Dominica Citizenship by investment Program 2024

Blog Investment March 4, 2024

To increase investment, the Commonwealth of Dominica, one of the most stunning islands in the Caribbean,
launched its Dominica citizenship by investment in 1993. In addition to belonging to the UN, the Organization of American States,
CARICOM, the Commonwealth of Nations, and other international organizations, Dominica was formerly a British colony.

Dominica citizenship by investment

The Dominican Republic’s government initiated the Citizenship by Investment program in 1993,
to boost foreign investment and advance the nation’s infrastructure. Later, in January 2015, the real estate investing option was unveiled.

Until 1993, obtaining Dominica citizenship by investment required permanent residence in the nation.
With the Economic Dominica Citizenship program, the Dominican government altered this by eliminating the residency requirement to get citizenship.

Those who apply and contribute this way are awarded full citizenship for themselves and their family.
With a Dominican passport, you may visit more than 153 countries without a visa.

How to get Citizenship by Investment with FM-Leaders

Although characteristics and circumstances vary from nation to nation,
several significant benefits are discussed at FM-Leaders in every nation:

Mobility and freedom inside Shenzhen nations
The finest instruction
Excellent Medical Care
The top chances for investments
The ideal public life as well as the characteristics of each nation
Read more: Citizenship by Investment in Dominica: The Program in Details

How to create an additional passport service?

An additional passport service with FM-Leaders:

It is carried out in three nations: Dominican Republic San Kitts and San Lucia

Although characteristics and circumstances vary from nation to nation, several significant benefits are discussed in every nation:

Acquiring a second passport, allows you to go to several nations that vary in each state.
Mobility and freedom inside the Shenzhen nations.
A gate to travel through 145 nations.

Who are the FM-Leaders through which you can get Dominica Citizenship by Investment?

Free Mobility Leaders (FM-Leaders) was formed in 2022 in the United Arab Emirates. With representatives in:

Egypt
KSA
Oman
Lebanon
Iraq
India
Bahrain
Yemen

We are the most skilled citizenship facilitators in the Middle East because of our background,
and solid relationships with all foreign embassies and government organizations.

As one of the top organizations in our sector, we specialize in granting European residency permits,
second passports, work permits, and Shenzhen visas.

The Advantages of Dominica citizenship by investment

Having a second passport has many advantages; being able to travel without a visa is only one of them.
Dominica has worked hard to set up the structures that enable its passport holders to take advantage of commercial, tax, and other travel benefits.

Allowing the nation’s robust economy to serve as a safe refuge for citizens of other nations beset by security issues,
financial difficulties, or unstable situations is another source of national pride.
Some of the main advantages of Dominica’s Citizenship by Investment program are listed below:

Travel Simplicity

The Dominican Republic passport is accepted in 145 countries worldwide without the need for a visa.
All EU Schengen nations, Singapore, and Hong Kong, to mention a few, allow travel without a visa.
Dominican Republic nationals are eligible for a 10-year visa, which is ordinarily not often easy to get, for travel to the United States.

Benefits of Taxation

Dominican Republic residents are not required to pay taxes on foreign earnings, interest, or royalties,
even if they became citizens via investment. Additionally, there are no inheritance, capital gains, or income taxes in the nation.

This implies that for candidates with income sources from other nations,
Dominica citizenship by investment may be a fantastic financial opportunity.

Modest Dual Nationality

For those who want a covert procedure, the possibility of obtaining citizenship in Dominica comes with the benefit,
that the applicant’s native nation will remain unaware of their new citizenship.

Since the government of Dominica seeks to provide a haven when necessary—a task that calls for extreme discretion—privacy is extremely important to it.

Prospective Investment

In addition to the potential for profit from real estate investments, this program’s never-ending citizenship,
and ability to add future dependents upon approval All holders of Dominica passports would continue to be citizens,
even if Dominica elected to discontinue its Dominica citizenship by investment program.

Benefits of Dominican Citizenship and Passport

Any nationality may apply for a Dominica passport under the Commonwealth of Dominica’s Dominica Citizenship, by Dominica Citizenship by investment program.
Additionally, there is no requirement for applicants to live in or travel to the nation,
nor do they need to take any language tests. Holders of a Commonwealth of Dominica passport can live, work, and vote in the nation.

Passport and citizenship holders from Dominica enjoy several advantages:

Entry without a visa to more than 140 nations and regions
A newborn can inherit their citizenship.
Dual citizenship is permitted for citizens of the Dominican Republic.
Access to the US and Canada is easier
No taxes are levied on non-residents.

Conclusion

By using a secure platform like the FM-leaders website, applicants and dependent family members,
who are at least 16 years old must attend compulsory virtual interviews. In addition,
they must swear allegiance in front of a commissioner of oaths, a judge of the peace, or an authorized notary.

Following the swearing-in ceremony, the citizenship application is further processed,
and citizenship certificates are legally issued.

There is no need for a physical address. Nonetheless, the government actively encourages newcomers,
to engage in the economy more, and significant incentives are provided to make doing so a desirable choice.
The selected individual may relocate to Dominica for as long as they choose, at any time.

To be eligible to apply, a candidate who has been refused a visa to a nation,
with which Dominica has a visa-free travel agreement must thereafter successfully get a visa from that nation.

The Ministry of Finance’s investment section, a specialized government body in charge of program administration,
processes applications based on citizenship.
Applications must currently be processed three months after the whole package is received.

Common Questions Regarding Citizenship in the Dominican by Investment

Is traveling to Dominica safe?

Particularly when it comes to visitors, Dominica boasts a low crime rate. The people in the area are quite kind and typically eager to help visitors.