Dominica fast facts
The Dominica Citizenship Investment Programme is the second-longest of its kind, and one of the most trusted in the world. Let’s take a look at some of the key points which make the picturesque Caribbean island such a popular choice among investors.
Dominica has a population of roughly 71,625 over an area of 750 km2. The Carribean island has a population density of 105 people per km2.
The Eastern Carribean Dollar (XCD) is the currency used in Dominica, which is set at a fixed rate to the USD. 1 USD = 2.7 XCD.
The capital of Dominica is Roseau, it is also the largest city in the country. Roseau is situated on the west coast of the island and has a population of 14,725.
The official language of Dominica is English. In addition to English, Dominican Creole is also widely spoken.
Dominica has a tropical climate, meaning it is hot all year. Daily temperatures range from 25 to 28 degrees ℃ (77 – 82.4 ℉) on average.
Dominica’s GDP was worth 1/2 a billion dollars (US) in 2018, less than 0.01% of the world economy.
Dominica is an island country located in the Caribbean Sea. Officially the Commonwealth of Dominica, the Caribbean island is located near Guadeloupe which sits northwest of Dominica.
Whale watching is a popular attraction in Dominica. The Caribbean island is the only country in the world where Sperm Whales can be seen throughout the year.
It was under British ownership in 1763 that English was established as the principal language. Dominica gained independence in 1978.
Benefits of citizenship in Dominica
A Dominica citizenship investment grants you access to a country which is stable economically, socially, and legally. The country is also part of the Commonwealth.
The Dominica Citizenship Investment Programme is one of the most cost-effective of its kind anywhere in the world.
Dominica citizenship investment Programme was established in 1993. It is the second-longest of its kind anywhere in the world.
The Dominica Citizenship Investment Programme gives you access to visa-free travel to more than 139 countries. This includes the UK, all of Europe, Hong Kong, Singapore, and Russia.
Citizenship in Dominica is irrevocable. It can also be passed down for generations – making it particularly interesting for anyone participating in the Dominica citizenship investment programme.
Dominica doesn’t apply capital gains or inheritance tax. The favourable tax regime only taxes income generated in Dominica.
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