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Citizenship By Investment

The Commonwealth of Dominica, one of the Caribbean's most picturesque islands, initiated its citizenship by investment program in 1993 to stimulate investment. Formerly a British colony, Dominica holds membership in esteemed international organizations including the Commonwealth of Nations, the UN, the Organization of American States, and CARICOM.

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Overview

Investment

$100,000

Investment amount in USD.

Processing Time

3 Months

Total time required to obtain a second passport.

Investment Return

3 years

Return on real estate investment.

Key Benefit

140+ Destinations

A key advantage of acquiring citizenship via the Dominican Citizenship by Investment Program is visa-free travel to over 140 countries worldwide and the opportunity to reside and work in Dominica.

The Dominica Citizenship by Investment program offers individuals and families a straightforward pathway to obtaining citizenship in this Caribbean nation. Applicants can acquire citizenship through a variety of investment options, including a one-time contribution to the country's Economic Diversification Fund or through investment in pre-approved real estate projects. The program is known for its efficiency, with a straightforward application process and relatively fast approval times. Successful applicants gain access to a range of benefits, including visa-free travel to numerous countries worldwide and the opportunity to reside and work in Dominica. Additionally, Dominica's favorable tax regime and stable political environment make it an attractive destination for investors seeking to secure a second citizenship.

The Dominica Citizenship by Investment Program is governed by § 101 of the nation’s constitution, along with § 8 and 20 of the Citizenship Act. This initiative empowers the government to confer citizenship upon individuals meeting specific criteria and policy directives, thereby fostering economic investment in Dominica.

To qualify for Dominica citizenship by investment, the investor is required to make a contribution of $100,000 or more to a state fund, or alternatively, invest $200,000 or above in real estate. Opting for the real estate investment option allows for potential repayment within 3 to 5 years through the sale of the property. Close family members, including spouses, children, parents, and grandparents, can be included in the investor's citizenship application for Dominica. The entire process of acquiring secondary citizenship in Dominica is conducted remotely. The Dominica Citizenship by Investment (CBI) program is highly favored among investors, as evidenced by the issuance of 4,192 Dominica passports between 2017 and 2020.

Overall, the Dominica Citizenship by Investment program provides a valuable opportunity for individuals and families looking to enhance their global mobility and access new opportunities.


Benefits of Dominica Citizenship By Investment

  • Visa free travel to around 140 destinations

    Enjoy hassle-free travel to more than 140 destinations globally without the need for a visa or with the convenience of obtaining one upon arrival. The visa-free destinations include the Schengen countries, China, Hong Kong, and Singapore.

  • Family Inclusion in Citizenship Application

    Opportunity to include a spouse, unmarried children under 31 fully dependent on the main applicant, and parents and grandparents aged 65 and older in the citizenship application. Additional dependents can be added after citizenship is granted to the main applicant.

  • Citizenship by Descent for Future Generations

    Provision for future generations to obtain citizenship through descent.

  • Right to Reside, Work, and Study in Dominica

    Enjoy the privilege of residing, working, and pursuing education for your children in Dominica.

  • No Restrictions on Dual Citizenship

    Freedom to hold dual citizenship without any restrictions imposed by Dominica. Dominica acknowledges and permits dual citizenship. Investors are not required to renounce any other citizenships, especially if other countries also permit multiple passports.

  • No Minimum Stay Requirement

    Experience the freedom of choice with no mandatory minimum stay in Dominica.

  • 10-Year Visa to the United States

    Access a 10-year visa to the United States, adding convenience to travel plans. Holders of Dominica passports are eligible for a 10-year B-1/B-2 visa to the USA. This visa grants a stay of up to 180 days per year, allowing for business meetings, conferences, travel, and access to medical treatment at any US clinic.

  • Safety and Security

    Obtain peace of mind with the assurance of safety and security while traveling and residing abroad with a Dominica passport without the need for a visa.

  • Tax Optimization Opportunities

    Explore opportunities for tax optimization with Dominica citizenship. In Dominica, there are no taxes levied on wealth, gifts, capital gains, or inheritance. Non-tax residents are only subject to taxes on income earned within Dominica.

  • Enhanced Lifestyle

    Establish residency rights in Dominica, enhancing lifestyle flexibility. With its warm climate, diverse natural landscapes, including waterfalls and lakes, and vibrant cultural scene, Dominica presents an appealing destination for both visitors and potential residents.

  • Streamlined Path to Passport

    Obtain citizenship and a passport through an efficient, straightforward process. Acquiring Dominican citizenship typically spans 3 months, with the entire process conducted remotely. Investors are not required to visit the country either before or after obtaining their passport, and there are no language or history tests involved.

  • Potential Investment Return

    Secure potential returns on your investment in Dominica citizenship. Investors who choose to invest in real estate have the option to sell their share after 3 to 5 years of ownership, thereby recouping their initial investment.

  • Accessible Investment Threshold

    Qualify for citizenship with a relatively modest investment sum. The Dominica citizenship by investment program mandates a minimum investment of $100,000, representing one of the most affordable investment thresholds in the Caribbean region.

    In contrast, the minimum investment sum is $150,000 for the Grenada citizenship by investment program and $250,000 for St Kitts and Nevis's CBI program.

Who Can Get A Dominican Passport?

High-Net-Worth Individuals

  • Individuals with substantial financial resources who seek to obtain Dominican citizenship through investment.

Families and Extended Families of Investors

  • Families and extended families of investors including:
    Spouse
    Children under 18
    Children aged 18 - 30
    Parents & Grandparents

Global Investors

  • Foreign investors interested in acquiring Dominican citizenship as a strategic investment opportunity.

Qualified Applicants

  • Individuals who meet the eligibility criteria and investment requirements set forth by the Dominican Citizenship by Investment Program.

  • Business owners and real estate entrepreneurs looking to establish a presence in Dominica and gain citizenship through investment in the country's economy.

Dominica Passport

Dominica’s passport is one of the most attractive in the Caribbean, offering visa-free or visa-on-arrival access to over 145 countries, including the UK, the Schengen Area, Hong Kong, and Singapore. This makes it a valuable travel document for global mobility. Dominica’s Citizenship by Investment (CBI) Program is one of the most affordable and efficient in the region, allowing individuals to acquire citizenship through investment in government-approved real estate or a financial contribution to the Economic Diversification Fund. The program's popularity stems from its relatively quick processing time and the passport’s strong travel benefits.

Passport Rank

33rd - Passport Index Ranking 2024
144 - Visa Free Destinations

Validity of the Dominica's passport

10 years for adults
5 years for minors

Government Processing Time

2 to 3 weeks for standard applications

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Investment options for Dominican Citizenship By Investment

To qualify for Dominican citizenship under the current regulations, investors may choose from one of two options:

Non-refundable contribution — $100,000+

Applicants can make a one time non-refundable contribution to the Economic Diversification Fund, which supports various sectors of the Dominican economy, including healthcare, education, and tourism. The contribution amount varies depending on the number of dependents included in the application. This option offers investors a straightforward and efficient route to citizenship without the need for ongoing investment commitments.

Real estate purchase — $200,000+

Investors can purchase shares in pre-approved real estate projects in Dominica, such as hotels, resorts, or residential developments. This option allows investors to invest in designated real estate projects that have been approved by the Dominican government. By investing in these projects, investors contribute to the development of the local economy and infrastructure while also fulfilling the requirements for citizenship. Investors have the opportunity to earn potential returns on their investment through rental income or property appreciation. The property can be sold after a minimum ownership period of 3 years, representing the shortest duration among Caribbean Citizenship by Investment (CBI) programs. However, if the investor intends to sell the property to a future participant of the CBI program, it must be owned for a minimum of 5 years.

Procedure and time frame of Dominica's Citizenship by Investment Program

The procedure for obtaining a passport under the Dominican Citizenship by Investment program follows a structured and efficient process. Initially, applicants select their preferred investment option, whether it be a contribution to the Economic Diversification Fund, or investment in real estate projects. Upon completing the necessary documentation and financial commitments, the application is submitted to Dominican authorities for review and approval. Here is an overview of the procedure and timeline involved in this process:

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Advice On Investment Opportunities

1 - 5 Days

FNDCS Immigration advises clients on suitable investment opportunities that meet the criteria set forth by the Austrian Citizenship by Investment Program. This may include identifying viable business ventures, joint ventures, or other approved investment options that align with the client's financial goals and investment preferences.

Preliminary Due Diligence

1 - 5 days

Once the investment option is chosen, investors are required to undergo a thorough due diligence process to ensure their eligibility for citizenship. FNDCS Immigration conducts an initial Due Diligence process as part of its comprehensive services. This preliminary check is conducted to prepare for the formal review by the Citizenship by Investment (CBI) unit. Through this process, our experienced legal team assesses potential rejection risks in advance and strategizes to find alternative solutions.

The preliminary Due Diligence conducted by FNDCS Immigration is strictly confidential, ensuring the privacy and security of our clients' information. During this stage, investors are only required to provide their passport for verification purposes.

To further ensure compliance and accuracy, FNDCS Immigration maintains its own dedicated Compliance Department. Our certified Anti-Money Laundering Officer meticulously reviews investors' documents, taking into account the specific requirements and nuances of Due Diligence procedures across different jurisdictions.

By conducting thorough preliminary Due Diligence, FNDCS Immigration significantly reduces the risk of citizenship application rejection to as low as 1%, providing our clients with peace of mind and confidence in the application process.

Background Check

3 - 7 Weeks

The background check is a critical component of the citizenship application process and is conducted to ensure the integrity and suitability of the applicant for Austrian citizenship. This check involves a comprehensive review of the applicant's personal and financial history, as well as any relevant criminal or legal records.

During the background check, our compliance team will verify the accuracy of information provided by the applicant, including details related to their identity, employment history, financial resources, and previous residency or citizenship status. Additionally, any potential risks or concerns, such as associations with criminal organizations or involvement in illicit activities, may be thoroughly investigated.

The background check aims to assess the applicant's character, integrity, and commitment to upholding Austrian laws and values. It serves to protect the interests of Austria and its citizens by ensuring that only individuals who meet the stringent criteria for citizenship are granted this privilege.

Applicants should be prepared to provide detailed documentation and information to facilitate the background check process. This may include financial records, employment contracts, character references, and any other relevant documentation requested by the authorities.

Application Preparation

1 - 3 Months

FNDCS Immigration assists investors with Document preparation for the Austria Citizenship by Investment Program which entails gathering various personal and financial documents, including passports, birth certificates, marriage certificates (if applicable), police clearance certificates, medical certificates, and bank statements.

Additionally, applicants may need to provide business documents if the investment option involves business ventures. Other supporting documents such as power of attorney and affidavits may also be required. It is crucial for applicants to ensure that all documents are accurately prepared, certified, and submitted in accordance with program guidelines to avoid delays or rejection of their application.

Application Lodgment

1 Day

Once the application preparation is completed, an application for citizenship on behalf of clients is submitted, ensuring that all required documents are properly prepared, organized, and submitted to the appropriate government authorities in a timely manner.

Processing Time

24 - 36 Months

The average time frame for an application is 24–36 months. Successful applicants receive full citizenship of the Republic of Austria by decision of the Government of Austria and can apply for a passport immediately afterwards. Passports are issued within a few days.

Application Approval & Passport

30 Days

Upon successful approval of the citizenship application, FNDCS Immigration assists clients in applying for an Austrian passport. This includes guiding clients through the passport application process and facilitating the issuance of their new passport.

Post-Approval Support

FNDCS Immigration continues to provide support to clients even after they have obtained Austrian citizenship. This may include assistance with passport renewal, citizenship-related inquiries, and ongoing advisory services.

Real Estate in Dominica

Real estate investment in Dominica is a significant route to obtaining citizenship through the country’s Citizenship by Investment Program. Investors must purchase government-approved real estate with a minimum value of USD 200,000, often in luxury resorts, eco-friendly developments, or high-end hotels. The property must be held for at least three years, and if resold to another citizenship applicant, it must be retained for five years. This investment option not only offers the benefit of Dominican citizenship—granting visa-free or visa-on-arrival access to over 140 countries—but also presents potential returns through property appreciation and rental income, making it an attractive proposition for global investors.

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Dominica

Nestled in the heart of Europe, Austria is a country that captivates visitors with its stunning alpine landscapes, rich cultural heritage, and historic charm. From the imperial grandeur of Vienna to the picturesque villages of the Tyrolean Alps, Austria offers a diverse array of experiences that appeal to travelers of all interests.

How FNDCS Immigration Can Assist You

Our team of seasoned professionals is committed to providing end-to-end support throughout the citizenship acquisition process. From initial consultation to finalizing documentation and beyond, rely on FNDCS Immigration for unparalleled expertise and personalized service.

Unlock unparalleled opportunities and embrace a world of possibilities with second citizenship through FNDCS Immigration. Experience seamless integration into new cultures, economies, and communities while safeguarding your legacy for generations to come.

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