Dominica Citizenship by Investment Program
The Dominica Citizenship by Investment Program (CIP) is one of the oldest and most respected economic citizenship programs in the world, offering individuals and families the opportunity to acquire citizenship in exchange for a qualifying investment in the country. Established in 1993, the program has contributed significantly to Dominica's economy and infrastructure development.
Investment Options
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Contribution to the Government Fund: Applicants can make a non-refundable contribution to the Economic Diversification Fund (EDF). The minimum contribution varies based on the number of dependents included in the application.
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Real Estate Investment: Investors can purchase government-approved real estate projects, with a minimum investment of $200,000. The property must be held for at least three years.
Benefits of Dominican Citizenship
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Visa-Free Travel: Dominican citizens enjoy visa-free or visa-on-arrival access to over 140 countries, including the Schengen Area, the United Kingdom, and Hong Kong.
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Second Passport: Citizenship provides individuals and their families with a second passport, offering security and mobility benefits.
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Education and Healthcare: Citizens have access to affordable education and healthcare services in Dominica and other Caribbean nations.
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Tax Advantages: Dominica does not impose wealth, inheritance, or capital gains taxes, making it an attractive destination for investors seeking fiscal benefits.
Application Process
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Pre-Approval: Applicants must engage a licensed agent to assist with the preparation and submission of the application to the Citizenship by Investment Unit (CIU).
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Due Diligence: A thorough background check is conducted on each applicant to ensure they meet the program's integrity requirements.
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Investment: Upon approval, applicants must make the required financial contribution or investment in real estate.
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Citizenship Certificate: Successful applicants receive a Citizenship Certificate and can apply for a Dominican passport.
The Dominica Citizenship by Investment Program offers a streamlined pathway to citizenship for investors seeking security, global mobility, and attractive fiscal benefits. With its reputable program, robust due diligence processes, and competitive investment options, Dominica remains a preferred choice for individuals and families looking to obtain second citizenship in the Caribbean.