Not so long ago, belonging to a country was determined by place of birth or family ties. Today, there are no restrictions. Modern people can obtain a second citizenship or use an alternative option. There are reasons for immigration: unstable political situation, expansion of the company's activities, getting an education, climbing the career ladder, and so on.
The citizenship by investment programs is now being implemented quite successfully. Dominica citizenship by investment is one of the available ones because of its affordability, easy processing, and impeccable reputation.
The citizenship by investment programs is now being implemented quite successfully. Dominica citizenship by investment is one of the available ones because of its affordability, easy processing and impeccable reputation.
This cozy place is located on an island in the Caribbean. You can see huge waterfalls, volcanoes, rocks, and snow-white beaches here. Permanent income is provided by developing agriculture, fishing, attracting tourists, and foreign funds.
Dominica Citizenship Program for Investors
A politically stable, economically developed country with great prospects for the future is an excellent option for creating a reserve airfield and a quiet residence. In addition, the authorities have decided not to levy taxes on wealth and foreign income, which makes attractive conditions for business representative offices.
According to expert Zlata Erlach (Immigrant Invest company), some people are scared off by the unknown process of applying for the CBI program. However, the procedure itself is not difficult. You can realize it in person in the Dominican Republic and online, confirming your identity. The application process can take from a few days to a few weeks.
Eligibility Criteria and Applying Process
Despite the simple terms of the program, the Dominican Republic will not accept anyone who meets its borders. The authorities are concerned about the safety of their population, so the applicant must meet the following requirements:
- age of majority;
- no health problems;
- impeccable reputation;
- legal income;
- documented proof of the legitimacy of the funds in the account;
- not to pose a threat to national security.
The applicant provides all the information about himself by filling in the form and providing the necessary documents (including a doctor's certificate and police certificate without a criminal record).
It is recommended to ask for help from the highly qualified specialists of Immigrant Invest to collect and provide complete information and fill out the documents correctly.
Investment Requirements
An experienced expert will tell you about the favorable offers. There are two ways to participate in Dominica CBI today:
- Buying a residential property. The cost of the object should start from 200,000 US dollars.
- Investing in an economic diversification fund. The amount to invest starts at $100,000 and increases if you add a spouse and other dependents. It is not obligatory to come or have a residence in the country. The funds received are used to develop social infrastructure, information Technology, tourism, and the agricultural sector.
After completing the three-year holding period, it is possible to get citizenship. Applicants may include dependent family members in the program.
Global Mobility and More Benefits With Dominica Passport
Comfortable climate, beautiful scenery, endless sandy beaches, friendly local people: the introduction of Dominica citizenship by investment program has attracted many investors. However, these are not all the benefits:
- Dual citizenship is allowed. The user does not have to renounce his existing citizenship.
- High rating. Decent living conditions, developed infrastructure, freedom of action, environmental indicators, and other conditions allow the country to occupy high positions in the Global Passport Ranking.
- Flexible tax system. Under the investment program, there are no taxes on inheritance, foreign income, gifts, or real estate purchases.
- Dominica passport visa-free countries. We offer free travel to hundreds of countries and visa -free travel to the European Schengen zone, Hong Kong, and other destinations.
- Inclusiveness for the whole family. Once the passport is issued, the applicant and dependents listed on the application formally acquire a second citizenship.
- No mandatory residency requirements. All documents can be issued online.
At the same time, the prompt processing time of the application is worth noting. Not many similar programs in the world can be implemented in just four months.
Bottom Line
The Caribbean attracts a lot of wealthy people. You can find out the options for obtaining another country's citizenship and the conditions you need to fulfill at immigrantinvest.com. Specialists will choose a program that best meets your requirements and financial possibilities.
It applies to relocation, business development, employment, Dominica passport for global mobility, and other issues. Detailed consultation will help you familiarize yourself with the selection criteria and investment options. Legal support guarantees the correctness of document submission.
Do not delay your decision, and you will be able to legally enjoy life in the paradise corner of the planet in the near future.