Dominica economic citizenship is the cheapest in the world for $100,000, which is almost half the price, compared to other investment citizenship programs running in other Caribbean nations such as, St Kitts , Antigua , Grenada and St Lucia for the same passport benefits. The minimum real estate investment in Dominica stands at $220,000, which is half compared to other countries – St Kitts and Antigua ($400,000).
On July 28, 2016, Prime minister of Dominica, Roosevelt Skerrit, announced that current pricing of citizenship program will remain unchanged stays at $100,000, despite rumors that that prices will hiked by $75,000 as of August 2016.
The Government of the Commonwealth of Dominica first introduced the Citizenship by Investment Programme in 1993 making it one of the longest running citizenship by investment programmes in the world. The funds raised by the Economic Citizenship program in Dominica, contributed significantly to the economic and social development in the country.
| Government Donation | Real estate | |
| Dominica | $100,000 | $200,000 |
| St Kitts Nevis | $150,000 | $400,000 |
| Antigua & Barbuda | $100,000 | $400,000 |
| Grenada | $150,000 | $350,000 |
| St Lucia | $100,000 | $350,000 |
Dominica Prime Minister Roosevelt Skerrit, during his speech also said, “The economic citizenship program has raised more than US$200 million, surpassing all expectations. The funds raised from the program have been a major source of funding in the recovery efforts after tropical storm Erika”, according to Caribbean News Now. Last year, during Aug 2015, tropical storm Erika wiped out 90% of Dominica’s GDP.
A growing number of Lebanese, Egyptians, Arabs, Syrians, Americans, Chinese, Russians, South Africans, seek the passport of Dominica for second passport, fearing, political instability, war, sanctions in their homeland. One most important benefits of becoming a citizen of Dominica is holders of Dominica passport, can visit 120 countries including United Kingdom, 26 EU Schengen states, including Switzerland, Hong Kong, Singapore, Ireland without applying for pre-approved visa. No requirement to visit or live in Dominica. The passport issued valid for 10 years.
Dominica is a member of Common wealth of countries. Dominica passport is recognized in over 120 countries in the world. Dominica passport is ranked 41st in the world passport rankings with visa free travel to 119 countries in the world. Dominica is ranked 7th best passport in the Caribbean, according to Henley & Partners Visa Restrictions Index 2016. The Kochenov Quality of Nationality Index (QNI) places Dominica in 93. The Henley & Partners – Kochenov Quality of Nationality Index (QNI) provides a comprehensive ranking of the quality of nationalities worldwide.
Dominica is currently witnessing boom in real estate development. The real estate prices are way cheaper in dominica compared to Antigua, St Kitts, Grenada where it is much more expensive. The Government has approved two big projects, Cabrits Resort Kempinski and Hilton. Dominica CBIU website also lists Tranquility beach and Silver beach resort and spa are approved real estate projects that will qualify for citizenship. The construction is underway for Cabrits Resort Kempinski luxury hotel at Douglas bay, which is expected to be completed by late 2018 with 100 luxury suite rooms. Investors can buy a piece of share at Kempinski hotel for $225,000 and qualify for citizenship in Dominica.
Dominica is a tropical island nation, 365 rivers, waterfalls, mountains and untouched lush landscape, unlike other Caribbean nations, with white sandy beaches. Over 285,000 visitors arrive by cruise ships to Dominica every year. About 28% of Americans and 18% of Europeans visit the islands every year.
It is very common, to confuse between “Commonwealth of Dominica” and “The Dominican Republic” by several people doing Google search for citizenship. Both are 2 different countries and The Dominican republic does not have any citizenship program.
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