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Benefits of holding a Dominica passport

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Who is recommended to have a Dominica passport? What are the benefits of obtaining a residence permit in Dominica? Do you know how to get the most out of visa-free travel with your Dominica passport?

 

The country of Dominica

 

Dominica is a republic of the Commonwealth of the Caribbean with a parliamentary democracy. Its capital is Rousseau and its population is less than 500,000. Dominica’s unique nature, endless recreation, and relatively easy accommodation make it one of the most popular places to stay. The occupation of the people of Dominica is mostly based on tourism, fishing, agriculture, and foreign investment, and their official language is English and their currency is the East Caribbean dollar.

It is an attractive island nation that offers beaches for relaxation, clear Caribbean waters for swimming and diving, and a vibrant and established urban center in its capital, Raso. Dominica is a great place to live and raise a family with a stable currency, government, economy, and a clean and healthy environment.

We must say that the passport of Dominica and its residents allows global movement and visa-free travel to more than 140 countries in the world.

including England, all Schengen member countries in Europe, China, Singapore, Hong Kong, and Russia.

 

What are the conditions for obtaining a Dominica passport?

You can get a passport by paying a fee and without staying in this country. The most affordable way to become a citizen in Dominica is through the participation option. It starts at just $100,000 for a single applicant plus fees or $200,000 for a family of four.

If you do not have a criminal record, your information will be checked and you will be granted lifetime citizenship in about 60 to 90 days.

 

How to become a Dominica citizen?

Select Guide Consultants as your authorized agent

The initial requirement for Dominica citizenship is the selection of an authorized agent (you cannot begin the Dominica citizenship process without first selecting your agent). Once you choose Guide Consultants as your authorized agent, you can proceed with the below steps:

 

Donation option

The first option offered under the Dominica CBI program, the donation scheme involves the applicant making a simple monetary infusion into the country’s Economic Diversification Fund, for a minimum of amount USD 100,000.

Real Estate option

Applicants who select this pathway will purchase real estate on the island, for a minimum price of USD 200,000 USD. In exchange for purchasing and holding the property for the proscribed period, the applicant will receive citizenship.

Please note, under the terms of the real-estate option, you cannot simply purchase any property in Dominica for a minimum amount. To be eligible for the real-estate pathway, you must therefore purchase a property offered for sale under the CBI program.

Finally, please note that while those who pursue the real-estate option will automatically obtain Dominica residency through their investment, new homeowners do not need to live in the home they ultimately purchase (or even reside on the island at all) for them to retain their Dominica citizenship and passport).

Gather your required documents

Guide Consultants will help you prepare your required documents. While some of these will depend on the particular pathway you selected (donation vs. real-real estate are required of all applicants (such as a passport and a numb several required forms (among other materials). For a complete list of what you need to submit, see; the “Check the list” paragraph below.

  • Await your decision

The due diligence process for Dominica CBI applications takes anywhere from 2-3 months.

  • Pay your citizenship costs

Applicants must remit payment for citizenship to Dominica nationality. Once your payment is received, you will receive documentation of your citizenship.

  • Apply for a Dominica passport

Once you officially receive your Dominica citizenship, you can then apply for a Dominica passport.

 

Benefits of holding a Dominica passport:

tax-free

As a citizen of Dominica, you will not pay any income, inheritance, or capital gains taxes. Additionally, only residents are subject to personal tax, meaning you are exempt from paying tax if you do not reside on the island.

 

visa-free travel 

A Dominica passport has minimum global visa obligations, allowing you access to more than 140 countries and destinations visa-free or via visa on arrival.

You can travel without a visa to all 26 European Schengen countries: Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, and Luxembourg. Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland.

Dominica passport holders can also travel to the following non-Schengen countries in Europe: Russia, the United Kingdom, Romania, and Serbia (among others).

In addition to the above European countries, the Dominica passport also allows you to travel almost without a visa to the following countries: South America, including Brazil and Argentina, Singapore, Indonesia and Malaysia, and Africa (Kenya, Tanzania, and Botswana).

 

Dominica’s dual citizenship 

Unlike many other countries around the world, Dominica has dual citizenship. This means that you can retain your original citizenship by becoming a Dominican citizen.

 

No Dominica residency requirements 

Zero residency requirements mean that you do not have to live in Dominica for your citizenship and passport to remain valid. You can live abroad for the rest of your life and still retain all of the benefits of holding a Dominican passport.

 

Right to reside on the island

All successful applicants for Dominica citizenship, even those who apply via donation vs. the real estate option, will be entitled to Dominica residency.

As explained above, the Dominica CBI program does not have residency requirements for the maintenance of economic citizenship. However, living in Dominica has its advantages, and some economic citizens ultimately decide to do just that.

 

Generational citizenship

The children of Dominican economic citizens can inherit their parents’ citizenship.

 

 

Documents required to obtain a passport and residency in Dominica:

  1. Passport
  2.  Birth certificate
  3. Photos of applicants
  4. Financial and other forms relating to business and income (including relevant tax returns)
  5. Resume
  6. Police report (obtained from applicant’s country of residence/citizenship)
  7. Personal and business references
  8. Certificate of marriage (if applicable)

 

 

Be sure to contact Evara consultants before taking any action. , or contact us through the following links:

https://www.instagram.com/evara.life/?hl=en

https://www.linkedin.com/company/evara-life/

https://youtube.com/channel/UCixaw5G95nqzR6dAo-IyqWw

+90 (553)9005500

 

 

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