The Commonwealth of Dominica Profile:
Sovereignty: The president is the head of state, while executive power rests with the cabinet, headed by the prime minister.
Location: The Commonwealth of Dominica, is an island nation in the Lesser Antilles region of the Caribbean Sea , south-southeast of Guadeloupe and northwest of Martinique.
Government Type: Dominica is a Parliamentary Democracy within the Commonwealth of Nations and, since 1979, a member of La Francophonie.
Interesting facts: The Commonwealth of Dominica, is known as the “The Nature Isle of the Caribbean” with its unspoiled natural beauty. Famous for its many rivers and waterfalls this tropical rainforest paradise is also one of the most popular locations for hiking, scuba diving and whale watching.
Population: A population of 73,126 and a land area of 751 km2.
Demographics: The vast majority of Dominicans are of African descent. There is a significant mixed population, along with Indo-Caribbean or East Indian groups, a small European origin minority (descendants of French, British, and Irish colonists) and there are small numbers of Lebanese, Syrians and Asians. Religion Roman Catholic 61.4%, Protestant 20.6%, other 18%.
Economy: The Commonwealth of Dominica’s main economic activity is agriculture with bananas as its main crop. Bananas and other agriculture dominate Dominica’s economy, and nearly one-third of the labor force works in agriculture. The island’s tourism industry is the second largest area of economic activity, followed by soap export. Dominica’s mountains, rainforests, freshwater lakes, hot springs, waterfalls, and diving spots make it an attractive eco-tourism destination.
The citizenship-by-Investment Program was established in 1991. It is based on Section 101 of the constitution and sections 8 and 20 (1) of the Citizenship Act.
The investment options for obtaining citizenship status in Dominica are as follows:
A- Single Application:
A single applicant will be required to make an investment of U$100,000.
B- Family Application I (Applicant – Spouse):
An investment of U$175,000 qualifies the applicant and his/her spouse for citizenship.
C- Family Application II (Applicant + spouse + 2 children under 18):
An investment of U$200,000 qualifies the applicant, his/her spouse and two children under 18 years, for citizenship.
D- Family Application III (Applicant + spouse + 3 children under 18):
An investment of U$350,000 qualifies the applicant, his/her spouse and three children under 18 years for citizenship. An investment of U$50,000 is required for each additional child under 18 years.
- No physical residency requirements
- Inclusion of dependent children up to 18 years old.
- No minimum level of education
- No management experience required
- Visa free travel to around 70 countries including the UK, Hong Kong, Malaysia, Singapore, and Turkey.
- No taxes for non-residents
- Dominica recognizes dual citizenship so that applicants can retain their current nationality.