DominicaCitizenship By Investment
- Investment starts from USD 200,000
- Processing time 4-6 months
- Visa-free travel 140+ countries
- Remote application process
- Virtual Interview Required
Overview
The Dominica Citizenship by Investment Program, sometimes referred to as the Dominica Economic Citizenship Program, was established in 1993. It allows individuals and their families to obtain citizenship of the Commonwealth of Dominica by making a qualifying investment or contribution to the country.
Investment Options
- Contribution to the Economic Diversification Fund (EDF)
- Investment in a real estate project approved by the government
Family Inclusion
Applicants can include spouses, children under 18, student children between 18 and 30 years old, unmarried dependent daughters under 25 years old, and financially dependent parents over 65 years old in the CBI application.Eligibility Criteria
Main applicants must be at least 18 years old and meet the minimum qualifying investment in one of the investment options. All adult applicants must successfully undergo a due diligence review, including a mandatory interview either in person or online. They must openly and honestly disclose all relevant information related to the Dominica citizenship by investment application and cover processing, due diligence, and administrative fees.Benefits
Fast Application Processing
Applications for the Dominica CBI program are processed straightforwardly and can be completed remotely (without visiting Dominica) in 3-4 months.
Visa-free travel
Dominica passport holders enjoy visa-free or visa on arrival access (plus ETAs) to 143 jurisdictions, including the EU, UAE, Russia, China, Hong Kong, etc.
Post Approval Investment
Applicants have to invest only after receiving conditional approval for their CBI application. A real estate investment becomes eligible for resale after three (3) years.
Favorable Taxation
Dominica does not impose personal income tax, wealth tax, or inheritance tax.
No Residency Requirement
Applicants can apply immediately without any specific physical residency prerequisites.
Dual Citizenship allowed
Applicants are not required to renounce their current citizenship(s). All advantages and privileges of holding citizenships in multiple countries are available.
Investment Options
The Commonwealth of Dominica offers two investment options in its Citizenship by investment Program: a non-refundable contribution to the Economic Diversification Fund (EDF) and Investment in an approved real estate project.
Economic Diversification Fund (EDF)
To qualify for the Dominican CBI program through the EDF option, applicants must make a non-refundable contribution to the EDF. The contribution amount depends on the number of dependents included in the CBI application. Minimum contribution amounts are as follows:
| Main applicant | USD 200,000 |
| Main Applicant plus three qualifying dependents | USD 250,000 |
| Each additional dependent under 18 years old | USD 25,000 |
| Each additional dependent over 18 years old | USD 40,000 |
Real Estate Investment
To qualify for the Dominica CBI program through the real estate investment route, applicants must purchase a government-approved property with a minimum value of USD 200,000. The property must be held for three years after receiving citizenship. However, if the property is sold to another CBI applicant, the holding period is extended to five years.
Government fees applied to the real estate investment option:
Government fees applied to the real estate investment option:
| Main applicant | USD 75,000 |
| Main Applicant plus three qualifying dependents | USD 100,000 |
| Each additional dependent under 18 years old | USD 25,000 |
| Each additional dependent over 18 years old | USD 40,000 |
Applicable Fees For Both Routes
| Processing fee per application | USD 1,000 |
| Certificate of Naturalisation fee per person | USD 500 |
| Interview fee for each applicant aged 16 years old or above (not apply when the Enhanced Due Diligence is performed) | USD 1,000 |
Due Diligence Fees
| Main Applicant | USD 7,500 |
| Each Dependent aged 16 years old and above | USD 4,000 |
Enhanced Due Diligence Fees
Checks and fees may be required based on the applicant’s current citizenship status and other personal circumstances. Iranian applicants are required to cover the following enhanced due diligence fees:
| Main applicant | USD 25,000 |
| Spouse | USD 15,000 |
| Each dependent aged 16 years old or above | USD 15,000 |
| Each dependent aged from 12 to 15 years old | USD 10,000 |
Application Process
Bayat Legal Services’ compliance team will conduct an internal due diligence check, which entails a background security screening of the applicant, Preparation of KYC (Know Your Client) and a qualification assessment.
Preparation of the tailored list of documents. The client signs a retainer agreement with Bayat Group. Gathering documents required for the application.
Applicants need to meet the eligibility criteria, including financial requirements and a clean background.
After gathering all of required original documents and sending them to Bayat Group team, our citizenship experts will assess the file and make it ready for submission to Dominica CBI Unit. The unit will review the application and conduct due diligence checks. Applicants need to go through the mandatory interview, either in person or online.
After the application has been processed and a decision has been reached, the applicant will receive a letter informing them of the outcome. If the application is approved, applicants will be required to proceed with making the qualified investment, covering the associated fees for the investment option.
Upon completion of the required contribution or investment, applicants will receive a No Objection Certificate (NOC), which confirms the granting of citizenship in the Commonwealth of Dominica. Subsequently, Bayat Group will proceed to apply for the passport on clients’ behalf.