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164,000
East Caribbean dollars (XCD), tied to USD
UTC-4
With stunning mountain scenery, redolent colonial architecture and white sandy beaches, Dominica is arguably the Caribbean’s most beautiful island country. Officially termed as the “Commonwealth of Dominica,” the country offers one of the oldest and most prestigious economic citizenship programs in the Caribbean. The country has a mixed economic system that is dependent mainly on agriculture and the financial service sector. A unitary parliamentary democracy governs Dominica within the president acting as the head of the state. The country is also a member of several international organizations including CARICOM, OECS, and Commonwealth of Nations. Having been a former French and British colony, English is the official language within the country.
EDF = The Economic Diversification Fund was set up by the Government of Dominica to strengthen its local economy by putting added focus on the education, agriculture, and industrial sectors. For a single applicant, he/she is required to make a non-refundable donation of USD 100,000 to the EDF. The required contribution will increase based on the number of depends that the investor hopes to bring with him.
Real Estate = Under the real estate option, an investor must purchase a government-approved real estate property within the country having a value of USD 220,000. In addition to the investment, applicants are also required to pay government fees based on the number of dependents. The investor must keep the property in his/her possession for five years after which it can re-sold.
To acquire citizenship from the commonwealth of Dominica, applicants are not required to speak its official language or study its culture and history. Listed are some of the other significant benefits that come with a Dominican passport:
The St Lucia Citizenship By Investment Program became operational in January 2016 and is regulated by the Citizenship by Investment Act No 14 passed in 2015, and subsequent amendments. This Constitutional Act gives the Government of St Lucia the right to legally grant citizenship to individuals with no former ties to the country on the basis of an investment, and grants these citizens the right to hold a St Lucia passport.s.
Applicants to the St Lucia Citizenship by Investment Program can pursue four investment routes. Individuals can make a non-refundable contribution to the National Economic Fund – with the contribution determined by the number of dependents, or invest in an approved Real Estate project. The real estate must be held for at least five years after obtaining legal citizenship. Applicants can also invest in Government Bonds or in an approved Enterprise Project.
In an ideal scenario, one can get citizenship and passport from Dominica through their investment program in approximately 3-6 months. For details on advisory fees or to receive a personalized quote based on the number and ages of the dependents, contact our team today!
Single Applicant
Family of 4 (Main applicant + Spouse + 2 Children under 12 yrs)
Single Applicant
Family of 4 (Main applicant + Spouse + 2 Children under 12 yrs)
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