Moldova Citizenship
Investment amount:from 135 000 €
Time to obtain:3 months
Number of visa-free countries:121
working schedule:
10:00 - 19:00
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.
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
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.
Economic Diversification Fund (EDF)
EDF was established to optimize the national budget of Dominica, as a part of the citizenship by investment program. The investments are used for the implementation of public and private projects. The amount of non-refundable fee for obtaining a passport by the main applicant is $ 100,000, when applying with a spouse - $ 175,000, when applying with a spouse and 2 dependents – $ 200,000. Inclusion of additional financially dependent relatives will cost $ 25,000 per each.
Real estate acquisition
To obtain a Dominica passport through the purchase of the real estate, it is necessary to invest more than $ 200,000 in a government-approved project. Real estate property remains in the ownership of the investor for at least 3 years after he becomes the citizen of Dominica, and the right to re-sell it to another participant of the program appears after 5 years. When selecting this option the additional fees should also be paid.
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 18 Excellent personal and business reputation Clean criminal record Compliance with medical requirements Availability of necessary funds
Submission of Citizenship certificate
to the Dominica Passport and Immigration Department
Submission
of biometric data
Payment of passport fee:
$ 1,200 per each person
Receive
Dominica passport
Use help
of certified agent
to acquire Dominica
citizenship in 3 months
