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A cost breakdown for obtaining a Dominica passport through investment

10 March 2022

The opportunities given by Dominica citizenship are tremendous. Known as “The Nature Island of the Caribbean,” this country is one of the best citizenship programs in the world, and it’s not for nothing.

Six years in a row, Dominica earned the title of the “World’s Best Country for Second Citizenship.”

Read and explore why the citizenship of this country is worth investing in and how to gain all those benefits for yourself by using just one of the investment Dominica options below.

Dominica Citizenship By Investment Options & Prices

A cost breakdown for obtaining a Dominica passport through investment — Migronis

Dominica Citizenship by Investment Program offers 2 simple and straightforward investment options.

Donation to the Economic Diversification Fund

The Economic Diversification Fund is a special program that supports socio-economic initiatives.

All applicants who want to proceed with this option and get Dominica citizenship should make a non-refundable donation to the government fund. And this would enable a developing country to grow and develop — renovate hospitals, build many new schools, and support a variety of other undertakings across numerous industries.

The EDF is open for donations with the following thresholds:

  1. $100,000 — single applicant
  2. $50,000 — spouse of the main applicant
  3. $75 — spouse of the main applicant + 2 dependent family members
  4. $50,000 — sibling of the main applicant or of the spouse of the main applicant (aged 18-25)
  5. $25,000 — Other dependent family members aged 18-25

Investing in real estate is one of the easiest ways to get Dominican citizenship or a residence permit!

Real Estate Option

The minimum investment amount for real estate investment is $200,000. This sum does not include legal fees or any additional expenses. However, the major draw of this option lies in the return of investment (2-5%).

You can also resell your property after a holding period of five years, and your citizenship will be preserved.

Hot offer! Jungle Bay CBI real estate investment opportunity!

Invest in a villa owned by one of the most beautiful boutique hotels —  get Dominican Citizenship as a gift!

Jungle Bay is the leading luxury and eco-hotel in Dominica, which offers high-end villas to investors under the Dominica CBI program.

The minimum investment— $255,000

TOP 4 facts on Jungle Bay Resort:

  1. Jungle Bay Resort is an award-winning, adventure, and wellness resort, which was marked by New York Times, Forbes, Huffington Post, and CNN
  2. Jungle Bay Resort offers the perfect eco-luxury experience where you can have a rest from city vanity
  3. Enjoy all benefits of this place for up to seven days each year
  4. An opportunity to make a profit on renting your villa

What does the Dominica passport cost?

The citizenship cost largely depends on the type of investment you choose. Another important factor is your number of family members.

The price varies greatly. And you should find the answers to such important issues like…whether you want to return the investment? What about your dependent parents? Or maybe your dependent children, would you like to get them Dominica citizenship?

All this can begin from an initial $100,000, not counting fees. And a total amount for a family of four would be $225,000 (once again, not counting fees). Of course, these prices apply only to Economic Diversification Fund. But keep in mind that this cheap-and-cool government fund will not return the money.

Migronis — Your reliable assistant in the CBI process

When it comes to the immigration process, it’s always best to seek out the help of experienced professionals.

Since 2012, Migronis has been helping people from all over the world to become global citizens. Its founder Anatoly Letaev developed the theory of flags into the philosophy and community of Freedom Unlockers.

Curious? Contact our specialist!

What are the costs and fee structure?

The cost of Dominica citizenship was widely discussed above, and an investment amount depends on the investment unit you choose.

However, do not forget about fees that should be paid in addition to the passport price. Such are:

Government donation fees

  1. Processing fee — $1,000 (per application)
  2. Due diligence fees — $7,500 (for the main applicant)
  3. Certificate of Naturalisation fee — $250,000 (for a single applicant)
  4. Passport fees — $60 (if an applicant is older than 16)
  5. Passport fees — $30 (if an applicant is under 16)
  6. Passport fees — $1,200 (paid to the agent additionally if you wish to speed up the procedure)

Real estate fees

  1. Government fee — $25,000
  2. Due diligence fees — $7,500 (for the main applicant)
  3. Processing fee — $1,000 (per application)
  4. Certificate of Naturalisation fee — $250 (for a single applicant)
  5. Passport fees —$60
  6. Passport fees — $30 (if an applicant is under 16)
  7. Passport fees — $1,200 (paid to the agent additionally if you wish to speed up the procedure)

CITIZENSHIP-BY-INVESTMENTS PRESENTATION

Download presentation to know everything about Dominica CBI Program

 

A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis
A cost breakdown for obtaining a Dominica passport through investment — Migronis

Advantages of a Dominica Citizenship by Investment Program

  1. Benefits for children in British universities for Dominica citizens
  2. No global income, dividends, wealth, and inheritance tax
  3. All family members can obtain citizenship within 1,5 months
  4. Fully remote procedure
  5. Right to live, work, and study in Dominica
  6. Dual citizenship is allowed
  7. No minimum stay required
  8. Visa-free travel or visa on arrival access to 143 countries

The passport of Dominica allows you to freely visit the Schengen countries, Great Britain, Singapore, Hong Kong

Business benefits

  1. Minimal taxation
  2. Double taxation treaties with the CARICOM countries and the USA
  3. Dominica's currency, East Caribbean dollar, is pegged to the USD
  4. Duty-free access to markets across the Caribbean region
  5. No restriction on repatriation of profits and imported capital
  6. Corporate tax incentives, export allowance, full exemption from import duties, and tax relief benefits

A cost breakdown for obtaining a Dominica passport through investment — Migronis

Frequently Asked Questions

Is Dominica citizenship worth it?

Sure! Dominica provides one of the best citizenship programs. If you want to enjoy visa free access to a multitude of destinations and lower your tax burden, then Dominica passport fits your needs. The program is easy, affordable, and fast, so you can get your new passport in less than 2 months!

How much does it cost to buy Dominica citizenship?

The citizenship cost starts from $100,000 and depends on the investment option.

How long does it take to complete Dominica citizenship by investment process?

It should be noted that Dominica passport holders can benefit from its easy, accessible, and fast citizenship scheme. The processing commonly starts from 45 days.

How long is Dominica passport valid?

According to Dominica law, Dominica passport is valid for ten years at a time and can be renewed for life since citizenship in the country is never revocable under any circumstances.

If you are planning to buy a property in Dominica, do not hesitate to contact the authorized agent, such as Migronis

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