Posted: Monday August 8, 2022
Your guide to Dominica’s Citizenship by Investment Programme
The Dominica citizenship by investment programme is a superb opportunity for people who would like to obtain a second passport, allowing them to enjoy international travel and benefits such as low taxation, education opportunities for children etc.
Over the course of the past few years, there has been a major shift in the world, with businesses becoming more globalised in an effort to attract consumers from all over the world. Mobility in a global context is crucial for those who want to improve their families’ economic prospects and expand their professional horizons and their businesses.
What is the Dominica Citizenship by Investment Programme?
Getting a second passport or a “golden visa” by participating in a citizenship or residence by investment programme can provide you with a clever and suitable solution to accomplish your objectives. If you and your family wish to have greater mobility within the European Union (EU), the United Kingdom (UK), or the United States of America, obtaining citizenship or a residency visa may be an option for you.
With a Dominican passport, visa-free travel, and business opportunities combined with a better future for your loved ones can become a reality. The Dominican government has designed a programme for granting citizenship in exchange for investments in the country.
Since its inception in 1993, the Commonwealth of Dominica’s Citizenship by Investment Programme has become one of the longest-running economic citizenship schemes in the world. The Citizenship by Investment Unit (CBIU) is the government agency in charge of the programme. It handles everything from the application process to finding new investment opportunities.
Some facts about Dominica
Just to set things straight, Dominica should not be confused with the Dominican Republic.
Dominica is frequently referred to as the “nature island.” Its dense jungles, breathtaking volcanoes, and rocky coves have a wild character. There are nine active volcanoes, 365 rivers, 18 notable waterfalls, and a single boiling lake. Dominica is one of the most affordable Caribbean islands (Barbados, Antigua, St Kitts, Cuba, St Martin). There is a 114-mile-long trail that takes hikers through some of the island’s most breathtaking scenery called the Waitukubuli National Trail.
Dominica is not typically thought of as a destination for luxurious vacations. Visitors are typically nature enthusiasts. They want to take advantage of the island’s plethora of outdoor activities, such as hiking and scuba diving. In Dominica, English is widely spoken and understood. In addition to the island’s official language, Creole may also be heard. Dominica’s neighbouring islands can be reached via the port of Roseau, with which frequent ferries provide service. You can be in Guadeloupe, Martinique, or St. Lucia in just a few hours.
Dominica Citizenship by Investment Programme Options
The Dominica Citizenship by Investment Programme gives investment options to applicants who’d like to enjoy the perks of having a Dominican passport. The table below shows how you can join the successful applicants and passport holders group.
The investor and his or her spouse, parents, and children under the age of 30 and siblings under the age of 25 are eligible to apply for citizenship together. Members of the investor’s immediate family are also eligible to obtain citizenship in Dominica at the same time as the investor.
Dominica’s Citizenship by Investment Program is the quickest route to becoming a Dominican citizen. Those interested make financial contributions to a state fund or purchase properties the government has vetted. Within three to six months, they will be considered naturalised citizens. To make the passport application process easier, applicants need not reside in or even travel to Dominica.
Holborn and the Dominican Citizenship by Investment Programme
Anyone without the proper information may find the process of obtaining a Dominica passport to be challenging. If you would like to avoid problems during the application process and make sure you benefit from dual citizenship, we recommend consulting experts who have extensive experience in the field to help you navigate the application process smoothly.
Our Holborn staff is here to make the application process as easy and stress-free as possible and to help you avoid making any mistakes that could lead to a rejection of your application. Fill out the contact form to speak with one of our fully qualified advisers today.