DOMINICA CITIZENSHIP BY INVESTMENT
The Dominica citizenship by investment program has been running since 1993, and it is one of the oldest passport programs. The Dominica CBI is the most popular second citizenship scheme, with thousands of applicants receiving Dominican citizenship every year. It offers a cash donation option and a real estate option to investors. The minimum investment amount for donation to the Economic Diversity Fund was reduced in 2017 to become even more affordable. Dominica’s passport provides visa-free travel to Europe for 90 days in a 180-day period.
East Caribbean dollar (XCD)
Stage 1 Month 1
Gather the necessary documents and submit an application for your medical examination. If you are applying under the Real Estate option, you are required to produce a sale agreement with an approved developer.
Stage 2 Month 4
It takes, on average, 60 to 90 days to receive approval in principle. During that time, due diligence is performed on your application. From that date, you are required to finalise your investment option.
Stage 3 Month 5
Upon receipt, the CBIU will issue a Certificate of Registration, which will be used to obtain the passport.