Dominica Passport via Investment: For Travel and Investment

Established in 1993, the Dominica Passport via Investment Program is the second-oldest citizenship by investment program in the world. It is based on the principle of granting a second passport to any investor and their family after making an investment or donation to Dominica.

The Dominica passport via investment is issued in a record time of nine months, with no residency requirements, and without the need to cancel the first passport, as Dominica accepts dual citizenship.

Dominica has gained widespread popularity due to its stunning climate and natural beauty, including its pristine mountains, rivers, beaches, and waterfalls. Also, the Dominica passport via investment has gained widespread popularity, providing a powerful passport that allows visa-free entry to most countries. The program is also trusted and enshrined in the country’s constitution.

In addition to not requiring a residence permit before or after obtaining Dominica citizenship, there are no requirements to prove your English language proficiency, academic qualifications, or professional experience. You must be 18 years or older, and you may be required to attend a one-time traditional interview with your adult family.

Dominica passport via investment is currently the most convenient citizenship program, and its benefits go beyond freedom of movement. It offers countless other benefits, which we will discuss in a separate section.

Requirement for Obtaining a Dominica Passport via Investment

Section 101, Part 8, Amendment 20(1) of the Dominica Constitution clearly defines the Citizenship by Investment Program Act, stating that anyone who legally invests in the country will be eligible to obtain Dominica citizenship by investment directly.

The Dominica Citizenship by Investment Unit (CBIU) is the government entity responsible for administering, accrediting, and issuing Dominica citizenship by investment. However, the unit first requires that the principal investor be 18 years of age or older.

To ensure the effectiveness of the program, the unit checks several things upon receiving applicants, including ensuring they are of good character, have no criminal record, and that the funds used for the investment were legally obtained.

The unit then verifies that the applicant and their family members are free from any communicable diseases by providing medical records. The applicant then chooses between investing in real estate or contributing to the Dominica National Fund.

The investor is not required to invest until the government approves the citizenship, but he is required to pay certain administrative fees when submitting the application to the Citizenship by Investment Unit.

Dominica Passport via Investment for Global Mobility

Thanks to the strength of the Dominica Passport, you can travel to more than 143 countries around the world visa-free, ranking it the 34th strongest passport in the world. Whether your trip is for leisure, study, or business, this passport gives you the opportunity to enter and reside in major countries in Europe, Asia, and the Americas.

Among the countries you can enter visa-free with this passport are the Schengen Area, China, Hong Kong, Singapore, the United Arab Emirates, and Russia. The beauty of it is that you can stay in these countries for extended periods with each entry.

For example, you are entitled to travel for 90 days every 180 days to any of the 29 European Union countries. This means you can explore popular European cities like Madrid, Rome, Paris, Barcelona, ​​Amsterdam, Milan, Berlin, and Lisbon, as well as commercial centers like Victoria and Beijing, with complete peace of mind without having to worry about obtaining a visa in advance. All you have to do is pack your bags and head to the airport.

Even countries that require visas may be better off than your home country, especially if you’re coming from a country with a weak or average passport. Thanks to Dominica’s being long been a member of the Commonwealth, obtaining visas for other Commonwealth countries like the UK, Canada, and Australia will be easier than for many countries, although Dominica is working hard to eliminate visa requirements for many countries, including the UK.

Dominica Passport via Investment for Business Opportunities

✓ Get access to local and international business opportunities by expanding your business, starting a new company, or establishing international branches.

✓ Open strong international bank accounts to support your business.

✓ Enjoy duty-free access to all Caribbean markets.

✓ The Dominica state does not impose taxes on capital gains, wealth, inheritance, or any trade conducted outside its borders.

✓ Dominica’s currency is the Caribbean dollar, which is pegged to the US dollar.

✓ English, the country’s official language, facilitates communication and trade within the country.

✓ Dominica enjoys tax exemptions in many areas, as well as double taxation avoidance agreements with several countries.

Other Benefits of the Dominica Passport via Investment

The Dominica Passport via Investment not only offers visa-free entry and multiple investment opportunities, but also:

1. A significant benefit that hasn’t been mentioned is Dominica’s lenient tax law, which imposes no global taxes on income, inheritance, wealth, capital gains, and other income.

2. Not require its citizens to reside in the country before or after obtaining citizenship. However, Dominica is considered one of the most beautiful countries in the world in terms of natural beauty.

3. With excellent study opportunities in Dominica or the opportunity to study abroad thanks to its strong passport, as well as an improved healthcare system, this program is suitable for families where the passport can be passed down through generations.

4. As a country, Dominica boasts a safe and nature friendly environment, a low crime rate, and a reliable program that accepts dual citizenship.

For those interested in the Dominica Passport via Investment or any other program offering second citizenship, contact Global Citizen Consultants, the official agent for citizenship by investment programs worldwide.