The terms of the program include investment in such options as the Economic Diversification Fund (EDF) or government-approved real estate. Processing the application and making a decision on granting citizenship is carried out by a special state body - Citizenship by Investment Unit (CBIU).
Dominica passport is valid for 10 years for adults, and 5 years for children under the age of 16. Renewal of the document is carried out in the Dominica Passport and Immigration Department or any nearest Consulate of the state.
Dominica passport
by investment
Use support of certified agents
to acquire a second Caribbean
passport on favorable terms
The government of Dominica offers foreigners the opportunity to obtain a passport in exchange for investment in the country's economy. Investors have to choose between two investment options: a contribution to the Economic Diversification Fund (EDF) or purchase of real estate. If the criteria and investment conditions are met according to Sections 8 and 20 (1) of the Citizenship Act and Section 101 of the Constitution, the applicant is granted citizenship within 3 months. Dominica passport provides international mobility and wide range of business opportunities, which become available to foreigners in a short period of time.
Benefits of Dominica passport
Visa-free access to more than 120 countries, including the UK, Schengen area, Singapore and Hong Kong
The right to register a business
in the Caribbean
Exemption from taxes on wealth, gift,
inheritance, foreign income,
capital gains, personal income
Possibility of moving with family
to Dominica for permanent residence
The current passport
remains valid
Opening accounts and keeping financial assets in the Caribbean and European banks
Get the right to change
tax residency status shortly after acquiring the Caribbean passport
How to get Dominica passport by investment
Investment options for obtaining Dominica passport
Government fees
$ 25,000 for the main applicant$ 35,000 for the main applicant and a spouse$ 35,000 for the main applicant and 3 dependants$ 50,000 for the main applicant and 5 dependants$ 70,000 for the main applicant and 6 or more dependants
Processing fee
$ 1,000
Due diligence
$ 7,500 for the investor$ 4,000 for the spouse and each additional applicant over the age of 16
Requirements for investor
Age over 18Excellent personal and business reputationClean criminal recordCompliance with medical requirementsAvailability of necessary funds
Dominica passport
application process
-
1Submission of Citizenship certificate
to the Dominica Passport and Immigration Department -
2Submission
of biometric data -
3Payment of passport fee:
$ 1,200 per each person -
4Receive
Dominica passport
Use help
of certified agent to acquire Dominica
citizenship in 3 months