Dominica Citizenship by Investment Program
How to Obtain Dominican Citizenship through Investment
Dominica’s Citizenship by Investment programme is one of most cost-effective CBI offerings in the Caribbean. There are two main investment routes that applicants can apply through. The first is by making an economic contribution (donation) to Dominica’s National Development Fund. The second option is available by investing in various Government approved real estate projects. The programme requires a minimum investment of $200,000, plus fees.
Overview of Dominica’s Citizenship by Investment Programme
Dominica first launched their Citizenship by Investment programme in 1993 as a way for the Government to raise foreign investment to help support the countries economy and develop the Islands infrastructure. The real estate investment option was later introduced in January 2015.
Until 1993 it was not possible to gain Dominican citizenship without residing in the country. The Dominican government changed that with the economic citizenship programme whereby the need for residency to gain citizenship was waived. Applicants making such a contribution are granted full citizenship for themselves and their family. A Dominican passport allows visa-free travel to over 152 countries worldwide.
Dominica Citizenship by Investment Requirements
In addition to making the necessary investment or donation there are several requirements that applicants must meet for Dominica.
Family Requirements
Family members can be included in the application for citizenship. The main applicant can include:
- Spouse
- Children up to age 30 years
- Dependent parents over 65 years
Due Diligence Requirements
All applicants will need to be of good character and undergo the government’s due diligence formalities: Investors must provide
- Police Reports – evidence of a clean criminal record
- Have no outstanding visa refusals
- Various documentation, including financial documents, employment/ business documents, ID, proof of address
Minimum Stay Requirements
One of the many attractions of gaining second citizenship in Dominica is that the Citizenship by Investment programme (CIP) does not have any minimum stay requirements. Citizens of Dominica have the right to live, work or study in the country, if they wish to, but this is not a pre-requisite of the programme. There is also no language test required.
How Much Does Dominica’s Citizenship by Investment Programme Cost?
The most affordable way to citizenship in Dominica is through the contribution option. The minimum investment required for Dominican Citizenship through donation is $200,000 for a single applicant plus fees, or $250,000 for a family of four, plus fees. It is also possible to invest via government approved real estate options. The required real estate investment of $200,000 is one of the most affordable in the Caribbean. Government, professional and due diligence fees apply (Obtain Full Quote).
How Long Does It take to Get Citizenship by Investment in Dominica?
Processing time is around 3-4 months from the date the applicant’s file is submitted to Dominica’s Citizenship by Investment Unit (CIU). Typically, it takes most applicants between 2-6 weeks prior to this to gather all their documentation. La Vida’s in-house processing team will assist applicants with this entire process. See the FAQ’s below for a more detailed breakdown of the timeframe.
Step1
La Vida is an authorised agent for marketing the Dominica CIP. Book your free consultation with La Vida’s team of experts to discuss and decide which programme and investment route is best suited to you and your family. Our experienced consultants will provide you with a personalised quotation which will cover all applicable fees. They will advise and guide you through the entire process in detail.
Step2
For your peace of mind, before you commit, La Vida will run a pre-application background check to ensure your application is likely to be successful. Once this has been completed and you are happy to proceed, you can formally initiate the process by signing our Client Facilitator agreement and paying the pre-application deposit.
Step3
La Vida’s in-house processing team will work closely with you to prepare your application. Once your file has been fully compiled our team will submit your application to Antigua’s Citizenship by Investment Unit. Government fees will be required at this stage. From this point applications typically take an average of 3-4 months to be processed.
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Step4
Following the Dominica Citizenship Unit’s comprehensive due diligence checks and analysis of your application, an approval letter from the government will be issued and you will then be required to make the final payment. The passport will be issued within approximately one month and sent to you by secure and recorded delivery.
Benefits of Dominica’s Citizenship by Investment Programme
The Dominica citizenship program is ideal for investors needing a second passport for travel and ease of access to many countries including China. Holders of a Dominica passport enjoy visa free access to 152 countries and territories worldwide. That represents 58.3% of the world’s wealth measured by GDP and 72.4% of worldwide travel popularity based on international visitors. Read more in our Dominica Passport Investment Report.
- Security of a Plan B Passport
- Visa-Free Travel to 152 countries and territories worldwide
- Diversify your assets outside of your current region
- Live, Work and Study in Dominica and other CARICOM nations
- Tax-free incentives for residency
Advantages of Adding a Dominica Passport
When investing for a second citizenship and passport it is important to understand exactly how your existing passport combines to provide visa free access worldwide. Not only measuring the number of visa free destinations but giving weight to the importance and popularity of those destinations. Only La Vida provides such comprehensive analysis for the Dominica Passport and for passports through other citizenship investment programs by using sophisticated measures developed for business and leisure travel. Contact us and speak to one of our advisors for your free report tailored to your existing citizenship and passport.
Buying Real Estate Dominica
Dominica offers some of the most spectacular landscapes in the Caribbean. Invest in your own slice of paradise on this fantastic island which is abundant with luscious rain forest, waterfalls, crystal-clear sea, and picture-perfect beaches. Dominica is also home to several luxury resorts which qualify for the country’s Citizenship by Real Estate Investment Program.
Once you have obtained advice on the most appropriate programme and decided on Dominica you can apply through La Vida as an authorised agent and we will manage the full application for you.
La Vida has extensive experience submitting CBI Applications to Dominica and other Caribbean countries. It allows us to quote our own actual figures based on a sizeable number of submissions for each program. Figures you see elsewhere on the web could be borrowed, generically quoted or amended to suit the message. We also caution against agents claiming quicker times. Everyone submits to the same processing unit and there is no favouritism. An agent influences the timeline based on their efficiency in processing prior to submission and ensuring the application is complete and accurate. And then further, in dealing efficiently and knowledgeably with any questions that come back from the CBI unit.
The latest timeline (taken as last two-year moving average) from submission to approval of citizenship for Dominica is 3.5 months. The fastest approval time we have experienced during that period was 2.6 months. Please bear in mind, as with all CBI programmes, once approved there is a further period of bank clearing, making the investment and issue of the citizenship certificate before the application and receipt of a passport. The average additional time for this for Dominica was a further 4.2 months.
Prior to submission, it typically takes applicants an average of 2-6 weeks to gather all the necessary documents to compile their file before submission. La Vida’s team will assist with all aspects of the process. Our market leading client portal offers complete security for documentation and efficient and transparent processing, enabling clients to update their documents at their own pace and track their progress. We feel this leads to the most stress free and efficient process in ensuring a complete and accurate file for submission.
One further point for Dominica is the backlog of CBI applications. This is already built into the figures above. But as we approach the end of 2024 the backlog is past its peak. We hope and expect processing times will come down rapidly from here.
It depends on family size. However, the donation amount for single applicants is $200,000. There are then government and agency fees on top of this.
It is cheaper to apply through donation than through real estate investment. However, with real estate you retain an asset for use and potential resale.
A variety of documents are required to apply for citizenship by investment in Dominica. The list may vary depending on your personal circumstances. La Vida’s in-house processing team will work closely with you and advise on exactly what will be required. Some of the most common documents required for a citizenship application are:
- Passports and ID cards
- Birth certificates
- Marriage certificates
- Police Reports
- Proof of Address
- Proof of Funds / Bank Statements
- Employment records
- Education records
Dominica passport holders can visit 152 countries and territories worldwide visa free. This represents 58.3% of the world’s wealth measured by GDP and 72.4% of worldwide travel popularity based on international visitors. The 152 total destinations include 132 countries and 21 overseas territories. That’s 67.4% of total worldwide destinations. as a Dominican citizen a second passport can open up a world of opportunities.
Citizenship once obtained in Dominica is for life. However, it is necessary to renew a passport as with any country. These are now biometric in Dominica and require renewal every 10 years. (Children 5 years).
Other than making the required investment applicants will need to pass the Dominica government Due Diligence and Anti Money Laundering requirements. The DD and AML tests are extensive and fees are payable on application. However before committing La Vida can provide an initial and free assessment on your likelihood of success for the Dominica citizenship investment program through our own due diligence pre-screening. In addition to our own tests this uses the two most prominent commercially available products available to scan for potential issues and adverse media. Please contact our advisors if you would like your free assessment before proceeding.
The Commonwealth of Dominica Citizenship Act became law in 1978 and the CIP programme was launched in 1993. It legislated for investors who met the Dominica citizenship requirements to obtain a naturalisation certificate in return for investing in the Dominica CIP.
How Can La Vida Help You?
Only certain international agents are authorised to promote the Dominica program (although many operate as sub agents). As a Licenced Promoter La Vida is approved by the Dominican government to promote the Dominica Citizenship by Investment program directly through our own licence as we do for the other four Caribbean countries offering citizenship through investment programmes. La Vida has extensive global reach with our expert team having helped clients in over 150 countries worldwide.