Dominica Passport by Investment

Dominica Passport Investment Options

Dominica offers a citizenship by investment program that allows individuals to obtain a passport through financial contributions.

Economic Diversification Fund Option

The Economic Diversification Fund (EDF) is designed to support both public and private projects in Dominica, focusing on key sectors such as education, healthcare, sports, and tourism. A single applicant is required to contribute USD $200,000 to the EDF, with additional fees applicable for any dependents included in the application.

Real Estate Investment Option

Another option for obtaining citizenship through investment in Dominica is real estate. Applicants must invest in government-approved properties, valued at a minimum of USD $200,000, which must be held for at least three years. Government fees starting at USD $75,000 per applicant also apply.

Objectives of the Dominican Investment Options

Through these investment avenues, Dominica aims to foster a modern, diverse, and sustainable economy that can thrive in a competitive global landscape. The government encourages investments that will drive consistent economic growth, create jobs, and generate business opportunities for its citizens. It is committed to providing a supportive legislative and administrative framework, along with the necessary fiscal and technical assistance, to promote these investment goals. For more information about available investment opportunities in Dominica, please refer to the links below

Processing Time to obtain a Dominica Passport

The application process to obtain a Dominican Passport by investment typically takes about 3 to 6 months.

Due Diligence: Applicants undergo thorough background checks to ensure compliance with the program’s requirements.

Dominica Passport for family members

Like most of the passport by investment programmes, the Dominica citizenship by investment programme also allows applicants to include their spouse, children, and other dependents in their application.

Benefits of Dominica Passport by Investment

• Visa-free or visa-on-arrival access to over 140 countries, including the Schengen Area.
• Full residence status — including working rights.
• No income tax on worldwide income.
• Minimal taxation, with no wealth, gift, inheritance, foreign income, or capital gains tax.
• A stable political and economic environment.

Benefits for families getting a Dominica passport

Dominica has been recognized as one of the happiest places in the world. The island offers a tranquil lifestyle in a safe, peaceful, and pristine environment, complemented by a culturally rich and welcoming community.

Known as the “Nature Isle of the Caribbean,” Dominica is a tropical paradise renowned for its stunning natural beauty. The island is dotted with hundreds of rivers, waterfalls, and rugged mountains, featuring dramatic cliffs that overlook the turquoise sea. In 1998, UNESCO designated Morne Trois Pitons National Park as a World Heritage Site.

Dominica is also home to Boiling Lake, the second-largest hot spring in the world, and hosts numerous rare plant and animal species, including its national bird, the Sisserou Parrot. The calm, clear waters around the island provide exceptional opportunities for diving and snorkeling, with attractions such as shipwrecks and underwater hot springs.

Benefits for business people getting a Dominica passport

The Government of Dominica provides a range of fiscal incentives for entrepreneurs seeking Citizenship by Investment. These incentives include generous tax holidays, waivers on import duties and taxes, and simplified application processes. Below is a brief overview of the business advantages available, but for more detailed information, please reach out to Invest Dominica.

• Minimal Taxation: No wealth, gift, inheritance, foreign income, or capital gains tax, and no personal income tax for residents.
• Double Taxation Treaties: Dominica has agreements with the USA and CARICOM to avoid double taxation.
• Profit Repatriation: There are no restrictions on repatriating profits or imported capital.
• Attractive Incentive Packages: This includes corporate tax incentives, full exemptions from import duties, tax relief benefits, and export allowances.
• Stable Currency: The East Caribbean dollar (XCD) is pegged to the US dollar (USD) at a fixed rate.
• Duty-Free Market Access: Enjoy duty-free access to various markets throughout the Caribb

No Residency Requirement to obtain a Dominica Passport

There is no requirement to reside in Dominica before or after obtaining citizenship.

For more details, get in touch with us