Welcome to Dominica Citizenship By Investment
Welcome to the enchanting world of Dominica, a hidden gem in the Caribbean that boasts unspoiled natural beauty, a rich cultural heritage and a promising economic landscape. The island’s lush rainforests, mesmerizing waterfalls and crystal-clear waters make the Dominica Citizenship by Investment program an irresistible choice for investors who value both quality of life and smart financial decisions.
Since its establishment in 1993, the Dominica Citizenship by Investment program (CBI) has steadily gained popularity. Over the years, this tropical paradise has become a top destination for people in search of new opportunities, boundless freedom, and a secure, welcoming environment.
A Dominican passport opens up a world of possibilities, providing extensive global mobility for its holders. The nation itself is known for its political and economic stability, as well as a favorable tax system. With a thriving eco-tourism industry, growing agricultural exports and a strong Citizenship by Investment program, Dominica is the perfect place to plant the seeds for a bright and prosperous future for you and your loved ones.
About The Island
Dominica, officially the Commonwealth of Dominica, is a tropical paradise nestled in the heart of the Caribbean. This stunning island nation boasts extraordinary scenery, a vibrant local culture and an attractive investment environment. By obtaining Citizenship by Investment, you can unlock the potential of this incredible island for you and your family.
CAPITAL
Roseau
POPULATION
66,103
TOTAL AREA
750 km²
CURRENCY
East Caribbean Dollar
Geographical Location and Climate
Dominica is situated between the French territories of Guadeloupe to the north and Martinique to the south, forming part of the Lesser Antilles in the Eastern Caribbean. Covering 290 square miles (750 square kilometers), the island features lush, mountainous, and volcanic terrain, including volcanic peaks, hot springs, and numerous waterfalls.
Dominica has a tropical climate with temperatures ranging from 75°F (24°C) to 85°F (29°C) year-round. The island experiences two distinct seasons: the wet season from June to November, coinciding with the Atlantic hurricane season, and a dry season from December to May. The island’s mountainous landscape and abundant rainfall contribute to its lush greenery and fertility, earning it the nickname “Nature Island.“
Language and Culture
Dominica’s rich cultural heritage is a reflection of its diverse history. While English is the official language, many residents also speak French Patois (Kwéyòl), which is a French-based Creole language. The island is also home to the Kalinago people, the indigenous inhabitants of Dominica who have preserved their unique customs and traditions.
Dominica’s culture blends African, European and indigenous influences, creating a vibrant mix of music, dance, cuisine and folklore. The annual World Creole Music Festival and the island’s vibrant Carnival celebration showcase the island’s cultural diversity and creativity.
As a member of the Organisation of Eastern Caribbean States (OECS) and the Caribbean Community (CARICOM), Dominica enjoys close political, economic and social ties with other Caribbean nations, further enriching its cultural landscape.
Economic Overview
Dominica’s economy is primarily driven by tourism, agriculture and its Citizenship by Investment program. The island is well-known for its eco-tourism, offering activities such as hiking, bird-watching and scuba diving. Dominica’s pristine rainforests, crystal-clear waters and rich marine life attract travelers seeking sustainable and authentic Caribbean experiences.
Agriculture remains an important sector of the island’s economy, largely dominated by the production of bananas, citrus fruits and other tropical crops. Additionally, Dominica has been diversifying its agricultural exports to include niche products such as coffee, cocoa and essential oils.
Dominica’s Citizenship by Investment program has become a major contributor to Dominica’s economic growth. By offering foreign investors the opportunity to obtain citizenship through various investment options — such as a non-refundable contribution to the Economic Diversification Fund (EDF) or an investment in pre-approved real estate projects — the program has generated significant revenue. These funds have been invested in infrastructure, education, healthcare and other sectors.
Why Choose The Dominica Citizenship Program
FAST APPLICATION PROCESS
You can obtain your Dominican Citizenship in as little as 3-4 months, without the need to visit or reside in Dominica.
VISA-FREE TRAVEL
Once your Dominican citizenship is approved, you can travel to over 145 countries visa-free, inlcuding many countries in the Schengen Area, United Kingdom, various Asian and African destinations, and several countries across the Americas and the Caribbean.
FAMILY SAFETY AND FUTURE SECURITY
Dominica allows dual citizenship, therefore, there is no need to renounce your original citizenship. Your spouse, dependent children, and parents can apply for their Dominican passports along with you.
BUSINESS BENEFITS
Dominica offers a tax-friendly environment with no capital gains, inheritance, or wealth taxes, making it an attractive hub for regional and international business expansion. Citizens also benefit from incentives like corporate tax holidays, duty exemptions, tax relief, and export allowances, fostering profitability and growth.
How to Qualify for the Dominica Citizenship by Investment Program
Who Can Apply For The Dominican Citizenship By Investment Program?
The Dominica Citizenship by Investment program is an exceptional opportunity for foreign nationals to obtain dual citizenship, offering a wealth of benefits such as increased travel freedom and improved lifestyle security. Applicant’s must meet the below criteria:
Main Citizenship Applicant
For successful enrolment into the Dominica citizenship program, the main applicant is expected to:
- Be above 18 years of age.
- Exhibit outstanding character traits.
- Have an excellent health condition.
- Possess no criminal records.
- Pass an in-depth background examination.
- Have certified in writing that, if granted citizenship of Dominica, they will not seek to change their name within five years of receiving a certificate of naturalization, except through marriage.
- Must not have been denied citizenship in another country or a visa to the EU, UK, USA, or Canada.
Eligible Dependents
Dominica’s commitment to promoting family unity extends to its Citizenship by Investment Program. The following family members can be included in your application and subsequently become proud holders of the Dominica passport:
- The spouse of the main applicant.
- A child under 18 years old of the main applicant or their spouse.
- A child aged 18 to 30 of the main applicant or their spouse who is enrolled at a recognized institution of higher education and fully financially supported by the main applicant or their spouse.
- An unmarried daughter of the main applicant or their spouse under 25 years old, living with and fully financially supported by the main applicant or their spouse.
- A child of the main applicant or their spouse aged 18 or older who is physically or mentally challenged and fully financially supported by the main applicant or their spouse.
- Parents or grandparents of the main applicant or their spouse aged 65 or older who are substantially financially supported by the main applicant or their spouse.
Banned Nationalities
Please note that nationals from Belarus, Russia, and Northern Iraq are not eligible to apply for Dominican Citizenship by Investment. This includes individuals from the Kurdistan region of Iraq, specifically those from the cities of Erbil, Amedi, Dahuk, Kirkuk, Lalish, Raniya, Soran, Sulaymaniyah, and Zakho.
Applications from nationals of Yemen are suspended, as per the Government Circular dated 15 January 2024.
Applications from nationals of North Korea and Sudan will be denied unless the applicant:
- Has not lived in these countries for at least 10 years.
- Has no substantial assets located there.
- Has not conducted any business or related activities, in whole or in part, within or in connection with these countries.
Applicants meeting these criteria may be subject to enhanced due diligence fees, which will be borne by the applicant.
Best Suited Nationalities for the Dominican Citizenship by Investment Program
While open to all eligible applicants regardless of their existing citizenship, our experience reveals that the Dominica citizenship program is particularly beneficial for nationals hailing from Afghanistan, Africa, the Arab region, and Iran.
These expats find numerous advantages in Dominican citizenship due to the vast array of benefits a second residency or citizenship offers. These include heightened physical safety, better education and healthcare facilities, and broader travel opportunities via the Dominica passport – an esteemed travel document recognized globally.
For example, only five countries globally, including Dominica, accept citizenship applications from Afghan nationals. It’s worth noting that those Afghan nationals who migrated before the age of majority and/or have maintained permanent residence in another country for at least 10 years are also welcome to apply under certain conditions.
Dominican Citizenship By Investment (CBI) Investment Options
The Dominica Citizenship By Investment Program (CIP) offers potential investors two main routes to obtain citizenship in the beautiful Caribbean island nation.
1. Economic Diversification Fund (EDF)
The first investment option is a direct monetary contribution to the Economic Diversification Fund (EDF). This non-refundable donation supports the development of key sectors in the country, including education, healthcare, and infrastructure.
The minimum investment for a single applicant is USD 200,000, or USD 250,000 for the main applicant and up to three qualifying dependents. Any additional dependents under 18 years old will require an additional USD 25,000 and for additional dependents 18 years of age or older, an additional USD 40,000.
Additional Fees (EDF Option)
| Main Applicant | Spouse | Children under 16 years of age | Children over 16 years of age | |
|---|---|---|---|---|
| Due Diligence Fee | USD 7500 | USD 4000 | Nil | USD 4000 |
| Application Processing Fee | USD 1000 | USD 1000 | USD 1000 | USD 1000 |
| Registration Fee | USD 750 | USD 750 | USD 750 | USD 750 |
| Citizenship Certificate Fee | USD 500 | USD 500 | USD 500 | USD 500 |
| Expedited Passport Fee | USD 1200 | USD 1200 | USD 1200 | USD 1200 |
| Interview Fee (16 and over) | USD 1000 | USD 1000 | USD 1000 | USD 1000 |
2. Real Estate Investment
The second investment route is the purchase of government-approved real estate. The minimum investment required for this option is USD 200,000, and the property must be held for a minimum of three years. In addition to the investment amount, there are government, due diligence, and processing fees that applicants must pay.
The list of 9 approved real estate projects can be seen here.
Both investment options offer several benefits, including visa-free or visa-on-arrival access to over 145 countries, no requirement to reside in Dominica, no wealth or income tax, and the ability to include family members in the application. Moreover, the application process takes only approximately three to six months and can be conducted remotely.
Additional Fees (Real Estate Option)
| Main Applicant | Main Applicant and up to Three Dependents | Spouse | Children under 16 years of age | Children over 16 years of age | |
|---|---|---|---|---|---|
| Due Diligence Fee | USD 7500 | USD 7500 | USD 4000 | Nil | USD 4000 |
| Application Processing Fee | USD 1000 | USD 1000 | USD 1000 | USD 1000 | USD 1000 |
| Government Fees | USD 75,000 | USD 100,000 | USD 25,000 | USD 25,000 for additional dependents | USD 40,000 for each additional dependent |
| Registration Fee | USD 750 | USD 750 | USD 750 | USD 750 | USD 750 |
| Citizenship Certificate Fee | USD 500 | USD 500 | USD 500 | USD 500 | USD 500 |
| Expedited Passport Fee | USD 1200 | USD 1200 | USD 1200 | USD 1200 | USD 1200 |
| Interview Fee (per application) | USD 1000 | USD 1000 | USD 1000 | USD 1000 | USD 1000 |
Please note that for both forms of investment, Iranian applicants will incur enhanced due diligence fees of USD 25,000 for the main applicant, USD 15,000 for the spouse and any dependents over 16 years, and USD 10,000 for dependents aged 12-15 years. These fees include the original due diligence fees, so applicants will not be required to pay the original due diligence fees in addition to the enhanced fee.
Dominican Citizenship By Investment Application process And Timeline
Gaining Dominican Citizenship by Investment requires going through specific steps and processes to meet specific legal, financial, and character requirements outlined by the government’s Citizenship By Investment Unit (CBIU).
1. Partner With Next Generation Equity
Before starting the application process, it’s crucial to establish a professional relationship with an Authorized Agent (like Next Generation Equity) who will act as your direct link with the CBIU. We will ensure we maintain complete confidentiality of all your personal information conveyed during this process.
2. Choose Your Type of Investment
The next step to obtaining Dominican Citizenship by Investment is deciding between either an economic contribution to a government-established fund or purchasing approved property in the country.
3. Submit an Application
You need to sign the relevant forms that your authorized agent (Next Generation Equity) has put together for you. The CBIU doesn’t accept forms directly from applicants. Your authorized agent will submit the forms on your behalf after you have signed them.
4. Due Diligence Check
All applicants above 16 years of age are subjected to comprehensive due diligence procedures conducted by highly reputable private investigative agencies commissioned by the Government of Dominica. These applicants will need to attend a personal interview either in person or online.
5. Receive Approval
Following satisfactory completion of due diligence checks, usually within 60-90 days from application, you will receive a letter of approval which is known as ‘approved in principle’.
6. Make Your Investment
Once you have been approved in principle, it’s time to make the required economic contributions or real estate investments, depending on which option you have chosen.
7. Recieve Citizenship Confirmation and Passport
After your investment has been made, the CBIU will prepare the documents. Your naturalization certificates will be issued within 4 weeks, effectively rendering you an official Dominican citizen. We will apply for your Dominican passport on your behalf.
Please note that whilst adult passports are valid for 10 years, children’s passports (under 16 years old) only last for 5 years, so they will need to be renewed at any Dominica consulate, embassy, or passport office within Roseau.
Benefits of Dominica Citizenship By Investment
Dominica Citizenship By Investment is an attractive option for individuals and families seeking a hassle-free way to obtain a second passport. As the most affordable Caribbean citizenship program, it offers numerous benefits.
Firstly, the Dominica passport provides ultimate flexibility with a total cost of USD 200,000 for single applicants, making it the most economical choice worldwide. The seamless application process includes no residency requirements or language tests and can be completed remotely without interviews. With processing times ranging from three to six months, obtaining Dominica citizenship can be achieved efficiently.
Including your entire family in your application means this lifelong citizenship will pass down through generations. As Dominica citizens, you and your loved ones will enjoy visa-free access to over 145 countries, including European nations, Russia, China, Singapore, and Hong Kong- providing ample travel opportunities. You will also have full residence status, including working rights, and the ability to hold multiple citizenships.
Taxes in Dominica for Expats
Dominica’s tax system plays a significant role in attracting individuals seeking citizenship through the island’s Citizenship by Investment (CBI) program. Its advantageous tax policies are make Dominica one of the most desirable tax havens for both investors and corporations.
Personal Income Tax in Dominica
Personal income tax rates in Dominica have retained an advantageously low level compared to many global tax schemes.
The tax rates on personal income are as follows:
XCD 0 to XCD 30,000 (USD 11,100)= 0%
XCD 30,001 to XCD 50,000 (USD 18,500)= 15%
XCD50,001 to XCD 80,000 (USD 29,600)= 25%
XCD 80,001 and above= 35%
The average income in Dominica is around XCD 18,000 in 2024, which falls far below the threshold for tax payments.
Dominican citizens enjoy various benefits, including zero capital gains, inheritance, payroll, or property tax. However, it is important to note that global income is taxable for Dominican residents, excluding income exempt under the Tax Act or income that can only be taxed in the jurisdiction where it is earned due to tax treaties.
Income Tax Obligations for Non-residents In Dominica
Non-residents are only taxed on income that is earned or derived from sources within Dominica. This includes income from employment, business activities, property, and investments located in the country. This income will be subject to a flat withholding tax rate of 15% on employment income earned in Dominica. However, business-related income is subject to the corporate tax rate of 25%.
Corporate Tax
Local corporations are subject to a 25% corporate tax rate, while international business companies (IBCs) generally do not pay corporate taxes on income earned outside Dominica. Additionally, Dominica has double taxation treaties with CARICOM countries to prevent the same income from being taxed twice. Non-residents are subject to a 15% withholding tax on earnings such as dividends, interest on deposits, rental income, and royalties.
Property and Other Taxes In Dominica
No taxes are levied on the capital gains from purchasing or selling property in Dominica, encouraging foreign investment. However, municipal taxes, stamp duty, and legal fees may apply during transactions or ownership. The income generated from property sales remains untaxed. Annual road taxes/license fees and registration fees apply for those planning to own vehicles or yachts. Additionally, various taxes impact different sectors of the economy, all designed to bolster Dominica’s socioeconomic environment while maintaining its appeal to overseas investors.
The associated costs with buying and selling property are as follows:
Transfer Tax (Seller)- 2.5%
Transfer Tax (Buyer)- 4%
Judicial Fee (Buyer)- 2.5%
Assurance Fee (Buyer)- 1%
Dominica Citizenship by Investment FAQs
How Much Does it Cost to Become a Dominican Citizen?
The cost of becoming a Dominican citizen varies. Through Citizenship by Investment, a single applicant can contribute USD 200,000 to the Economic Diversification Fund (EDF) or purchase a real estate investment for a minimum of USD 200,000. On top of this, due diligence fees range from USD 8,500 for the main applicant to USD 4,000 for each dependent over 16, and processing fees are USD 1,000 per application.
How Long Does the Dominica Citizenship Process Take?
It typically takes three to six months to obtain Dominica Citizenship, from submitting a complete application to receiving a passport. This timeframe may vary depending on the specific case and the thoroughness of the due diligence process.
How Much Money Do You Need to Retire in Dominica?
To retire in Dominica on a modest budget, you should plan for annual spending of approximately USD 12,000 to USD 18,000 (or USD 1,000 to 1,500 monthly), depending on your lifestyle and housing choices. This covers basic living expenses, including accommodation, utilities, food, and healthcare. However, for a more comfortable retirement, you should allow USD 18,000 to USD 24,000 annual expenditure (USD 1,500 to 2,000 monthly). This budget provides more luxuries, such as dining out at inexpensive restaurants and having a monthly gym membership.
How Can You Become a Permanent Resident in Dominica?
To obtain permanent residency in Dominica, you need to live in the country for five consecutive years. During this period, you must demonstrate good conduct, financial stability, and integration into the local community. Applying for permanent residency involves submitting an application to the Immigration Department and providing necessary documents such as proof of continuous residence, a valid passport, and police clearance certificates. Additionally, you may be required to show proof of financial means to support yourself and any dependents. Successful applicants receive a permanent residency card, granting them the right to live and work in Dominica indefinitely.
Can You Be a Citizen of Dominica Without Being a Tax Resident?
Yes, individuals who are citizens of Dominica but live abroad are not considered tax residents in Dominica. As non-residents, they are not taxed on foreign income or capital gains and are exempt from gift, wealth, and inheritance taxes in Dominica. They will be subject to a flat withholding tax rate of 15% on employment income earned in Dominica. However, business-related income is subject to the corporate tax rate of 25%. Should you choose to reside in Dominica for six months or more in a year after acquiring citizenship, you will be taxed on your worldwide income.
Is Dominica a Good Place to Invest in Real Estate?
Yes, investing in real estate in Dominica is considered a good option due to several factors. The market offers affordability compared to other Caribbean islands, making it financially accessible. Investors can benefit from the numerous perks of Dominica’s Citizenship by Investment Program, which they would qualify for by purchasing real estate worth USD 200,000 or more. Dominican citizens don’t have to pay capital gains, inheritance, or property taxes, which enhances the financial returns on their investment. The island’s growing tourism sector also presents opportunities for rental income, especially given its popularity as an ecotourism destination. Overall, the investment is stable and offers both fiscal benefits and the potential for gaining a second passport.
