How do I get citizenship through investment in Dominica?
Once you have obtained advice on the most appropriate programme and decided on Dominica you can apply through La Vida as an authorised agent and we will manage the full application for you.
How much does Dominica Citizenship By Investment Cost?
It depends on family size. However, the donation amount for single applicants is $200,000. There are then government and agency fees on top of this.
What is the cheapest way to get citizenship by investment in Dominica?
It is cheaper to apply through donation than through real estate investment. However, with real estate you retain an asset for use and potential resale.
What are the required documents for citizenship by investment in Dominica?
A variety of documents are required to apply for citizenship by investment in Dominica. The list may vary depending on your personal circumstances. La Vida’s in-house processing team will work closely with you and advise on exactly what will be required. Some of the most common documents required for a citizenship application are:
- Passports and ID cards
- Birth certificates
- Marriage certificates
- Police Reports
- Proof of Address
- Proof of Funds / Bank Statements
- Employment records
- Education records
How many countries can I visit visa free with a Dominica passport?
Dominica passport holders can visit 152 countries and territories worldwide visa free. This represents 58.3% of the world’s wealth measured by GDP and 72.4% of worldwide travel popularity based on international visitors. The 152 total destinations include 132 countries and 21 overseas territories. That’s 67.4% of total worldwide destinations. as a Dominican citizen a second passport can open up a world of opportunities.
How Long Does the Dominica Citizenship by Investment Process Take?
La Vida has extensive experience submitting CBI Applications to Dominica and other Caribbean countries. It allows us to quote our own actual figures based on a sizeable number of submissions for each program. Figures you see elsewhere on the web could be borrowed, generically quoted or amended to suit the message. We also caution against agents claiming quicker times. Everyone submits to the same processing unit and there is no favouritism. An agent influences the timeline based on their efficiency in processing prior to submission and ensuring the application is complete and accurate. And then further, in dealing efficiently and knowledgeably with any questions that come back from the CBI unit.
The latest timeline (taken as last two-year moving average) from submission to approval of citizenship for Dominica is 3.5 months. The fastest approval time we have experienced during that period was 2.6 months. Please bear in mind, as with all CBI programmes, once approved there is a further period of bank clearing, making the investment and issue of the citizenship certificate before the application and receipt of a passport. The average additional time for this for Dominica was a further 4.2 months.
Prior to submission, it typically takes applicants an average of 2-6 weeks to gather all the necessary documents to compile their file before submission. La Vida’s team will assist with all aspects of the process. Our market leading client portal offers complete security for documentation and efficient and transparent processing, enabling clients to update their documents at their own pace and track their progress. We feel this leads to the most stress free and efficient process in ensuring a complete and accurate file for submission.
One further point for Dominica is the backlog of CBI applications. This is already built into the figures above. But as we approach the end of 2024 the backlog is past its peak. We hope and expect processing times will come down rapidly from here.
What is the Renewal Process for citizenship in Dominica?
Citizenship once obtained in Dominica is for life. However, it is necessary to renew a passport as with any country. These are now biometric in Dominica and require renewal every 10 years. (Children 5 years).
Will I qualify for the Dominica Citizenship by Investment programme?
Other than making the required investment applicants will need to pass the Dominica government Due Diligence and Anti Money Laundering requirements. The DD and AML tests are extensive and fees are payable on application. However before committing La Vida can provide an initial and free assessment on your likelihood of success for the Dominica citizenship investment program through our own due diligence pre-screening. In addition to our own tests this uses the two most prominent commercially available products available to scan for potential issues and adverse media. Please contact our advisors if you would like your free assessment before proceeding.
What are the legal requirements for citizenship by investment in Dominica?
The Commonwealth of Dominica Citizenship Act became law in 1978 and the CIP programme was launched in 1993. It legislated for investors who met the Dominica citizenship requirements to obtain a naturalisation certificate in return for investing in the Dominica CIP.
Can I Invest in Real Estate to Get Dominica Citizenship?
Yes, investors can qualify for Dominica citizenship by purchasing government-approved real estate. The minimum required real estate investment is $200,000. Real estate provides a potential asset for resale after the required holding period, typically three years.
What Is the Minimum Stay Requirement for Dominica Citizenship?
There are no minimum stay requirements for Dominica’s Citizenship by Investment Programme. You are not required to live in or visit Dominica before, during, or after the application process.
Can I include family in my Dominica Citizenship Application?
You can include your spouse, children up to 30 years old, and dependent parents over 65.
How Much Does It Cost to Add Family Members to a Dominica Citizenship Application?
Adding family members involves additional government fees. For example, a family of four applying through donation will require a minimum investment of $250,000 plus due diligence and processing fees.