If you’ve ever wondered how to get Dominica citizenship by investment program, this article will give you the lowdown. There are no visa requirements, no language requirements, and no business experience required. But what exactly does this citizenship by investment program entail? And why should you choose this program if you have all of these qualities? Keep reading to find out more about the program and its benefits. And remember, it’s not the only one!
Aside from being an exotic eco-tourism destination, the Commonwealth of Dominica is home to one of the most reliable and cost-effective citizenship by investment programs in the world. The Dominica Citizenship by Investment Program is a great option for individuals who are interested in obtaining full citizenship in the island nation without having to live in the country permanently. There are two ways that individuals can invest in Dominica citizenship by investment program: one is by contributing to the Government Economic Diversification Fund, and the other is through purchasing Dominican citizenship. Both investments are non-refundable, and the contribution to the GEDIF is generally a minimum of $100,000.
The Dominica citizenship by investment program is a fast-growing, attractive option for foreigners. If you are at least 18 years of age and you meet all the other Dominica citizenship criteria, you could be one of the first to obtain the passport. The program requires a minimal investment amount compared to other countries that require a higher dollar amount. You can invest as little as $20,000 and still obtain a Dominican passport.
No business experience:
The Dominica citizenship by investment program allows foreign nationals to gain full citizenship in the island nation. Once you invest as required, the Government will issue you a Certificate of Naturalization. Once you have your Certificate of Naturalization, you will receive your new passport and can pass it down to your descendants. The process can take from six months to a year, depending on the applicant’s requirements. The process also involves due diligence, which is required of all applicants. Due Diligence is a process that checks criminal records, income sources, and residence permits. You must pay due Diligence fees of $7,500 for the main applicant and $4,000 for each participant over 16 years old.