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The Government of the Commonwealth of Dominica has created an Economic Citizenship Program to channel capital into its national development (funding schools, hospital renovations, a sports stadium, and other public sector projects). The Economic Citizenship Program allows applicants to become citizens of the Commonwealth of Dominica, without a residency requirement. Once Citizenship is granted, passports may be easily obtained. Benefits of the Commonwealth of Dominica Citizenship:
- Citizenship is in a British Commonwealth country.
- Dominica citizenship is for life and not revocable.
- There is no residency requirement under the Economic Citizenship program.
- Dominica recognizes dual citizenship, and does not require people to renounce their current citizenship.
- Dominican passport-holders enjoy visa-free travel to many countries worldwide, such as UK, Sweden, and Switzerland. Complete EU access is applied for and expected soon. Visa for Canada is required.
- Off-shore bank accounts, investments, and Dominica-incorporated companies give unique opportunities for business and tax planning.
To qualify under the Economic Citizenship Program, the following criteria must be met:
- The principal applicant must be over 21 years of age.
- To qualify as dependents, children must be under age 18 and unmarried.
- Applicants must make a one-time payment (either Single or Family category ) to the Government of the Commonwealth of Dominica.
- Applicants must pass a Due Diligence examination, and have no criminal record.
- Applicants must complete a medical examination.
- The principal applicant must have a basic knowledge of English. However, translators may be used at the interview.
- The principal applicant must attend an interview in Dominica (or arrange for the interviewing committee to travel to his home country to conduct the interview).
COSTS
Single Person: Investment $100,000 plus ~$30,000 fees
Two adults, no children: Investment $175,000 plus ~$35,000 fees
Two adults, children under 18 years old: Investment $200,000 plus ~$35,000 fees |