Dominica’s passport is obtained either by birth or descent, naturalisation after seven years of residence, or by marriage to a Dominica citizen. But the fastest and most secure route to citizenship for the wealthy is through investment.
The government’s citizenship by investment programme has been in place in Dominica since 1993. It is in demand among investors, with 5,814 receiving passports between 2017 and 2020 alone. Chinese nationals make the majority of the programme’s applicants.
The Dominica citizenship program has two opinions for investors.
A non-refundable contribution to the Dominica Economic Diversification Fund is the first option. The minimum required amount is $100,000, depending on family composition.
The Dominica government spends the fund’s money on disaster relief, building earthquake-resistant houses, schools and hospitals. There are also plans to open a geothermal power plant and an international airport.
The purchase of real estate is the second option. Investors buy shares, apartments and villas in government-approved projects. These are usually five‑star hotels and resort complexes.
Examples of investment property in Dominica
Visa-free entry to China, Schengen Area and the UK is also available for citizens of Grenada. This country’s passport can be obtained by investment as well, in exchange for a non-refundable contribution or the purchase of real estate.
Participating in the Grenada citizenship by investment programme is more costly than the Dominica programme. Below are estimated second citizenship expenses for a family of four.
Comparison of second citizenship costs for a family of four: spouses and children aged 7 and 19