Dominica CBI Programme
Launched in 1993, Dominica’s Citizenship by Investment Programme has been ranked as the number one CBI initiative for five consecutive years by the CBI Index. This is a publication by the Financial Times’s Professional Wealth Management (PWM) magazine.
The CBI scheme focuses on the overall quality and integrity of its applicants, only accepting individuals of outstanding character and repute. To ensure credible persons of excellent standing are granted citizenship, comprehensive due diligence checks are performed on all applicants over 16 years of age.
For those who meet Dominica’s citizenship requirements, the idyllic Caribbean island offers one of the best standards of living in the region. Dominica is politically and economically stable, with a low crime rate and rich investment opportunities. Nicknamed the “Nature Isle of the Caribbean”, it is also one of the most beautiful places on earth. Dominica boasts a pristine coastline, acres of unspoiled tropical rainforest, incredible marine biodiversity and a number of natural hot springs thanks to its volcanic origin.
Benefits of Dominica Citizenship
As well as the many advantages of living in Dominica, Dominica citizenship confers many benefits in its own right. These include:
- Global mobility
- Ability to pass on citizenship to future generations
- Citizenship for life, with the right to live and work in the country
- Right to hold dual citizenship
Citizenship by investment in Dominica is available through two options:
The Economic Diversification Fund
Applicants can make a substantial contribution to the Economic Diversification Fund (EDF), a government fund that supports socio-economic initiatives in Dominica. Due diligence and processing fees apply.
- Single applicant USD 100,000
- Spouse of the main applicant USD 50,000
- Sibling of the main applicant or of the spouse aged 18-25 USD 50,000
- Per additional dependant (excluding the spouse of the main applicant and siblings of the main applicant or of the spouse aged 18-25) USD 50,000
- Family of four (excluding siblings of the main applicant or of the spouse) USD 175,000
Pre-approved Real Estate
Under the real estate option applicants are required to purchase Government-approved property. This must be held for a minimum of three years.
Minimum investment: USD 200,000
The following Government Fees apply:
- Single applicant USD 25,000
- Family with up to four members, including the main applicant and up to 3 dependants (excluding a dependant sibling) USD 35,000
- Family with up to six members, including the main applicant and up to 5 dependants (excluding a dependant sibling) USD 50,000
- Family of seven members or more, including the main applicant and at least 6 dependants (excluding a dependant sibling) USD 70,000
- Sibling of the main applicant or of the spouse aged 18-25 USD 50,000
- Sibling of the main applicant or of the spouse aged under 18 USD 25,000
Once an individual’s application for citizenship by investment is approved, an economic citizen can apply for passport at the Passport Office.
What are the Benefits of a Dominica Passport?
Dominican passports are CARICOM passports that are issued to citizens of Dominica for international travel. Dominica passport holders enjoy global mobility and access to over 160 countries and territories worldwide.
Ordinary Dominican passports are valid for 10 years if issued to a person aged 16 or over and are valid for five years for children under the age of 16. They can be renewed at the Passport Office in Roseau (Dominica’s capital city) or at a Dominica High Commission, Embassy, or Consulate.
What is the Dominica Passport Application Process?
The passport application process is separate from the citizenship by investment process, and requires the applicant to present a number of documents, including, but not limited to, a certified copy of the applicant’s Certificate of Naturalisation – the document that is issued to an economic citizen at the end of the citizenship by investment process.
It is possible for an economic citizen to appoint a third party to apply on his or her behalf. Applications for a passport can be submitted as soon as citizenship is received.
How to Re-Apply for a Dominica Passport
Every time Dominican passport holders re-apply for a passport (for example, because their old passport has expired), they must present their old Dominica passport. This will be cancelled upon issuance of the new passport.
CS Global Partners assists clients who wish to obtain citizenship of Dominica, providing them with the guidance and commitment they need to see their application processed seamlessly. Our team then ensures that clients who obtain their citizenship also apply for, and receive, Dominica passports should they wish to.
For successful applicants, the Dominica citizenship by investment application process consists of seven main steps, which are:
Step 1: Pre-approval by CS Global Partners and preparation of the application
Step 2: Submission of the citizenship application
Step 3: Application processing by the Citizenship by Investment Unit and internal and external due diligence checks
Step 4: Approval in principle
Step 5: Contribution to the Economic Diversification Fund or investment in the pre-approved real estate.
Step 6: Citizenship certificate issued
Step 7: Passport application
Is there a residency requirement?
No residency required.
How long does it take to process a Citizenship by Investment application?
From submission of the application to an approval in principle, successful applicants are generally expected to wait three months.
Frequently Asked Questions
What are the investment options under the Dominica Citizenship by Investment Programme?
- A direct contribution to the country’s Economic Diversification Fund
- An investment in pre-approved real estate
Applicants for citizenship should be at least 18 years of age, of good character, without a criminal record, and be able and willing to make the required contribution.
Individuals wishing to apply must engage with an Authorised Agent that assist and prepares the required forms and supporting documents.
Citizens of Iran, North Korea, Sudan, Syria, Russia and Belarus can only be accepted where such persons have not lived in these countries for the last ten years, have no substantial assets there, and are not performing and have not performed any business activity, in whole or in part, in or with these countries.
All applications from citizens of Iran, North Korea, Sudan, Syria, Russia and Belarus will be subjected to enhanced due diligence. The cost of this will have to be borne by the applicant as part of their due diligence fees.
Where Your Funds Go
The funds generated from the EDF are used to support national growth in areas such as healthcare, education, infrastructure, and climate change.
Which family members can I include in my application for economic citizenship?
You can include:
- Your spouse
- Children of the main applicant or of the spouse, under the age of 18
- Children of the main applicant or spouse aged 18 to 30, supported by the main applicant or the main applicant’s spouse
- Children of main applicant or spouse aged 18 or over, physically or mentally challenged, living with and fully supported by the main applicant
- Parents or grandparents of the main applicant or of the spouse if fully supported by the main applicant or the main applicant’s spouse
- The spouse of a person who qualifies as a dependent parent or grandparent, who is substantially supported by the main applicant or the spouse of the main applicant;
- A biological or legally adopted sibling of the main applicant or of the spouse of the main applicant who is 18 to 25 years, single, childless, and who is substantially supported by the main applicant or the spouse of the main applicant;
- A biological or legally adopted sibling of the main applicant or of the spouse of the main applicant who is below the age of 18 years, single, childless, substantially supported by the main applicant or the spouse of the main applicant, and in receipt of consent to make an application under the Programme from all individuals with parental responsibility for that sibling.
What does the due diligence process in Dominica entail?
You will be vetted by multiple entities:
- KYC (know-your-customer) checks performed by local authorised agents.
- Internal checks including AML (anti-money laundering) and CTF (counter-terrorism financing) vetting by the Citizenship by Investment Unit.
- Mandated international due diligence firms perform online and on-the-ground checks
- Regional and international crime prevention bodies check that you aren’t on any wanted or sanctions lists
Are citizens of certain countries not allowed to apply?
Applications are welcomed from all nationalities; however, citizens of Iran, North Korea, Sudan, Syria, Russia and Belarus will only be accepted if they have not lived in these countries for the last ten years.
Is This Programme for Me?
The Dominica Citizenship by Investment Programme is a good value for money for both individual applicants and families looking to apply for second citizenship.
The following is also a good fit for the programme:
- Single professionals who want to broaden their horizons
- Families of four who would eventually like to add dependants such as grandparents or siblings
- Individuals looking to study abroad
- Digital nomads who want greater global mobility