Who can 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.
Investors can apply for citizenship not only for themselfes. Family members are added to the application:
- children under 30;
- disabled children;
- parents and grandparents, their spouses;
- unmarried and childless siblings under the age of 25.
The application includes relatives of the main applicant and their spouse. Adult family members need to prove that the applicant financially supports them otherwise they will not be able to get passports.
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 contribution to the state fund
|Family composition||Minimum investment|
|Main applicant and spouse||$150,000|
|Main applicant and 2-3 other family members||$175,000|
Participation of siblings from 18 to 25 years old costs $50,000 for each brother or sister.
Money from the fund is spent on the development of medicine, infrastructure, education and green energy. We talked about this in the article “How much Dominica has earned over the past three years and what this money is spent on.”
Purchase of commercial real estate. A share in real estate valued at least $200,000 is eligible 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.
Example of investment real estate project in Dominica
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.
Participation of brothers and sisters is paid separately: $25,000 for minors and $50,000 for those over 18 years old.
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 legal services. The total amount depends on the number of family members.
Procedure of obtaining Dominica citizenship by investment
To become Dominica citizens, cosmopolitans turno licensed program agents. You can not collect and submit documents on your own.
The agent conducts a preliminary Due Diligence check and concludes an agreement with the applicant. Lawyers complete a package of documents and send an application for participation in the program.
Due Diligence in the CBI unit is the next step. It usually lasts 2—6 months. If everything is in order, the applicant's candidacy is approved for participation in the program. You can pay for the investment and receive a passport.
The whole process takes 3 to 7 months. Most of the time, the investor only needs to hand over the documents that the lawyers will ask for. The agent company will take care of the rest. The procedure for issuing passports is completely remote, and you do not need to fly to Dominica.
Frequently asked questions
An investor over 18 with legal income, no criminal record, or serious illnesses may apply for Dominica citizenship. Their spouse, children under 30, siblings under 25, 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.
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.
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 legal 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.
Dominica citizenship allows you to travel to 145 countries visa-free, including the UK and the Schengen states. So, the Dominica passport is quite strong: it is among the top 50 in the world.
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, siblings under 25, and parents of any age may be included in the application. Each adult family member except the spouse must be financially dependent on the investor.
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.
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.