Dominica is a country located on the island of the same name, which is part of the Lesser Antilles in the Caribbean Sea. Dominica is known for its political and economic stability. The crime rate on the island is very low, making it a safe place to live. Despite its small size, Dominica has a well-developed infrastructure. The island has an international airport, reliable electricity and water supply systems, and modern telecommunications networks. Regular flights connect Dominica with other Caribbean islands and major cities in the USA and Europe.

Currently, Dominica offers attractive opportunities for obtaining citizenship through investment. There are two main options: a donation to the government fund or an investment in real estate.

Option 1: Donation to the Government Fund

The first option involves a non-refundable investment in the Government Fund of Dominica. The minimum donation amount is USD 175,000 for a family of three. In addition, government fees and legal/agency fees of USD 15,000 per application must be paid. The passport processing time for this option is 3-4 months.

Option 2: Real Estate Investment

The second option is a real estate investment of at least USD 200,000. The investor purchases a Preferred Share with a mandatory holding period of 5 years. After this period, the share can be sold, and the new owner will also be able to obtain citizenship by paying government fees. The expected annual dividend payment is USD 6,005.26 (3% of the investment amount). The investor also receives 7 days of free hotel accommodation during the high season and 14 days during the low season, as well as post-citizenship services for the entire duration of the share ownership.

Taxation in Dominica Dominica

offers an attractive tax system for investors. International income is not taxed for non-residents and effectively for residents, as there is no way to declare international income. Income tax is paid only on income earned in Dominica, with the exception of dividend income from "Sanctuary Rainforest Eco Resort and Spa", which is tax-exempt for 10 years. Additionally, there are no gift, inheritance, or capital gains taxes in Dominica.

How to obtain citizenship in Dominica?

To get more information about citizenship in Dominica, we recommend that you contact the consulting specialists at IT-OFFSHORE. Our experts offer turnkey solutions for relocation to Dominica and will accompany and advise you throughout the entire process.