Introduced in 1993 by the Government, the Commonwealth of Dominica citizenship by investment program is one of the longest-running programs in the world. As an applicant, you must be at least 18 years of age, of good health and without a criminal record. Additionally, you are required to make a non-refundable donation to the Economic Diversification Fund of Dominica or make an investment in government-approved real estate projects. Usually take about 3 – 4 months to get passport.
Program:
Introduced in 1993 by the Government, the Commonwealth of Dominica citizenship by investment program is one of the longest-running programs in the world. As an applicant, you must be at least 18 years of age, of good health and without a criminal record. Additionally, you are required to make a non-refundable donation to the Economic Diversification Fund of Dominica or make an investment in government-approved real estate projects. Usually take about 3 – 4 months to get passport.
Requirements:
1. Main Applicant:
– Over 18 years old
– Good health
– No criminal record
– Successfully pass due diligence checks
– Receive approval by the Government
– Confirmed investment sources
2: Eligible Dependents:
– Spouse of the main applicant
– Adult children (biological or adopted) under 30 years of age, must be attending an institution of higher learning
– An unmarried daughter of the main applicant or spouse, who is under 25 years old and who is living with and fully supported by the main applicant or spouse
– Parents above 65 years of age
*Parents and children older than 18 must be dependent on the main applicant.
Process:
1. Book your free consultation with Plan B migration of experts to discuss and decide which program and investment route is best suited to you and your family. Our experienced consultants will provide you with a personalized quotation which will cover all applicable fees. They will advise and guide you through the entire process in detail.
2. For your peace of mind, before you commit Plan B migration will run a pre-application background check to ensure your application is likely to be successful. Once this has been completed and you are happy to proceed, you can formally initiate the process by signing our Client Facilitator agreement and paying the pre-application deposit.
3. Plan B migration in-house processing team will work closely with you to prepare your application. Once your file has been fully compiled our team will submit your application to Dominica’s Citizenship by Investment Unit. Government fees will be required at this stage. From this point applications take an average of 60-90 days to be processed.
4. Following the Dominica Citizenship Unit’s comprehensive due diligence checks and analysis of your application, an approval letter from the government will be issued and you will then be required to make the final payment. The passport will be issued within approximately one month and sent to you by secure and recorded delivery.
Benefits:
– Visa Free access to 140+ countries
– No personal or worldwide income tax
– Dual citizenship permitted
– No physical residency requirements
Cost:
1. Contribution to the Commonwealth of Dominica
The minimum investment by an applicant for the Dominica citizenship by investment program is just $100,000 USD. Funds are directed toward building schools, renovating hospitals, and/or promoting the offshore sector, including developing tourism, the agricultural industry, and/or the information technology industry.
2. Real Estate Investment
Applicants for the Dominica citizenship by investment program can invest in Real Estate starting at $200,000 USD. The investment must be held for at least five years and can then be sold to anyone including another citizenship applicant.