Citizenship by Investment

Overview of Dominica’s Citizenship By Investment Program

In 1993, the government of Dominica launched an initiative that allowed individuals to obtain Dominican citizenship through investment. The aim of this program is to enhance foreign economic participation to promote the country’s infrastructure development, support the local workforce by creating new job opportunities, and achieve sustainable economic growth and prosperity. Under this program, foreign investors are entitled to permanent legal citizenship and a secondary passport in a period ranging from 4 to 6 months, making it the fastest citizenship program in the Caribbean region.

How to obtain Dominica Citizenship through Investment

The Dominica program offers two investment routes:

  • A contribution to the Economic Diversification Fund

The Economic Diversification Fund (EFD) is a government fund established by the Commonwealth of Dominica to finance various development projects that contribute to the country’s overall growth and diversification. So, by contributing to the EDF, individuals can qualify for Dominica citizenship.

The minimum investment amount for the EDF option starts at $100,000. Please note that the contribution is non-refundable.

 Contributions to the EDF are scaled as follows:

  • $100,000 – Single applicant
  • $150,000 – Main applicant and spouse
  • $175,000 – Main applicant up to three dependents
  • $25,000 – Additional dependent under the age of 18
  • $50,000 – Additional dependent 18 years of age and older
  • A real estate investment

Investing in approved real estate projects is an alternative option within the Dominica citizenship program that allows individuals to obtain citizenship by making a qualifying investment in designated real estate developments. Pay attention that the investment must be held for 3 years from the date citizenship is granted, or if the future purchaser is also granted citizenship by the investment applicant, 5 years from the date citizenship is granted. The minimum real estate purchase is $200,000.

The following government fee will apply:

  • $25,000 – Single Applicant
  • $435,000 – Family of up to 4 persons including the main applicant and up to 3 dependents
  • $50,000$ – Family up to 6 persons, including the main applicant and up to 5 dependents
  • $25,000 – Any additional qualified dependent.

NOTE: Additional charges apply, and all fees are subject to change at any time without notice. 

Curated Links for Dominica citizens

Mandatory Interviews

Starting from 17th July 2023, mandatory interviews will be conducted for all applicants aged sixteen (16) and over. Non-Iranian applicants must pay a USD 1,000.00 interview fee per interview. These interviews will be held virtually through a secure platform, and applicants will be contacted by authorized interviewers for scheduling. Applicants and their dependents are expected to attend interviews, and agents/promoters are not allowed. Applicants must have their identification and supporting documents ready. Interviews can be conducted in the applicant’s native language. If an applicant cannot join their family for the interview, additional fees will apply, and requested documents will be routed via the Authorized Agent.

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Processing Time

4-6 months

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Contribution OR Real Estate

$ 100,000 USD

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Visa-Free Access To

130+ countries

Dominica Investment Options

In exchange for a modest investment, the Commonwealth of Dominica offers citizenship to those who are seeking a second passport. The well regulated Dominica Economic Citizenship Program has been running since 1993, and is a significant revenue generator for local projects and programs.

$100,000

Contribution to the Commonwealth of Dominica

A mere $100,000 USD is the minimum investment required from individuals applying for the Dominica citizenship by investment program. These funds are allocated towards various beneficial causes such as constructing educational institutions, refurbishing healthcare facilities, and stimulating the offshore sector. This includes initiatives to enhance tourism, advance the agricultural industry, and foster the growth of the information technology sector.

$200,000

Real Estate Investment

Applicants to the Dominica citizenship by investment program can invest in Real Estate with a minimum of $200,000 USD, which must be held for at least five years and can then be sold to any potential buyer, including other citizenship applicants.

Why Choose Dominica?

  • Visa-Free Travel: Citizens of Dominica can travel visa-free to over 140 countries (EU and China).
  • No Residency Requirement: Dominica does not impose residency requirements on its citizens, meaning you can gain citizenship while still living and working in your current location. This makes Dominica citizenship an attractive option for people looking for benefits of citizenship without giving up current lifestyle decisions.
  • Investment Opportunities in Dominica’s Stable and Growing Economy: With its growing economy and robust tourism sector, Dominica provides an ideal destination for investors who seek second citizenship status.
  • Beautiful Nature: Dominica is famed for its beautiful natural environment, from lush rainforests and towering mountains to white-sand beaches and turquoise sea. For outdoor enthusiasts looking to live somewhere scenic and unspoiled, it can be an ideal location.
  • Friendly People: Dominicans are well known for being warm and inviting people, which makes the country an excellent place to reside if you want a welcoming community.

Cost of living in Dominica

Dominica offers relatively affordable living costs compared to other countries worldwide. It costs 1.39 times more than the global average; however, the cost of living can differ depending on lifestyle and location.

 

Housing

Housing in Dominica is relatively affordable. A one-bedroom apartment can be found for around $500 per month in Roseau, the capital city.

Food

Dominica’s cost of food is extremely reasonable; dining out for lunch will only set you back $10 while cooking at home can often save even more.

Transportation

Transportation in Dominica is also extremely reasonable. Taxis cost roughly $5 per ride and renting a car costs $50 a day – these options should cover most transportation needs for visitors.

Utilities

Utilities in Dominica is relatively affordable; expect to pay around $100 monthly for electricity, water, and garbage collection services.

Healthcare

Healthcare in Dominica is relatively affordable; you can visit a doctor for around $20 or have a prescription filled for around $10.

Overall, Dominica offers relatively reasonable living costs. Most residents can survive comfortably on a monthly budget of approximately $2,000 USD. Of course, costs may differ depending on lifestyle and location preferences.

Key Facts

Capital

Roseau

Languages

English (official) | French patois

Currency

East Caribbean dollar (XCD), Tied to USD

Population

73,040 (2023 Estimate)

What are the eligibility criteria to apply for Dominica Citizenship?

  • Minimum networth $100,000 USD 
  • No criminal record 
  • Age 18 years old and above 
  • No deportation/ visa refusal 

Dominica Citizenship By Investment Required Documents

  • Updated CV for the main applicant: The main applicant must provide a detailed and up-to-date curriculum vitae (CV) outlining their educational background, work experience, and professional achievements.
  • Signed client agreement: The applicant needs to sign a client agreement, which is a legal document that establishes the relationship between the applicant and the authorized agent handling their citizenship application.
  • Employment confirmation letter if the main applicant is an employee
  • Character reference letter: A character reference letter is required to demonstrate the applicant’s good character, reputation, and conduct. The letter should be written by a reputable individual who has known the applicant personally or professionally.
  • 12-month bank statement and bank reference letter: The applicant needs to provide a 12-month bank statement as well as a bank reference letter from their financial institution. These documents serve to confirm the financial stability of the applicant
  • HIV, blood, and urine tests for all family members: All family members included in the application, including the main applicant, spouse, and dependents, must undergo HIV, blood, and urine tests. These tests are conducted to ensure the applicants’ health and well-being.
  • Signed power of attorney: A signed power of attorney is required, authorizing the authorized agent to act on behalf of the applicant during the citizenship application process.
  • Sworn affidavit of no criminal record by parents for children between 12 and 15 years old.
  • Draft of application: The applicant must prepare a draft of the citizenship application, which includes all the necessary forms, documents, and supporting materials.
  • Signed affidavit of financial support for children between 18 and 30 years old: If the applicant has children between the ages of 18 and 30, they must provide a signed affidavit of financial support, demonstrating their commitment to financially support their adult children.
  • Police certificates: The main applicant, spouse, dependents, and dependent children aged 16 and above must provide police certificates from the country of birth, citizenship, and any country where they have resided for more than 6 months in a year over the past 10 years. These certificates confirm that the applicants have no criminal record.

In addition to the above requirements, certified copies of various documents are also necessary:

  • Marriage certificate: If applicable, a certified copy of the marriage certificate is required to verify the marital status of the applicant.
  • Divorce documents: If the applicant has been previously divorced, they need to provide certified copies of divorce documents as evidence of the dissolution of their previous marriage(s).
  • Driving license: If the applicant holds a valid driving license, they must provide a certified copy of it.
  • Personal ID or national ID for all family members: Certified copies of personal identification documents or national ID cards are required for all family members included in the application.
  • Education certificate for the main applicant, spouse, and dependent with a university degree: The main applicant, spouse, and any dependents with a university degree must provide certified copies of their education certificates to confirm their educational qualifications.
  • Birth certificate for all family members: Certified copies of birth certificates are required for all family members included in the application.
  • Colored passport copies for all family members: Applicants must provide colored copies of the passport biodata pages for all family members.
  • Business registration/license and memorandum of association: If the main applicant owns a business, they must provide the business registration/license and memorandum of association issued by the local government, confirming the legal registration of the business.

How Many Dependents Can be Included in a Single Application?

No limit exists on the number of dependents who can be included with a single application for Dominica citizenship through investment. Dependents include:

  • Spouse: For applicants, their spouse must be legally married, regardless of gender or sexuality.
  • Dependent Children:  Aged between 18 and 30 years old (enrolled in college or University). 
  • Parents and Grandparents : Parents and grandparents of the main applicant or the spouse of the main applicant above the age of 65 years 

Starting investment for Antigua & Barbuda Citizenship is $ 100,000

Starting investment for Dominica Citizenship is $ 100,000

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    Step by Step procedures and time frame for obtaining Dominica Citizenship by Investment Program

    • Initial Consultation

    The first step is a complimentary consultation with us, where we explain all the different options available.

    • Preliminary Security Check

    Migrate World performs a preliminary security check before officially making any agreement as a guarantee that the applicant’s record is clean from any case in which the Citizenship by Investment Unit might reject his/her application for

    • Agreement and Fees

    Fees include legal, due diligence, government, and application processing files

    • Choose Property (Real Estate Option)

    Once the property has been chosen, the developer is notified to prepare a purchase and sale agreement.

    • Collect Documents and Submit File

     We will help obtain/translate and authenticate all necessary documents. A file is then prepared and submitted to the Citizenship by Investment Unit (CBIU), which usually takes approximately 10 business days from the date the file is prepared.

    • Wait for Approval

    Approximately 4-6 months

    • Extra Documents

    The Citizenship By Investment Unit (CBIU) may request additional documents or information.

    • Approval

    Once approval has been granted, the applicant must complete all payments to obtain citizenship certificates within 60 days.

    • Passport

    After receiving the naturalization certificate, the process of Issuing passports takes approximately 2 to 4 weeks.

    NOTE: The timeline is an estimate only, processing time depends on the complexity of each file

    How do I avoid mistakes when applying for a Dominican passport?

    When embarking on the journey to obtain a Dominican passport, entrusting your application to a reputable migration agency like Migrate World can be the strategic advantage you need. Our seasoned experts are well-versed in the intricate details of the application process, ensuring meticulous adherence to the country’s stringent requirements. With a track record of successful outcomes, Migrate World offers personalized assistance, saving you valuable time and minimizing the risk of errors that could delay or hinder your application. As your dedicated partner, we not only simplify the complexities but also provide you with up-to-date insights, empowering you to make informed decisions. Your aspiration for a Dominican passport is our mission, and with Migrate World by your side, you can confidently navigate this transformative journey.

    What is the passport renewal process, and how will Migrateworld help me?

    Clients have the option to renew their passports through Migrate World or directly through the embassy or consulate . When a client chooses to renew their passport through Migrate World, they can reach out to us to receive all the necessary documents. Our dedicated team will guide and assist them in completing the required documentation, including signing the forms required, which will be sent and prepared by Migrate World. Following this, we will promptly submit the application to the Dominican Republic. On the other hand, if clients prefer to renew their passports through the embassy or  consulate , they should adhere to the embassy’s/consulate’s specific renewal procedures and criteria.

    Program Summary

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

      Benefits of Dominica’s Citizenship By Investment Program

      • Straightforward, simple investment plans
      • Processing time 4-6 months
      • No landing or residency required
      • Visa Free access to 140+ countries (EU and China)
      • No personal or worldwide income tax
      • Dual citizenship permitted
      • Inclusion of dependent children 18-30 years old (enrolled in College or University)
      • Inclusion of dependent parents or grandparents of the main applicant or the spouse of the main applicant above the age of 65 years
      • Limited number of documents to be submitted

      How can the Migrate World Help You?

      Migrate World team offers essential support to clients pursuing  Dominica citizenship by investment program. With expert guidance, personalized solutions, and thorough assistance in documentation, investment choices, application, due diligence, and post-approval steps, Migrate World ensures a smooth and successful journey toward obtaining Dominica citizenship. Clients benefit from their expertise, minimizing complexities and maximizing the likelihood of a favorable outcome.

      Comparing Citizenship by Investment Countries

      Does Dominica provide a Golden Visa?

      No, Dominica does not provide a Golden Visa. 

      Schedule a meeting with us 

      Frequently Asked Questions

      Yes, Dominica recognizes dual citizenship. Through the Dominica Economic Citizenship Program (also known as the Dominica Golden Visa), you can retain your current citizenship while also obtaining Dominican nationality.

      Dominica does not conduct citizenship interviews or administer language exams. Dominica does not require applicants to undergo a language competence test as part of the citizenship process. The country does not conduct citizenship interviews or administer language exams.

      If investors decide to buy real estate as part of the Dominica CBI program, they have the opportunity to recoup part of their investment. Specifically, they can sell their share in the property after a minimum ownership period of three years. This means that investors have the potential to recover a portion of their initial investment by selling their stake in the real estate after the specified timeframe.

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