Commonwealth of Dominica – Citizenship by Investment Program
Commonwealth of Dominica Citizenship by Investment program offers an affordable option for people looking for a second citizenship. The program represents a great opportunity for people who are looking for a lifestyle change, who have concerns for the well being of their families in their current countries of residence or who are just seeking an alternative to their current citizenships.
Dominica passport holders enjoy visa free travel to Schengen countries in Europe as well as United Kingdom.
With the economic citizenship program, introduced first in 1993, the Government of Dominica wants to attract capital from people with good characters and financial abilities. In return for investors’ donations, the Government of Dominica grants citizenship to the investors. These funds are used to finance public and private projects in the country, which include hospitals, schools, sports stadiums, tourism facilities etc.
Some of the highlights of Dominica Economic Citizenship program are:
Effective from September 1st, 2012
There are two options; donation option and real estate investment
Package A: Single Applicant
A single applicant is the sole applicant for economic citizenship whether or not said applicant is single or married. Under this option the “Single” investor would be required to make non-refundable cash investment of US$100,000, which would be directed towards public sector financing.
Package B: Main Applicant and Spouse
Under this option the investor-applicant pays US$175,000, which qualifies the investor and the spouse for the economic citizenship.
Package C: Family Application up to 3 dependents
Under this option the investor-applicant pays US$200,000, which qualifies the investor, the spouse and two children under the age of 18 years old for the economic citizenship.
Package D: Family Application up to 4 dependents and more
Under this option the investor-applicant pays US$200,000, which qualifies the investor, the spouse and two children under the age of 18 years old for the economic citizenship. For each additional dependent, an extra US$ 50,000 per person should be added.
Other Applicable Fees
Real Estate Option
To qualify for citizenship of Dominica under the Real Estate option of the Dominica Citizenship by Investment program, the investor applicant must purchase an authorized real estate at the minimum value of USD 200,000.
Following approval of a real estate investment application, the Government Fees below are required: