Fees and eligibility changes in Dominica Citizenship by Investment Program


Published at: 12/09/2022 09:58 am

Fees and eligibility changes in Dominica Citizenship by Investment Program

New fees and rules for the family members' eligibility from 15 September 2022. The new restrictions apply to the candidates who register after mid-September. 

 

Which dependants are eligible for the citizenship of Dominica through investment or contribution?

 

  • The spouse of the principal applicant 
  • A child under eighteen years (child of the primary applicant or the spouse
  • A student child (18-30 years old) whom the primary applicant or the spouse substantially supports.
  • An unmarried daughter younger than 25 is living and fully supported by the primary applicant or spouse.
  • Mentally or physically challenged child who is 18 years of age or older and substantially supported by the primary applicant or the spouse.
  • Substantially supported parents or grandparents older than 65 years. 

 

Real Estate Fees:

  • $25,000 for the principal applicant.
  • $35,000 for the principal applicant and up to three dependants.
  • $50,000 for the principal applicant and up to five dependants.
  • $25,000 for any additional dependant.

 

EDF Donation Fees:

  • $100,000 for the principal applicant.
  • $150,000 for the principal applicant and spouse.
  • $175,000 for the principal applicant and up to three dependants.
  • $25,000 for any additional dependant under eighteen.
  • $50,000 for any other qualifying dependant eighteen years of age or older.

( EDF: Dominica Economic Diversification Fund)

 

Did the citizenship of Dominica become cheaper?

 

For example, the contribution option will be $25,000 cheaper for the principal applicant and a spouse. A family of four must pay the same amount as the primary applicant and spouse through real estate purchase before the new legislation. 

 

The number of people looking for a secure future, freedom of travel or lower taxation is increasing sharply, and the Dominican legislators have adjusted the numbers. They created more transparent pricing for the passport scheme. 

 

Please note that Dominica offers one of the cheapest and fastest second citizenship options. You can obtain valuable travel documents from your home without visiting this Caribbean tropical dream island nation. If you need more information, ask for a free consultation here.

 

 

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