Dominica is one of the most lush, natural, beautiful islands in all of the Caribbean, and also one of its most visited. It has a high standard of living, easy access to the US by plane, and a diverse culture that has its roots in French and British colonialism, as well as native and Afro-Caribbean peoples. Dominica is officially a French Commonwealth and is famous for having the lowest crime in the region. The government and economy are stable, making it an ideal target for citizenship by investment.
Here’s why you should choose Dominica for your citizenship by investments
Dominica has no physical residency requirements in order to qualify. Within your application, you can include any dependent children under 30 years old. You can also include any dependent parent or grandparent, so long as they are over 55 years old. There is no managerial experience nor educational title required to receive your citizenship. Once you’ve received your citizenship by investment from Dominica, you can travel visa-free to over 125 countries, including the EU Schengen zone and UK. As a citizen, even if you are a non-resident, you will not pay extra taxes.
How to qualify for citizenship by investment in Dominica
To qualify, you’ll need to fulfill all of the following criteria:
- Show that you are a person of outstanding character
- Prove that you have no criminal record.
- Provide a certificate of excellent health.
- Prove that you have a basic knowledge of the English language.
Your investment options in Dominica
1. Donation to the Government Fund
- Single Applicant: A single applicant must make a non-refundable donation of at least $100,000 to the country’s official Government Fund.
- Family Applicant #1: This applies to an applicant and their spouse making a joint contribution. This donation must be at least $175,000 when filed jointly, and qualifies both parties.
- Family Applicant #2: This applies to an applicant and up to three qualified dependents. The contribution must be $200,000 for this to qualify, with an additional $25,000 donation needed for each dependent over the first three.
2. Investing in Real Estate
Anyone who purchases property valued at a minimum of $200,000 can qualify for citizenship by investment in Dominica. This property (or these properties) must be in government-approved development sites, and must be maintained for a minimum of three years. If in five years, the property is maintained and resold, it can count towards the next applicant as well.
You may be disqualified from this process if you are a national of any of the following countries: Yemen, Iraq, Chechnya, North Korea, Uzbekistan, Pakistan, Saudi Arabia, Sao Tome Principe, Sudan, Somalia, or Turkmenistan. These disqualifications can be lifted if you prove you have been a legal resident outside of these countries for at least 10 years, and that your investment funds don’t originate from there.