Dominica The Best Citizenship by Investment Programme

Dominica Economic Citizenship Program legally offers individuals and families worldwide an irrevocable second citizenship and passport in only four to six months with no visit to the country required. The Caribbean island nation has an excellent international reputation, and consequently, the Commonwealth of Dominica passport provides visa-free or visa on arrival access to more than 115 countries around the world including the entire European Union, Switzerland, UK, Singapore, Russia, Brazil, and Hong Kong. The Dominica citizenship through investment program is legally entrenched in law, and since local law does not contain any restrictions on holding dual nationality, obtaining second citizenship by investment in the country is a confidential process that does not require a person to renounce their existing citizenship.

In addition to having no physical residency requirement, the Commonwealth of Dominica citizenship by investment program has no language, age, business experience, or educational requirements, and there is no mandatory interview. The economically secure country with a parliamentary democracy enjoys one of the highest standards of living in the Caribbean, has no taxes for non-residents, boasts the lowest crime rate in the entire region, and is arguably one of the most naturally beautiful places on earth with lush green mountains, countless pristine rivers and waterfalls, and stunning white and black sandy beaches. Best of all, the Commonwealth of Dominica offers the cheapest citizenship by investment program in the world with reputable second passports starting at only $100,000 USD.

Eligibility for Dominica Citizenship Program
Section 101 of the Dominica Constitution and Section 8 and Amendment 20(1) of the Citizenship Act define the investor program in law, legally granting eligible persons instant citizenship in the country by a Certificate of Naturalization. The Dominica Citizenship by Investment Unit (CBIU), a recently established government authority within the Ministry of Finance, enforces all regulations under the passport program and is the regulatory body that ensures only worthy applicants are accepted. In order to be considered eligible, the main applicant must be at least 18 years of age and must meet all the Dominica immigration requirements outlined below.
Financial Investment
To be eligible for Dominican citizenship by investment, a candidate must either make a significant economic contribution to a government fund or purchase approved real estate on the island. In both cases, the applicant must officially commit to making the investment before applying to the investor program, but does not actually have to pay in full until after approval in principle.
To qualify for Dominica citizenship by investment under this option, the following non-refundable monetary contributions must be made to the Economic Diversification Fund:
Single applicant - USD $100,000
Main applicant and spouse - USD $150,000
Main applicant, spouse, and up to 2 children - USD $175,000
Additional dependents - USD $25,000 each
Eligible siblings 18 to 25 - USD $50,000 each
These contribution amounts are significantly lower than other citizenship by investment countries in the region with comparable passports. The Dominican Economic Citizenship Program offers astounding value to its participants, and no other reputable investor citizenship program has such affordable investment criteria making Dominica the cheapest citizenship by investment program in the world. The cost to become a Dominica citizen will likely increase substantially in 2021 or 2022, bringing the country's prices more in line with other Caribbean citizenship programs
To qualify for Dominican citizenship under the real estate investment option, an applicant must buy approved real estate in the country for at least USD $200,000 and maintain ownership for a minimum of three years. If the applicant maintains ownership for five years, they are eligible to re-sell the property under the citizenship by investment program. The following government application fees are due when applying to the Dominica Economic Citizenship Program under the real estate category:
Main applicant - USD $25,000
Spouse - USD $10,000
Family of up to 4 - USD $35,000
Family of up to 6 - USD $50,000
Family of 7 or more - USD $70,000
Additional dependents - USD $25,000 each
Eligible siblings 18 to 25 - USD $50,000 each