Dominica is one of the most appealing tourist destinations in the world. However, the country offers more than that and people who want to move here have the possibility of applying for Dominica citizenship by investment.
The Dominica golden visa scheme is simple and easy to access and foreign citizens from all over the world who want to move here can obtain a passport for a specific amount of money. Below, our golden visa agents explain the main requirements of this program.
Dominica residency by investment, the first step to citizenship
Foreign citizens who want to use a golden visa program to move to another country and decide for Dominica should know that this state offers residency by investment followed or citizenship, in accordance with the desire of the applicant.
Obtaining citizenship by investment in Dominica, however, is not difficult and with the help of our local advisors, the procedure can be completed in a simple manner.
If you are interested in other golden visa countries, you can obtain the entire list of countries where we can help you move from our specialists. Furthermore, we are also at your service with details on Dominica citizenship cost.
Requirements to enter the Dominica passport by investment scheme
Enabled in 1993, the Dominica citizenship by investment program is one of the most appreciated golden passports in the Caribbean region. Also a member state of the Commonwealth, a Dominican passport comes with free access to the UK and Singapore, some of the most important business hubs in Europe, respectively Southeast Asia.
In order to be eligible for citizenship by investment in Dominica, a person must:
- be at least 18 years old at the time of the application;
- have a valid passport;
- have no criminal record;
- be financially solvable in order to demonstrate he or she meets the investment requirement.
If you need guidance on citizenship by investment in other countries, do not hesitate to reach out to our consultants. You can find more articles on how to buy golden visas in other countries on our website.
Investment options under the Dominica golden visa
Dominica has two options when it comes to citizenship by investment. These are:
- a contribution of at least 100,000 USD to the Economic Development Fund;
- the purchase of real estate in an approved project valued at minimum 200,000 USD;
- against any of these options, citizenship by investment in Dominica can be obtained in approximately 6 months.
The value of the investment, however, is not the entire Dominica citizenship cost, as there are also other government fees to consider.
We remind foreign citizens that St. Kitts and Nevis also has a golden visa program similar to the one developed by Dominica.
Should you want to apply for Dominica residency by investment or citizenship, you can discuss your options with our local consultants.
If you need more information on other golden passports and countries that offer them, you can get in touch with our agents.
Procedure to obtain citizenship by investment in Dominica
Obtaining a Dominica passport by investment is not complicated, as the country has a special authority handling applications which imply a fast documents processing time. This is the Citizenship by Investment Unit (CBIU).
The main applicant must file various documents, among which is the application form which can be found on the CBIU’s website, the valid passport, proof of financial worthiness, and other papers depending on the investment option.
Dominica is one of the most appealing citizenship by investment countries thanks to the fast visa processing times which enables foreigners to obtain passports without having to live here.
Bringing family members to Dominica
Foreign citizens who enter the Dominica citizenship by investment program and decide to live here can move directly with various family members or these can relocate here later.
The program developed by Dominica enables family immigration with the following:
- the spouse and minor and adult children;
- the parents and grandparents;
- the siblings aged no more than 30.
An important aspect to consider when bringing family members is that additional financial requirements are met based on family ties, the age of the dependents, as well as on the time they relocate to Dominica.
Dominica is one of the best rated golden visa countries in the Caribbean region.
If you want to apply for citizenship by investment in Dominica and need support, do not hesitate to contact our local advisors, as it is expected for the program to suffer changes in 2022.