Overview of the Program

The Commonwealth of Dominica offers a Citizenship by Investment (CBI) program that allows individuals and their families to obtain citizenship through significant economic contributions. Established in 1993, this program aims to attract foreign investment to stimulate economic growth while providing a pathway for investors to gain citizenship and enjoy various benefits.

Investment Options

To qualify for citizenship under the CBI program, applicants must choose one of two primary investment options:

• Economic Diversification Fund Contribution: A minimum donation of USD 200,000 is required. This fund supports various development projects within the country.
• Real Estate Investment: Applicants can invest in government-approved real estate projects with a minimum investment starting at USD 200,000.

Both options require that the funds be legally obtained and that applicants pass a due diligence process.

Eligibility Criteria

To be eligible for the Dominica CBI program, applicants must meet several criteria:

1. Age Requirement: The main applicant must be at least 18 years old.
2. Clean Criminal Record: Applicants must provide proof of no criminal history.
3. Health Requirements: Candidates should demonstrate good health and not suffer from any contagious diseases.
4. Financial Stability: Proof of legal sources for the funds used in the investment is necessary.

Additionally, dependent family members such as spouses, children aged 16 and older, and dependent parents can be included in the application.

Application Process

The application process involves several steps:

Choose an Investment Option: Decide between contributing to the Economic Diversification Fund or investing in real estate.

Prepare Required Documents: Gather necessary documents including a valid passport, proof of investment, health insurance, and other supporting documents.

Submit Application: Submit the application along with all required documentation to the Citizenship by Investment Unit (CBIU).

Due Diligence Check: Undergo a thorough due diligence process conducted by a private investigative agency to ensure credibility and integrity.

Approval and Oath of Allegiance: Once approved, applicants must take an oath of allegiance before receiving their citizenship certificate.

Citizenship Issuance: After completing all requirements, successful applicants will receive their citizenship certificate within approximately four to six months.

There are no mandatory residency requirements; however, new citizens are encouraged to engage with Dominica’s economy actively.

Benefits of Citizenship

Obtaining citizenship through Dominica’s CBI program comes with numerous advantages:

1. Visa-Free Travel: Holders can travel visa-free or with visa-on-arrival access to over 140 countries worldwide, including Schengen Area countries, the UK, Singapore, and more.
2. Right to Live and Work in Dominica: New citizens have the right to reside in Dominica indefinitely without any restrictions on employment or business activities.
3. Dual Nationality Allowed: There are no restrictions on holding dual nationality; thus, applicants do not need to renounce their current citizenship.
4. Access to Natural Beauty and Quality Living Standards: Citizens can enjoy Dominica’s stunning landscapes, tropical climate, low crime rates, and high living standards.

In summary, Dominica’s Citizenship by Investment program provides an attractive option for individuals seeking second citizenship through financial contributions while enjoying numerous global mobility benefits and quality living conditions.