Citizenship
16 October, 2024
Reading Time: 5 min

How to obtain Dominica citizenship by investment

Dominica citizenship can be obtained in various ways; the fastest, however, is by investment. To partake, a foreigner needs to invest at least $100,000 in a state fund or $200,000 in real estate.

An investor may include family members in the application. Dominica investment citizenship is issued within 3 to 7 months and opens visa-free travel to 134 countries.

Zlata Erlach

Author •Zlata Erlach

Told how an investor can get Dominica citizenship

Dominica CBI program

How to obtain Dominica citizenship by investment

Requirements to get Dominica citizenship by investment

In order for an investor to apply for Dominica citizenship, they must be 18 years old. It is important that they do not have a criminal record or serious illnesses.

The applicant also needs to prove that the money for investment under the program was obtained from legal sources. To do this, they provide financial documents that confirm the origin of money: statements, reports, and contracts. The citizenship by investment unit checks and decides whether the applicant can be issued a Dominica passport.

Caption: What unique opportunities the Dominica CBI program offers

Investors can apply for citizenship not only for themselfes. Family members are added to the application:

  • a spouse;

  • children under 18;

  • parents over 65 who are financially dependent on the investor.

Adult family members need to prove that the applicant financially supports them otherwise they will not be able to get passports.

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Procedure of obtaining Dominica citizenship by investment

The process of obtaining a Dominica passport by investment will take approximately 3 to 7 months. There is no need to visit the country to get the passport because a courier delivers it to any place convenient.

1

1 day

Preliminary Due Diligence

A confidential preliminary background check is required to detect potential rejection risks timely.

2

2—4 weeks

Collecting documents

Immigrant Invest lawyers provide an investor with a list of documents. Applicants collect the documents, translate them, and notarise them.

3

1 day

Submitting the application

Once the documents are collected, together with the application forms, they are submitted to the Dominica Citizenship by Investment unit.

4

2—6 months

Due Diligence and an interview

The CBI unit checks program compliance on each applicant over 16 years old. Due Diligence costs $7,500 for an investor and $4,000 per family member over 16 years old.

All applicants over 16 should pass a mandatory interview with the CBI unit.

5

Up to 30 days

Investing

Once the application is approved, an investor should transfer the money to the state fund or buy real estate shares.

6

Up to 4 weeks

Getting a Dominica passport

After an investor fulfils the program conditions, the CBI unit starts preparing a passport and a naturalisation certificate. They are ready within a month and delivered by a courier.

How much to invest in obtaining Dominica citizenship

The Dominica citizenship program provides two investment options: a government contribution and real estate purchases.

A contribution to a state fund. The amount of the contribution starts at $100,000; this is how much an investor will contribute if they apply for citizenship only for themselves. The larger the family, the larger the contribution.

Amount of investment to the state fund

Family composition

Minimum investment

A single applicant

$100,000

The main applicant and their spouse

$150,000

The main applicant and 23 other family members

$175,000

Money from the fund is spent on the development of medicine, infrastructure, education and green energy.

Purchase of commercial real estate. A share in real estate valued at least $200,000 is obligatory to participate in the Dominica program. It can be resold after five years from the date of obtaining citizenship. The amount is fixed and does not depend on the number and age of family members.

Examples of properties in Dominica

https://immigrantinvest.com/wp-content/uploads/2020/08/0025-image-1400x875-1.jpeg

location iconDominica, Roseau

$216,000 — $3,800,000

Share and villas in a six-star resort
bed icon1—2
bathroom icon1

In addition to investing in real estate, applicants pay a state fee:

  • $25,000 for the main applicant;

  • $35,000 for a family of up to 4 people;

  • $60,000 for a family of 4—6 people;

  • $70,000 for a family of 7 or more.

Both when making a contribution to the state fund and when buying real estate, there are additional costs: Due Diligence, information processing, issuance of passports and naturalisation certificates, and payment for professional services. The total amount depends on the number of family members.

Individual cost calculation for Dominica citizenship

Individual cost calculation for Dominica citizenship

Benefits and drawbacks of obtaining Dominica second citizenship

Safe haven abroad. An investor with a Dominica passport can freely enter and exit the country at any time, even if the borders are closed. It might be crucial in case of an unstable political situation in the country of residence.

At the same time, it is not obligatory to reside in Dominica to keep the passport.

Travel to 134 countries visa-free. A citizen of Dominica can travel without visas to the countries of the Schengen Zone, China, Hong Kong, and Singapore. Visa issuance to India, Taiwan, and South Korea is simplified: Dominica citizens will need an electronic visa to enter them.

Possibility to get a long-term US visa. A holder of a Dominica passport can get a US visa type B‑1 for business or B‑2 for tourism. Both are issued for 10 years and allow its owner to stay in the USA for up to 180 days a year for personal or business goals.

Tax benefits. Dominica does not collect global income tax if its citizen does not reside in the country permanently. Also, there are no capital gains and inheritance taxes in Dominica.

Citizenship for the family. Dominica CBI program allows to include family members in the application: a spouse, children under 30 years old, and parents. So not only an investor, but the whole family gets access to all the perks of being Dominica citizens.

Dual citizenship is allowed. There is no need to renounce one’s other passport to get Dominica nationality; unless it is not allowed by the other country.

The process is fast and convenient. Getting the passport takes a few months. The procedure can be done almost fully remotely, so investors only need to visit the country once for an interview. There are no requirements to stay in Dominica after getting nationality. There are no language or history exams.

Drawbacks of Dominica investment citizenship. However, there are some aspects of Dominica passport one should consider before making a decision:

  • residents who stay in the country for more than 183 days a year must pay both local and global income taxes;

  • Dominica has hurricane season lasting from June till the end of November which poses a risk to property and infrastructure;

  • there is a new rule that obliges Dominica citizens to get a visa to enter the UK.

Required documents to get Dominica citizenship

To obtain Dominica investment citizenship, the main applicant and their family members need to provide a list of documents. It includes:

  • a fingerprint and photograph verification form, D2;

  • a medical questionnaire and certificate, form D3;

  • 2 notarised copies of an application form 12;

  • copies of all passports held;

  • a birth certificate;

  • a marriage or divorce certificate, if applicable;

  • for applicants of 16 years old or older: a police record from a country of birth, citizenship, residence, and any other country in which the applicant has resided for more than half a year in the past 10 years;

  • for children of 12 to 15 years old: a sworn affidavit by a parent that a child does not have a criminal record;

  • a copy of a driver’s license;

  • copies of all identity documents;

  • copies of military service and discharge documents if applicable;

  • copies of all documents evidencing a name change other than through marriage, if applicable;

  • eight passport-size photos;

  • proof of residential address;

  • copies of university or college diplomas;

  • for children of 12 to 18 years old: a letter of recommendation from a head of the school or university;

  • for children over 18: an official transcript from a current college or university or a letter from a competent authority that confirms enrolment;

  • for all applicants of 12 or older: HIV test results;

  • routine medical test results.

There are some documents only an investor has to provide. These documents are:

  • a disclosure form, D1;

  • for a fund contribution option: an investment agreement;

  • for a real estate option: a sales and purchase agreement;

  • a notarised affidavit of support for each dependant over 18 other than a spouse;

  • one professional reference;

  • a letter of employment or a financial statement;

  • bank statements of the past 12 months;

  • a notarised affidavit of the source of funds;

  • detailed business background reports or CV;

  • proof of payment of relevant fees;

  • a letter to the Minister;

  • proof of payment of relevant fees.

All copies should be coloured, translated to English, and notarised. The main applicant and adult dependants must sign forms where a signature is required. For minor children, forms must be signed by both parents or by the child’s legal guardian.

To proceed with the investment, an investor must provide a bank in Dominica with their bank reference and audited financial reports for the two recent years.

Key takeaways about Dominica citizenship by investment

There are several ways to obtain Dominica nationality. A person born in Dominica or to a Dominican parent automatically becomes a citizen of Dominica. It is possible to get citizenship by naturalisation or by marriage, and it takes seven and three years of living in the country accordingly.

The fastest way is to participate in the Dominica citizenship by investment program. To qualify, an investor must be over 18 years old, have legal income, no criminal record, and no serious illnesses. An investor may include in the application a spouse, children under 30, and parents over 65.

There are two investment options. The first option is a non-refundable contribution of at least $100,000 to a state fund. The second option is to purchase real estate or real estate shares worth a minimum of $200,000 with the possibility of selling it three years later.

The Dominica CBI program gives its participants various advantages. A Dominica citizen gains a safe haven abroad, gets to travel to 134 countries without visas, and may get a US 10-year visa. It is allowed both to move to a Caribbean island with a family or to not visit the country without passport cancellation. It is allowed to have dual citizenship in Dominica.

To get Dominica citizenship, an investor takes several steps. They are preliminary Due Diligence, collecting and submitting documents, Due Diligence, and investment. The process takes three to seven months. It is necessary to visit Dominica for an interview.

Immigrant Invest is a licensed agent for citizenship and residence by investment programs in the EU, the Caribbean, Asia, and the Middle East. Take advantage of our global 15-year expertise — schedule a meeting with our investment programs experts.

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Frequently asked questions

  • How to get a Dominica passport by investment?

    An investor over 18 with legal income, no criminal record, or serious illnesses may apply for Dominica citizenship. Their spouse, children under 30, and parents may also be included in the application.

    To obtain Dominica citizenship, applicants turn to a licensed program agent, collect required documents, and undergo Due Diligence. After the approval is received, they may make a non-refundable contribution to the Dominica Economic Diversification Fund or purchase government-approved properties.

    The minimum investment sum is $100,000 for the option of contributing to the fund and $200,000 for buying real estate.

  • How long does it take to get citizenship in Dominica?

    Usually, it takes 3 to 7 months to obtain Dominica citizenship. The longest stage is the Due Diligence check conducted by the CBI unit, lasting for 2 to 6 months.

  • How much does it cost to obtain a Dominica passport?

    The costs of obtaining Dominica citizenship depend on the chosen option and family composition. An investor makes a non-refundable contribution to a state fund or buys a share in commercial property. There are also payments for professional services and government fees.

    The minimum investment sum for the option of contributing to the state fund for a single applicant is $100,000, and for a family of four, it is $175,000.

    If an applicant chooses to buy real estate, they invest $200,000 for the whole family and pay a government fee from $25,000 to $70,000, depending on the number of family members in their application.

    The total amount of costs may be counted for you individually. Please, let us know if you want to get a cost calculation based on your family’s composition.

  • How strong is the Dominica passport?

    Dominica citizenship allows you to travel to 134 countries visa-free, including the Schengen states. So, the Dominica passport is quite strong: it is among the top 50 in the world.

  • What are the Dominica citizenship benefits?

    Dominica citizenship gives access to various benefits. Investors with a Dominica passport can:

    • travel visa-free to 134 countries, including the Schengen Zone, the UK, Singapore, China, and Hong Kong;

    • apply for a 10-year visitor visa to the USA;

    • optimise taxes;

    • include family members in the application;

    • create a “safe haven” in Dominica.

  • What are the requirements for investors applying for Dominica citizenship?

    To qualify for the Dominica CBI program, an investor needs to meet several criteria. The main applicant should be:

    • over 18 years old;

    • able to prove the legality of income;

    • with no criminal record or severe illness.

    The investor’s spouse, children under 30, and parents over 65 years may be included in the application. Each adult family member except the spouse must be financially dependent on the investor.

  • Is it possible to get Dominica citizenship by investment in real estate?

    Investors may purchase shares in government-approved properties to obtain Dominica citizenship. They have to invest $200,000. The real estate may be sold three years after the citizenship has been granted.

  • How to renew a Dominica passport?

    A Dominica passport is usually valid for ten years, and for children under 16, its validity period is five years. When the expiring date is coming, investors turn to the program’s licensed agents to renew their passports.

    The renewal procedure is entirely remote. The passport fee is $361 for a person, and an applicant also pays for the document’s delivery, bank commission and other costs. Usually, Dominica passport renewal takes about four weeks.

  • Can you get dual citizenship in Dominica?

    Yes, it is allowed to have dual citizenship in Dominica. An investor does not need to renounce their other passports unless it is not prohibited by the other countries.