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Dominica citizenship 2023 by investment remains one of the cheapest and best citizenship by investment programs despite the recent changes.
Due to the Covid crisis, Dominica has presented a range of high-end offers to attract the largest number of investors. The basis of the Dominica citizenship program still retains its features, although there have been minor changes recently.
What are these changes and what are their effects on the investor I will explain in detail in this article.
Dominica has made a new change in adding dependents to the application file with the applicant.
While children under the age of 18 remain eligible for citizenship. Children between the ages of 18 and 30 must have substantial support from the applicant or spouse, and must be enrolled in an accredited institution of higher education.
Unmarried girls under the age of 25 are excluded from this. However, they must be fully supported by a parent and live with one of them at least.
Also, children who are physically or mentally handicapped are not covered by these restrictions. They can apply as dependents, provided they are supported by the applicant or spouse.
The parents or grandparents of an applicant or spouse became eligible only if they were over 65 years of age, and were fully supported by the applicant or spouse.
The law on adding siblings to the applicant or spouse has also been changed. it canceled adding siblings under any circumstances.
Dominica was previously one of the few countries to offer this feature (add siblings). Now the siblings must submit a separate application if they want to obtain a Dominican passport.
Dominica citizenship 2023 fee changes
After siblings were removed from applying as dependents in the citizenship file, the fee for the added persons was changed with some minor changes.
The Dominican citizenship fee structure 2023 is as follows:
– $25,000 for the main applicant
– $35,000 for the main applicant and up to three dependents
– $50,000 for the main applicant and up to five dependents
– $25,000 for any additional dependents
For the donation option, investment amounts depend on the number of people included in the application and the age of each additional dependent. Provided that the investor’s family consists of four or more members.
The amounts required are listed below:
– $100,000 for the main applicant
– $150,000 for the main applicant and spouse
– $175,000 for the main applicant and up to three dependents
– $25,000 for any additional dependent under the age of 18
– $50,000 for any additional dependents 18 years of age or older.
Dominica has started to accept Iranian nationals for its citizenship under special conditions. The procedures for Syrian citizens have also been facilitated by obtaining a Dominican passport.
Also, Dominican nationals are now not allowed to request a change of name and surname unless they have documented their residence in Dominica for a certain period.
Dominica citizenship by investment is the most suitable second citizenship. With so many benefits, Dominica grants its citizenship with only $100,000. With the possibility of entering many countries without a visa, mainly Britain, all Schengen countries, Singapore and China, it has been added recently.
The Dominican passport is suitable for families, just like other Caribbean passports. Where you can add family members to obtain a Dominican passport and benefit from distinguished universities and educational systems.
Dominica citizenship allows you to maintain your first citizenship. You can also change your name and start a new page, because the Government of Dominica does not share your information with third parties and your profile is completely confidential.
The Dominican passport also has the lowest tax rate in the world. There is absolutely no tax on foreign trade funds, donations and wealth.
All these features are useful for family owners, especially merchants who want to expand and facilitate their business ventures.
Dominica does not require prior residency or residence after obtaining a Dominican passport, nor does it require in-person attendance or taking a test of any kind. You will have a global passport in your hands in just 4 months. In the amount of $1,000,00 through a non-refundable donation. and 2,00,000 in real estate investment option. With some small financial additions.
If you want a Dominican passport for yourself, your family and your business, just leave us a message, and we will take care of all matters related to obtaining it. With our experience and the fact that we at Global Citizen Consultants are an authorized firm and representative of the Dominica citizenship by investment program.
If you are interested, read the rest of our articles on Caribbean citizenship. Browse our website and articles section for the latest citizenship news around the world.
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