Important factors to consider in residence planning
The Dominica Citizenship-by-Investment Program operates under § 101 of the nation’s constitution and § 8 and 20 of the Citizenship Act. The program allows the government to grant citizenship to persons who qualify under certain criteria and policy guidelines, while boosting Dominica’s economic investment.
The Dominica Citizenship-by-Investment Program requires making an economic contribution to the country. In exchange, applicants and their families are granted full citizenship. The economic contribution takes the form of either a non-refundable donation made directly to the government or an investment into an approved real estate project.
Main applicants must be over the age of 18. Their dependents can include their spouse, children up to 30 years old, parents and grandparents 55 years old and above, and unmarried siblings up to 26 years old who are substantially supported by the main applicant and/or the spouse and have no children.
Under the current regulations, the following options exist for obtaining citizenship:
A non-refundable contribution to the Economic Development Fund of:
Otherwise, USD 175,000 shall be sufficient for a family of four including the main applicant, their spouse, and two other dependents (except siblings of the main applicant and/or their spouse).
An investment in an approved real estate development with a minimum value of USD 200,000, together with the following government fees:
In addition to the above costs, there are government processing fees per application of USD 1,000 as well as passport application and certificate issuance fees of USD 1,506 per applicant. Due diligence fees also apply, which are USD 7,500 for the main applicant and USD 4,000 for dependents 16 years and older. All applicants must be of good character. Applicants aged 16 and older must provide a certificate of no criminal record.
The applicant and their family are required to take an oath of allegiance before an authorized notary, justice of the peace, or commissioner of oaths. After pledging allegiance, the application for citizenship is processed further and the citizenship certificates are duly issued. Finally, the passport application can then be lodged and the passports issued.
There is no physical residence requirement. However, the government encourages new citizens to become further involved in the economy, and substantial incentives are on offer to make increased involvement an attractive option. The successful applicant has the right to take up residence in Dominica at any time and for any length of time. Any applicant who has been denied a visa to a country with which Dominica has a visa-free travel agreement must subsequently successfully obtain a visa from that country in order to be eligible to apply.
Pre-existing dependents of the main applicant and future spouses of persons who obtained citizenship through the Dominica Citizenship-by-Investment Program can apply for citizenship, subject to additional fees. Newborn children of persons who obtained citizenship through the program, born after the citizenship has been obtained, can be registered for citizenship at any time.
Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you.