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Everything you need to know about citizenship and residence programs around the globe.
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The Dominica Citizenship by Investment Programme (CIP) was established in 1993 which makes it one of the longest-running in the world. Foreign affluent individuals have been offered citizenship since then in exchange for their contribution to the economic development and growth of the island-nation, to creation of jobs and business opportunities of the people.
To encourage investments, the Government is continuously providing the legislative and administrative framework, as well as fiscal and technical support. Dominica is creating modern, diversified, sustainable, and resilient economic structures to meet the demands of a highly competitive global environment.
Dominica is called a nature isle of the Caribbean; they are developing eco-tourism and attracting more nature lovers each year. Financial services is also a fast-growing sector and Dominica is becoming a major international financial hub with payment processing and corporate services providers generating the main part of its income. In addition, the Dominica citizenship by investment program offers a wide range of benefits for investors:
Apart from making a required investment the applicant must also comply with the following criteria:
An applicant must invest in one of the two options below in order to apply for citizenship.
Foreign investors and their families can choose to make a one-off non-refundable donation to the Economic Diversification Fund (EDF) plus government fees in order to qualify for citizenship.
Applicants can invest in designated, officially approved real estate with a minimum value of $200,000, irrespective of the number of dependants, plus the payment of government, processing and due diligence fees. The property must be maintained for at least 3 years after obtaining citizenship.
Two or more applicants may apply for Citizenship by Investment together by investing in an approved project, provided that each main applicant contributes at least $200,000.
Standard application process takes 3 to 4 months. It may take longer depending on your circumstances.
Step 1: Book an appointment with one of our specialists and sign client agreement.
Step 2: We will prepare and submit all forms and documents.
Step 3: Due diligence checks and processing of application by the government.
Step 4: Approval of the application and making an investment.
Step 5: Obtaining passport.
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