CITIZENSHIP BY INVESTMENT, GRENADA, SECOND RESIDENCY, DUAL CITIZENSHIP AND SECOND PASSPORT
Dominica: Your Gateway to Citizenship through InvestmentWelcome to the captivating island of Dominica
Welcome to the captivating island of Dominica, a Caribbean paradise known for its unspoiled natural beauty and warm hospitality. In this article, we will delve into the wonders of Dominica as a destination and shed light on its esteemed Citizenship by Investment Program. We will also discuss the various investment options available.
A Tropical Haven:
Dominica entices visitors with its lush rainforests, stunning waterfalls, and pristine beaches. The island’s untouched natural landscapes make it a haven for nature enthusiasts and adventure seekers. Immerse yourself in the vibrant local culture, savor mouthwatering cuisine, and embark on thrilling outdoor activities such as hiking, diving, and whale watching. Dominica offers a serene and picturesque escape for those seeking tranquility and natural wonders.
Citizenship by Investment Program:
Dominica’s Citizenship by Investment Program (CIP) provides a clear pathway to obtaining citizenship while offering a range of benefits. This program allows investors and their families to secure citizenship through various investment options, opening the doors to a world of opportunities.
Qualifying and Obtaining a Visa:
Let’s explore the the investment options for obtaining citizenship and a visa through Dominica’s CIP:
Economic Diversification Fund (EDF) Donation:
Applicants have the opportunity to contribute to the Economic Diversification Fund, which supports various initiatives aimed at promoting the island’s economic growth. Here are the donation amounts based on the number of applicants:
- Single applicant: $100,000
- Primary applicant and spouse: $150,000
- Family of up to four persons (including the main applicant and up to three dependents other than a dependent sibling): $175,000
- Additional $50,000 to include a sibling of the main applicant or spouse aged 18-25
- Additional $25,000 to include a sibling of the main applicant or spouse below the age of 18
Each applicant is also responsible for a $1,000 processing fee. Furthermore, dependents aged 16 and older require due diligence fees, which amount to $7,500 for the primary applicant and $4,000 for each dependent older than 16.
Real Estate Investment:
Alternatively, applicants can choose to invest in government-approved real estate projects. The investment amount for this option is $200,000. It is essential to note that the investment must be held for a minimum of three years from the date your citizenship is granted or, if the future purchaser is also a citizenship by investment applicant, for five years from the date your citizenship is granted.
For the real estate investment option, there are non-refundable government fees, which vary depending on the number of applicants:
- Single applicant: $25,000
- Family of up to four persons (including the main applicant and up to three dependents other than a dependent sibling): $35,000
- Family of up to six persons (including the main applicant and up to five dependents other than a dependent sibling): $50,000
- Additional $25,000 for any additional qualified dependent
Similar to the donation option, the real estate investment option also incurs processing fees and due diligence fees at the same rates mentioned earlier.
Visa-Free Travel:
Upon obtaining Dominican citizenship, investors gain visa-free access to a multitude of destinations worldwide. Dominica’s CIP provides the freedom to travel to over 140 countries, including the Schengen area, the United Kingdom, Hong Kong, and Singapore, making it an attractive option for global mobility.
Benefits of Dominican Citizenship: Apart from visa-free travel, Dominican citizenship offers a range of advantages, including economic opportunities, tax benefits, and the ability to pass citizenship to future generations. As a citizen, you can explore business prospects, enjoy a favorable tax environment, and access a high standard of healthcare and education for your family.
Partnering with Exodium LLC:
Navigating the complexities of the Citizenship by Investment Program can be overwhelming. That’s where Exodium, a trusted business migration consulting firm, comes in. With their expertise and in-depth knowledge of Dominica’s regulations and investment landscape, Exodium offers comprehensive support, personalized advice, and guidance throughout the entire application process. They can help you make informed decisions, ensuring a smooth and successful journey towards obtaining citizenship in Dominica.
Conclusion:
Dominica, with its untouched beauty and welcoming atmosphere, presents an enchanting destination for those seeking a tropical escape. Through the Citizenship by Investment Program, investors can embark on a transformative journey towards obtaining citizenship in Dominica. Whether you’re enticed by the island’s natural wonders or intrigued by the economic prospects, Dominica offers a world of opportunities. With the support of Exodium LLC, your dream of citizenship in this idyllic island can become a reality. Embrace the possibilities that await you in Dominica!
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- Assist with selecting a franchise, buying a business, or building a new one to secure an E2 Visa or entrepreneur visa.
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- Restore freedom of movement through Citizenship by Investment from Antigua & Barbuda, Dominica, Grenada, Saint Lucia, or Saint Kitts and Nevis.
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