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An Overview of Dominica Citizenship-by-Investment

The Commonwealth of Dominica is an independent English-speaking island state situated between the French islands of Martinique and Guadeloupe. This former British colony is a member of the Commonwealth of Nations (British Commonwealth), the UN, the Organization of American States, CARICOM, and other international organizations. One of the most beautiful islands in the Caribbean, Dominica has a pleasant climate, particularly in the cooler period between December and March, attracting tourists from around the world.

Its citizenship-by-investment program was established in 1993 to boost the country’s largely agriculture-based economy. In recent years, and through an increase in real estate investments, the country’s economy now relies heavily on tourism. The island’s 750 km2 are home to over 74,000 inhabitants, with around 3,000 being the last surviving native Carib people in the Caribbean. Dominica boasts an almost non-existent crime rate and the currency is the Eastern Caribbean dollar, which is pegged to the USA dollar.

Benefits of Dominican citizenship

  • Visa-free or visa-on-arrival travel to 141 destinations including Europe’s Schengen Area, Hong Kong, and Singapore
  • Ability to include a spouse, children under 30, unmarried siblings under 26, parents, and grandparents aged 55 and over, as well as to add dependents after citizenship has been granted to the main applicant
  • Citizenship-by-descent available for future generations
  • Full residence status, with the right to live, work, and study in Dominica
  • No restrictions on dual citizenship in Dominica
  • No minimum stay required

Dominica citizenship-by-investment requirements

To qualify for citizenship under the current regulations, applicants may choose from one of two options:

  • A non-refundable contribution to the Economic Development Fund of USD 100,000
  • An investment in an approved real estate development with a minimum value of USD 200,000

Time frame

Applications are processed by a citizenship-by-investment unit, a dedicated government authority within the Ministry of Finance that is responsible for the management of the program. Processing times for applications is currently three months from the receipt of a fully completed application.

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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.