CBI Magazine Winter/Spring 2023

3mm bleed
OPTION 2: Investment in Pre-Approved Real Estate
Citizenship by Real Estate Investment programme, applicants
must purchase only authorised by the government of
Dominica property. Pre-approved by the Dominica authority
real estate must be held for at least 3 years, which increases to
5 years if the purchaser is also an applicant for citizenship by
investment. Investors may only re-sell that real estate under
the Citizenship by Investment Programme after five years.
Most real estate options available are shares in high-end
tourist accommodation, touristic hotels, beach/bay resorts,
resorts & spa.
Minimum investment required is: $200,000 for
all applications.
GOVERNMENT FEES ASSOCIATED WITH REAL
ESTATE INVESTMENT
When application for Dominica citizenship by real estate
investment is approved, the following government fees
also apply:
• Main Applicant: $25,000;
• Main applicant and up to three dependants: $35,000;
• Main applicant and up to five dependants: $50,000;
• Any additional qualified dependant: $25,000.
ADDITIONAL FEES
• Processing fees: $1,000 per application
• Due diligence fees: $7,500 for the spouse;
• Due diligence fees: $4,000 for any dependents aged 16 or over.
Note: In some cases, additional due diligence fees may be
required depending on current citizenship status, and other
personal circumstances.
• Certificate of naturalisation fee: $250 per person
• Expedited passport issuance fee: $1,200 per person
Benefits Associated with Dominica Citizenship
by Investment
Dominica’s Citizenship Established in 1993, is one of the most
affordable citizenship programmes.
1) Processing time: around 3 months, without interview
requirement or physical visit / travel to the country.
2) Family Inclusion.
The following family members may be included in an application
for citizenship by investment:
• Spouse
• Children of the main applicant or of the spouse aged under 18
year old
• Dependents aged 10-30 year old in full time attendance at
an institution of higher learning, and fully supported by the
main applicant.
• Dependents aged 18 or over who are physically or mentally
challenged, and fully supported by the applicant.
• Unmarried daughter of the main applicant aged 30 or under,
and living with and fully supported by the main applicant.
• Parents or grandparents of the main applicant or of the spouse
if aged 55 or above, and living with and fully supported by the
main applicant.
• Spouses of eligible parents or grandparents of the main
applicant or of the spouse.
3) Visa-free travel to over 130 countries including Singapore,
Hong Kong, the UK and the European Schengen countries.
4) Visa-on- arrival to around 140 destinations.
5) Dual citizenship allowed under the laws of Dominica.
6) No obligation to live and work in Dominica.
7) Citizenship may be passed to future generations.
8) Free movement of capital, dividends and profits made outside
of the island.
9) No tax on wealth, gifts, inheritance, foreign income, or capital
gains tax.
10) No personal income tax for residents.
11) No English language requirement.
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Citizenship By Investment
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