The Citizenship by Investment Program allows investors and their family members to obtain full legal citizenship and passports when they make a significant investment in Dominica which qualifies under the Citizenship by Investment Regulations. Presently, there are two qualifying investments: a contribution to the Economic Diversification Fund starting from USD 100,000, or the purchase of authorized property valued at least USD 200,000.
1) meet the `economic diversification fund` or`real estate` investment option below:
A) ECONOMIC DIVERSIFICATION FUND OPTION
The Economic Diversification Fund (EDF) is a Dominican Government program supporting socio-economic initiatives with the aim of driving national development.
Applicants may choose to make their eligible investment by a monetary contribution starting from US$ 100,000 per application to the Economic Diversification Fund.
This contribution is non-refundable.
B) REAL ESTATE INVESTMENT OPTION
To obtain citizenship by acquiring property in Dominica, the property purchased must equal a minimum of US$ 200,000 in a pre-approved real estate development, in addition to the applicable fees. This investment must be maintained minimum 3 (three) years in order to maintain Dominican citizenship. The real estate may be sold after 5 (five) years of obtaining the citizenship.
Applicants are required to undergo a medical check and must have no criminal record.
A due diligence inquiry will be conducted.
No specific requirements related to minimum business experience or minimum assets.
For more information regarding Dominica Citizenship by Investment Program, please contact us.