Obtain alternative citizenship and a second passport
The Dominica Citizenship by Investment Program offers American investors and other nationalities the opportunity to obtain alternative citizenship and a second passport. The program provides two investment options: the Donation Option and the Real Estate Option.
Benefits of Dominica Citizenship by Real Estate Investment:
- Visa-Free Travel: Dominica citizenship grants access to over 140 countries visa-free, offering greater mobility and travel opportunities for passport holders.
- Dual Citizenship: Dominica allows for dual citizenship, enabling individuals to retain their original citizenship while enjoying the benefits of Dominican citizenship.
- Wealth Preservation: Investing in Dominica real estate provides a genuine opportunity for long-term capital retention and potential returns on investment, making it a secure wealth preservation option.
- Favorable Tax Regime: Dominica offers a favorable tax environment, with no capital gains tax on foreign earnings, no wealth or inheritance taxes, and no personal taxes for residents spending 182 days or less per year in the country.
- Caribbean Regional Opportunities: Obtaining Dominican citizenship through real estate investment allows individuals to live, work, and settle in any member country of the Caribbean Community (CARICOM), opening up professional and personal growth opportunities within the region.
These benefits, coupled with the exclusive opportunity offered by the Dominica Secret Bay Resort Investment Program, make Dominica an attractive destination for those seeking a thriving and luxurious Caribbean lifestyle through citizenship by real estate investment.
Dominica Investment Options
Under the Donation Option, applicants can financially contribute a minimum investment of USD 100,000 for a single applicant, or USD 150,000 for an applicant accompanied by a spouse towards the Commonwealth of Dominica Government Fund. Investment amounts vary for any additional qualifying dependents. For example, a minimum investment of USD 175,000 is the donation amount for an applicant with up to three dependents, plus USD 25,000 per additional dependent under 18 years old, and USD 50,000 per additional dependent over 18 years old.
Dominican Real Estate Investment Citizenship Option
The Dominican Real Estate Investment Citizenship option requires applicants to purchase government-authorized real estate with a minimum value of USD 200,000 and hold it for at least three years. Additional fees may apply, including due diligence, application, processing, and other governmental fees.
Investing in Dominica real estate offers a genuine investment opportunity
Unlike the Donation options in other programs where funds are not returned, the Dominica Real Estate Investment Citizenship Option is also an investment. With a solid real estate market in Dominica Island, you have a good opportunity to not only retain your capital long-term, but to make a reasonable return on your investment.
The tax regime is also very favourable, with no capital gains on money earned abroad, and no wealth and inheritance taxes. If you are a resident for 182 days per year or less, there are also no personal taxes. Dominica also has double taxation treaties with the United States, all of CARICOM, and a number of other countries.
Does Dominica Allow Dual Citizenship?
By obtaining Dominican citizenship through the program, individuals and their families can gain various benefits.
Upon a successful application and approval, investors can immediately obtain a Dominica passport and citizenship for life, and so can their future generations. This effectively makes the price of a Dominica passport the amount that was invested in the Dominica Real Estate Investment and Citizenship program. The Dominican passport is also very attractive as it gives visa-free travel to over 140 countries. Furthermore, eligible individuals can apply for an e-visa to Australia.
Additionally, Dominica doe allow for dual citizenship, where individuals can retain their original citizenship. Dependents, including spouses, children, unmarried daughters under 25, and parents and grandparents over 65, if financially supported, are also eligible.
Other Requirements and Benefits
The Dominica real estate citizenship or the donation route do not have any language or residency requirements.
The processing times for Dominican citizenship by investment program is relatively fast as well, taking approximately 6 to 8 months.
Moreover, Dominica citizenship through real estate investment and donation, enables individuals to live, work, and settle in any member country of the CARICOM. This flexibility provides opportunities for professional and personal growth within the Caribbean region.
A Special Dominican Real Estate Investment Opportunity
For those interested in the Dominica Citizenship by Investment Program, an exclusive opportunity, the Dominica Secret Bay Resort Investment Program, is available. This program allows investors to obtain Dominican citizenship through the purchase of a luxury property at the award-winning Secret Bay Resort for a minimum financial commitment of USD 212,000.
The Government of the Commonwealth of Dominica has pre-approved this property for the Dominica Real Estate Investment and Citizenship program.
The Residences at Secret Bay, located on a serene clifftop promontory, overlooks the Caribbean Sea and offers a limited collection of sustainable luxury villas, which are managed and marketed by one of the world’s most acclaimed eco-luxury boutique resorts.
Luxury Caribbean Living
The Dominica Secret Bay Program presents a unique opportunity to own a residential-style villa with a high rental demand and occupancy performance. Whether individuals are seeking a legacy family vacation home or a smart real estate investment, The Residences at Secret Bay represents a new era of Caribbean luxury living.
In conclusion, the Dominica Citizenship by Investment Program provides investors and single applicants with the opportunity to obtain Dominican citizenship and a second passport. With attractive investment options, numerous benefits, and the exclusive Secret Bay Resort Investment Program, Dominica offers a pathway to a thriving and luxurious Caribbean lifestyle.
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