4
DOMINICA CITIZENSHIP BY INVESTMENT PROGRAMME CAPITAL CITY Roseau TIME ZONE Eastern Caribbean Time Zone (UTC-4:00) TOTAL AREA 751 km 2 NEAREST ISLANDS Guadeloupe and Martinique LANGUAGES English, Dominican Creole, French CURRENCY East Caribbean Dollars (XCD) POPULATION 71,870 EU TRAVEL Easy access

DOMINICA CITIZENSHIP BY INVESTMENT PROGRAMME · The Dominica Citizenship by Investment Programme has been enacted since 1993 and is legally entrenched in the Dominican Constitution

  • Upload
    others

  • View
    8

  • Download
    0

Embed Size (px)

Citation preview

Page 1: DOMINICA CITIZENSHIP BY INVESTMENT PROGRAMME · The Dominica Citizenship by Investment Programme has been enacted since 1993 and is legally entrenched in the Dominican Constitution

DOMINICA CITIZENSHIP BY INVESTMENT PROGRAMME CAPITAL CITYRoseau

TIME ZONEEastern Caribbean Time Zone (UTC-4:00)

TOTAL AREA751 km 2

NEAREST ISLANDSGuadeloupe and Martinique

LANGUAGESEnglish, Dominican Creole, French

CURRENCYEast Caribbean Dollars (XCD)

POPULATION71,870

EU TRAVELEasy access

Page 2: DOMINICA CITIZENSHIP BY INVESTMENT PROGRAMME · The Dominica Citizenship by Investment Programme has been enacted since 1993 and is legally entrenched in the Dominican Constitution

ABOUT DOMINICAThe Commonwealth of Dominica "The Nature Island" is one of the Windward Islands in the Eastern Caribbean, lying between Guadeloupe to the north and Martinique to the south. A volcanic island 46 km in length, Dominica has a central mountain ridge running from Cape Melville in the north to the cliffs in the south. Morne Diablotin rises to 1,447 metres. There are numerous mountain streams and rivers, none of them navigable. The scenery is outstandingly beautiful, with waterfalls and luxuriantly wooded mountains. Most beaches are of black volcanic sand, with some of golden sand. The climate is subtropical and hot, but cooled by sea breezes, with a rainy season in June–October, when hurricanes may occur. Rainfall is heavy, especially in mountain areas.

Dominica was ranked no. 1 in 2017, 2018 and 2019 in the CBI (Citizenship by Investment) Index, a publication by the Financial Times’ Professional Wealth Management (PWM) magazine.

LEGAL BASISThe Dominica Citizenship by Investment Programme has been enacted since 1993 and is legally entrenched in the Dominican Constitution. This programme is based on Section 101 of the Constitution of Dominica and Sections 8 and 20 (1) of the Dominica Citizenship Act.

BENEFITS OF DOMINICA CITIZENSHIP BY INVESTMENT PROGRAMME

Information on obtaining citizenship is not disclosed to third parties

Ability to pass on citizenship to future generations

Dual citizenship permitted

Citizenship for life, with the right to live and work in the country

The island has no income, wealth or inheritance taxes

Most affordable legal programme available to the global community

Quick process – passport is granted in 2–3 months

Visa-free or visa on arrival access to more than 137 countries

No requirement to reside in the country

There is no requirement to visit Dominica in order to qualify for citizenship

Page 3: DOMINICA CITIZENSHIP BY INVESTMENT PROGRAMME · The Dominica Citizenship by Investment Programme has been enacted since 1993 and is legally entrenched in the Dominican Constitution

ELIGIBILITY FOR DOMINICA CITIZENSHIP BY INVESTMENT PROGRAMME

KEY CRITERIA

Absence of sanctions, restrictions or bans on entry to the EU countries, the USA, the UK and CanadaA donation to a government fund of US$100,000 or investment in real estate for the minimum amount of US$200,000 (plus applicable government fees)

Clean criminal record from your country of origin and/or residence

Ability to confirm the legality of the source of income

Impeccable personal and business reputation

Applicant must be in a good health

Have a basic knowledge of English

INVESTMENT OPTIONSOPTION 1: DONATION TO A GOVERNMENT FUND

The Government Fund was established through the economic citizenship programme as one component of a national capital mobilization portfolio towards an ultimate goal of national development for Dominica.

To qualify for citizenship under this investment option, there are four investment categories with different contribution amounts, based on the number of dependents included in the application, which is as follows:

Single Applicant: a non-refundable contribution of US$ 100,000

Main Applicant and Spouse: a non-refundable contribution of US$ 175,000

Applicant with up to three dependents: a non-refundable contribution of US$ 200,000

For an additional qualifying dependant, other than a spouse, a non-refundable contribution of US$ 25,000 per dependant is required.

The main applicant must be at least 21 years of age.

Children under 30 years of age

Children, regardless of age, having a mental or

physical disability

Eligible dependents include the spouse, children and parents of the

main applicant and/or spouse. Parents (55 years and older)

Page 4: DOMINICA CITIZENSHIP BY INVESTMENT PROGRAMME · The Dominica Citizenship by Investment Programme has been enacted since 1993 and is legally entrenched in the Dominican Constitution

ABOUT ALTUS CITADEL

Benefits of choosing Altus Citadel:

OPTION 2: REAL ESTATE INVESTMENT

Applicants may purchase property valued at a minimum of US$200,000 in a government-approved real estate development. The investment must be maintained for a minimum of three years. If maintained and sold after five years, the property qualifies the next buyer for citizenship as well.

Altus Citadel is a licensed Cyprus based administrative services provider operating under CySec license No. 26/196. We are currently servicing several institutional clients and a number of private clients originating mainly from Eastern Europe, CIS and MENA region, who express their satisfaction with the level of service and response.

••

Dedicated Immigration Services Department (residency, working visas, and citizenship by investment)7+ years of experience with a positive feedbackPool of reliable professional lawyers with extensive experience Can assist with all types of company formation in Cyprus and other EU and offshore jurisdictions

82 Acropoleos Avenue, Acropolis2012 Nicosia, Cyprus

Tel.: +357 22 252774Fax: +357 22 450775

[email protected]

Government Processing Fee (in the event of Real Estate Investment):

Principal Applicant: US$ 25,000

Principal Applicant + Spouse: US$ 35,000

Family of up to 4 (including principal applicant): US$ 35,000

Family of seven persons or more, including the Main

Applicant and six or more dependants: US$ 70,000

Due Diligence Fees (for both options):

Principal Applicant: US$ 7,500

Spouse: US$ 7,500

Dependent child aged 16-27: US$ 4,000

Application Processing Fee: US$ 3,000

Certificate of Naturalization (per person):

US$ 750