Dominica Citizenship Investment Options 2017-05-20T09:44:35+00:00
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Montreal Management Consultants Est. Ltd. has been recognized and appointed by the Government of the Commonwealth of Dominica to represent and promote the Citizenship by Investment Program across the globe.
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Dominica Citizenship Investment Options

The Citizenship by Investment Program of Dominica requires applicants to make an investment into the Dominican economy, either in the form of a contribution to the Economic Diversification Fund, or as an investment in local pre-approved real estate.

Option 1 – Government Fund

The Government Fund was established through the economic citizenship program as one component of a national capital mobilization portfolio towards an ultimate goal of national development for Dominica.

Generated funds are utilized for public and private sector projects where a need is identified. Public sector projects identified for financing under the program include (1) building of schools, (2) renovation of the hospital, (3) building of a national Sports stadium and (4) towards the promotion of the Offshore Sector. With respect to private sector projects, government emphasis is on the tourism, information technology and agricultural sectors and therefore public sector projects to be financed under the program will fall within one of these sectors.

To qualify for citizenship under this investment option, there are four investment categories with different contribution amounts, based on the number of dependents included in the application, which are as follows:

Single Applicant USD 100,000
Main Applicant and Spouse USD 175,000
Applicant with up to three dependents
(Applicant plus spouse and two children below the age of 18)
USD 200,000
Applicant with up to four dependents or more
(Applicant plus spouse and more than two children below the age of 18)
USD 50,000
(plus USD 50,000 for each additional dependent)

Option 2 – Real Estate

To qualify for citizenship of Dominica under the Real Estate Option under the Citizenship by Investment Program, an applicant must purchase authorized real estate to the minimum value of USD 200,000.

Following approval of a real estate investment application, the following Government Fees are payable:

Single Applicant USD 50,000
Family up to 4 persons, including the main applicant  USD 75,000
Family up to 6 persons, including the main applicant USD 100,000
Each additional dependant aged under 18 years USD 20,000
each additional dependant aged over 18 years USD 25,000

Given that the application procedure under this option entails the purchase of real estate, this can prolong the processing time, which is subject to the chosen property.

The real estate must be held for 3 years and may be eligible for resale under the Citizenship by Investment Program after 5 years from the original purchase date.

Dominica Due Diligence and Other Fees

In addition to the capital investment required for the selected investment option, additional fees are payable by each family member. These comprise of the following:

 Processing Fee (per application) USD 3,000
 Main Applicant USD 7,500*
 Spouse USD  7,500
 Dependent aged 16 years and above USD  4,000
 Fee for Certificate of Naturalization USD  750 per person
 Expedited passport issue fee   USD  1,200 per person

*In some cases, an enhanced due diligence may be required depending on the citizenship the applicant holds.