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 Economic Diversification Fund allows investors make a non-refundable contribution starting at $100,000 towards the development of Dominica.
- Investors can also qualify by purchasing qualified Dominica real estate priced at a minimum of US$200,000. The Dominica government allows investors to sell the property after a five year holding period to a new CBI applicant while retaining Dominica citizenship in perpetuity.
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.
Cabrits Resort Kempinski, Dominica is an excellent option 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.
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.
Dominica Citizenship by Investment Real Estate
In an effort to encourage development of the local tourism industry, the Dominica government has included 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.
|Real Estate 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 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.
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.
| EDF 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 their spouse and the 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 dependents 16 years and over
|Certificate of Naturalization||$250 per applicant
|Passports||$1,200 per applicant
Professional fees are required on all EDF applications and will vary in relation to the number of dependents and the complexity of the application.
Dominica Visa Free Destinations
*Includes E-Visa, Visa on Arrival
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 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.
- Children of the main applicant or spouse of main applicant <18 years of age.
- 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.
- 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.
- 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.
- 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.
- 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
- 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.
- Newborn or adopted children of any successful applicant.
- 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 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:
- São Tomé and Príncipe
- Saudi Arabia
However, nationals from the following countries:
- North Korea
Will only be considered if such persons
- have not lived in these countries for the last 10 years
- have no substantial assets there and
- are not performing and have not performed any business or similar activity, in whole or in part in or with these countries.