5 Benefits of Dominica Citizenship

Share:

Considering investing in Caribbean citizenship? Each country has a plethora of desirable attributes, and Dominica is no exception. 

The Dominica Citizenship-by-Investment programme has enhanced investors’ lives since its introduction in 1993.

Other than the incontestable natural beauty of the country, there are many other benefits of Dominica citizenship for investors. We highlight our top five reasons why HNWIs may look to seek a second passport and citizenship in Dominica.  

1. Global Mobility

One of the most compelling benefits of Dominica citizenship for HNWIs is the opportunity of visa-free travel to 144 countries and territories worldwide. 

Holders of a Dominica passport enjoy global mobility through visa-free travel to the European Schengen Area, Hong Kong, and many other destinations with their families. 

This visa-free access saves you time. No longer will you need to fill out long visa applications. You won’t have to wait to hear whether you’ve been approved or rejected either.

2. Nature Island

Nicknamed the “Nature Isle of the Caribbean,” Dominica is one of the most beautiful places in the Caribbean, where luscious verdant landscapes meet serene, sandy beaches.

Those seeking to acquire second passports in Dominica may be doing so to live, work or retire. It’s a perfect place for all ages with its relaxed lifestyle and pristine beaches.

The friendly and accepting nature of the Dominican locals and the mixed culture of English, French, Caribbean, and African influences can make anyone feel at home. English is the official language of the island, but locals also speak Creole.

3. Attractive Tax Policies

For investors, perhaps the most advantageous Dominica citizenship benefits is the attractive tax policies. 

They offer no tax on foreign income, capital gains, inheritance, dividends, wealth, or gifts. 

Dominica also has a double taxation treaty with other CARICOM countries. These include St Kitts and Nevis and St Lucia.  Members of the CARICOM agree to avoid double taxation to allow the facilitation of capital movement in the community. 

Considerable tax waivers and other import duties and tax exemptions are other benefits of owning a second passport in Dominica. 

4. Inclusion for the Whole Family

The Dominica Citizenship-by-Investment programme is one of the easiest ways to safeguard your family’s future.

Family members can be added to the main application, including:

• A spouse
• Dependent children under 30
• Parents and grandparents of you who are over 65 and dependent on you 

Once you receive your Dominican passport and the certificate of naturalization, you and all your dependents on the application are officially citizens of Dominica for life. 

Dominica law protects the revoking of citizenship. Renew passports every five years, so you can pass them down to future generations.

5. No Residency Requirements

If you’re considering the Dominica Citizenship-by-Investment programme, you’ll like hearing that you won’t need to live in Dominica to qualify.

Additionally, Dominica has one of the most efficient application processing times. If you pass all checks and submit all the necessary documentation, the entire process can take as little as four months.

Gain Benefits of Dominica Citizenship – Book a Free Consultation

Holding second citizenship from Dominica is one of the best modern-day insurance policies. This allows you and your family the ability to travel visa-free or relocate immediately. You will appreciate this, especially in times of social, political, or economic uncertainty in your home country.

The growing economy and high standard of life make Dominica one of the best countries to acquire citizenship by investment. With a minimum investment starting from $100,000, you can benefit from their second passport by living and working in Dominica. You can also travel visa-free to 144 countries globally.

So, don’t delay and contact us today.