Dominica citizenship by investment is not guaranteed to those with a large income. That’s why the Economic Diversification Fund has been established to assist those seeking this citizenship. Donations to the fund are placed in escrow accounts and will be refunded in full, minus government application fees. There are no residency requirements and no limit on the number of dependents you can have. This is the fastest and most confidential citizenship program in the Caribbean.
No residency requirement:
If you’re considering getting citizenship in Dominica but want to spend less money, you can participate in the citizenship by investment program. This program lets you purchase a property in Dominica and become a citizen. Once you become a citizen, you can resell the property for a profit after five years. It’s a win-win situation.
To be eligible for the Dominica citizenship by investment program, you must invest in real estate in an approved development. For the citizenship program to be valid, you must own the property for three or five years, depending on your investment level. You also need to be at least 18 years old to qualify.
Dominica’s citizenship by investment program allows foreigners to buy Dominican real estate and qualify for citizenship. As a citizen of Dominica, you will receive a passport with a ten-year validity, visa-free travel to more than 121 countries, and a permanent residency card. In addition, the Dominican government does not charge personal income tax.
Fastest citizenship program in the Caribbean:
The Dominica citizenship by investment program has existed for over 20 years and is designed to attract new applicants to this beautiful island nation. The government uses the funds from the program to finance healthcare initiatives and critical infrastructure and to increase the country’s tourism capacity. Applicants must meet a minimum purchase amount to become eligible.
Once a successful application is approved, applicants must invest at least $200,000 in approved Dominican properties. These properties may include luxury hotels, condominiums, villas, and other accommodations. Investing in Dominica citizenship by investment is fast and easy and requires minimal maintenance and upkeep. The investment is based on the developer’s projected income and capital gain projections, which can return the capital invested within five years.