The Commonwealth of Dominica has had a Citizenship by Investment (CBI) programme since 1993, making it one of the world’s longest-running. This allows non-citizen investors to obtain a Dominican citizenship in return for investing in the country’s Economic Diversification Fund, or the purchase of pre-approved real estate. In order for the Programme to have a legal basis, it is enshrined within various laws of Dominica. Here we take a look at the relevant legislation.
The Constitution of the Commonwealth of Dominica
Dominica’s CBI Programme is framed within Section 101 of the Constitution of the Commonwealth of Dominica. This mandates that Parliament can allow the “acquisition of citizenship of Dominica by persons who are not eligible or who are no longer eligible to become citizens of Dominica”.
Commonwealth of Dominica Citizenship Act
The Commonwealth of Dominica Citizenship Act was made part of Dominican law in 1978, and addressed the matter of acquiring citizenship of the country. It outlined in sections 8 and 9 that individuals who participated in the CBI Programmes would be granted a naturalisation certificate in this scenario.
The Commonwealth of Dominica Citizenship by Investment Regulations
The Commonwealth of Dominica Citizenship by Investment Regulations 2023 (the 2023 Regulations) were gazetted on 14 December 2023 and came into effect immediately. The 2023 Regulations repeal the existing regulations and amendments. The 2023 Regulations set out the minimum investment amounts, define key terms, specify the eligibility criteria for main applicants and their dependants, detail instances where citizenship applications can be denied or citizenship revoked and detail the roles and responsibilities of Authorised Agents and Licenced Promoters.