Dominica Entrepreneur Visa Program | Citizenship by Investment
June 28, 2023
This article will fill you in on the qualifications and benefits of the Dominica Entrepreneur Visa Program and some things to consider to know if it’s right for you.
The beautiful Caribbean island nation of Dominica is known worldwide for its citizenship by investment (CBI) program. You make a donation or invest in a piece of real estate, and you get a passport in a few months.
Dominica’s CBI program is rated as the best value option in the Caribbean. It’s also tied for first place as the cheapest economic citizenship that you can obtain anywhere in the world.
If that’s not enough, Dominica’s citizenship by investment program is now offering what none of the other CBI programs in the Caribbean have done — they’re offering a cheaper entrepreneur visa option for as little as $50,000.
If you want to see more details about Dominica or look into Dominica’s other CBI options, check out our ultimate guide to Dominica Citizenship By Investment“
If Dominica doesn’t catch your eye, don’t worry. The Caribbean region has several other CBI programs available at the same price. Caribbean passports are some of the best in the world and can add immense value to your offshore portfolio.
So what are you waiting for? Get in touch with us today to get your Caribbean citizenship.
Dominican Entrepreneur Visa Program Requirements
- Invest $50,000 in a government-approved business or
- Invest $100,000 in a new start-up company that you have more control over. But that will still need to be in certain sectors of the economy.
- Invest $100,000 in a government-approved public sector or a private-sector venture.
Benefits to Dominica’s Investor Visa
First and foremost, the benefit of being a citizen by investment in Dominica is that it’s a great value and one of the lowest cost investments. After all, $50,000 is about as low as you can go for investments. In addition, where most citizenship by investment programs are donations, this entrepreneur visa provides the potential to regain some of your investment. If you take the second option when choosing to be a Citizen by investment in Dominica and invest $100,000 in your own company, you’ll be paying more, but you’ll also be able to recoup some of the investment costs through your company’s earnings. While the $100,000 deposit in a Dominican bank may seem like a drawback, it can actually act as a great way to establish ties to the island which helps both with growing your business and when applying for citizenship. You’re also able to use the funds once they’re deposited, so they’re not lost to the process. In addition to these benefits, the visa can extend to your family and they can join you on the island as you all work towards being a citizen by investment in Dominica. Beyond the Dominica immigration visa, Dominica itself has much to offer in terms of citizenship. It will give you visa-free travel to 134 countries including Europe’s Schengen zone, the United Kingdom, Hong Kong, Malaysia, Singapore, and Turkey. Dominica allows dual citizenship and citizenship will pass on to your children. There are also great tax advantages when you become a citizen by investment Dominica, especially if you’re looking to do business on the island. There is no wealth, gift, inheritance, or capital gains tax in Dominica. It also has double taxation treaties with the US and the Caribbean Community (CARICOM). No restrictions on the repatriation of profits or imported capital, several corporate tax incentives, full exemption from import duties, as well as tax relief benefits and export allowance. They also have generous tax holidays and other import duty and tax waivers.Is The Dominica Entrepreneur Visa Right For You?
Dominica Entrepreneur Visa, the new one, offers new possibilities for citizenship by investment in the public sector or in a startup of your own.
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