dominica

Visa-free travel to over 130 countries

No taxes for nonresidents

No physical residency requirement

Required Investment from 200,000 USD

Introducing Dominica

Officially the Commonwealth of Dominica, boasts the island ‘s beautiful beaches and sandy pristine, mountains green leafy, and tracts of forest tropical rain, and the best place for diving and sport walking distances long in the area of the sea Caribbean . A diverse mix of English, French, African and Caribbean peoples and cultures , Dominica is a stable country politically and economically with the lowest crime rate in the region . Therefore , Dominica recognizes dual citizenship.

The economic citizenship program offers applicants some of the advantages and privileges :

Dominica Benefits

The Economic Citizenship Programme offers applicants a wealth of benefits and privileges:

  • No physical residency requirements.
  • Inclusion of dependent children under 30.
  • Inclusion of dependent parents and grandparents over 55.
  • No education or managerial experience required.
  • Visa-free travel to over 130 countries, including Europe’s Schengen zone, Hong Kong, Malaysia, Singapore and Turkey, Russia, UAE ETC.
  • Lifetime citizenship is irrevocable once granted.
  • No taxes for nonresidents.

Capital

Rousseau

Time Zone

UTC - 4

Languages

English

Currency

East Caribbean Dollar (XCD), pegged to the US dollar.

Exchange Rate

1 US dollar equals 2.7 East Caribbean dollars (2023)

Population

72,488 (2023)

Get started and receive free consultation.

Program Requirements

Applicants must meet one of the following investment options:

Donate to The Economic Diversification Fund (EDF)

For Single Applicants:
A single applicant is required to make a nonrefundable contribution of US$200,000 to the Government Fund.

For  Family Applicants:

Option 1:  Applicant + Spouse

A nonrefundable contribution of US$250,000 qualifies the main applicant and the applicant’s spouse.

Option 2: Applicant + up to three qualifying dependents

A nonrefundable contribution of US$250,000 qualifies the main applicant and up to three dependents. An additional US$25,000 is required for each additional dependent, other than a spouse.

US$40, 000 for additional dependents 18 years of age or older.

Purchase a Property

Applicants may purchase property valued at a minimum of US$200,000 in a government-approved real estate development. The investment must be maintained for a minimum of three years. If maintained and sold after five years, the property qualifies the next buyer for citizenship as well.

Other Requirement

Banned Nationalities: Belarus, Russia, Northern Iraq, Yemen, North Korea and Sudan

To qualify for citizenship, applicants must fulfill the below conditions:

  • Be of outstanding character.
  • Hold no criminal record.
  • Have a high personal net worth.
  • Have excellent health.
  • Holds no UK visa rejection.

The Process

1.

Client shares passport copy/ies for pre-screening

2.

Once cleared, we prepare a retainer agreement for signing

3.

iKonnect assists client with preparation of documents

4.

iKonnect submits files to citizenship by investment unit