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The program was launched in 1993 and is one of the longest-running and most respected citizenship-by-investment programs in the world. It offers a range of investment options, including a donation to the Economic Diversification Fund or investment in a government-approved real estate project.
In return for their investment, successful applicants are granted citizenship in Dominica, along with a range of benefits, including visa-free or visa-on-arrival access to over 140 countries, including the UK, EU, and China. Dominica also offers a favorable tax regime, with no capital gains tax, inheritance tax, or gift tax, making it an attractive destination for high-net-worth individuals.
The Dominica Citizenship by Investment Program has been praised for its efficiency, with processing times typically taking 3-4 months, and flexibility, with applicants able to include their spouse, children, and parents in their application. It has also been credited with helping to boost Dominica’s economy, attracting foreign investment and creating jobs.
