Dominica Citizenship obtained under this programme grants the right of full citizenship for life and can be passed to future generations.
The Dominica Citizenship by Investment Programme grants citizenship to investors and their families in exchange for investment in a national fund or real estate. The Programme grants citizenship for life, and the possibility of passing it on to future generations. Beneficiaries of the Dominica Citizenship by Investment Programme are not liable to taxation in Dominica on any worldwide income unless one decides to reside there; new citizens are also exempt from tax on wealth, inheritance or capital gains tax.
Taxation of new citizens
A citizen under the Dominica Citizenship by Investment Programme is not liable to taxation in Dominica on any income earned outside of Dominica unless one decides to reside there. In addition, new citizens are exempt from tax on wealth, inheritance or capital gains tax.
CAPITAL CITY: RoseauCURRENCY: East Caribbean Dollar $ TIME ZONE: Eastern Caribbean Time Zone (UTC -04:00) POPULATION: 72,703TOTAL AREA: 750 km²VISA FREE COUNTRIES: 139 Including Schengen Countries, UK, Hong Kong & SingaporeLANGUAGES: English NEAREST COUNTRY: Martinique, Guadaloupe
- Fast Process of preparation;
- Include family members;
- 145 Visa-free destinations inc EU
- Allowed dual-citizenship;
- Confidential Application Process;
- Minimal taxation
Benefits
The Dominica Citizenship by Investment Programme has been enacted since 1993 and is legally entrenched in the Dominican Constitution. This programme is based on Section 101 of the Constitution of Dominica and Sections 8 and 20 (1) of the Dominica Citizenship Act.
- The applicant must be at least 21 years of age
- Must be of good character and have a clean criminal record
- The applicant is also required to make an investment in Dominica and in this respect, there are two investment options:
- A donation to the Economic Diversification Fund (EDF) of US$100.00 for single applicants
- For applications including a spouse, the minimum investment is US$150.000
- Family applications including spouse and two children under the age of eighteen require a minimum investment of US$175.000
- Families with more than two children, must invest US$25,000 for each additional dependent
- An investment in a Government-Approved real estate which must have a minimal value of US$200.000 and must be kept for a minimum of three years. The said property is eligible for resale 5 years from the date of purchase
- A donation to the Economic Diversification Fund (EDF) of US$100.00 for single applicants
Who is this for
Why this country
Key Contacts
Requirements
