Key Facts About Dominica Citizenship by Investment Program

Dominica's citizenship by investment program, which has been successfully operating since 1993, is considered one of the most accessible and attractive in the Caribbean.

Every year, more than 1,000 people choose this path, having the opportunity to travel visa-free to more than 140 countries, including European ones.

The main advantage of the program is the complete absence of the need to come to the country to obtain citizenship.

For an investment of $ 200,000, you can get a Dominica passport within 3-6 months, which makes it a leader in convenience and efficiency among similar offers.

8 facts about Dominica

• Roseau is the capital of the country with a population of about 15,000
• Champagne is a famous beach with the effect of bubbling waters due to hot springs
• A river for every day - there are more than 360 rivers in Dominica, the most famous is the Indian River in Portsmouth
• Morne Trois Pitons Park is a natural park listed as a UNESCO World Heritage Site
• Boiling Lake is the second largest hot lake in the world, changes color depending on volcanic activity
• Pirates of the Caribbean - parts of Dead Man's Chest and At World's End were filmed here
• Dominican, Creole, French - along with English, it is spoken by the local population
• East Caribbean dollar is the official currency, US dollars, pounds and euros are also accepted

Benefits of a Dominica passport

• Freedom of travel — a Dominica passport gives you access to more than 140 countries without a visa. Passport holders can travel freely to the Schengen area for up to 90 days every six months. The United States provides a B-1/B-2 visa for 10 years, Hong Kong allows a visa-free stay of up to 30 days, and Singapore — up to 90 days every six months.
• A “backup airfield” for the whole family — a Dominica passport allows you to come to the country at any time, even when the borders are closed, which is especially valuable in case of unforeseen situations, such as political crises or epidemics. This is reliable protection for the whole family.
• The ability to change your tax residence — to become a tax resident of Dominica, you must live in the country for more than 183 days a year or receive income from local sources, such as renting real estate. Income tax rates range from 15% to 35%, with tax residents not paying tax on dividends, interest and royalties received outside the country.

Conditions for obtaining Dominica citizenship through investment

A Dominica passport is granted to investors who contribute to the country's economy. This can be either a purchase of real estate or a non-refundable contribution to a government fund. In this case, the property can be sold after three years, and if the property is sold after five years, it will again be able to participate in the investment program.

• Non-refundable contribution. The minimum amount is $ 200,000. Investors transfer these funds to the Dominica Economic Diversification Fund, supporting various government projects. Funds received under the program are directed to the development of medicine, education, environmental projects and energy in the country. The amount of the contribution depends on the number of family members declared. If a spouse is included in the application, you will need to contribute $ 200,000. For a family of up to 4 people $250,000. In addition, the investor covers the costs of due diligence and administrative fees.
• Purchase of real estate. The minimum investment amount is $200,000. The purchase is made in government-approved projects specifically designed for the citizenship program. The amount does not depend on the number of applicants. The investor also makes related payments, including a government fee of $25,000 and a due diligence fee.

Who can participate in the Dominica Citizenship by Investment Program

• Investor — any person over 18 years of age, with a clean reputation, no criminal record or visa refusals, with legal income and good health.
• Spouse — the official partner of the investor in a registered marriage.
• Children — can participate if they are under 30 years old, and if they are of legal age (from 18 years old) they must be financially dependent on the investor.
• Parents — persons over 65 years of age who are financially supported by the investor can also be included in the program.

We accompany clients at every stage — from the first consultation to receiving passports.

Hayat Estate employs only experienced specialists ready to provide a full range of services and provide support throughout the entire process.