A Second Home in the Global Tourism Hub!
One of the top destinations for Citizenship by Investment in the World, with amazing natural formations and abundant characteristics. The Commonwealth of Dominica gravitates toward thousands of foreigners seeking a second nationality. This ‘nature island’ of the Caribbean, as it is commonly referred to. With a population of only 74,000, a warm tropical climate helping you escape the winter chills, and happy and welcoming people, Dominica makes for an ideal immigration destination.
The Caribbean island of Dominica has long been the centre of a tourist attraction thanks to its unspoiled nature and tropical forest that covers two-thirds of the island, rivers, lakes, waterfalls, and volcanic physique. Over time, the Dominican government has brought much flexibility to the citizenship by investment program. The Dominica Citizenship program, which is in place today, waives the need for residency to gain citizenship which was not possible until 1993. All this combines to make Dominica a place where you would love to have a second home and enjoy Visa-Free and Visa on Arrival to over 143 countries.
A Swift and Straightforward Way to a Second Citizenship
One of the fastest routes to earning Dominican citizenship is through the ‘Citizenship by Investment (CBI) option. It is a process that allows foreign individuals and their families and dependents to earn second citizenship through a monetary contribution to the host country’s economy. Introduced by the Caribbean countries in the early eighties to combat the effects of immigration and attract foreign investment, economic citizenship is only offered by a handful of countries.
The Dominica Citizenship by Investment Unit
Dominica’s economic citizenship is among the oldest citizenship by investment programs in the world. To run this successful program efficiently, the Dominican government has set up the Citizenship by Investment Unit (CBIU) which handles all matters related to the program. The establishment of CBIU is a testament to the Dominican government’s commitment to the program and has substantially improved the quality of its offerings. The unit is dedicated to strengthening the Dominica Citizenship by Investment Program which plays a major role in mobilizing private investment for the country and building a diversified, sustainable, and resilient economy.
Investment Options for Dominica Economic Citizenship
All you need to have to be eligible for the Dominica economic citizenship program is a strong character with no criminal record, good health, and basic English language skills. As for the options available for foreign investors in Dominica’s Citizenship by Investment program, there are namely two:
Donation to Dominica’s Government Economic Diversification Fund:
- A contribution of $100,000 for a single applicant
- An investment in Real Estate of US$220,000
WHY CHOOSE DOMINICA CITIZENSHIP?
Dominica is a global tourist hotspot popular especially as diving and hiking haven among travellers of the world. With the already established and continuously booming tourism industry, investment in Dominica real estate is one of the most lucrative investment options in the country for foreign investors seeking Citizenship by Investment. Dominica’s citizenship comes with great perks for the investor. Besides getting a chance to enjoy a second home in the scenic country, the citizenship for Dominica covers the applicants’ children under 30, as well as parents and grandparents aged over 55. The Dominica passport is also powerful, allowing the investors to gain Visa-Free and Visa on Arrival to over 143 countries of the world. Since there is no residency requirement for processing the application, the applicant can stay in the comfort of their home country while their application is processed.