LOCATION: Eastern Caribbean, between the French islands of Guadeloupe to the north and Martinique to the south
POPULATION: : 72,048
LANGUAGES SPOKEN: English, French Patois
CURRENCY: East Caribbean Dollar (XCD)
NEAREST AIRPORT: Dominica
MAJOR INDUSTRIES: Tourism, Agriculture, Manufacturing
Resting in the heart of the Eastern Caribbean archipelago between Martinique and Guadeloupe, The Commonwealth of Dominica is a former British colony and a member of the Commonwealth of Nations, as well as the United Nations, the Organization of American States, CARICOM, and other international organizations.
The Dominican Island boasts pristine sandy beaches, lush green mountains, acres of unspoiled tropical rainforests, and some of the best diving and hiking in the Caribbean. Dominica is a politically and economically stable state with the lowest crime rate in the region. Dominica also recognizes dual citizenship.
Its citizenship-by-investment program was established in 1993 to boost the country’s largely agriculture-based economy. Citizenship by investment of Dominica comes with a wide array of benefits. It is these benefits that attract investors to their shores, and ultimately help them seize fresh opportunities, live new adventures, and experience life like never before.
Economic citizens of Dominica:
The Economic Diversification Fund (EDF) is a Dominican Government program supporting socio-economic initiatives with the aim of driving national development.
To qualify for Dominican citizenship through the Citizenship by Investment program, applicants must make a non-refundable contribution to the EDF.
To qualify for Dominican citizenship under the real estate option of its Citizenship by Investment programme, the applicant must purchase authorised property worth at least USD $200,000. The applicant is obligated to hold the property for three years from the date of citizenship is granted, and will only be able to re-sell the real estate under the Citizenship by Investment programme after five years.
Once the application for Dominica citizenship by real estate investment is approved, the government fees also applies which ranges from USD 25,000 for a single applicant to USD 70,000 for a family of seven or more including the main applicant.
Application Processing time: 3 months from the receipt of a fully completed application.
No minimum stay requirement.
1. Please note, all information provided here should not be considered legal advice.
2. The text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its contents.