DOMINICA CITIZENSHIP BY INVESTMENT PROGRAM
Officially the Commonwealth of Dominica, it is an island country in the West Indies and is a part of the Windward Islands in the Lesser Antilles archipelago in the Caribbean Sea. The island is located near Guadeloupe to the northwest and Martinique to the south-southeast. The country offers one of the most economical and flexible second passport programmes in the world.
DOMINICA – QUICK FACTS
- Capital: Roseau
- Passport Rank: 37
- Population: 71982
- Language: English
DOMINICA CITIZENSHIP BY INVESTMENT PROGRAM
Dominica Citizenship by Investment Program, which was started by the Dominican Government in the year 1993, is one of the best & affordable economic citizenship programs which aim to improve the Dominican economy and the standards of its applicants.
INVESTMENT OPTIONS
Commonwealth of Dominica offers Citizenships to foreign nationals under 2 main investment schemes.
OPTION 1: ECONOMIC DIVERSIFICATION FUNDS (NON -REFUNDABLE)
Non refundable contribution (Economic Diversification Funds)
Applicant can obtain life time citizenship by donating below mentioned amount in Economic Diversification Funds.
| Family Size | Contribution
(Non refundable) |
Application and Passport Fee | Due Diligence |
|---|---|---|---|
| Single Applicant | $ 100,000 | Application Fee: $1000
Passport Fee: $750
|
Main applicant: $7,500 |
| Main Applicant + Spouse | $ 175,000 | Application Fee: $1000
Passport Fee: $750 each
|
Main applicant: $7,500
Spouse: $4,000 |
| Main Applicant + Spouse + 2 Dependents | $ 200,000 | Application Fee: $1000
Passport Fee: $750
|
Main applicant: $7,500
Spouse: $4,000 Dependents over 16 yrs: $4,000 |
| Main Applicant + Spouse+ more than 2 Dependents | $ 200,000
(Plus Additional $25,000 for each dependent irrespective of age) |
Application Fee: $1000
Passport Fee: $750
|
Main applicant: $7,500
Spouse: $4,000 Dependents over 16 yrs: $4,000 |
OPTION 2: REAL ESTATE INVESTMENT
Real Estate Investment ($200,000 investment in govt. approved projects)
The applicant is required to purchase $ 200,000 shares in a govt. approved project. Shares can be sold after 5 years. During the holding period applicant can also earn return on investment without any ongoing project cost.
| Family Size | Investment | Due Diligence | Government Fees | Application & passport fee |
|---|---|---|---|---|
| Single Applicant | $200,000
(5 yrs Holding Period) |
Main applicant: $7,500 | $ 25,000 | Application Fee: $1000
Passport Fee: $750 |
| Main Applicant + Spouse | $200,000
(5 yrs Holding Period) |
Main applicant: $7,500
Spouse: $4,000 |
$ 35,000
|
Application Fee: $1000
Passport Fee: $750 each |
| Main Applicant + Spouse + 2 Dependents | $200,000
(5 yrs Holding Period) |
Main applicant: $7,500
Spouse: $4,000 Dependents over 16 yrs: $4,000 |
$ 35,000
|
Application Fee: $1000
Passport Fee: $750 each |
| Main Applicant + Spouse+ more than 2 Dependents | $200,000
(5 yrs Holding Period) |
Main applicant: $7,500
Spouse: $4,000 Dependents over 16 yrs: $4,000 |
Family of 6: $50,000
Family of 7 & Above: $70,000 |
Application Fee: $1000
Passport Fee: $750 each |
** Legal and Professional fee applicable
BENEFITS OF INVESTING UNDER DOMINICA CITIZENSHIP BY INVESTMENT PROGRAM
As a citizen of Dominica, you can partake in a wealth of opportunities and experiences, including:
- Global mobility, including visa-free travel to over 125 countries and territories including the European Union and the United Kingdom
- Minimal taxation – no wealth, gift, inheritance, foreign income, or capital gains tax
- Dual Citizenship is allowed, no need to denounce original nationality
- Citizenship can be passed to future generation by Decent
- Dependent children up to 28, as well as dependent parents and grandparents over the age of 55 can be included in the application.
WWICS: THE MOST PREFERRED CHOICE FOR THOSE SEEKING TO OBTAIN CITIZENSHIP OF DOMINICA
STEP 1: The Client will sign the official Contract with WWICS. Initial Payment needs to be paid at this step.
STEP 2: A preliminary check on Applicant’s profile is processed and an initial Due Diligence Report is provided along with a checklist of necessary documents and application forms.
STEP 3: Client needs to complete the Application forms with the assistance of WWICS. The second payment according to the issued invoice needs to be paid at this step.
STEP 4: Once the forms are completed, the Client’s File will be submitted to the Citizenship by Investment Unit (CIU) for approval.
STEP 5: After submission, we wait to receive the “Approved in Principal” Letter from the Citizenship by Investment Unit.
STEP 6: Once we receive the Approval letter, the Client needs to make the final payment as per the invoice issued.
STEP 7: In case of Real Estate Investment, the Client will receive “Certificate of Naturalization” and “Share Certificate”
STEP 8: Passport Applications will be submitted after the Approvals and Certificates and the Passport will then be issued.
