Citizenship of Dominica through investment – now even more accessible


Published at: 26/10/2017 07:17 am

Citizenship of Dominica through investment – now even more accessible

Those wishing to receive economic citizenship of Dominica should hurry up in making their decision, because it has now become significantly cheaper due to changes in that immigration program.

The government of Dominica, like other Caribbean countries, is seeking to restore its economy as swiftly as possible after it has recently suffered a natural disaster: Hurricane Maria. The country’s prime minister Roosevelt Skerrit stated that officials are continuing to work hard in spite of the difficult situation. The country’s key communications networks have already been restored. Services and enterprises are working now as they did before.

However, the country is now in need of even greater funds to deal with the destructive consequences of the natural disaster. A significant source of funds for developing Dominica’s economy – and already a long tradition – is investment from foreigners who wish to receive citizenship. In order to attract as wide investment as possible to rebuild the country after the hurricane, Dominica authorities have decided to introduce measures to simplify receiving citizenship for investors.

Lowered state and administrative fees

Now, to become a citizen of Dominica, investors are obliged to spend less to participate in the program:

  • For the investor’s spouse to undergo a background check, the fee is no longer $7500 but $4000.
  • Each certificate of naturalization will cost you $250 instead of $750 as before.
  • The joint fee for considering the eligibility of the applicant and the members of his/her family has fallen by two-thirds, from $3000 to now $1000.
Thus, for a family consisting of two or more people, the total expenses have been reduced by at least $6000.

Additional perks for family members

As part of the changes that have been introduced, Dominica authorities are not only reducing the burden on investors, they are also giving them additional possibilities to cover their loved ones:

  • The application can now include children up to the age of 30, if they are dependents of the investors. If the child is older than 18, a document attesting to his/her status as a student is required.
  • Children born after the applicant is approved and under the age of 5 can receive Dominica citizenship.
  • Under certain circumstances, the application can include the parents of spouses and the grandparents of the main applicant, even if they are under the age of 55.

Thus, it has now become much easier for investors to receive Dominica citizenship without having to be separated from their loved ones. It is not clear how long the conditions for participating in this newly changed program will remain so attractive, because the country’s full recovery after the hurricane is only a matter of time. Obviously, if you really want to receive economic citizenship, the best time to participate in this program is now.

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