Citizenship by Investment
Dominica Citizenship by Investment
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About Dominica Citizenship by Investment
The Dominica Citizenship by Investment program was established in 1993 to lure international capital. Due to its comparably lower investment requirements and the profitable investment alternatives available, the program is currently one of the most sought-after economic citizenship schemes. Interested in getting a Dominican Second Passport? Contact us today! We at MTR Expert specialize in offering consultancy services to business investors seeking alternate Citizenship and a second passport from Dominica.
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Apply for a Dominica Second Passport
Highlights of Dominica's Second Passport
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Investment
The minimum investment of USD 100,000 should be contributed to Dominica Economy Diversification Fund to qualify for a Dominica Second Passport.
Passport Issuance Time
From the application submission to the issuance, the time frame should be around 4 to 6 months.
Mobility
You will get access to travel to more than 144 countries.
Dependents
Can sponsor your dependents (Spouse, Children, and Parents) for a Second Passport.
Investment Options to Apply for a Dominica Citizenship by Investment
Explore investment options available to applicants of the Dominica Citizenship by Investment program.
Investment in Real Estate
Contribution to Dominica Economic Funds
Eligibility Criteria to Apply for a Dominica Second Passport
Get started now to check your eligibility criteria to apply for a Dominica second passport.
- Applicants should be over 18 years of age
- Should complete a health and medical check-up
- Must have no criminal records and should provide a police clearance certificate
- Should be willing to invest in real estate or interested in contributing a non-refundable amount of USD 100,000 and USD 175,000 for applying for a second passport for a family of four.
All You Need to Know About Dominica Citizenship
Why Get a Dominica Second Citizenship?
- Dominica's passport is the strongest passport for investment opportunities.
- It offers visa-free travel access to around 140 countries, including Singapore and Hong Kong.
- Minimal taxation and zero capital gain taxes
- You can enjoy a full residence status inside the country with the right to live, work, and study
- There is no mandatory requirement to stay inside the country after Dominica's Second Passport issuance.
- Your spouse and children will get benefits from the program
- Dual Citizenship is allowed, so there is no need to renounce your native passport
- The Dominica Citizenship by Investment program is available for almost all nationalities.
Documents Required to Apply for a St Kitts and Nevis Second Citizenship Program
The Dominica Citizenship by Investment Program comes with many benefits like – low investment, a strong passport, opening a lot of business opportunities, and the possibility of getting a refund if you choose an option with the purchase of the real estate. To get started with the application process, the documents required are as follows:
- Duly filled and signed the Second passport application form
- Three passport-sized photographs with white background. Make sure the photograph complies with the standard rules for a passport photo.
- Medical Examination Certificate
- A copy of the passport
- Proof of residence (utility bills for the last 3 months)
- Latest 12 months' bank statement to prove that you have enough funds to make an investment inside the country for obtaining residency ship.
- Educational qualification documents (if requested by the case officer)
Procedure to Apply for a Dominica Citizenship by Investment
Check for Prequalification
Before submitting your application, the MTR Expert team will perform a preliminary inspection. This helps us identify and address any risks associated with the approval of your application.
Creating Documents
We compile the necessary paperwork to formally apply for Dominica's CBI Unit once we have identified and eliminated all potential concerns. We at MTR Expert can assist you in gathering the paperwork needed to apply for Dominican Citizenship by investment.
Check for Due Diligence
We'll submit your application to Dominica's CBI Unit after we've checked, validated, and prepared the necessary paperwork. The relevant division will conduct a due diligence investigation to confirm all the data in the investor's application. Investors and dependents older than 16 must submit a due diligence investigation.
Application Approval
Typically, if your Citizenship by investment application is accepted, you will receive a response within 30-45 days.
Compliance with the Investment Criteria
Following application acceptance, the investor is required to meet the investment requirement.
Passport Issuance
The applicant and dependents will obtain their passports 4-6 weeks after the investment is made and approved.
Why Choose MTR Experts for Getting a Dominica Second Passport?
- 10 years of experience in providing immigration consultation for business investors globally
- Trusted by 100 business owners to get citizenship in their dream country.
- Our team of experts works with you to get all the paperwork done.
- We will be available anytime to provide you with the best support via email, phone, and direct consultation.
Get in touch with us now to apply for a Dominica Second Passport!
Frequently Asked Questions
1. How much does Dominica citizenship cost?
Cost of Dominica citizenship by investment. Dominica citizenship by investment program is one of the cheapest in the world. To get more on the investment options available, discuss with our consultants now!
2. Why Dominica Passport is considered as the strongest one?
You will enjoy access to more than 142 countries without any visa restrictions. Because of this, it receives a high mobility score overall, making it a desirable passport. Passport holders from the Dominican Republic can enter Singapore, the United Kingdom, Russia, Israel, and the entirety of the European Union without a visa and can obtain one at the airport.
3. Can a Dominican citizen legally reside in Europe?
Any Dominican national wishing to travel to Europe for a period longer than 90 days or for a reason other than one covered by the ETIAS program must apply for a Schengen visa. Discuss with us for more info.
4. As a foreigner, can I buy a property in Dominica?
Yes, Dominica's citizenship by investment program allows foreigners may purchase residential or commercial property on the island.
5. Is Dominica tax-free?
Dominica has no taxes. Income from the Dominican Republic is taxable, but foreign-source income is generally not. Both inheritance and real estate taxes do not exist.