Dominica – Citizenship by Investment
Dominica has long run a program that offers citizenship and residency through investment in the country. Our specialist lawyers can assist from our Mayfair offices.
The Citizenship by investment Program of Dominica is administered by a Dominican Government department called the FSU (the Financial Services Unit).
The program commenced in 1993, and is well respected.
What does Dominica Citizenship by Investment program guarantee ?
Citizenship of Dominica is guaranteed for life. The Dominica passport is valid for ten years in the case of adults and five years for children. At this point, the passport can be renewed.
Holders of the Dominica Citizenship by Investment status enjoy a number of benefits:
(a) pay no tax on foreign income;
(b) pay no capital gains;
(c) pay no gift, wealth and inheritance taxes.
What kind of Investments can you make?
Direct Cash Investment:
The main applicant pays $200,000 (US Dollars) which qualifies the main applicant, spouse and two (2) children under eighteen for citizenship by investment.
Additional members of the family are charged as follows:
(a) An additional $15,000 (US Dollars) per child for children who have turned 18 years but are less than 21 years old.
(b) An additional $25,000 (US dollars) is required for any additional child over twenty-one years of age.
If the applicant is a single applicant, seeking a Dominica passport by investment they would only be required to make cash investment of US$100,000.
Other Fees, including processing fees and stamp fees apply.
Please contact our specialist Dominica lawyers for more guidance, we can be contacted by email or telephone, or by using the contact box on the top right hand of the screen.
© 2014 Westkin Associates – Immigration Lawyer London
Submit your review