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The Dominica Citizenship By Investment Programme

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The Dominica Citizenship By Investment Programme


St Lucia Vs Dominica Citizenship 2021 Comparison Guide

Who Can Obtain Dominican Citizenship?

If you did not attend College or University, then you provide a certificate showing your highest level of education or training. Where a child in an application is 12 to 15 years old, a Sworn Affidavit stating that the child has no police record must be submitted by the parent or legal guardian of that child. As with other documents, copies of any Military Service document must be notarized, submitted in colour, and translated into English if in a foreign language. These points are particularly important as the Certificates of Naturalization will be written as stated on the birth certificate, and in order for the passport to be issued all of these details must be present and match. The birth certificate must clearly state the date and place of birth, including the full names of each parent and if it is not in English it should be translated into English by certified translator. Investors who apply through Real Estate Option sign the Preferred Share Sale and Purchase Agreement, which serves the same purpose as Form D4 for applicants through Donation Option.

Some countries do not require you to be physically present at all, while others require at least one visit, or even long-term physical residency before they grant citizenship. Purchasing government bonds is a way to obtain permanent residency or citizenship without risking capital or being personally involved in a business enterprise. The respective country’s government guarantees the bonds, and your full investment is returned without accruing interest. This can be accomplished through different types of established investment options including real estate, government bonds, establishing a business, development funds, etc. To qualify for Citizenship by investment programme, you need to make an investment in a designated real estate project approved by the Government of Dominica, such as the The Cabrits Resort & Spa Kempinski, Dominica.

Entrepreneur Visa Program Option

If you don’t have a consistent cash flow, you can deposit $200,000 and qualify for a second passport. If you have lived in the Dominican Republic for 30 days or more , each applicant 16 years of age and older should provide a Certificate of Good Conduct by the Dominican authorities. Police clearance report or FBI background report showing no criminal record. If you have lived abroad for 5 years or more, this should come from your country of residence.

dominica citizenship

Dominican passport-holders Visa-free travel to over 115 countries and territories, including Europe’s Schengen area, the United Kingdom, Singapore, and Hong Kong. English is the official language, but a French patois is commonly spoken, and the original Carib language is evidenced in a number of place-names. The majority of the population is Roman Catholic, but there are also Methodists, Pentecostals, and Seventh-day Adventists. Dominica experienced out-migration throughout the 1970s, a trend that culminated with a massive exodus after Hurricane David in 1979. In 1992 the government initiated a controversial scheme to offer “economic citizenship” to investors from other countries.

What Should Be Outlined About Dominica, As A Country?

If you want something with less involvement, but is fast and still relatively low cost, just make the donation. Amazon Fulfillment by Amazon sellers, e-commerce folks, business people who have a quick turnover, and so on — the $100,000 difference between the two options could go toward much more profitable investments. By investing in CBI real estate, they could make a small profit over the next five years while getting what is essentially a free second passport out of the deal. Unlike the other programs, you will need to spend some time in the country.

dominica citizenship

For further information on how the application process works, please contact us. Please note that nationals Iran, Iraq, Chechnya, Somalia, Sudan, Yemen, North Korea, Pakistan and Saudi Arabia are currently not eligible for applying under the program, unless they hold permanent residence outside of their country of birth. Alternatively the north west coast also offers some beautiful properties for sale close to Dominica’s second-largest town of Portsmouth, as well as parcels of land for real estate development. Individual applicants choosing the Government Fund contribution option have to make a payment of US$100,000 plus due diligence fees of US$7,500.

Once you’ve received the letter approving your application, you can make the respective payments and, in this way become a citizen of Dominica and a second passport holder. The Dominica Citizenship by Investment Programme is the second oldest of its kind, having been launched in 1993 and reformed in 2014. Investors from Saudi Arabia, Pakistan, Yemen, North Korea, Sudan, Afghanistan and Somalia are not allowed to apply for Dominica citizenship program. A nonrefundable contribution of US$175,000 qualifies the main applicant and the applicant’s spouse.

dominica citizenship

Before the global lockdowns, Dominica was witnessing an emerging eco-tourism sector that received international acclaim. The island’s real estate options had garnered the attention of leading publications such as Travel + Leisure, Caribbean Travel Awards and Conde Nast Traveller. Additionally, Dominica’s tourism sector has been bolstered in recent years, thanks to the island’s citizenship program. The CIP has helped fund globally-renowned brands like Hilton and Kempinski on its shores while also supporting unique boutique resorts like the 6-star Secret Bay. Fast citizenship-by-investment programs are not available in Latin America; you can find them in the Caribbean.

Approximately two weeks after filing, the foreign national will be called to appear personally before the Department of Interior in the Dominican Republic for an interview, conducted solely in Spanish. Within five months after the interview, the foreign national will be summoned to personally take the oath of citizenship, granted and signed by the President of the Dominican Republic. Approximately two months after taking the oath, the foreign national will be issued a Dominican birth certificate, and be permitted to obtain a Dominican identification card (Cédula de Identidad Personal).

Dual citizenship is permitted in Belgium, where it can take five years to become a naturalized citizen. It is best to ask a consulate, lawyer or diplomatic adviser who can look into your unique circumstances. Turkish staying permit While our best efforts have gone into producing the information below, it is provided with no guarantees as to its accuracy, as the citizenship laws of different countries do change often.

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