The Dominica Citizenship by Investment (CBI) program, launched in 1993, provides an unparalleled opportunity for global investors to secure a second citizenship. Known as the “Nature Island” of the Caribbean, Dominica offers pristine landscapes and a strategic passport with significant advantages.
Program Highlights
- Visa-Free Travel: Access over 120 countries, including major destinations like the UK, EU Schengen Zone, and Hong Kong.
- Tax Benefits: No personal income tax, inheritance tax, or capital gains tax.
- Efficient Process: Citizenship approval in as little as 2-3 months.
- Dual Citizenship: Retain your original nationality.
- Stable Investment: Secure options to diversify your portfolio.
Eligibility Requirements
Applicants must meet the following criteria:
- Age: Main applicant must be 18 years or older.
- Clean Record: Pass a rigorous due diligence check.
- Health Certificate: Submit proof of good health.
- Investment Commitment: Choose one of two investment routes:
- Economic Diversification Fund (EDF): Contribute $100,000 (non-refundable).
- Real Estate: Invest at least $200,000 in government-approved properties, with a holding period of 3 years.
Cost Breakdown
- EDF Contribution: Starts at $100,000 for a single applicant.
- Real Estate Investment: $200,000 minimum.
- Other Fees: Include due diligence ($7,500) and passport issuance ($1,000).
Application Steps
- Select an authorized agent to handle your application.
- Submit documents and pay the required fees.
- Undergo a government-conducted due diligence process.
- Receive approval and finalize your investment.
- Take the oath of allegiance and receive your Dominica passport.
About Dominica
Dominica boasts lush rainforests, volcanic landscapes, and vibrant culture. Key attractions include Morne Trois Pitons National Park, a UNESCO World Heritage Site, and the famous Boiling Lake. Adventure seekers can enjoy hiking, diving, and whale watching, making Dominica a dream destination for eco-tourism enthusiasts.