By reading this, you’ll understand how Dominica’s program works, its benefits, and little-known facts about its history, economic impact, and future outlook.

What Is the Dominica Citizenship by Investment Program?

Dominica launched its Citizenship by Investment (CBI) program in 1993. It allows qualified individuals to gain citizenship by either making a government donation or investing in approved real estate.
– Donation route: Contribution to the Economic Diversification Fund (EDF) starting at USD 100,000.
– Real estate route: Minimum USD 200,000 investment in approved real estate projects.

How to Apply and Pass Due Diligence

You’ll work with an authorized agent to submit forms, police clearances, medical reports, and proof of funds. After the initial review:
1. Virtual interview with CBIU officers to verify identity (details on interview process).
2. Background checks by international firms.
3. Final decision in 3–4 months.

Citizenship Revocation: What You Should Know

Dominica reserves the right to revoke citizenship if fraud emerges. In 2021, 108 passports were annulled for false documentation. Any misrepresentation may lead to permanent disqualification.

Benefits of a Dominican Passport

You gain access to 140+ visa-free or visa-on-arrival destinations, including the EU Schengen Area and the UK.
– No wealth or income tax on foreign-source income.
– Right to live, work, or study in Dominica.
– Pass on citizenship to children and future generations.

Driving Economic Growth and National Projects

CBI funds flow directly into the EDF, supporting:
– Renewable-energy installations in rural villages.
– Multi-purpose community centers.
– Scholarship programs for local students.

Since 1993, the EDF has collected over USD 1 billion and financed 120 projects.

Role in Disaster Recovery and Climate Resilience

After Hurricane Maria (2017), CBI revenues funded:
– Reinforced schools and health clinics.
– Coastal flood defenses.
– Mangrove restoration initiatives.

“Citizenship investments have reshaped our resilience capacity,” said Prime Minister Roosevelt Skerrit in an interview with Caribbean News Now.

Evolution of the Program: Key Milestones

  • 1993: Program inception with donation option only.
  • 2006: Real estate route introduced.
  • 2015: Stricter due-diligence requirements implemented.
  • 2020: Virtual interviews adopted during the pandemic.

Each reform tightened security and enhanced global credibility.

Impact on Dominica’s Real Estate Market

CBI has boosted property values by 25% in coastal areas over five years. While this created investor interest, locals face rising housing costs and limited land availability.

Who Applies and How It’s Marketed

Most applicants originate from:
– Middle East (Lebanon, Jordan).
– East Asia (China, Hong Kong).
– Europe (Turkey, Russia).

International agents and marketing firms host familiarization trips, webinars, and global roadshows to showcase Dominica’s opportunities.

Tax Compliance and Anti-Money Laundering

Dominica enforces strict Know Your Customer (KYC) and Anti-Money Laundering (AML) rules in line with Financial Action Task Force standards. Citizens remain responsible for their home-country tax obligations, as Dominica does not impose foreign-source income tax.

Passport Prestige: International Reputation

On the 2023 Henley Passport Index, Dominica ranks 40th, up from 45th in 2019. Recent visa-waiver agreements with Kuwait and Ukraine have expanded its reach.

Wrapping Up Your Journey

Embarking on Dominica’s CBI path means more than a new passport. You contribute to national development, enhance your global mobility, and tap into a nation rebuilding itself stronger and greener. Whether you choose the donation route or real estate investment, you join a community shaping Dominica’s future—one island project at a time.

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