The largest city and at the same time the capital of the state is Roseau, located in the southern part of the island. Almost the entire population of the island speaks English and French. The legal system is based on English common law.
Advantages of obtaining a passport in Dominica
The program is designed to attract as many investors as possible. Local authorities are interested in the inflow of investments and provide favorable conditions to applicants, thanks to which it is considered one of the most affordable among all countries in the world. Among the benefits of the program:
The essence of the program
In order to develop various sectors of the economy, the state government implemented the Economic Citizenship Program in 1993. The main aspects are laid down in various laws and acts, including the Constitution.
The government directs the investments received under this program to finance the development of the low-tax sector, as well as the construction of social facilities: schools, clinics, stadiums. Funds received from investors are also invested in the tourism sector, in the development of the agricultural sector and in infrastructure projects.
Among the conditions that must be met to obtain a second citizenship in Dominica:
Along with the applicant, the following persons may apply for second citizenship in Dominica:
The child can be both biological and adopted. Dependent siblings of the principal applicant or his/her spouse who are under the age of 25 may also be included in the application.
Local legislation provides for two schemes for registering a passport in Dominica:
For foreign investors operating under the second scheme, a number of additional duties and fees are expected to be paid, including for each additional family member.
Receipt Procedure
It takes three to six months. First of all, the applicant must collect a package of documents, which includes:
It is possible to apply online through authorized agents.
The application is submitted through an authorized representative. The process itself requires a number of preparatory actions:
Immediately in the procedure itself, the following stages are distinguished:
The process of reviewing the application and carrying out all necessary checks takes 60 to 90 days. The advantage of this program is that you do not need to conduct personal interviews.
It is important to emphasize that the execution of the investment option by contribution to the government fund is done within 30 days of the approval to obtain economic citizenship of Dominica by the local government agencies. Until that moment, the amount of the investment is deposited, from which the funds can be returned in case of refusal.
When realizing the option to invest in real estate, the applicant must deposit 10% of the investment amount and sign a purchase and sale agreement. After receiving approval from local authority officials, the applicant will have 7 days to pay the full price of the acquired property.
Foreigners are allowed to invest in the Tranquilitiy Beach Dominicia resort, which is located on the coast of the island near the town of Salisbury. Upon full construction completion, the resort will operate under the CURIO brand of the world-renowned Hilton chain. The complex will significantly directly affect apartments, studios and villas. It also includes a wide range of first-class amenities such as wellness and spa centers, gyms, swimming pools, a restaurant complex, private parking and an office.
Investing funds in Tranquilitiy Beach will enable the investor to submit an application and successfully complete the verification procedure in compliance with the formal requirements of the legislation. The resort is approved by the government.
Participation in the project requires investments in the following amounts:
Additional fees are payable for each family member included in the citizenship application.
Those considering how to obtain a residence permit in Dominica should contact the consultancy "Smart Startup UK". Our specialists have considerable experience in the implementation of appropriate documentation, accurately represent the stages of the procedures and are skilled at going through them, and are aware of the nuances of interaction with official and registering bodies. We are fully prepared to consult our clients in detail, develop a strategic plan for naturalization with them and facilitate the formalization of invoicing, payment of fees and other actions.