Dominica Economic Citizenship

$100,000.00

Approval: 2-3 months
No Tax: No Overseas Income Tax, Capital Gains, Wealth or Inheritance Tax
Visa Free Travel: 137+ Destinations
Investment: Donation, Real Estate

Dominica Economic Citizenship

The Dominica citizenship by investment program was initiated in 1993 in order to stimulate economic growth on the island. Dominica economic citizenship offers two paths to citizenship for qualified applicants. The first option is the Economic Diversification Fund into which investors make a non-refundable contribution starting at $100,000 towards the development of Dominica. The second option allows investors to qualify by purchasing Dominica citizenship by investment real estate. The property must be approved by the Dominica government and priced at a minimum of US$200,000.

Economic Diversification Fund

To qualify for Dominica economic citizenship using this option, the applicant make a non refundable contribution to the Economic Diversification Fund (EDF). As a result, the Dominica government can use the proceeds to fund development initiatives on the island which focus on new schools, medical clinics, tourism, hurricane relief and infrastructure. Get a Customized Quote today!

 Program Requirements
EDF Contribution Amount
Contribution to EDF $100,000 single applicant
$150,000 married couple
$175,000 family of four (includes two dependents excluding siblings of main applicant or the spouse of main applicant or spouse of main applicant)
$50,000 sibling of the main applicant or spouse of the main applicant age 18-25
$25,000 any dependent other than the spouse of the main applicant or sibling of the main applicant or the spouse of the main applicant who is 18-25 years
Government Processing Fee $1,000 per application
Due Diligence Fees $7,500 main applicant
$4,000 spouse
$4,000 dependents 16 years and over
Certificate of Naturalization $250 per applicant
Passports $1,200 per applicant

Professional fees are required on all applications and will vary in relation to the number of dependents and the complexity of the application.


Dominica Citizenship by Investment Real Estate

In an effort to encourage development of the local tourism industry, the Dominica government has added the Dominica Citizenship by Investment real estate option. Purchasing CBI approved Dominica real estate priced $200,000 and above is a qualified investment for Dominica economic citizenship.

Furthermore, Dominica citizenship benefits include the right for investors to sell the property after a minimum 3-5 year holding period and still retain their Dominica passport. After 3 years investors can sell the property, however, after a 5 year holding period investors can sell to another applicant for Dominica economic citizenship. This significantly increases the pool of potential buyers.

Wise investors will choose their real estate investment from time tested developments in order to recoup their capital. Indeed, the best developers will have a proven track record.

Jungle Bay Eco Villas has been operating profitably for over 10 years and has been featured in over 200 publications globally including The Economist, Conde Nast Traveler and Forbes. Jungle Bay Eco Villas is a well established destination with European and US travelers. Additionally, the investor receives a 50/50 share of net profit from operations and freehold ownership of a 1200 square foot lot and villa.

Jungle Bay Eco Villas Development

Jungle Bay Eco Villas Development


Another excellent option is Cabrits Resort Kempinski, Dominica by Range Developments. The project was completed in December 2019 and it is completely sold out. However, some CBI qualified units have recently become available for resale on a first come, first serve basis. Additionally, the resale of a unit in Range’s real estate trust structure does not attract transfer taxes. Additionally, investors receive a 90% share of net profit from operations pro rata. Get a Customized Quote today!

Cabrits Resort Kempinski, Dominica

Cabrits Resort Kempinski, Dominica

 Program Requirements
Real Estate Costs
Investment Amount $200,000 minimum purchase
Government Processing Fee $1,000 per application
Government Fees $25,000 single applicant
$35,000 family of up to four persons (main applicant + 3 dependents, siblings excluded)
$50,000 family of up to six persons (main applicant + 5 dependents, siblings excluded)
$70,000 family of up to seven persons or more (main applicant + 6 dependents, siblings excluded)
$50,000 sibling of the main applicant or spouse of the main applicant age 18-25 years
$25,000 sibling of the main applicant or spouse of the main applicant under 18 years of age
Due Diligence $7,500 main applicant
$4,000 spouse
$4,000 dependents 16 years and over
Certificate of Naturalization $250 per participant
Passport $1,200 per each

Professional fees are required on all applications and will vary in relation to the number of dependents and the complexity of the application.


Dominica Citizenship Qualified Dependents

On July 9, 2020 seeking to enhance its competitive edge, the Dominica government announced a significant expansion of qualified dependents who can be included on an application for Dominica economic citizenship. The following parameters apply to dependent applicants under both the Economic Diversification Fund and real estate options.

  1. Children of the main applicant or spouse of main applicant <18 years of age.
  2. Adult children of the main applicant or the spouse or the main applicant age 18-30 can now be included if they are “substantially” supported by the main applicant or the spouse of the main applicant. Excludes requirement to be enrolled at an institution of higher learning or be living with main applicant/spouse.
  3. Children of the main applicant or spouse of the main applicant over 18 years of age who are physically or mentally challenged and “substantially” supported by the main applicant or spouse of main applicant.
  4. Parents and grandparents of the main applicant or spouse of main applicant who are “substantially” supported by main applicant or spouse of main applicant, or spouse of any such parent or grandparent.
  5. Biological or legally adopted siblings of the main applicant or spouse of the main applicant aged 18-25 years who are unmarried and without children and are “substantially” supported by the main applicant or spouse of the main applicant.
  6. Biological or legally adopted siblings of the main applicant or spouse of the main applicant under 18 years of age who are unmarried and without children and are “substantially” supported by the main applicant or spouse of the main applicant, and have permission to make an application for citizenship from all individuals with parental responsibility for that sibling.

Add On Dependents

  1. New spouses of successful applicants can now become citizens of Dominica after the applicant became a citizen of Dominica. For example, the new spouse of the son of the main applicant who is not already a citizen of Dominica can qualify for Dominica economic citizenship.
  2. Newborn or adopted children of any successful applicant.
  3. Any dependent who would have qualified at the time the original application for citizenship was made. An application for post-application additions of pre-existing dependents can only be made by the original main applicant.
Add On Dependent Requirements Investment Amount
Investment Amount $500 newborn or adopted children
$75,000 new spouse
$75,000 “add on” spouse*

$75,000 sibling of main applicant or spouse of main applicant age 18-25 years*
$50,000 dependent other than spouse or sibling of main applicant or spouse of main applicant age 18-25 years**
Government Processing Fee $1,000 per application
Due Diligence Fee $7,500 original applicant if submitted more than 1 year after submission of original application
$4,000 each dependent 16 years and over
Certificate of Naturalization Fee $250 per applicant

*Reduced to $50,000 for “Add On” dependent if application is submitted within one year of original application
**Reduced to $25,000 if application is submitted within one year of original application


Dominica Citizenship Benefits

  • Foreign Banking: It is increasingly difficult (sometimes impossible) to open a foreign bank account with a US passport. Indeed, compliance with FATCA regulations is strangling the global financial system. A second passport can provide a temporary solution, but FATCA reporting is still required. However, a second passport provides the option to renounce US citizenship.
  • Member of British Commonwealth: As a Commonwealth Citizen, successful applicants enjoy benefits including assistance at British Embassies and consulates in foreign non-Commonwealth countries where their own country does not have a diplomatic or consular post. Additionally, they can apply for British emergency passports if their passport has been lost or stolen. Also, the children of successful applicants receive preferential treatment inside the UK for student visas and also work visas.
  • Personal Safety: Your country of origin may enforce foreign policy that makes it dangerous for travelers in certain countries. As a result, there is a growing list of nationalities that may have good reason to do you harm. A second passport from a neutral country such as Dominica provides protection from retribution.
  • Business Opportunities: Unfortunately, the foreign policy and banking regulations of your country of origin may force you to bypass legitimate business opportunities. If you want to do business in Russia, China and the Middle East – a Dominica passport will protect your interests.
  • Privacy: The application is completely confidential.
  • Dominica Citizenship Cost: The Dominica citizenship by investment cost is among the lowest in the world. Additionally, it is a stable time tested option being established since 1993.
  • Dominica’s Legal System: Dominica’s legal system is based on English Common Law.
  • Constitutionally Legitimate: Dominica economic citizenship is a 100% legal second passport program that is fully authorized by Section 101 of the Dominica Constitution and Sections 8 and 20 (1) of The Citizenship Act.
  • No Residency Requirements: There is no requirement to ever visit the island or to reside there in order to retain citizenship.
  • Low Tax Liability: The Dominica government imposes no tax on personal or business income that originates from overseas, including capital gains tax, wealth taxes or inheritance tax.
  • No Mandatory Interview: This requirement has been waived and it is only required under exceptional circumstances.
  • Excellent Visa Free Travel: The Dominica passport visa free countries list is very competitive. As a result, Dominica economic citizenship recipients have visa free access to 137 countries including all of the EU, UK, Russia, Brazil, the Caribbean and Commonwealth countries plus Hong Kong, Singapore and much more.

Dominica Passport Visa Free Countries List

Andorra, Antigua and Barbuda, Argentina, Armenia [visa on arrival], Austria, Bahamas, Bahrain [E-visa], Barbados, Belarus, Belgium, Belize, Benin [E-visa, visa on arrival], Bolivia [visa on arrival], Bosnia and Herzegovina, Botswana, Brazil, Bulgaria, Cambodia [E-visa, visa on arrival], Cape Verde [visa on arrival], Columbia, Comoros [visa on arrival], Costa Rica, Cote de’Voire [visa on arrival], Croatia, Cuba, Cyprus, Czech Republic, Denmark, Djibouti [E-visa], Dominican Republic, Ecuador, Egypt [visa on arrival], Estonia, Eswatini (Swaziland), Ethiopia [E-visa], Fiji, Finland, France, Gabon [E-visa], Gambia, Georgia [E-visa], Germany, Greece, Grenada, Guinea-Bissau [visa on arrival], Guyana, Haiti, Hungary, Iceland, India [E-visa], Indonesia, Iran [visa on arrival], Ireland, Israel, Italy, Jamaica, Jordan [visa on arrival], Kenya, South Korea, Kyrgyzstan [E-visa], Laos [E-visa, visa on arrival], Latvia, Lesotho, Liechtenstein, Lithuania, Luxembourg, Madagascar [E-visa, Visa on arrival], Malawi, Malaysia, Maldives [visa on arrival], Malta, Mauritania [visa on arrival], Mauritius, Micronesia, Moldova, Monaco, Montenegro, Mozambique [visa on arrival], Nepal [visa on arrival], Netherlands, Nicaragua [visa on arrival], Norway, Pakistan [online visa], Palau [visa on arrival], Panama, Peru, Philippines, Poland, Portugal, Qatar [E-visa], Romania, Russia, Rwanda [E-visa, visa on arrival, St Kitts and Nevis, St Lucia, St Vincent & the Grenadines, Samoa [entry permit on arrival], San Marino, São Tomé and Príncipe [E-visa], Senegal [visa on arrival], Serbia, Seychelles [visitor’s permit on arrival], Sierra Leone [visa on arrival], Singapore, Slovakia, Slovenia, Solomon Islands [visitor’s permit on arrival], Somalia [visa on arrival], Spain, Sri Lanka [E-visa], Suriname, Sweden, Switzerland, Tajikistan [visa on arrival], Tanzania, Timor-Leste [visa on arrival, Togo [visa on arrival], Tonga [visa on arrival], Trinidad and Tobago, Turkey [E-visa], Tuvalu [visa on arrival], Uganda [visa on arrival], Ukraine, United Kingdom, Uruguay, Uzbekistan, Vanuatu, Vatican City, Venezuela, Zambia

RESTRICTED OR DISPUTED TERRITORIES

Kosovo, Northern Cyprus, Palestine, South Ossetia, Taiwan [E-visa], Transnistria

DEPENDENT OR AUTONOMOUS TERRITORIES

Anguilla, Akrotiri and Dhekelia, Aruba, Ascension Island [E-visa], Bermuda, British Virgin Islands, Caribbean Netherlands, Cayman Islands, Cook Islands, Curacao, Faroe Islands, French Guiana, French Polynesia, French West Indies, Gibraltar, Greenland, Hong Kong, Macau, Mayotte, New Caledonia, Niue, Montserrat, Pitcairn, Reunion, St Pierre and Miquelon, Sint Maarten, Turks and Caicos Islands, Wallis and Futuna


Cabrits Resort Kempinski, Dominica

Cabrits Resort Kempinski, Dominica takes its name from the adjacent Cabrits National Park. The resort is a luxury hotel featuring 160 rooms and suites with sea views and easy access to the natural wonders of Dominica. Indeed, the natural splendor of Dominica is world renown with over 1,200 varieties of plants, 365 rivers, boiling lakes, deep canyons and exotic wildlife found only on Dominica. 

The Cabrits Resort Kempinski, Dominica is the result of a three way partnership between Range Developments, Kempinski hotels and the Dominica government. This symbiotic partnership creates an excellent opportunity that combines the best developer of Caribbean economic citizenship real estate with the Kempinski brand of luxury. Cabrits Resort Kempinski, Dominica was completed in the Fall of 2019 and all 160 units were sold out. However, limited resale inventory has recently become available.

Cabrits Resort Kempinski, Dominica

Cabrits Resort Kempinski, Dominica

Cabrits Resort Kempinski, Dominica is approved by the Dominica government under the Dominica economic citizenship program. As a result, successful applicants can purchase a resale share in the resort for a minimum of US$220,000 and receive a Dominica passport. Additionally, the investor can sell their share at the end of the 3-5 year holding period and still retain Dominica economic citizenship for life. Shareholders in the resort receive 90% of the profit from operations pro rata and there is no transfer tax under Range’s real estate trust structure. Get a Customized Quote today!

Item Cost
Cost of Share $220,000
Government fees for main applicant, spouse and two dependents. $35,000
Due Diligence Fees** US $11,500 (US $7,500 for main applicant and US $4,000 for spouse)
Share Registration Fees $8,800
Government Processing Fees $1,000
Certificate of Naturalization, stamp fees $1,000 ($250 x 4)
Total Cost for Family of 4 $277,300

*Professional fees are required on all applications and will vary in relation to the number of dependents and the complexity of the application.
**Dependents above the age of 16 will be required to pay the due diligence fee of US $4,000

Cabrits Resort Kempinski

Cabrits Resort Kempinski, Main Pool

Jungle Bay Eco Villas

The Jungle Bay Eco Villas feature 120 units developed in harmony with the natural surroundings. Established since 2005, the Jungle Bay development has been profitable for over 10 years and has been featured in over 200 publications globally including The Economist, Forbes and Conde Nast Traveler. Indeed, the resort offers a compelling destination for US and European travelers who enjoy harmony with nature and a healthy lifestyle including the world famous sunrise yoga retreat.

Starting at $255,000 USD (inclusive of transfer taxes, all closing costs, and deed registration), the investor will receive freehold ownership of a 1200 square foot lot and villa. Jungle Bay is a qualified Dominica citizenship by investment real estate project and the purchaser (with dependents) will receive a Dominica passport upon successful completion of the application process. Investors have the opportunity to sell the property for a profit after three years and still retain their Dominica economic citizenship. Additionally, the owner can sell to another CBI applicant after five years. Jungle Bay Eco Villas also offers investors a generous 50/50 split of rental income net of all maintenance, management and marketing expenses.

Jungle Bay Villas

Jungle Bay Pool Terrace

Jungle Bay Eco Villas is a sound investment that gives the investor the opportunity to significantly increase the value of their citizenship compared to the government donation option. Indeed, the investment is significantly less especially if the main applicant includes their family. Plus, they have the opportunity to generate rental income on the property and sell it for a profit at the end of the holding period while still retaining their citizenship. Get a Customized Quote today!

Options Single Applicant Family of Four Family of Six
Government Donation $110,000 $218,300 $271,200
With Jungle Bay Villa $290,000 $308,300 $326,200
Effective Cost of Villa $180,000 $90,000 $55,000

(The price table above includes all government fees, real estate title registration and closing costs.)

Jungle Bay Villa Suite

Jungle Bay Eco Villa Interior

Economic Diversification Fund Approval Process

  1. First the applicant signs the iGlobal professional service agreement and submits a portion of the professional fees. In addition, the citizenship application forms are completed and supporting documents collected. The application package is checked by our legal team.
  2. The investor pays the due diligence, professional and the processing fees in full and the application package is submitted to the Dominica Citizenship by Investment Unit.
  3. Next, the period of due diligence background check starts to run and will usually take 60-90 days.
  4. The Dominica Citizenship by Investment Unit issues the letter of approval in principle and the investor then transfers the remaining investment funds and all remaining fees to the designated government account.
  5. The certificate of naturalization is submitted to the immigration department in addition to the supporting documents and the passport application.
  6. The passport is issued and delivered to the investor.

Dominica Real Estate Approval Process

  1. Applicant signs the iGlobal professional agreement and submits a portion of the professional fees. Additionally, they also sign the purchase and sale agreement with the developer and submit a 10% to 20% down payment. (Purchase can be made contingent on citizenship approval.)
  2. The application forms are completed and all of the supporting documents are gathered. The application forms are signed and the complete package is checked by our legal team.
  3. Investor pays processing, professional and due diligence fees in full.
  4. Next the period of due diligence background check starts to run and will usually take approximately 60-90 days.
  5. The Dominica government issues the letter of approval in principle and the investor then transfers the remaining investment funds to the real estate developer, plus all remaining fees to the designated government account.
  6. The certificate of naturalization is submitted to the immigration department in addition to the supporting documents and the passport application.
  7. The passport is issued and delivered to the investor.
 

Dominica Citizenship Application Documents

These application forms and supporting documents must be completed and submitted to the Dominica Citizenship by Investment Unit (CBIU) for approval. The list is generalized and it is not exhaustive. As such, the CBIU can request additional documents/verification at their discretion. After the application process is initiated, we are able to provide clarification with document format, duplicates, supplemental materials, number of certified photos et cetera.

APPLICATION PACKAGE FORMS

  1. Form 12 – Application for Naturalization as a citizen of Dominica, to be completed by all persons applying for citizenship.
  2. Form D1 – Disclosure form: to be completed by all applicants.
  3. Form D2 – Photographic and Fingerprint Verification Form: to be completed by all applicants.
  4. Form D3 – Medical Questionnaire: to be completed by all applicants.
  5. Form D4 – Investment Agreement: to be completed by the main applicant only.
  6. Purchase and Sales Agreement (Real Estate Option Only)

APPLICANT’S DOCUMENTS

  1. A letter of application for citizenship by investment addressed to the minister responsible for citizenship stating the reasons for applying.
  2. Two personal references (not professional references) for the investor, spouse and any child over 18 years. (we will provide formatting)
  3. One original professional reference for the applicant.
  4. One original recommendation from the investor’s banker (not bank statement).
  5. One original letter of employment for the investor.
  6. Bank statements for the last 12 months immediately preceding the submission of the application.
  7. Marriage Certificate (if applicable)
  8. Original Police Clearance Certificate or similar law enforcement document confirming no criminal history for all applicants 16 years and over.
  9. Four certified passport size photos.
  10. Original birth certificate for all applicants.
  11. Notarized copies of all University/College Diplomas.
  12. Completed medical check up for all applicants.
  13. Non-refundable due diligence and processing fees.
  14. Detailed resume/business background report for all applicants who are working adults.
  15. Official transcripts or signed letter from competent authority confirming enrollment (if enrolled) at an institution of higher learning for dependents age 18-30. (still required irrespective of the July 9, 2020 program updates concerning dependents)
  16. Any other document deemed necessary by the minister.

REAL ESTATE OPTION: Copy of Duly Executed Real Estate Contract / Purchase and Sales Agreement, Copy of Duly Executed Escrow Agreement, Deed of Conveyance / Certificate of Title (if closing completed), Confirmation of deposit of all funds to escrow account

OTHER DOCUMENTS

  • Professional service agreement between applicant and iGlobal.

 


Dominica Citizenship Program Restrictions

Dominica economic citizenship does not preclude any nationalities from applying. However, nationals from the following countries will be treated on a case by case basis:

  • Afghanistan
  • Chechnya
  • Iraq
  • Pakistan
  • São Tomé and Príncipe
  • Saudi Arabia
  • Somalia
  • Turkmenistan
  • Uzbekistan
  • Yemen

However, nationals from the following countries:

  • Iran
  • North Korea
  • Sudan

Will only be considered if such persons

  1. have not lived in these countries for the last 10 years
  2. have no substantial assets there and
  3. are not performing and have not performed any business or similar activity, in whole or in part in or with these countries.

 


Dominica Local Facts

  • Capital City of Dominica: Roseau
  • Island Population: 72,000 (2014)
  • Total Size: 750 sq kilometers/290 sq miles
  • Gross Domestic Product: Approx. $516 Million
  • Spoken Language: English is the official language plus French Creole is also spoken
  • Government: Unitary Parliamentary Republic
  • Currency: East Caribbean Dollar

Location of Dominica

Geographically speaking, the Commonwealth of Dominica is located in the Lesser Antilles Island chain in the Caribbean Sea. Dominica serves as the exact mid point between the Windward Antilles (south of Dominica) and the Leeward Antilles.

dominica area map

Dominica the “Nature Island”

  • Rain Forests: The tropical rain forests provide a lush green foliage that is the envy of all nature enthusiasts. Many plants which are believed to be extinct on neighboring islands can still be found here! Also known as the “Nature Island”, Dominica has over 40 hiking trails and 360 fresh water rivers.
  • Unique Wildlife: Dominica has its own resident population of Sperm Whales and is the only known habitat of the sisserou parrot. Furthermore, four of the world’s seven species of sea turtle regularly visit Dominica.
  • Geothermal Hot Springs: There are many hot springs including the 2nd largest hot spring in the world “Boiling Lake”.
Dominica wildlife

Leatherback Turtle

Dominica Rainforest Waterfalls

Beautiful waterfalls and rain forests on the island of Dominica.