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Dominica

Welcome to the Dominica

Citizenship By Investment Program

Dominica, a stunning Caribbean nation, is known for its natural wonders, including hot springs, lush rainforests, and attractions like the Boiling Lake and Trafalgar Falls. Its capital, Roseau, adds vibrancy to the western coast with colorful timber houses and botanical gardens.

Since 1993, the Dominica Citizenship by Investment (CBI) program has been growing in popularity. This tropical paradise is now a top choice for those seeking new opportunities, freedom, and a secure and welcoming environment.

With a thriving eco-tourism industry, expanding agricultural exports, and a robust CBI program, Dominica offers the potential for a bright and prosperous future for you and your family.

1. Capital

Roseau

2. Population

73,925

3. Total Area

750 km²

4. Currency

East Caribbean Dollar

Dominica

Dominica, also known as the Commonwealth of Dominica, is a tropical paradise located in the Caribbean. This beautiful island nation is characterized by breathtaking landscapes, a rich local culture, and a welcoming environment for investment. Through the Citizenship by Investment program, you can discover the opportunities that await you and your family on this incredible island.

Economic Overview

Dominica’s economy is built on three pillars: tourism, agriculture, and its Citizenship by Investment program. The island is famous for its eco-tourism attractions, such as hiking, birdwatching, and scuba diving, which draw in visitors seeking an environmentally friendly and authentic Caribbean experience. Dominica’s pristine rainforests, clear waters, and diverse marine life make it a popular destination for travelers.

Agriculture is another significant sector, with a focus on banana and citrus fruit production. Dominica has also expanded its agricultural exports to include specialty products like coffee, cocoa, and essential oils.

The Citizenship by Investment program, established in 1993, has played a crucial role in driving Dominica’s economic growth. It allows foreign investors to obtain citizenship through non-refundable contributions to the Economic Diversification Fund (EDF) or investments in approved real estate projects. The funds generated from this program have been used to improve infrastructure, education, healthcare, and various other sectors, contributing to the island’s ongoing development.

Geographical Location and Climate

Dominica, located between Guadeloupe to the north and Martinique to the south, is part of the Lesser Antilles in the Eastern Caribbean. It covers an area of 290 square miles (750 square kilometers) and features lush, mountainous, and volcanic landscapes. The island is characterized by volcanic peaks, hot springs, and numerous waterfalls.

Dominica enjoys a tropical climate with temperatures that typically range from 75°F (24°C) to 85°F (29°C) throughout the year. The island experiences two primary seasons:

  1. Wet Season (June to November): This period coincides with the Atlantic hurricane season and brings increased rainfall to the region. While it can be rainy during these months, it contributes to Dominica’s lush greenery.

  2. Dry Season (December to May): This season is characterized by lower rainfall and more consistent sunshine. It’s a popular time for tourists due to the pleasant weather.

Dominica’s mountainous terrain and abundant rainfall contribute to its status as one of the greenest and most fertile islands in the Caribbean, earning it the nickname “Nature Island.”

Language and Culture

Dominica, with English as its official language, is also home to French Patois (Kwéyòl), a Creole language with French roots, widely spoken by residents. The island is inhabited by the Kalinago people, Dominica’s indigenous population, who have preserved their distinct customs and traditions.

Dominica’s culture is a rich blend of African, European, and indigenous influences, creating a vibrant tapestry of music, dance, cuisine, and folklore. The annual World Creole Music Festival and the lively Carnival celebration are notable events that showcase this cultural diversity and creativity.

As a member of the Organization of Eastern Caribbean States (OECS) and the Caribbean Community (CARICOM), Dominica maintains close political, economic, and social connections with other Caribbean nations, further enriching its cultural landscape.

Why Choose the Dominica

Citizenship By Investment Program

Fast Application Process

You can acquire your Dominican Citizenship in as little as 3-4 months without the need to visit or live in Dominica.

There are no residency requirements, and the entire process can be completed remotely.

Additionally, there are no language tests or academic requirements, making the eligibility process straightforward.

Visa Free Travel

Once your Dominican citizenship is approved, you can travel to over 145 countries visa-free.

Family Safety and Future Security

Dominica permits dual citizenship, so you don’t have to give up your original citizenship. Your spouse, dependent children, and parents can also apply for Dominican passports along with you, and citizenship can be passed down through generations.

Business Benefits

Dominica passport holders enjoy attractive tax benefits, including access to incentives like corporate tax advantages, full exemption from import duties, tax relief benefits, and export allowances.

Taxes In Dominica for Expats

Dominica’s tax system plays a significant role in attracting individuals seeking citizenship through the island’s Citizenship by Investment (CBI) program. Its advantageous taxation policies are favorable for economic citizens regardless of their residency status, making the Caribbean country one of the most desirable tax havens for both investors and corporations.

Personal Income Tax in Dominica

Personal income tax rates in Dominica have retained an advantageously low level compared to many global tax schemes. Current brackets range from no tax on income between $0 – $30,000 to a maximum tax rate of 35% for annual income above $80,001. Notably, the average income in Dominica was around $7,870 in 2019 – far below the threshold for tax payments. Economic citizens enjoy various benefits, including zero capital gains tax. In fact, the Dominican tax regime excludes levies on capital gains, inheritance, payroll, or property.

Property and Other Taxes in Dominica

No taxes are levied on purchasing or selling property in Dominica, providing yet another nudge for foreign investment. Though municipal tax, stamp duty, and legal fees may apply during transactions or ownership, the income generated from property sales remains untaxed. For those planning to own vehicles or yachts, yearly road tax/ license and registration fees will apply, respectively. Similarly, various forms of taxes impact different sectors of the economy, each designed to bolster Dominica’s socio-economic environment while still maintaining its allure for overseas investors.

Income Tax Obligations for Non-residents in Dominica

While non-residents normally have obligations to pay tax on income originating from within Dominica, there’s a lack of residency requirements for Dominican citizenship. This means that expats can reap the benefits of the Dominican tax system without actually residing in the country. The same principle applies to corporate entities as well. While local corporations face a 25% tax rate, international corporations do not incur corporate taxes. As an additional incentive, double taxation treaties are signed with CARICOM countries, which help avoid paying tax on the same income twice. Non-residents of Dominica also must note that they are subject to a withholding tax of 15 percent on earnings like dividends, interest on deposits, rental yield, and royalties.

Dominica Process & Benefits

Month 1

Preparation

  1. Sign a retainer agreement for Roziere Global to act as your legal advisor for the application and legal process.
  2. Payment of the retainer fee.
  3. Prepare required documentation.
  4. Payment of government, due diligence, and citizenship application fees.
  5. Submit citizenship application.

Month 2 - 3

Application Process

  1. Government due diligence process.
  2. Citizenship approval is issued.

Month 4

Antigua and Barbuda Citizenship

Upon receiving your citizenship approval, you can continue with your selected investment option (EDF contribution or real estate investment).

    1. Take Oath of Allegiance.
    2. Citizenship Certificate of Naturalization is issued.
    3. Receive your Dominican passport.

1. Visa-Free

It’s important to note that the list of visa-free countries for Dominican citizens can change over time due to negotiations and agreements. While Dominican passport holders have access to more than 140 visa-free destinations, the specific visa regulations of each country may vary in terms of the duration of stay and allowable travel purposes. Therefore, it’s advisable for Dominican citizens to verify whether a visa may be required for longer stays or specific travel purposes not covered by the destination country’s Visa Waiver Policy.

2. Visa On Arrival

Some countries offer Dominican nationals the option to apply for a visa on arrival. This means that when traveling to these countries, Dominicans can enter without having obtained an eVisa in advance. Instead, they can complete the visa application process upon arrival at the destination’s airport.

Here’s how it typically works:

  1. After arriving at the destination airport, the traveler must provide personal and passport information.

  2. The traveler will be required to pay the visa fee.

  3. The visa application process will be completed, which often involves a face-to-face interview with an immigration officer.

Please note that the specific requirements and procedures for obtaining a visa on arrival can vary from one country to another, so it’s important to research and prepare accordingly before traveling.

3. Countries Requiring Electronic Travel Authorization (eTA):

In addition to visa-free and visa-on-arrival countries, Dominican passport holders can also apply for an Electronic Travel Authorization (eTA) when traveling to certain countries like South Korea and Sri Lanka. An eTA is a digital travel document designed for travelers who don’t require a visa for a specific country but still need official authorization to enter. This document can be obtained online before traveling, offering a streamlined and convenient process.

Here’s how the application process for an eTA typically works:

  1. Provide personal and passport information.

  2. Upload necessary documents, such as a passport photo.

  3. Pay the visa fee.

Once these steps are completed, the e-Visa is sent to the traveler electronically, usually via email. It’s important to research and understand the specific visa requirements of the destination country before traveling and ensure you meet all the criteria for obtaining the eTA or eVisa.

4. Staying Up to Date on Changes on Visa-Free Access:

Antigua and Barbuda passport holders should keep in mind that visa-free travel destinations can change over time due to factors like updated visa agreements, temporary travel restrictions, or newly imposed entry requirements.

To ensure a smooth and hassle-free travel experience, it’s essential to stay informed about any new regulations and limitations related to your intended travel destination.

Investment Options

The Dominica Citizenship by Investment Program (CIP) offers potential investors 2 main routes to obtain citizenship in the beautiful Caribbean Island nation.

1. Economic Diversification Fund (EDF) Contribution

2. Real Estate Investment

Both investment options offer several benefits including:
The Dominica citizenship by investment program offers several benefits, including visa-free or visa-on-arrival access to over 140 countries, no requirement to reside in Dominica, no wealth or income tax, and the option to include family members in the application. Additionally, the application process is faster, taking approximately three to six months, and can be conducted remotely.

Option: 01

National Development Fund (NDF) Contribution

The first investment option in the Dominica citizenship by investment program involves a direct monetary contribution to the Economic Diversification Fund (EDF). Here are the contribution amounts:

  • Main applicant: $100,000.00
  • Main applicant and spouse: $150,000.00
  • Main applicant, spouse, and 2 qualifying dependents (excluding siblings): $175,000.00
  • Each additional dependent below 18 years old: $25,000.00
  • Each additional dependent 18 years and above: $50,000.00

Government, Due Diligence and Processing Fees Apply (Contribution is non-refundable).

Option: 02

Real Estate Investment

The second investment option in the Dominica citizenship by investment program involves purchasing government-approved real estate. Here are the details:

  • Minimum investment in an approved real estate project: $200,000.00
  • Property must be held for a minimum of 3 years.

Additionally, there are government, due diligence, and processing fees that applicants must pay.

Government, Due Diligence and Processing Fees apply.

Who can Apply for The Domica Citizenship by Investment Program?

The Dominica Citizenship by Investment program is an exceptional opportunity for foreign nationals to obtain dual citizenship, offering a wealth of benefits such as increased travel freedom and improved lifestyle security. This program is particularly designed for those who meet the following criteria:

For successful enrolment into the Dominica citizenship program, the main applicant is expected to:

  1. Be above 18 years of age.
  2. Exhibit outstanding character traits.
  3. Have excellent health.
  4. Possess no criminal records.
  5. Pass an in-depth background examination.

The program extends to include:

  1. Legally married spouse.
  2. Biological or legally adopted children under 18.
  3. Dependent children between 21 and 30, who are full-time students and financially reliant on the main applicant or their spouse.
  4. Single daughters under 25 who live with and are supported by the main applicant or their spouse.
  5. Dependent parents and/or grandparents over 65 years old.
  6. Unmarried dependent siblings under 26 with no children, allowing for multiple generations to benefit from the investment.
  7. Future generations can also obtain citizenship by descent.
  8. Mentally or physically challenged dependent children.

FAQ

  • It typically takes between three to six months to obtain Dominica citizenship from the submission of a complete application. This timeframe may vary depending on the specific case and the thoroughness of the due diligence process.

  • There is no specific amount of money required to retire in Dominica. However, a comfortable retirement in Dominica would depend on factors like lifestyle, healthcare, and housing preferences. Generally, the cost of living in Dominica is lower than in many Western countries. A budget of USD 1,500 to USD 2,500 per month for a couple should suffice for a comfortable retirement, covering housing, utilities, groceries, healthcare, and leisure activities.

  • Obtaining permanent residency in Dominica can be achieved through different methods such as long-term residence, family reunification or investment. If you are not applying through the Citizenship by Investment Program, you must first reside in Dominica for a certain period (usually five years) and meet specific requirements, such as financial self-sufficiency and good character. After meeting the eligibility criteria, you can apply for permanent residency through the appropriate channels (such as the Dominica Immigration Department). It is important to consult with immigration experts or legal professionals for up-to-date information and guidance on the application process.

  • In Dominica, you will enjoy a tax-free status if you choose not to live there. However, if you decide to establish residency for six months or more after you obtain Dominica citizenship, taxes on worldwide income will be charged. Dominica has double taxation treaties with the USA and CARICOM, allowing unrestricted repatriation of profits or imported capital. The country also offers several corporate tax incentives, a complete waiver from import duties, tax relief benefits, and export allowances. Additionally, Dominica provides generous tax holidays and other import duties and tax waivers.

While open to all eligible applicants regardless of their existing citizenship, our experience reveals that the Dominica citizenship program is particularly beneficial for nationals hailing from:

  1. Afghanistan
  2. Africa
  3. The Arab region

 

These expats find numerous advantages in Dominican citizenship due to the vast array of benefits a second residency or citizenship offers. These include:

  1. heightened physical safety.
  2. better education.
  3. better healthcare facilities.
  4. broader travel opportunities via the Dominica passport – an esteemed travel document recognized globally.

 

Only five countries globally, including Dominica, accept citizenship applications from Afghan nationals. It’s worth noting that those Afghan nationals who migrated before the age of majority and/or have maintained permanent residence in another country for at least ten years are also welcome to apply under certain conditions.

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