WELCOME TO CITIZENSHIP BY INVESTMENT DOMINICA
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 Dominica’s 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 Dominica 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
73,925
TOTAL AREA
750 km²
CURRENCY
East Caribbean Dollar
Geographical Location and Climate
Located between the French territories of Guadeloupe to the north, and Martinique to the south, Dominica is part of the Lesser Antilles in the Eastern Caribbean. Its 290 square miles (750 square kilometers) of lush, mountainous and volcanic terrain is home to 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) throughout the year. The island experiences two distinct seasons: the wet season from June to November (which coincides with the Atlantic hurricane season) and the dry season from December to May. The island’s mountainous terrain and abundant rainfall make it one of the greenest and most fertile islands in the Caribbean, 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 is a blend of African, European and indigenous influences. This creates a colorful tapestry 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 offerings which include hiking, bird-watching and scuba diving. Dominica’s pristine rainforests, crystal-clear waters and abundant marine life make it an attractive destination for travelers seeking a sustainable and authentic Caribbean experience.
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.
Its Citizenship by Investment program, established in 1993, 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 for the island. This has been invested in infrastructure, education, healthcare and other sectors.
WHY CHOOSE DOMINICA CITIZENSHIP BY INVESTMENT?
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.
FAMILY SAFETY AND FUTURE SECURITY
Dominica allows dual citizenships, 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
As a Dominican passport holder, you will benefit from its attractive tax regime, including access to generous incentive packages like corporate tax incentives, full exemption from import duties, tax relief benefits and export allowance.
How to Qualify
for the Dominica Citizenship by Investment Program
To qualify for Dominica’s citizenship by investment programme, an applicant must fulfill the following criteria:
- Fulfill one of the required investment options for the programme.
- Be in good health.
- Have a clean personal and professional background and hold no criminal records.
- Ensure payment of government and due diligence fees.
- Dependent children must be under the age of 30 and dependent parents over the age of 65 years.
Investment Options
The Dominica Citizenship by Investment Program (CIP) offers potential investors two main routes to obtain citizenship in the beautiful Caribbean island nation.
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 100,000. The amount increases with the size of the applicant’s family, reaching up to USD 175,000 for the main applicant and up to three dependants. It will then cost an additional USD 25,000 for any additional dependent under 18 years of age, and USD 50,000 for additional dependents 18 years or older.
Real Estate
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. Both investment options offer several benefits including: visa-free or visa-on-arrival access to over 140 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 is faster, taking approximately three to six months, and can be conducted remotely.
Benefits of Dominican 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$100,000 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 140 countries, including European nations, the UK, Russia, China, Singapore and Hong Kong- providing ample travel opportunities.
Consistently ranked as one of the best countries for its Citizenship by Investment Program by CBI Index, opting for Dominica’s Citizenship by Investment program should be on your radar.
Dominica Citizenship by Investment FAQs
How much investment is required for Dominican citizenship?
In 2023, the minimum investment required for the Dominica Citizenship by Investment Program is USD 100,000. There are two investment options: a non-refundable contribution to the Economic Diversification Fund (EDF) or a purchase of government-approved real estate. For the EDF option, the minimum investment is USD 100,000 for a single applicant, with the amount increasing for larger families. For the real estate option, the minimum investment is US$200,000, with the property held for at least three years.
How long does the Dominica citizenship process take?
The Dominica citizenship process typically takes between three to six months from the submission of a complete application. 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?
There is no specific amount of money required to retire in Dominica. However, a comfortable retirement in Dominica would depend on factors like lifestyle, healthcare, and housing preferences. Generally, the cost of living in Dominica is lower than in many Western countries. A budget of USD 1,500 to USD 2,500 per month for a couple should suffice for a comfortable retirement, covering housing, utilities, groceries, healthcare and leisure activities.
How do I get permanent residency in Dominica?
Obtaining permanent residency in Dominica can be achieved through different methods such as long-term residence, family reunification or investment. If you are not applying through the Citizenship by Investment Program, you must first reside in Dominica for a certain period (usually five years) and meet specific requirements, such as financial self-sufficiency and good character. After meeting the eligibility criteria, you can apply for permanent residency through the appropriate channels (such as the Dominica Immigration Department). It is important to consult with immigration experts or legal professionals for up-to-date information and guidance on the application process.
Will I need to pay tax in Dominica?
In Dominica, you will enjoy a tax-free status if you choose not to live there. However, if you decide to establish residency for six months or more in your new country of citizenship, taxes on worldwide income will be charged. Dominica has double taxation treaties with the USA and CARICOM, allowing unrestricted repatriation of profits or imported capital. The country also offers several corporate tax incentives, a complete waiver from import duties, tax relief benefits, and export allowances. Additionally, Dominica provides generous tax holidays and other import duties and tax waivers.
