25 years old.
- Applicants may purchase property valued at a minimum of USD 200,000 in a government-approved real estate development. The real estate must be maintained for at least 3 years. And after 3 years, it can be sold and the capital returned to the investor.
Benefits
- It is one of the oldest passport programs (since 1993) and one of the cheapest in the Caribbean.
- Inclusion of elderly dependent.
- Visa-free or visa upon arrival to around 144 countries. In addition to a 10-year tourist visa to the US.
- Live, work and study in the island.
- No visit requirements to the country prior or after getting the Dominica citizenship.
- No restrictions on dual citizenship in Dominica.
- No physical residency requirements.
- Citizenship by descent available for future generations.
- No taxes for non-residents.
- Citizenship in the country is never revocable under any circumstances.
- A citizenship by investment Dominica passport is valid for 10 years at a time, and can be renewed for life. But Dominica passports issued to children under 16 years old are valid for a duration of 5 years.
- Ability to include family members in the citizenship program application:
- Spouse.
- Children under 30 years old. With a proof that they are financially dependent on the applicant for the children above 18 years old.
- Parents and parents in law over 55 years old.
- Siblings:
-Under 26 years old.
-Unmarried.
-Have no children.
-Financially dependent on the applicant.
-Consent of their parents or guardians if under 18 years old. - As well as to add dependents after citizenship has been granted to the main applicant.
- Varieties of investment options: Governmental donation or real estate investment.
- No education or managerial experience or language required.
- Investment in real estate could be retained after 5 years.
- You will have the same rights as people who were born on the island.
WHY INVEST IN DOMINICA:
- It is a member of the Commonwealth of Nations, the United Nations, the Organization of American States, the Organisation Internationale de la Francophonie, the Organization of Eastern Caribbean States and the Non-Aligned Movement.
- Free movement of profit and dividends with no capital gains, estate or death taxes.
- Tax Free for Non-Residents.
- Dominica is a member of the Commonwealth, which entitles citizens to certain privileges in the UK and other Commonwealth countries.
- Ranked 6th by FDI Intelligence for cost effectiveness in the Caribbean & Latin America.
- Ranked 8th by FDI Intelligence for safety, political stability, health and education services per population and life expectancy.
- Prices are much lower in the cities and rural areas than in the United States or Canada.
- The peace and quiet, the fresh air, the colors, the heritage, and the embrace of nature.
- An English speaking, educated, and trainable workforce with 95% literacy.
- Stable macroeconomic environment and mature democracy.
- Unrestricted foreign ownership of businesses.
- Steady sea and air transportation to major markets and destination.
- Privileged access to major international markets and agreements with Europe.
- Has multinational companies for life and medical insurance.
- Low cost of living.
- Lowest crime rate in the region.
- Dominica is a secure offshore tax haven.
- Offshore companies registered in the state receive 20-year tax holidays and do not pay income, profits, inheritance, wealth, and other taxes. Instead, such companies pay a registration fee and government levy annually.
- No restriction on the repatriation of corporate profits or imported capital, generous export allowances, duty-free trading in the Caribbean, and full exemptions from import duties.
- Dominica does not have property tax. A municipal tax is paid to the city and village councils.
- It is a politically and economically stable state.
- It has a beautiful nature that is mostly untouched by mankind.
- Agriculture has long been the country's economic mainstay, with banana production directly or indirectly employing more than one-third of the island's workforce.
- Fair treatment for local and foreign investors.
- Free conversion of funds, free access to international currency in local commercial banks and the Central Bank.
ABOUT DOMINICA:
- Official Name: The Commonwealth of Dominica
- Form of Government:Parliamentary Democracy within Commonwealth of Nations
- Capital: Roseau
- Population: 71,808
- Official Language: English- French based Creole (Patois) is widely spoken
- Currency: Eastern Caribbean dollar
- Area: 751 KM2
- Education: Literacy by 94% English Education - Private and Public Preschool education &Elementary education are Free and compulsory. Secondary& High school are free and not compulsory.
- Culture: Caribbean Creole Culture- Mixed of African & European Traditions
- Environment:Mountainous volcanic island with rainforest cover, white sand beaches
- Health Care: Largely Financed by general Taxes Indigent, Communicable diseases, pregnant women and children under 17 are exempt from medical care charges
- Taxation: 15%
- Tourism: Tourism in Dominica contributes Greatly to its economy, Abundant Touristic Attractions (Boiling water Lake, Trafalgar Falls etc.. )
- Weather: Tropical Weather, Varies drastically between regions and seasons.
- Politics: Stable
- Schengen: Not a Member
- Religion: Roman Catholic
QUALIFICATION & INVESTMENT CRITERIA:
- Applicant at least 18 years old.
- Clean Criminal Record.
- In Good health.
- Applicant has outstanding character.
- Sales / purchase contract for the type of investment needed.
- Real estate investment or government fund: The investment is paid into 2 different stages; an initial deposit will be paid upon submission of the citizenship application, once the application is approved, and then the balance will become payable; Dominica will issue the passports shortly afterwards.
- Proof of source of wealth: documents providing from where the wealth has been derived.
- Proof of source of investment funds: supporting with bank statements for last 12 months, owned properties contracts…
- Proof of annual income –Audited accounts for business owners, HR letter, bank account interest, rental contracts...
- Receive the approval from the government.
- Birth Certificate.
- Marriage certificate.
- Photos passport.
- Diploma of high education.
- Copy of driver’s license.
- Medical report.
- Proof of residential address (lease agreement or utility bill).
- Passport and Copies of all passports held.
- Copies of all military service and discharge documents, if applicable.
- Affidavits of Support for the accompanying dependents.
- Have a basic knowledge of English.
- Nationals of the following countries and territories will be treated on a case-by-case basis: Afghanistan, Chechnya, Iraq, North Korea, Pakistan, Sao Tome Principe, Saudi Arabia, Somalia, Sudan, Turkmenistan, Uzbekistan and Yemen.
- Exceptions are applicants who have been legal residents in other countries for 10 years or more and whose investment funds do not originate from one of the above-mentioned countries. For case-by-case eligibility.
- The real estate investment must be maintained for a minimum of three years. If maintained and sold after five years, the property qualifies the next applicant for citizenship as well.
- Main Applicant USD 25,000.
- Spouse USD 35,000.
- Family of 4 (dependent children up to 30 years old) USD 35,000.
- Family of 6 (dependent children up to 30 years old) USD 50,000.
- Family of 7 or more (dependent children up to 30 years old) USD 70,000.
- Dependent Sibling of Main applicant and/or spouse aged between 18 to 25 years old USD 50,000.
- Dependent Sibling of Main applicant and/or spouse aged below 18 years old USD 25,000.
- Main Applicant USD 7,500.
- Spouse USD 4,000.
- For any dependents aged 16 or above USD 4,000.
- Dependent Sibling of Main applicant and/or spouse aged between 18 to 25 years old USD 4,000.
- Dependent Sibling of Main applicant and/or spouse aged below 18 years old USD 4,000.
- USD 1,000 per application.
- Certificate of naturalization fee – USD 250 per person.
- Expedited passport issuance fee – USD 1,200 per person.
- Main Applicant USD 7,500.
- Main Applicant plus spouse USD 11,500.
- Main Applicant plus spouse and 2 dependents below the age of 18 USD 11,500.
- Dependent Sibling of the Main Applicant/Spouse aged 18 to 25 years USD 4,000.
- Any additional dependent USD 4,000.
- Main Applicant USD 1,800.
- Main Applicant plus spouse USD 2,600.
- Main Applicant plus spouse and 2 dependents below the age of 18 USD 4,200.
- Dependent Sibling of the Main Applicant/Spouse aged 18 to 25 years USD 5,800.
- Any additional dependent USD 5,800.