Citizenship of Dominica

  • Holding a passport of Commonwealth of Dominica will allow you to travel visa-free to 137 countries, including the UK, the Caribbean, and the Commonwealth countries. Dominica has visa-free access to Schengen and all EU countries.
  • Dominica does not impose any residency requirements and does not tax income, wealth, or inheritance
  • Dominica, according to the new procedure, no longer requires going through an interview. However, the government may still invite individual candidates for economic citizenship in to online discuss their application
  • The time it takes for applications to be considered is 3 months

TWO WAYS OF RECEIVING CITIZENSHIP MAKING A CONTRIBUTION TO THE STATE

Official authority: Economic Diversification Fund
Investor: 100,000 $
Investor + spouse: 175,000 $
Investor + spouse + 2 children: 200,000 $
Additional dependents: 25,000 $

INVESTING IN REAL ESTATE

Minimum investment: 200,000 $
Required period of real estate ownership: 3 years – State fees
Investor: 25,000 $
Investor + spouse: 35,000 $
Family up to 4 persons: 35,000 $
Family up to 6 persons: 50,000 $
Family up to 7 persons or more: 70,000 $


TWO WAYS OF RECEIVING CITIZENSHIP MAKING A CONTRIBUTION TO THE STATE

Advantages

  • Simple transaction

Drawbacks

  • Contribution is non-refundable

INVESTING IN REAL ESTATE

Advantages

  • Tangible assets
  • Return on investment in the form of dividends
  • Return on investment in the form of resale
  • Physical connection to the country

Drawbacks

  • Greater initial costs

DOMINICA – A brief guide

Capital: Roseau
Area: 750 sq.km.
Population: 73 000
GDP: US $1.627 billion
Language: English and French
Year of independence from Great Britain: 1978
Main islands: Dominica

Dominica is a mountainous Caribbean island nation with natural hot springs and tropical rainforests. Morne Trois Pitons National Park is home to the volcanically heated, steam-covered Boiling Lake. The park also encompasses sulphur vents, the 65m-tall Trafalgar Falls and narrow Titou Gorge. To the west is Dominica’s capital, Roseau, with colorful timber houses and botanic gardens.

Do you want to live in Dominica? Click here to take the next step!

Similar Posts

Leave a Reply