COMMOMWEALTH OF DOMINICA

The Commonwealth of Dominica developed its highly reputable Citizenship by Investment Program, which allows foreign investors of good character to make an economic contribution to Dominica. In exchange, they and their families are granted full citizenship of the country, within the strict guidelines of the law.

The Citizenship by Investment Program of Dominica has been operating since 1993 and is legally entrenched in the Dominican Constitution and the Citizenship Act.

Under current regulations, to qualify for citizenship of the Commonwealth of Dominica under its Citizenship by Investment Program, the Government requires either a contribution made into the Government Fund amounting to USD100,000 depending on the number of dependents included in the application or an investment in designated Real Estate with a value of at least USD 200,000. Additional payments for any dependents included in an application, due diligence fees, government fees and other fees are also payable.

BENEFITS

• Citizenship for life
• Dominica recognizes dual citizenship, so there is no need to renounce your other citizenship
• You are not obligated to reside in Dominica to maintain your citizenship
• Visa-free travel to more than 160 countries around the world including the European Union countries
• Great privacy and asset protection
• As a commonwealth citizen, after graduation, you have the privilege to study and work in the UK
• No restrictions on doing business globally, including doing business in the United States

Depended Children above 18

A dependent under the law is:

• A child of the main applicant or his or her spouse between 18 & 25 years of age who is in full time attendance at a recognized institution of Higher Learning and is fully supported by the main applicant.
• An unmarried daughter of the main applicant who is under 25 years of age and is living with and fully supported by the main applicant.
• A child of the main applicant or spouse of the main applicant who is above the age of 18 years and physically or mentally challenged and who is fully supported by the applicant.

CITIZENSHIP INVESTMENT OPTION

Option I- Government Fund

The Government Fund was established through the economic citizenship program as one component of a national capital mobilization portfolio towards an ultimate goal of national development for Dominica.

Generated funds are utilized for public and private sector projects where a need is identified. Public sector projects identified for financing under the program include (1) building of schools, (2) renovation of the hospital, (3) building of a national Sports stadium and (4) towards the promotion of the Offshore Sector. With respect to private sector projects, government emphasis is on the tourism, information technology and agricultural sectors and therefore public sector projects to be financed under the program will fall within one of these sectors.

To qualify for citizenship under this investment option, there are four investment categories with different contribution amounts, based on the number of dependents included in the application, which are as follows: