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Tuesday, November 5, 2024
CEOWORLD magazine - Latest - Special Reports - Report: Dominica Citizenship by Investment Programme, 2023

Money and WealthSpecial Reports

Report: Dominica Citizenship by Investment Programme, 2023

Dominica

The Dominica Citizenship by Investment Program, established in 1993, offers a range of investment choices and rigid regulatory systems. It’s valued for being one of the most effective and straightforward paths to economic citizenship and is instrumental in financing social and ecological endeavors – particularly sustainable growth – in Dominica.

  • Two investment options
  • Minimum investment amount: US$100,000
  • Application processing time: 90 days

The Dominica Citizenship by Investment Programme is renowned for its fast processing times – with the Citizenship by Investment Unit providing applicants with a response within 90 days from the date of application submission.

Dominica’s Citizenship by Investment Program ranked 2nd in the Citizenship By Investment Index, 2023, by the CEOWORLD magazine.

Dominica

Dominica’s CBI Programme offers two investment options

  1. ECONOMIC DIVERSIFICATION FUND (EDF): Single applicants are to make a minimum contribution of US$100,000 to the EDF. This value increases as family members are added to an application.
  2. REAL ESTATE INVESTMENT: The minimum real estate investment is US$200,000 into an Approved Project. It must be held for a minimum period of three years.

The CBI Unit is the government authority tasked with managing and processing applications for economic citizenship. To qualify for Dominica’s CBI Programme, applicants must have a clear criminal record and prove they are of good character through a series of extensive due diligence checks. The application process in Dominica is straightforward, with no travel or residence requirements, either before or after the citizenship process.

Applicants are not required to learn English, nor demonstrate a minimum level of education or business experience. However,
applicants aged 16 years or over are required to attend an interview as part of the due diligence process. Dominica’s CBI
Programme has one of the fastest processing times in the CBI industry. An applicant will be notified by the CBIU within 90 days of acknowledgment of submission of their application whether it is: approved-in-principle, denied, or delayed for cause.


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CEOWORLD magazine - Latest - Special Reports - Report: Dominica Citizenship by Investment Programme, 2023
Anna Papadopoulos
Anna Papadopoulos is a senior money, wealth, and asset management reporter at CEOWORLD magazine, covering consumer issues, investing and financial communities + author of the CEOWORLD magazine newsletter, writing about money with an enthusiasm unknown to mankind. You can follow CEOWORLD magazine on Twitter, Facebook, Instagram, or connect on LinkedIn for musings on money, wealth, asset management, millionaires, and billionaires. Email her at info@ceoworld.biz.