Dominica, the 'Nature Island of the Caribbean,' boasts lush landscapes. Its CBI program, affordable at $100,000, stands out globally, attracting investors for three decades. The new Dominican Entrepreneur Visa, starting at $50,000, adds flexibility.
Introduction
Citizenship-by-Investment (CBI) programs allow investors to legally acquire passports. Governments adopt this for foreign capital, infrastructure, and economic diversification.
What Is Citizenship by Investment?
Dominica, the 'Nature Island,' boasts diverse landscapes. Independent since 1978, it's a small, happy nation with ecotourism allure. Citizenship offers benefits without residency.
Why Dominica?
Dominican citizenship is attainable with a $100,000 donation since 1993, taking about 2–4 months. The Investor Visa program offers citizenship for $50,000, requiring an investment in a business, with a two-year path and 90 days annual stay.
Dominica’s CBI Program
Alternatively, the Citizenship Act allows obtaining citizenship without residing in the country.
Dominica briefly raised its CBI price to $175,000 in 2016 but later reverted to $100,000 amid regional competition. Now, with varied investment options and no government bonds, it's an opportune time to pursue Dominican citizenship.
For Dominican citizenship, donate to the Economic Diversification Program. Prices range from $100,000 to $175,000, supporting public and private projects. Pay fees, make the donation, and get your passport promptly.
1. The Donation Option
Dominican citizenship through real estate: Invest $200,000, resell after 3 years. Government fees: $25,000 to $50,000. Note 5-year wait for selling to another CBI applicant and possible investment loss.
So, what’s your best investment route and are you eligible for the program to start with?You’ve come to the right place for advice.
Conclusion
The Nomad Capitalist team can answer these questions, along with outlining the seven enticing real estate options the program has to offer. And we can also brief you on other ways you can become a citizen of Dominica.
Our experienced team can help you legally reduce your tax rate offshore, protect your assets, invest overseas, obtain a second citizenship, and improve your peace of mind.We’ve helped 1,500+ HNWI entrepreneurs and investors and we can help you, too.