Citizenship-by-Investment in Dominica
Citizenship-by-Investment in Dominica
Named “the Nature Island” for its unspoiled natural beauty, Dominica is arguably the most breathtaking island in the Caribbean, boasting one of the best standards of living in the region. Officially The Commonwealth of Dominica, this beautiful island boasts pristine sandy beaches, lush green mountains, acres of unspoiled tropical rainforests, and some of the best diving and hiking in the Caribbean. A diverse blend of English, French, African and Carib peoples and cultures, Dominica is a politically and economically stable state with the lowest crime rate in the region.
When you get through with your Dominica citizenship, you get the many benefits of a second passport and full rights as a Dominica citizen and you also expand your residency options. While all the residency requirements are waived under the Commonwealth of Dominica Citizenship program, you do have the option of living on the Nature Island — Dominica.
Dominica is an island nation in the Caribbean Sea. It is one of the larger islands in the Lesser Antilles but is has one of the smallest populations, last estimated at 70,000. It is a peaceful, laid back Caribbean island.
This beautiful island is famously referred to as the Nature Island of the Caribbean. Dominica is a mountainous island covered in lush green vegetation. The islands heavy rainfall supplies 365 rivers, many waterfalls and an underground water table with its supply of fresh water year round.
Dominica is one of the few countries with a living population of indigenous Kalinago (Carib) Indians, descendents from South American Indians. Today, there is a population of 3,000 Kalinago Indians residing on a reserve, where the culture and lifestyle of the tribe is displayed publicly as tourist attractions.
It is a country that embraces a clean green living. All of its resources, forests and natural habitats are conserved and utilized in only the most sustainable ways. This is an island where the government and the people focus on conserving all the island’s natural resources, and all public actions are carefully assessed for their impacts on the current and future health of the environment, while building up new economies around sustainable agriculture and ecotourism.
Capital City ....Roseau
Total Area ....290 mi2
GDP US$ ....516,7 Million
Language ....English & French Patois
Independence from UK ....1978
If the investor is the sole applicant (no citizenship for family), the single investor would be required to make an investment of US$100,000.
For families looking for second citizenship, the investment schedule is listed below:
Single Applicant - US$100,000 non-refundable investment
Applicant plus spouse - US$175,000 non-refundable investment
Family Application Two (Applicant plus one spouse and two children below the age of 18 years) - US$200,000 non-refundable investment
Additional Dependent - US$50,000
To qualify for citizenship of Dominica under the Real Estate Option under the Citizenship by Investment Program, an applicant must purchase authorized real estate to the minimum value of USD$ 200,000.
The real estate must be held for 3 years and may be eligible for re-sale under the Citizenship by Investment Programme after 5 years from the original purchase date.
In addition to the capital investment required for the selected investment option, additional fees are payable by each family member.
These comprise of the following:
Per application – USD$ 1,000
DUE DILIGENCE FEES (required for both the Real Estate and the Government Fund options)
Main Applicant – USD$ 7,500*
Spouse – USD$ 4,000
Dependant aged 16 years and above – USD$ 4,000
*In some cases, an enhanced due diligence may be required depending on the citizenship the applicant holds.
OTHER FEES (required for both the Real Estate and the Government Fund options)
Fee for Certificate of Naturalisation – USD$ 750 per person
Expedited passport issue fee – USD$ 1,200 per person
GOVERNMENT FEES FOR THE REAL ESTATE OPTION ONLY
US$ 25,000 for a single applicant;
US$ 35,000 for a main applicant applying with his or her spouse;
US$ 35,000 for a family of up to four persons, including the main applicant and up to three dependants;
US$ 50,000 for a family of up to six persons, including the main applicant and up to five dependants; or
US$ 70,000 for a family of seven persons or more, including the main applicant and six or more dependants.
Real Estate in Dominica
Real Estate in Dominica
Located along the picturesque, white sand beach on Douglas Bay and surrounded by Cabrits National Park, Cabrits Resort Kempinski Dominica will be a luxury hotel that will offer its guests a memorable journey and create rich and meaningful experiences.
Dominica is renowned for its eco-tourism initiative, being home to 365 rivers, waterfalls and boiling springs. Cabrits Resort Kempinski Dominica has been designed to maintain a natural balance between the land and sea, while ensuring a modern and contemporary guest experience.
Cabrits Resort Kempinski, Dominica is the first government approved real estate project in Dominica under the Citizenship by Investment Program. A minimum investment of US$ 220,000 in the project will entitle investors and their families to the citizenship of the Commonwealth of Dominica.
Tranquility Beach Dominica is a prestigious, environmentally-sensitive residential resort of first class accommodation quality. Contemporary clean lines mark the architecture and construction of this development, which will comprise chic one- and two-bedroom condominium suites, studio suites, and one-, two-, and three- bedroom villas situated in a full service setting. A diverse range of amenities and services complete this vacation setting: a world class spa, wellness center, gym, fine dining restaurant, large swimming pool, gift shop, private gated entry, parking facilities. and reception office.
Tranquility Beach is located on a dramatically stunning marine bluff — a masterpiece of nature, situated just outside the charming village of Salisbury, a special place known for its friendly people and abundant, juicy watermelons.
Tranqulity Beach Dominica is an approved project for the Citizesnhip by Investment Programme in the Commonwealth of Dominica.
Once opened, the resort will be operating under the world famous hotel brand CURIO by Hilton.