In 1993 the concept of Citizenship through investment was introduced whereby the residency requirement was waived. This amendment to the Citizenship Act meant that for a stipulated investment, persons could apply for Dominica citizenship.
Government views this program as one component of its national capital mobilization portfolio towards its ultimate goal of national development and as such intends to channel capital from the program towards public and private sector projects where a need is identified.
Dominica Citizenship Investment Options :
Package A: Single Applicant
A non-refundable investment of US$100,000.00
Package B: Family Application One (Applicant and spouse)
A non-refundable investment of US$175,000.00
Package C: Family Application Two (Applicant plus spouse and two children below the age of 18)
A non-refundable investment of US$200,000.00
Package D: Family Application Three (Applicant plus spouse and more than two children below the age of 18)
A non-refundable investment of US$200,000.00 and US$50,000.00 for every additional person below the age of 18
Other Applicable Fees
Application fee - US$1,000 per investor (Non-refundable)
Processing Fee - US$200 per applicant (Non-refundable)
Naturalization Fee - US$550 per applicant
Stamp Fee - US$15 per applicant
Dominica Citizenship Requirements :
Investors must be over 21 years of age.
Applicants for Economic Citizenship must be of outstanding character.
Application must be on the prescribed form and all necessary supporting documentation must be provided.
Included in the package also must be a letter of application for economic citizenship addressed to the Minister responsible for Citizenship stating the reason(s) for applying for economic citizenship.
Application forms must be signed by applicant or by the parent or lawful guardian of children below eighteen (18) years old.
Applicants must have a basic knowledge of the English language.
Each investor/applicant under the program shall deposit into the appropriate account at the National Commercial Bank of Dominica the amount of their investment. This amount shall not be withdrawn from the account unless the application is withdrawn, rejected or approved. In either of the first two cases the applicant will be refunded. However, if the application is rejected because of false information or declarations, forged or fraudulent documents submitted by the applicant then the investment will be forfeited to the Commonwealth of Dominica and shall not be refunded.
If the application is refused, all sums (net of bank charges and exchange rate differential) paid into the designated account shall be refunded to the applicant within one (1) month of the rejection of the application. However, no sums paid as fees to Government on applications for economic citizenship shall be refunded. A request for refund shall be addressed to the Minister for Finance.
Processing of applications for economic citizenship can take at least eight (8) weeks.
All applicants for must have a promoter/agent. Overseas promoters must work with a local agent/promoter.