PASSPORT FROM DOMINICA GIVES VISA FREE TRAVEL TO 136 COUNTRIES + CANADA, HONG KONG, SINGAPORE, U.K. AND THE SCHENGEN AREA

The Caribbean island of Dominica offers excellent citizenship opportunities for wealthy foreign nationals who are willing to invest in the nation. One of the oldest citizenship programs around, the Dominica Economic Citizenship Program (established in 1993), offers individuals dual citizenship and a second passport that allows holders to travel to over 115 countries worldwide without the need for a visa.
Unlike other citizenship investment programs, the Dominica has considerably more lenient requirements for a successful application. Investors are not required to meet any criteria based on age, language, business experience or educational background, and there is also no requirement for a compulsory interview. The fairly low barrier of entry for foreign nationals wishing to gain a second passport in the Caribbean makes the Dominican Citizenship program one of the most sought after in the world. Best of all, it is also one of the cheapest second passport exchanges around, with some citizenship – by – investment programs starting at just $100,000 contribution. However, Dominica does still have a number of important legal requirements for anyone wishing to obtain citizenship and all criteria should be met before RIF Trust help you with the process of application. These include a clean background check with no criminal record or trouble with the police, good health (no history of contagious diseases) and also to meet the financial requirements as set out by their passport investment option.
To qualify for Commonwealth of Dominica citizenship under an investment option, the following non-refundable financial contributions must be made to the national fund:

  • Single applicant - USD $100,000
  • Main applicant and spouse - USD $175,000
  • Main applicant, spouse, and up to 2 children under 18 years of age - USD $200,000
  • Additional dependents - USD $50,000 each

ROUTE TO THE COMONWEALTH OF DOMINICA CITIZENSHIP PROGRAM

BUSINESS MODEL

THE GOVERNMENT FUND

THE GOVERNMENT FUND was established through the economic citizenship program as one component of anational capital mobilization portfolio towards an ultimate goal of national development for Dominica.Generated funds are utilised for public and private sector projects where a need is identified. Public sector projects include (1) buildingof schools, (2) renovation of the hospital, (3) building of a national Sports stadium and (4) towards the promotion of the Offshore Sector.Private sector projects, emphasis is on the tourism, information technology and agricultural sectors.

CONTRIBUTION AMOUNTS

1. Single Applicant: a non-refundable contribution of US$ 100,000 is required2. Main Applicant and Spouse: a non-refundable contribution of US$ 175,000 is required3. Applicant with up to three dependents (Applicant plus spouse and two children below the age of 18): a non-refundable contribution ofUS$ 200,0004. Applicant with up to four dependents or more (Applicant plus spouse and more than two children below the age of 18): a non-refundable contribution of US$ 200,000 (plus US$ 25,000 for each additional dependent).

REAL ESTATE OPTION

To qualify for citizenship of Dominica under the Real Estate Option under the Citizenship by Investment Program, an applicant mustpurchase authorized real estate to the minimum value of US$ 220,000.GOVERNMENT FEESUS$ 50,000 for the Main ApplicantFamily of four (main applicant and three dependents) - US$ 75,000.Family of six (main applicant and five dependents) - US$ 100,000.For families comprised of more than five dependents, the relevant amounts outlined above based on family composition apply.US$ 25,000 for children over 18 but under the age of 28US$ 25,000 for elderly dependentsUS$ 20,000 for children under the age of 18 are added into the calculation of final fees.The real estate must be held for 5 years and may be eligible for re-sale under the Citizenship by Investment Program after 5 years fromthe original purchase date.