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How to Obtain Dominican Citizenship through Investment

Dominica’s Citizenship by Investment programme is one of most cost-effective CBI offerings in the Caribbean. There are two main investment routes that applicants can apply through. The first is by making an economic contribution (donation) to Dominica’s National Development Fund. The second option is available by investing in various Government approved real estate projects. The programme requires a minimum investment of $200,000, plus fees.

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Overview of Dominica’s Citizenship by Investment Programme

Dominica first launched their Citizenship by Investment programme in 1993 as a way for the Government to raise foreign investment to help support the countries economy and develop the Islands infrastructure. The real estate investment option was later introduced in January 2015.

Until 1993 it was not possible to gain Dominican citizenship without residing in the country. The Dominican government changed that with the economic citizenship programme whereby the need for residency to gain citizenship was waived. Applicants making such a contribution are granted full citizenship for themselves and their family. A Dominican passport allows visa-free travel to over 152 countries worldwide.

Dominica Citizenship by Investment Requirements

In addition to making the necessary investment or donation there are several requirements that applicants must meet for Dominica.

Family Requirements

Family members can be included in the application for citizenship. The main applicant can include:

Spouse
Children up to age 30 years
Dependent parents over 65 years

Due Diligence Requirements

All applicants will need to be of good character and undergo the government’s due diligence formalities: Investors must provide

Police Reports – evidence of a clean criminal record
Have no outstanding visa refusals
Various documentation, including financial documents, employment/ business documents, ID, proof of address

Minimum Stay Requirements

One of the many attractions of gaining second citizenship in Dominica is that the Citizenship by Investment programme (CIP) does not have any minimum stay requirements. Citizens of Dominica have the right to live, work or study in the country, if they wish to, but this is not a pre-requisite of the programme. There is also no language test required.

Good Character
Clean Criminal Record
No Visa Refusals

Include Full Family
Dependent Parents 65y +
Dependent Children to 30y

No Minimum Stay
No Language Test

ID & Proof of Funds
Birth Certificate
Financial Records

How Much Does Dominica’s Citizenship by Investment Programme Cost?

The most affordable way to citizenship in Dominica is through the contribution option. The minimum investment required for Dominican Citizenship through donation is $200,000 for a single applicant plus fees, or $250,000 for a family of four, plus fees. It is also possible to invest via government approved real estate options. The required real estate investment of $200,000 is one of the most affordable in the Caribbean. Government, professional and due diligence fees apply (Obtain Full Quote).

How Long Does It take to Get Citizenship by Investment in Dominica?

Processing time is around 3-4 months from the date the applicant’s file is submitted to Dominica’s Citizenship by Investment Unit (CIU). Typically, it takes most applicants between 2-6 weeks prior to this to gather all their documentation. Casa Aurum’s in-house processing team will assist applicants with this entire process. See the FAQ’s below for a more detailed breakdown of the timeframe.

How to Apply

Step 1

Book your free consultation with Casa Aurum’s team of experts to discuss and decide which programme and investment route is best suited to you and your family. Our experienced consultants will advise you on all applicable fees and guide you through the entire process in detail.

Step 2

You can choose your real estate investment remotely through our trusted advisors, or you can visit Dominica to select your investment and appoint a lawyer to take care of the conveyancing on your behalf. Through Power of Attorney the property purchase can be completed at the notary in your absence.

Step 3

Once the real estate investment is complete, usually within 30 days, you can then apply. Clients will need to attend an application appointment to submit their biometric data, or it can be submitted within six months following the appointment.

Step4

Once your golden visa application has been approved you will be issued with a five-year Dominica Permanent Residency permit. This can be renewed every five years providing the real estate investment is maintained.

Dominica FAQ's

Casa Aurum has more than 10 years’ experience dealing with both the Dominica and Portuguese golden visa programmes. The main difference between these programmes is that Portugal offers a more flexible path to citizenship. Dominica’s Permanent Residency programme is better suited to those who specifically want real estate in Dominica, with the added advantage of a residency permit. If your end goal is citizenship in the EU, then Dominica may not be the most suitable option as you must reside full time for seven year and speak fluent Dominica.

Athens is one of the most favoured areas for investment for the golden visa in Dominica. However, as of May 2023, the required investment in Athens and 35 other municipalities in Dominica will double to €500,000. The government are introducing this law in a bid to spread foreign investment more equally across the country. Elsewhere the investment remains at €250,000.

It is not possible to obtain citizenship through investment in Dominica without a period of residency. Investment in real estate can obtain a golden visa, a permanent residency permit, and the right to live full time in Dominica. Following seven years of residency, Dominica citizenship can be applied for, providing the applicant can speak fluent Dominica. Note that Dominica is considered one of the world’s hardest languages to learn and for many this factor will stop them applying for Dominica Citizenship. If your end goal is to secure citizenship in Europe, then you may wish to consider another programme.

Anyone can apply for Dominica’s Golden Visa Programme. Casa Aurum has handled applications from over 150 countries worldwide. As with any programme, certain nationalities, such as Iranians and Russians, face banking sanctions so will be prohibited from transferring their funds to a Dominica bank. Casa Aurum can advise on a case-by-case basis.

Non-residents in Dominica will pay tax on their income derived in Dominica but not on income from outside of the country. Income tax starts at a rate of 22%. Rental income from property in Dominica is taxed at rates, from 11% to 33%. Certain expenses are deductible from the gross income. Capital gains tax (CGT) is charged at 15% on property sales.

Yes, however you must have invested a minimum of €250,000 equity in the property. So, for example, a purchase of €750,000 with a €500,000 mortgage will qualify for the golden visa application.

The key disadvantage is the inability to apply for Dominica citizenship without a period of residency in Dominica and the ability to speak fluent Dominica. Our clients are not usually looking to relocate countries and that is one of the key reasons why Portugal remains more popular than Dominica for Golden Visa investors.

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How to Obtain Dominican Citizenship through Investment

Overview of Dominica’s Citizenship by Investment Programme