It is an alluring country in the Caribbean, which provided the Dominica Economic Citizenship Program in 1993. The Dominica Citizenship by Investment (CBI) program offers applicants the opportunity to get a Dominica passport through financial contributions to the nation's economy.

To be eligible for Dominica citizenship, applicants must contribute at least $200,000 to a government fund or invest a minimum of $200,000 in real estate. 

The real estate investment route allows for the potential recovery. The Citizenship by Investment (CBI) program has gained significant popularity among investors since its launch and thousands of individuals obtained Dominica passports.

The investor is also allowed to invite family members, including a spouse, children, parents, and grandparents, into the citizenship application.

Benefits of Dominica Investment Visa

The top advantages of the Dominica Investment Visa are as follows:-

  • Travel and Business Opportunities in Asia :- If you become a Dominican citizen, you can enjoy the privilege of traveling to over 140 countries without the need for a visa. This includes access to Schengen Area nations, as well as China, Hong Kong, and Singapore.
  • Ten-Year Visa for the United States :- You are eligible for a ten-year B‑1/B‑2 visa for the United States. This visa permits a stay of up to 180 days per year for purposes such as attending business meetings, traveling, or receiving medical treatment at any U.S. healthcare facility. 
  • International Safety :- You can travel abroad without visa requirements, providing a vital option in the event of political upheaval or a deteriorating health crisis in your country of residence.
  • Tax Advantages :- Dominica imposes no taxes on wealth, gifts, capital gains, or inheritance. Non-tax residents are only liable for taxes on income earned within Dominica.
  • Streamlined Passport Process :- The process of obtaining citizenship in Dominica can be completed within a few months and is conducted entirely online. Applicants are not required to visit the country at any stage, nor are they subjected to language or history examinations. 
  • Dual Citizenship Permitted :- You are allowed dual citizenship, meaning you are not required to relinquish your existing citizenship.
  • Add Family Members In Citizenship :- Investors have the option to include their spouses, children under the age of 30, as well as parents and grandparents in their citizenship application.
  • Affordable Investment Requirement :- The economic citizenship program in Dominica requires a minimum investment of $200,000, which is the lowest in the Caribbean.

Who can get Dominica citizenship?

No one can obtain the Dominica investment visa, it is crucial to understand who can obtain it:-

  • Investor
  • Spouse
  • Minors under the age of 18
  • Young adults aged 18 to 30
  • Daughters below the age of 25
  • Parents and grandparents.

Requirements for Dominica Investment Visa

The eligibility criteria to get Dominica citizenship by investment are mentioned below:-

  • The age must be at least 21 years of age. 
  • You should possess a clean criminal record. 
  • All necessary indentures must be submitted in English. 
  • A letter of application for economic citizenship, directed to the Minister in charge of Citizenship, is required. 
  • A qualifying donation or investment must be made. 
  • The application is to be submitted via an agent authorized by the government.

Investment Option 

Citizenship through Financial Contribution 

You may obtain citizenship by making a specified minimum financial donation to the government.

  • USD 200,000 for an individual applicant 
  • USD 250,000 for families consisting of up to four members 
  • USD 25,000 for each additional applicant under the age of 18 
  •  USD 40,000 for each additional applicant aged 18 or older 

Citizenship through Real Estate Investment 

To qualify, you must invest a minimum of USD 200,000 in a government-sanctioned real estate project, which must be maintained for a period of five years. Additionally, the following government fees apply:

  • USD 75,000 for an individual applicant 
  • USD 100,000 for families of up to four members 
  • USD 25,000 for each additional applicant under the age of 18 
  • USD 40,000 for each additional applicant aged 18 or older 

Documents List for the Dominica Citizenship by Investment Program 

  • Professional reference 
  • Employment Verification or business activity 
  • Letter of recommendation from an authorized financial institution 
  • Letter of recommendation from relevant educational establishments for each child 
  • Birth certificate 
  • Police Clearance Certificate
  • Documentation of marriage and divorce 
  • Medical certificate 
  • Evidence of payment of all required fees 
  • Documentation of the source of funds 
  • Proof of educational qualifications.

 The application process for Dominica Investment Visa

  • Initial Due Diligence :- Immigrant investment lawyers conduct a comprehensive background check to reduce the risk of application rejection.
  • Gather documents :- Collect all the documents and financial records that are mentioned in the list. Fill out the form and attach the documents to submit the application.
  • Due Diligence and application process :- In this step, Due Diligence begins the processing when CBI recieve the documents. Your and your family's information was checked for compliance with the program team. All the members over 16 years old must go through the interview.
  • Approval :- Once you get the approval, make sure to fulfill the investment condition.
  • Obtain a passport :- Once you have made the investment, you can receive the passport within 4 months.

Conclusion

Dominica Investment Program is an excellent program that allows individuals to work and invest in the country to enhance economic development and gain full-time citizenship.

If you are not sure about this Caribbean program, then we are the right option for you. Go-Global Immigration Services (GGIMS) is here to assist you invest in Dominica with in-depth knowledge about the investment options and the right expertise.