Dominica’s Economic Citizenship Program was established in 1993. The Economic Citizenship Program is enshrined in the constitution (Section 101). Investors may obtain citizenship by making a real estate investment in an approved project. Dominica’s citizenship may be obtained without language, residence or visitation requirements.
To maintain citizenship, investors are required to hold their qualifying investment for a period of three years, after which they may sell it.
To qualify for citizenship in Dominica, the minimum investment is US$220,000 for each main applicant. Investors are also required to pay additional taxes and government fees.
The overall cost for a family of four is detailed below*:
Item | Cost | |
Cost of share | US$ 220,000 | |
Main applicant’s government fees | US$ 50,000 | |
Spouse’s government fees | US$ 25,000 | |
2 children’s government fees | US$ 40,000 (US$ 20,000 for each child) | |
Due Diligence Fees (for dependents above the age of 16 years old) | US$ 23,000 (US$ 7,500 for the main applicant+ US$ 7,500 for the spouse + US$ 4,000 x 2 for dependents) |
|
Share Registration Fees | US$ 8,800 | |
Government processing fees | US$ 3,000 | |
Certificate of Naturalisation, including stamp fees | US$ 3,000 (US$ 750 x 4) | |
Total Cost for a Family of 4 | US$ 372,800 |