Dominica is home to one of the world’s most reputable Citizenship by Investment (CBI) programmes. The Caribbean Island nation enormously benefits from the foreign investment received as part of the Programme, including innovations in agriculture, eco-tourism and the industrial sectors, and the building of new infrastructure, schools, and hospitals.

If you’re looking at exchanging capital investment for an alternative citizenship yourself, we’ve compiled the most Frequently Asked Questions (FAQs) for Dominica CBI by prospective investors.

FAQs Dominica: Investment options

How do I invest in Dominica?

Dominica’s CBI Programme has two investment options:

1.The Economic Diversification Fund

Firstly, an applicant can contribute a minimum of US$100,000 into a government-held account for use towards the country’s Economic Diversification Fund (EDF) — this amount increases should the applicant wish to include additional dependants.

The investment comes with the condition that it benefits the economy directly by supporting EDF initiatives across the agricultural and tourism sectors and financing renewable energy and infrastructure projects.

2.Real Estate Investment

Alternatively, investors can make a real estate investment of at least US$200,000, from a list of government-approved eco-tourism projects, such as hotels, resorts or villas. This amount varies for each initiative, but unlike the first option, is not affected by the size of the investor’s family.

Is real estate a viable investment?

After Hurricane Maria in 2017, Dominica funneled a lot of government spending into infrastructure and the budding eco-tourism sector.

CBI has greatly helped this part of the economy, with international brands such as Kempinski and Hilton landing on Dominican shores. Investors can support acclaimed tourist residences, resorts and hotels, which have been recognised by reputable publications, including Conde Nast Traveller and various awards bodies. For more detail on this investment channel, visit our Real Estate Investment Option page.

What are the benefits of Dominica CBI?

Aside from obtaining citizenship in this gorgeous, exotic country that is home to rainforests, reefs and luscious beaches, you will also have the same rights to live, work, and study in Dominica as any other citizen and benefit from enhanced global mobility.

Although citizens are liable to pay personal tax if they reside in Dominica, the country has no wealth, gift, inheritance, foreign income, or capital gains tax.

FAQs Dominica CBI: Investor requirements

Can investors apply on their own?

All CBI applications require handling by an Authorised Agent that is recognised by the Dominican Government. A list of approved professionals can be found on our Authorised Agents page. It’s crucial that you check that the firm you choose is licenced. This information should be available and easily accessible.

Do I need to be a resident before obtaining citizenship?

No, you do not have to reside in Dominica before or after citizenship is granted.

Am I required to travel to Dominica before becoming a citizen?

You do not have to travel to Dominica during the application process, but we would always encourage prospective citizens to visit and become accustomed to this beautiful country.

Is there an interview?

All applicants sixteen years of age or over will be required to attend a mandatory interview. During this time, a third-party due diligence agency will perform stringent background checks on the information you have provided.

Mandatory Interviews Guidelines

Interviews will be held virtually, via a secure platform. Applicants will be contacted directly by authorised interviewers for scheduling interviews. Thereafter, applicants and their dependants will attend virtual interviews; Authorised Agents/Licenced Promoters cannot attend interviews on their behalf. All applicants must hold identification documents, and supporting documents deemed necessary for the interview.

Interviews will be conducted in the applicant’s native language or a language of his/her choosing. All applicants 16 years and over are expected to attend interviews; applicants who are unable to join with the rest of their family must pay for additional interviews. Documents requested via the interview will be routed via the Authorised Agent.

There is mandatory interview fee of US$1,000 per interview.

The Government desires that all new economic citizens reflect the values of this small, safe country that is known for its genuine and friendly population. Crucially, all applicants must make their sources of their income fully transparent, so that the Government can be sure that their funds are clean.

FAQs Dominica CBI: Agency requirements

What do Authorised Agents need from applicants?

There are a few steps prospective applicants need to complete to become citizens, once they have selected their Authorised Agent. These are:

  1. Complete all official forms.
  2. Attend a medical examination.
  3. Obtain certain supporting documents for their CBI application. These must be submitted in English, with appropriate notarisation and legal approval. For real estate investments, this necessitates a reservation by a sale and purchase agreement.
  4. Submit to background/due diligence checks.
  5. Further discussion with the Dominica CBIU. At this point, Authorised Agents handle all correspondence or further questions which the Unit may have during that time.
  6. Upon approval, make a contribution payment to EDF or an approved real estate project.

How long does the application take?

From submission of the application to an approval in principle, the processing time is approximately three months.

Is the application process confidential?

The application process itself is entirely confidential, except where necessary checks are carried out by authorised due diligence agencies and international partners.

If you have any questions, please don’t hesitate to contact us at your earliest convenience.