Dominica Citizenship by Investment in 2024 Costs

Dominica Citizenship by Investment in 2024 is a compelling option due to its reasonable investment requirements and visa-free travel benefits.

The applicant and their family members, including parents, grandparents, siblings, children, and spouse, will be able to obtain Dominica Citizenship by Investment in 2024 after a quickly background check.

Overview of Dominica Citizenship by Investment in 2024

The Dominica Citizenship by Investment in 2024 is a current outlet and future insurance policy for nationalities whose countries face complex policies, high taxes, or whose governments promote wars, helping wealthy and middle-class investors to protect their present and future with this citizenship.

Dominica is a country of renowned natural beauty, full of beaches and lush forests, the official language is English, the general public also speaks French, it has a moderate climate and hospitable people. Whether you choose to contribute to the Economic Diversification Fund or choose the real estate investment route, both paths are reliable for securing a strong passport and beneficial citizenship within 6 months.

Over the past decades, Dominica has developed its infrastructure of airports, hospitals, hotels and seaports, which is why Dominica offers a range of promising investment prospects for investors who intend to set up businesses there. Dominica citizenship holders will also be able to open European bank accounts with ease.

In addition to investment opportunities, Dominica’s attractive tax regime helps in managing properties and establishing companies, as it imposes no taxes on income, wealth, inheritance, shares, salaries and capital gains worldwide.

The Dominica passport is an attractive passport, ranked 37th in the world and allows you to enter more than 140 countries without a visa, including China and all Schengen countries. Dominica citizens are also eligible for 10-year US visas for medical treatment, training courses and business meetings. In addition to the health systems, Dominica has a comprehensive education system, where Dominica citizenship by investment holders can study at Dominica educational institutions for a free.

Obtaining Dominica Citizenship by Investment in 2024

1.  Government donation for Dominica Citizenship by Investment in 2024

This includes a non-refundable contribution to the Economic Diversification Fund of $200,000 for a single applicant and $250,000 for the applicant and three additional dependents to support health, education and infrastructure projects. You will also be required to pay $25,000 for each additional dependent under the age of 18 and $40,000 for each additional dependent over the age of 18.

2.  Real Estate and Dominica Citizenship by Investment in 2024

Investing in luxury resorts or residential properties qualifies you for Dominica Citizenship by Investment in 2024. Unlike the donation option, a Dominica citizenship holder can rent out the property and then resell it 3 or 5 years after obtaining citizenship in order to recoup the investment.

The minimum property price required to obtain Dominica Citizenship by Investment in 2024 is $200,000, plus a contribution of $75,000 for Dominica as the main applicant and $100,000 for the applicant and three additional dependents. $25,000 will be required for each additional dependent under the age of 18 and $40,000 for each dependent over the age of 18.

This option is ideal for those who want to reside permanently in Dominica or who want to rent out the property and earn rental income. It is worth noting that the property purchase is made after the application is approved, which is considered the least expensive Caribbean citizenship program when it comes to real estate investment.

3.  Dominica Citizenship by Investment in 2024 Business Option

Dominica Citizenship by Investment in 2024 can be obtained by investing in one of the government-approved business projects, after which citizenship is guaranteed to the applicant and the rest of the family members, however, you are required to invest at least $500,000 in these projects, which is higher than the costs of the previous two options.

Dominica Citizenship by Investment in 2024 Requirements

The application process for Dominica Citizenship by Investment in 2024 is managed by the Dominica Citizenship Unit, which is part of the Ministry of Finance and is responsible for reviewing and selecting applications by ensuring that all of them meet the eligibility requirements.

To be eligible for Dominica Citizenship by Investment in 2024, the main applicant must be at least 18 years old, be of good standing with no criminal record, have obtained their funds legally, and be in good physical health.

Once Dominica citizenship is obtained, citizenship cannot be revoked or withdrawn for any reason, even if the citizenship program is canceled, but applicants must provide accurate information during the application process and not cheat during the interview.

In order to obtain Dominica Citizenship by Investment in 2024, applicants are required to undergo a personal interview for each applicant who is 16 years of age or older, either in Dominica or in other locations close to the applicant’s place of residence. It is worth noting that this program does not require any residency before or after obtaining citizenship, and it is possible to apply for, obtain and renew a Dominica passport easily and without visiting Dominica.

Are you interested in obtaining a Dominica passport, or are you interested in other citizenship by investment programs around the world? Contact one of our expert consultants in the field of second citizenship.

Global Citizen Consultants: An expert and accredited office for obtaining Caribbean citizenship by investment.