Velment

“The true value of a sound investment is immeasurable.”

– Velment Team

Overview of Dominica’s Citizenship-by-Investment Programme

As Dominica is a member of the Caribbean Community (CARICOM), Dominican citizens can freely travel to all other 14 member states, as well as visa-free entry to Europe’s Schengen Zone and the United Kingdom.

The Dominican passport entitles holders to visa-free travel and a visa on arrival to over 140 countries.

Individuals who are interested in becoming eligible for Dominican citizenship must invest a minimum of $200,000 (USD) in a Dominican property.

 

https://velment.com/wp-content/uploads/2021/03/invest-icon.svg

Investment

To become eligible for a Dominican passport, individuals must invest in a real estate development worth at least $200,000 (USD).

https://velment.com/wp-content/uploads/2021/03/visa-free-travel-icon.svg

Freedom of Travel

The Dominican passport allows for visa-free travel or for a visa-on-arrival in over 142 locations worldwide, including all Schengean Zone member states.

https://velment.com/wp-content/uploads/2021/03/fast-procedure-icon.svg

Fast Procedure

The application processing time typically takes 3 short months.

Key Features

  • Dual citizenship is permitted.
  • Visa-free or visa on arrival to 143 countries.
  • Dominica is ideally located in the Caribbean, surrounded by the Republic of France’s Guadaloupe and Martinique Overseas Departments, and is only a few hours away from major American markets.
  • The applicant’s spouse and dependents can be added to the initial application.

 

Financial Criteria

  • Investors must purchase a property worth a minimum of $200,000 (USD).
  • Individuals must maintain ownership of their acquired property for a minimum of 3 years.
  • A monetary contribution of $25,000 (USD) to the Dominican government – for a single applicant.
  • Due diligence fees of $7,500 (USD) – for a single applicant.
  • Passport processing fees of $60 (USD) – for a single applicant.
  • Certificate of Naturalisation issuance fees of $250 – for a single applicant.

Personal Criteria

Applicants must:

  • Have a clean criminal record.
  • Be of good health.

Step-by-Step Application Procedure

Due Diligence

Complete the appropriate documents and compile all required documents.

Submit Your Application

Submit your citizenship by investment application and relevant documents to the relevant government authority.

Receive Your Passport

Once your application is approved and your real estate purchase completed, passports are issued within 2-3 weeks.

About Dominica

https://velment.com/wp-content/uploads/2021/07/geography-icon-about-1.svg

Geography

The Commonwealth of Dominica is an island nation in the Windward Islands chain in the Caribbean Sea’s Lesser Antilles archipelago. Dominica has a total area of 750 km2.

 

https://velment.com/wp-content/uploads/2021/07/population-icon-about-1.svg

Population and Language

Dominica has a population of 73, 900. The official language is English, although locals also speak a dialect of French.

https://velment.com/wp-content/uploads/2021/07/tourism-icon-about-1.svg

Tourism

Dominica is known as the ‘nature island of the Caribbean’, attracting numerous eco-tourists and becoming a model ecotourism holiday destination.

https://velment.com/wp-content/uploads/2021/07/education-icon-about-2.svg

Education

The educational system in Dominica is compulsory and free for all Dominican citizens aged 5 to 15 years. A total of 63 schools can be found on the island, with 5 of them being private.

https://velment.com/wp-content/uploads/2021/07/healthcare-icon-about-1.svg

Health Care

Dominica’s health care system is highly efficient, ranking higher than the United States in overall efficiency according to the World Health Organisation.

Dominica Factsheet

Continent: North America

Population: 71, 808

Government: Unitary dominant-party parliamentary republic

Capital: Roseau

Language: English

Currency: Eastern Caribbean Dollar

Total Area: 750 km2

Time Zone: Eastern Caribbean (UTC -04:00)

Eligible Properties in Dominica

Thumbnail of
Thumbnail of
Thumbnail of
Thumbnail of
Thumbnail of
Thumbnail of
Thumbnail of
Thumbnail of
Thumbnail of

Opulent Jungle Villas in Dominica

Dominica
Property Type Bedroom Area m2 Price
Villa 4 €3286200
Villa 3 €3201900
Villa 3 €3075500
Apartment 2 €2527800
Villa 2 €1255500
Villa 2 €1255500
(LOAD MORE)
VIEW PROPERTY
Thumbnail of
Thumbnail of
Thumbnail of
Thumbnail of
Thumbnail of
Thumbnail of

Tropical Villas in Dominica

Dominica
Property Type Bedroom Area m2 Price
Villa 1 €214900
(LOAD MORE)
VIEW PROPERTY
VIEW ALL PROPERTIES

News & Updates

Turning to Greece for Luxury

23/03/2023

The Greek Real Estate market never fails to satisfy property buyers’ desires, exceeding every expectation.  Being a leading choice among visitors and investors for real...

READ ARTICLE

Greece: Traditional source of pleasure

10/03/2023

What makes the Golden Visa scheme so unique? Easy, It’s the golden ticket that gives property buyers the privilege of luxuriating in the most stunning...

READ ARTICLE

Greece announces reforms to attract digital nomads

01/02/2023

While Covid-19 lockdowns imposed the concept of working from home, many organizations and entrepreneurs have now recognized that it is a viable option, long past...

READ ARTICLE

Enquire about Property