Dominica Program Details and History
Dominica, officially the Republic of Dominica, is an island country in Central America. Dominica, part of the Lesser Antilles in the Caribbean Sea, is located south of the island of Hispaniola. Its capital is Roseau. Discovered by Spanish explorer Christopher Columbus, the island was long under the influence of Spanish and French colonialism. Dominica, which gained its independence in 1978, is an island country with the largest forest cover in the Caribbean and famous for its natural beauty.
Dominica Golden Visa Golden Visa Fund Program Details and History
The Golden Visa program, which has been active in the Caribbean since 1993, is one of the most affordable programs offered in the Caribbean. Offering a donation program starting at $100,000, this Golden Visa program is among the prominent immigration programs because it both grants visa freedom to different destinations in the world and offers a real estate option that can be sold in a short time. The citizenship process is completed in just 4 months.
The 31st most powerful passport in the world
Investors with a Dominican passport, With this passport, applicants will have visa freedom to 145 countries, These countries include the EU Schengen areas and Russia. This program consists of 2 options
Alternatives
- Option
It is basically a donation method. By contributing to this fund, applicants are directly helping to support Dominica and its residents. However, the investment is non-refundable and there is no potential for future profits. Contributing to the Dominica Economic Diversification Fund requires an upfront investment of $100,000 for a single applicant. It requires a larger investment for each additional person added to the applicant’s application. For example, an applicant and their spouse must contribute $150,000, a family of four must contribute $175,000, and larger families must contribute $175,000 plus $25,000 for each additional dependent.
- Option Real Estate investment,
This option requires investors to purchase property in properties approved by the Dominican government to qualify for this program. We typically see options in luxury hotels, condos, or other accommodations as options for eligibility. The minimum amount required for a single applicant is $200,000 and must be held for at least 3 years until sold. For a family of 4, the cost is +$35,000
Visa Free Travel
A Dominican passport allows visa-free or visa-on-arrival travel to over 140 countries, including major destinations such as the United Kingdom, the Schengen Area, Singapore and Hong Kong.
Dual nationality
Dominica allows dual citizenship, which allows you to become a citizen of Dominica while retaining your current citizenship.
Tax Advantages
Dominica has no income, capital gains, gift, inheritance or foreign income taxes, reducing your tax burden.
Investment Options
Dominica offers a variety of investment options, such as real estate investment or donations to government funds, helping investors find an option that suits their preferences and budget.
Family Involvement
Along with the main applicant, spouse, children and, under certain conditions, dependent parents may also be included in the program.
Living conditions
Dominica is known for its natural beauty, tropical climate, and low crime rates, providing an environment that offers a high quality of life.
No Physical Presence Requirement
You are not obligated to live or spend a certain amount of time in Dominica after obtaining citizenship.
Economic Benefits
Dominica's stable and growing economy offers attractive opportunities for investors.
Education and Health
Dominica offers good education and healthcare, which is a major advantage for families.
Nature of the Program
Investment Amount:100.000 $ / 200.000 $
Type of Investment:Donation / Real Estate
Expenses :50.000 $ / 120.000 $
The Process from Start to Finish:3 months
Visa-free Travel Countries:143 Countries
Discover Dominica
Country Location : Caribbean
Neighbors of the Country: Island country
Official Languages : English
Religion : Christianity
Country Population : 72.000