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Dominica Citizenship by Investment Benefits

Citizenship by Investment

Dominica Citizenship by Investment Benefits

The Dominica Citizenship by Investment Program offers straightforward and uncomplicated investment plans for acquiring Dominica citizenship. The process typically takes 4-6 months and doesn’t require any landing or residency. One of the program’s key advantages is visa-free access to 140+ countries, including the European Union and China. Moreover, there are no personal or worldwide income taxes. The program allows for dual citizenship, and this extends to dependent children aged 18-30 who are either enrolled in college or university. Additionally, the program covers the dependent parents or grandparents of the main applicant, as well as the spouse of the main applicant above the age of 65. Furthermore, we streamline the entire process, reducing the number of documents that need to be submitted.

Why choose Dominica citizenship?

  • Visa-free access to 140+ countries
  • Inclusive family application process
  • Quick citizenship acquisition (4-6 months)
  • Tax benefits (no income, capital gains, or inheritance taxes)
  • Stable political climate
  • Real estate investment opportunities
  • Global business and investment options
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Processing Time

4-6 months

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Contribution

1000

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Visa-Free Travel Within

160+ countries

Antigua and Barbuda Investment Options

The Citizenship by Investment program of Antigua & Barbuda necessitates investors to make a contribution to the National Development Fund or engage in real estate projects or government-approved businesses. In exchange for their investment, they are granted citizenship and a passport.

$200,000

Real Estate Investment

Applicants for the Antigua & Barbuda citizenship by investment program have the option of making a joint investment in real estate through the purchase of shares in a company holding the asset. Two applications from related parties in the amount of a minimum of US$200,000 will be considered as qualifying investment.

$100,000

Contribution to NDF

The government has recently reduced the required contribution amount to only $100,000 USD (family of 4) and $125,000 USD (family of 5 or more).

Curated Links for Dominica citizens

Investment Opportunities

Dominica offers enticing investment opportunities, notably in the realm of real estate, providing avenues for property ownership and rental income potential. Additionally, the country opens doors to global business prospects and a wide array of international investment options, making it an attractive destination for those seeking to diversify their investments and secure a foothold in the Caribbean region

Education and Healthcare

In Dominica, education is primarily government-funded and compulsory for children aged 5 to 16. While facing challenges in terms of resources and infrastructure, efforts have been made to improve access to quality education, and Dominica State College serves as the main tertiary education institution. The government continues to invest in education to ensure the population’s skill development.

Healthcare in Dominica is a blend of the public and private sectors. The country offers free medical services to its citizens and residents through a national healthcare system. While the healthcare infrastructure is not as advanced as in larger countries, Dominica is making progress in expanding and improving healthcare services. There’s also an emphasis on preventive care and public health initiatives, along with a traditional herbal medicine practice that complements modern healthcare options.

Key Facts

Capital

Saint John’s

Languages

English (official)

Currency

East Caribbean dollar (XCD)

Population

94,298 Population 2023 estimate

Tax Benefits

Dominica offers a favorable tax environment with no personal income tax, capital gains tax, inheritance tax, or wealth tax. This, coupled with a low corporate income tax rate of 25%, makes it an attractive destination for both individuals and businesses. Additionally, the option of citizenship by investment provides a pathway to accessing these tax benefits for those looking to become citizens of Dominica. It’s important to stay updated on any changes in tax laws and consult with tax professionals for accurate guidance.

Political Stability

Dominica has maintained political stability as a parliamentary democracy since gaining independence in 1978. With regular elections and a multi-party system, the country has seen peaceful transitions of power between the Dominica Labour Party (DLP) and the United Workers’ Party (UWP). Despite occasional political disputes, Dominica’s political environment remains stable, with a focus on socio-economic development, particularly in tourism and infrastructure projects aimed at improving living standards.

How to Obtain Dominica Citizenship?

Citizenship Application Process

The Dominica Citizenship by Investment Program involves selecting an authorized agent, choosing between contributing to the Economic Diversification Fund or investing in approved real estate, preparing and submitting required documents, undergoing due diligence checks, government processing, taking an oath of allegiance, fulfilling investment commitments, and finally receiving a certificate of Dominican citizenship.

Investment Requirements

To qualify for Dominica citizenship by investment, you must make a non-refundable contribution of US$100,000 to the Economic Development Fund (EDF) or purchase approved real estate worth at least US$200,000.

Timeline and Costs

The processing time for Dominican citizenship applications is typically 4-6 months. Costs involve government fees, due diligence fees, and the chosen investment, with expenses varying depending on your selected investment route.

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    How Can MigrateWorld Assist You in Obtaining Dominica Citizenship?

    Migrate World will assist in your application for citizenship in Dominica. We provide expert advice throughout your journey, from choosing an investment option, preparing documents, submitting them, and meeting all legal requirements to being reviewed efficiently by our team of specialists. Migrate World makes this complicated process hassle-free while giving expert advice on how to achieve citizenship.

    Program Summary

    Learn more about the country and it's citizenship by investment.

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      FAQs

      Absolutely, Dominica permits dual citizenship, and its citizenship program offers an expedited route to obtaining a passport between 4 and 6 months.

      Yes, Dominica's passport is highly powerful, and it ranks 35 among the global passports.

      With a Dominican passport, you can enjoy visa-free access to over 140 countries.

      You can renew your Dominican passport through the passport office, consulate, or via Migrate World. To initiate the renewal process, you will need to complete an application form, provide the required documentation, and pay the renewal fee. Do not hesitate to contact us to know more about the passport renewal process.

      To establish residence in Europe, you typically require a passport or a residence permit issued by one of the European nations. Nevertheless, having a Dominican passport allows you to enter the Schengen Area without a visa, permitting you to stay as a tourist for up to 90 days within a 180-day period.

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