Citizenship by investment

CARIBBEAN ISLANDS

DOMINICA ST LUCIA GRENADA ST KITTS AND NEVIS ANTIGUA & BARBUDA

DOMINICA

Dominica is a mountainous Caribbean island nation with natural hot springs and tropical rainforests. Morne Trois Pitons National Park is home to the volcanically heated, steam-covered Boiling Lake. The park also encompasses sulphur vents, the 65m-tall Trafalgar Falls and narrow Titou Gorge. To the west is Dominica’s capital, Roseau, with colorful timber houses and botanic gardens.

Capital
Castries
Population
178,844 (2017)
Currency
Eastern Caribbean Dollar
GDP
USD 1.712 Billion (2017)

About Program

As a citizen of Dominica, you can partake in a wealth of opportunities and experiences, including:

  • Living in a peaceful and welcoming country for life, in the knowledge that you have contributed to its prosperity through an outstanding citizenship by investment programme
  • Becoming part of a global community that transcends Dominica’s land borders
  • Global mobility, including visa-free travel to over 120 countries and territories, from Singapore and Hong Kong, to the European Union and the United Kingdom
  • Minimal taxation – no wealth, gift, inheritance, foreign income, or capital gains tax
  • Full residence status, with the right to live and work in Dominica if you so choose to
  • The ability to hold multiple citizenships
  • The freedom to live abroad if you are legally able to under the laws of your host nation, as there is no requirement to reside in Dominica before or after citizenship is granted

Lifestyle Benefits

Dominica is named time and time again as one of the world’s happiest places in which to live. Boasting a high number of centurions (people who have lived to be older than 100 years), it offers a tranquil lifestyle within a safe, peaceful, and pristine environment and a culturally vibrant and friendly community.

The ‘Nature Island of the Caribbean’ is a tropical paradise and one of the most beautiful places in the world. It is a land of natural beauty, with hundreds of rivers and waterfalls, rugged mountains covered in green, and dramatic cliffs overlooking the turquoise sea.

Dominica hosts the world’s second-largest hot spring, Boiling Lake, and is home to many rare plant and animal species, including our national bird and symbol, the Sisserou Parrot. Our clear and calm sea offers spectacular dive and snorkelling sites, including shipwrecks and even underwater hot springs.

In 1998, Dominica’s Morne Trois Pitons National Park was designated a World Heritage Site by UNESCO. Since 1997, Dominica has actively participated in the work of Green Globe to develop a model for ecotourism within our island.

Business Advantages of Dominican Citizenship

The Government of Dominica provides a number of fiscal and other concessions that aim to make doing business on our island even more attractive. These include generous tax holidays, import duty and tax waivers, and streamlined processes. A list of business advantages is available below:

  • Minimal taxation – no wealth, gift, inheritance, foreign income, or capital gains tax and no personal income tax for residents
  • Dominica is a signatory of double taxation treaties with the USA and the CARICOM
  • There is no restriction on the repatriation of profits and imported capital
  • Generous incentive packages include corporate tax incentives, full exemption from import duties, tax relief benefits, and export allowance
  • The currency, the East Caribbean dollar (XCD), is pegged to the US dollar (USD) at a fixed rate
  • Access to several markets duty-free across the Caribbean

International Mobility

Holders of Dominican passports can use them to travel internationally and benefit from the many visa-free travel regimes the Dominican Government has established with its allies across the globe. Some of the major hubs available to those travelling on a Dominican passport include the United Kingdom, with whom Dominica shares a long history, Singapore, Hong Kong and the European nations of the Schengen Area.

Successful applicants for citizenship by investment who then apply for a Dominican passport can benefit from visa-free travel or visas-on-arrival to more than 125 countries.

Eligibility

To be eligible for citizenship of the Commonwealth of Dominica under its Citizenship by Investment Programme, you must make:

EITHER

  • A contribution into the Economic Diversification Fund (EDF) amounting to a minimum of USD 100,000 for a single applicant, and increasing depending on the number of dependants included in the application;

OR

  • An investment in designated real estate with a value of at least USD 200,000.

The Government of the Commonwealth of Dominica invites investments that will generate sustained economic growth and prosperity, and create jobs and business opportunities for the people of Dominica. The Government is committed to continuing to provide the legislative and administrative framework, and fiscal and technical support, necessary to encourage your investments and attain these goals. Dominica is creating modern, diversified, sustainable, and resilient economic structures to meet the demands of a highly competitive global environment.

 

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