Dominica Citizenship by Investment Program
The government launched the Dominica Citizenship by Investment program in 1993 to encourage global investors and boost the foreign economic contributions to strengthen the infrastructure of the country. The program allows the potential investors to acquire permanent legal citizenship in Dominica and a second passport within 3 to 4 months. They can work in the any member state of the Commonwealth. The Dominican citizenship is the fastest citizenship program in the Caribbean.
The program has comparatively lower investment requirements than other citizenship programs. Moreover, Dominica Citizenship by Investment offers an array of investment options, which include investment in real estate or in an approved business as well as a government donation. The investors, in return of their investment, get to enjoy the full rights and privileges as a citizen in Dominica. They can live, work, and study in any Commonwealth country. Besides, the economic benefits of Dominica citizenship by investment program, investors can access excellent health care services, a high standard of living, and favorable tax regime. The program aims to bring foreign investment in the country, create jobs, and support the economic development of the country. Those who wish to become a citizen in a Commonwealth country should apply for Dominican citizenship and enjoy the different perks it has to offer. If you reside in UAE, MAVEN MIGRATION SERVICES is a Dominica citizenship by Investment consultant that operates in Dubai, Sharjah, and Abu Dhabi. We possess the experience and skill to assist aspiring individuals in obtaining citizenship in Dominica.
Dominica Citizenship by Investment – Features
Here are the main features of the Dominica Citizenship by Investment program:
Investment/Donation Requirement
Processing Time
Dependents
Mobility
The Dominica Citizenship program does not prohibit any nationality from applying for Dominica passport by investment. Moreover, the applicants do not have to take any language test nor they have to spend a certain duration in the country. Those who have the passport of Commonwealth of Dominica can buy property, vote, and live and work in the country.
Investment Options for Dominica Citizenship
There are no physical residency requirements for the investment program but the government encourages and appreciates economic engagement from the new residents. Here are the investment options for Dominica citizenship:
Dominica Citizenship by Donation – The Economic Diversification Fund
The Economic Diversification Fund (EDF) was established to generate funds for the economic growth and development of public and private sector projects, such as building schools and sports stadiums, hospital renovations, agriculture, and tourism.
The investors have to make a minimum one-time non-refundable donation of $200,000 to the Economic Diversification Fund.
Dominica Citizenship by Real Estate Investment
The applicant has to invest in a government-approved real-estate project within Dominica at a minimum value of $200,000. The investor is required to hold that property for at least 3 years from the grant of citizenship. You can re-sell that real estate under the Dominica Citizenship by Investment program after 5 years of acquiring citizenship.
The Dominican Citizenship Program is designed to attract foreign investment to support economic growth and development of the country. If you want to make the move to Dominica from UAE, MAVEN MIGRATION SERVICES can provide you with special assistance in obtaining Dominican citizenship.
Dominica – An Overview
Nestled between the French islands of Martinique and Guadeloupe, Dominica is an island country in the Caribbean Sea. It is also called the Nature Island of the Caribbean. The island boats a rocky coastline, lush rainforests, and mountains. Dominica is a member of Commonwealth. The country’s official language is English. Creole and French is spoken as well.
The country mainly relies on tourism, agriculture, and forestry. Dominica is one of the leading producers of bananas and other fruits globally. The island exports cocoa, coffee, and spices all over the world. Dominica is a renowned tourist destination, especially for hiking and other eco-tourism activities. Dominica is a politically stable country and has a democratic government. Dominica is a member of the Caribbean community, Organization of Eastern Caribbean States, and the United Nations. It is part of the British Commonwealth.
Those who visit this island country should be prepared for a cultural experience. The island is home to the descendants of the original occupants, the Kalinago people. The tourism sector is thriving in Dominica. People get to experience the culture first hand through the traditional art and craft markets and music. The island has a vibrant culture with numerous events and festivals all year round.
Those who visit Dominica will be pleasantly surprised by its diversity, culture, wildlife, and beautiful landscapes. It is not only a scenic place to go for a vacation but a lovely place to make home in.
For that, Dominica citizenship by investment is the perfect option to set your plan into motion. Get in touch with MAVEN MIGRATION SERVICES, for their skilled and experienced Dominica citizenship by investment consultants for expert advice and assistance for your future.
Eligibility Requirements for Dominica Citizenship by Investment Program
Process for Obtaining Dominican Passport
Only authorized agents are allowed to promote the Dominica program. MAVEN MIGRATION SERVICES is an authorized under the Citizenship by Investment unit to promote the program and provide complete assistance and guidance to people applying for Dominica citizenship by investment.
Here is the process of applying and obtaining Dominican passport:
Benefits of Dominica Citizenship by Investment Program
The investors can benefit from a numerous perks by obtaining Dominican citizenship. Listed below are the various benefits the qualified applicants get to enjoy due to the Dominica investment citizenship program:
01
Visa-free travel to more than 140 countries, including the Schengen area
02
Simpler access to US and Canada
03
Low taxation and no taxes on non-residents
04
Access to world-class education and healthcare facilities
05
Dominica allows dual citizenship
06
Right to live and work in any Commonwealth country
07
The citizenship can be passed down to future generation smoothly
08
No requirements for physical residence in the country
09
You can get citizenship in about 4 to 6 months
10
You can maintain your current citizenship as well.