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Dominica is known as the ‘Nature Island of the Caribbean’ due to its unspoiled natural beauty. Covered in rainforests & mountainous peaks, Dominica attracts visitors throughout. It also has around three hundred rivers, countless waterfalls, and 148 km of coastline. Dominica also holds the world’s second-largest thermally active lake.
With its relaxed lifestyle and friendly community, Dominica’s island has been named one of the world’s happiest places to live. Also, this tropical paradise has a vibrant culture, with both European and African traditions.
The government of Dominica established the Dominica Citizenship by Investment program in 1993, to boost foreign economic contributions in order to develop the country’s infrastructure, mature the local workforce by creating new jobs, generate sustained economic growth and prosperity. In return, it allows foreign investors obtain permanent legal citizenship and second passport within 3 to 4 months, being the fastest citizenship program in the Caribbean.
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BENEFITS
Visa-free travel to over 120 countries, including the Schengen zone, the UK, Hong Kong, Malaysia, Singapore and Turkey.
Full citizenship status and dual citizenship is allowed.
Low processing fees and fast processing time.
No requirement to fly to Dominica before, during, or after application.
Social and political security will be gotten by the applicant due to investing in a foreign country and obtaining second citizenship.
No foreign income, capital gains, gift, and inheritance tax.
Investment Options
1. Economic Diversification Fund Donation
A. Single Applicant
A single applicant is required to make a nonrefundable contribution of US$100,000 to the Economic Diversification Fund.
B. Spouse
A nonrefundable contribution of US$50,000 for a qualified spouse.
C. Siblings
A nonrefundable contribution of US$50,000 per qualified sibling aged 18-25 of the main applicant or the spouse.
D. Dependents
A nonrefundable contribution of US$25,000 per qualified dependent of the main applicant or the spouse.
E. Family Option
A nonrefundable contribution of US$175,000 qualifies a family of four including the main applicant, the spouse, and two other dependents other than a dependent sibling.
2. Real Estate Investment
Applicants may purchase property valued at a minimum of US$200,000 in a government- approved real estate development. The investment must be maintained for a minimum of three years. If maintained and sold after five years, the property qualifies the next applicant for citizenship as well.
QUALIFYING REQUIREMENTS
Be at least 18 years of age.
Be of good character.
Have no criminal record.
Pass a detailed background check.
Be able to provide proof of source of funds.
Be healthy.
(+91) 08 291 917 182
(+91) 07 940 390 434
info@myglobalcitizenship.com
Privilon, A – 1603, Ambli - Bopal Road, behind ISKCON Temple, Ahmedabad, Gujarat 380059, India
Disclaimer –
The Immigration by Investment programs are offered by My Global Citizenship™. The above timeline is an estimate provided for information purpose only based on experiences with past clients. Processing time and costs will vary depending on a number of factors. My Global Citizenship™ is not responsible for any changes to the estimations above; we can provide specific time and cost estimates on an individual basis.
Please talk to our Consultants for the most up-to-date information.
Fees charged by My Global Citizenship™ is excluding the government and legal entity fees. For residency and citizenship separate fees have to be paid to government at each stage. These fees depend on the number of applicants and the complexity of the process.
For Advisory fees charged by My Global Citizenship™ and exact quote based on your family combination, please contact us.
My Global Citizenship™ is a top immigration consultancy firm in India. We provide immigration guidance in second citizenship programs .
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