CITIZENSHIP BY INVESTMENT IN DOMINICA
Citizenship by investment programme in The Commonwealth of Dominica is one of the World's long-running economic citizenship programmes available for over 30 years. This guarnatees stability, whereas low costs and fast processing makes this crypto-friendly citizenship by investment programme an obvious choice for many clients.
Despite having similiar banned nationalities list, Dominica is more flexible allowing restricted nationals to apply under enhanced due diligence procedures.
As low as USD 200,000 in real estate investments or non-refundable contribution will lead you to passport of Dominica.
Key facts:
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135 visa free countries, including Shenghen and China, but excluding UK;
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Crypto friendly;
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Sanctioned nationalities allowed under certain conditions and enhanced due diligence;
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Fast processing around 6 months.
Applicants of certain nationalities are usually not eligible to apply for citizenship by investment programmes in the Caribbean, such as: Afghanistan, Belarus, Iran, Iraq, North Korea and Russia. But this is not the case with Dominica, where under enhanced due diligence checks applicants from sanctioned countries may be eligible for citizenship by investment. Contact your UB Lawyers citizenship by investment advisor now for more details and free of charge evaluation of your case.
Citizenship by Investment in Dominica can be obtained by the whole family of the main applicant, including:
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The spouse;
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Children aged under 18;
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Children aged between 18-25 who who are in full-time attendance at a recognised secondary or tertiary level institution of learning and fully supported by the main applicant;
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Children aged 18 or over who are physically or mentally challenged;
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Parents of the main applicant or the spouse of the main applicant aged 55 or over, living with and fully supported by the main applicant.
The main applicant must be at least 18 years old to apply for citizenship by investment in Dominica. On certain curricumstances the applicant will not qualify, for example if the applicant:
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has a criminal record other than for a minor offence;
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is the subject of a criminal investigation for which he/she was aware or ought to have been aware and failed to disclose;
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has been denied citizenship in any other country;
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has been denied a visa to the EU, the UK or to any country with which Dominica has visa-free travel regime and has not subsequently obtained a visa to or residence permit in that country;
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is deemed a potential security risk to The Commonwealth of Dominica or any other country;
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has provided false information or documents;
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is or has been involved in activity likely to bring disrepute to The Commonwealth of Dominica.
Dominica is the only option to obtain Caribbean citizenship for many clients looking for fast processing or flexible eligibility rules.
Don't hesitate to contact UB Lawyers for a professional advice on which citizenship by investment program suits your requirements most of all.
REAL ESTATE
Real estate investment is the most popular way to acquire citizenship in Dominica. You will be granted with citizenship for the entire family upon acquisition of real estate worth above USD 200,000. This amount is fixed for any number of dependents in the application.
The lowest investment threshold is compensated with high administrative fees in Dominica which are the highest in the Caribbean. But there are no property acquisition and sale taxes in Dominica!
Dominica is a beautiful island, that is definately worth a visit. Dubbed the “The Nature Isle of the Caribbean”, Dominica is an idyllic country with untouched rainforests and volcanic mountains. You will also find a number of waterfalls and hot springs in Dominica, while exotic animals and birds of the island enhance the feeling of paradise on Earth. So, if you are considering to invest in a second home as a pathway to second citizenship, Dominica is one of the best islands in the Caribbean to make this dream come true.
CONTRIBUTION
For those who realize that real estate acquisition has solid ongoing costs, non-refundable contribution to economic development funds is an obvoius route to citizenship by investment.
Dominica offers one of the best citizenship by donation programmes in the Caribbean with as low as USD 200,000 contribution threshold for a single applicant and USD 250,000 for a family of four. Larger families need to contribute extra:
- USD 25,000 for every additional dependent aged under 18;
- USD 40,000 for every additional dependent over 18.
Citizenship by donation is a fast and straightforward route to your Caribbean passport.
PROCESSING
Your dream of Caribbean passport comes true with 9 easy steps with UB Lawyers:
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Case valuation and consultation;
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Preparation of all required documents;
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Submission of the application;
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Online interview;
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Due diligence and file study by independent firms appointed by the Government;
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Approval in principle;
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Settlement of the investment or contribution;
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Certificate of naturalization and passports issuence;
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Optional: visit to the island to open local bank account, obtain local driving license and utility bill if required.
There are several obligatory fees and charges to be settled to obtain citizenship by investment in Dominica, such as due diligence fee, interview fee, professional fees, passport fees and out-of-pocket expenses (apostille, translations, courier, etc.). These fees exact amounts depend on the number of dependents in the application and other factors and usually slightly exceed USD 20,000 in case of family applications.
Dominica offers the fastest program among all the Caribbean with as fast as 3-4 months processing time.
This term varies depending on the profile of the applicant and chosen path to citizenship. It will take a little bit more time in case of real estate investments due to real estate acquisition and property rights transfer procedures.
Please, note that it usually takes additionally from 1 to 4 weeks to collect all documents to be submitted with the application and approximately 1 month to get the passports issued after the investment has been settled.
So, eventually it will take as little as 6 months from your call to UB Lawyers until your new Dominica passport is handled to you. Stop wasting the time, contact us now for a complimentary consultation and case valuation.
UB LAWYERS RANKINGS AND ADVICE
CBI in Dominica is a very competitive programme for clients, looking for fast processing and flexibility with payment methods, as it's one of few crypto-friendly countries.
If you are national of sanctioned or restricted countries, Dominica citizenship by investment most probably is your only path to follow.
Dominica provides you with a strong and solid passport, but you still will require to obtain a visa to visit the UK. This downside doesn't allow Dominica's citizenship by investment programme to be on the top of our list.
