The Dominica Citizenship by Investment Program is the most financially advantageous program of its kind for those seeking a second citizenship.
The Commonwealth of Dominica is a parliamentary democracy and member of La Francophonie. With that, Citizenship of Dominica enables visa-free travel to 128 countries and can be obtained by investing in real estate or donating to Dominica’s National Transformation Fund. Additionally, all family members brought along will be eligible to gain Dominica citizenship.
Further, the government of Dominica announced the beginning of the issuance of a new biometric passport from July 19, 2021. Citizens of Dominica can get a modern biometric passport when replacing an expired or restoring a lost document. Candidates waiting for passports can obtain current passports or wait for biometric passports. Further, the initial deadline given by the Government of Dominica to replace the machine-readable passports to the new e-passport has now been revised from July 2023 to August 30th, 2022.
Overall, Apex Capital Partners specialists will provide professional legal support, prepare all the necessary documents, and consult at all stages, while Dominica citizenship is being processed.
BENEFITS OF DOMINICA CITIZENSHIP
– First, no income tax on non-resident citizens
– Second, dual citizenship is allowed
– Third, visa-free travel to 128 countries
REQUIREMENTS FOR DOMINICA CITIZENSHIP
– Applicants must be 21 years of age (minimum)
– Applicants must not have a previous criminal record
– All applicants 16 years of age or over will be required to attend a mandatory interview*
* From 17 July 2023.
Apex Capital Partners is the official licensed agent of the state of Dominica for working with citizenship programs for investors.
OPTION 1. DONATION TO THE NATIONAL TRANSFORMATION FUND
USD 100,000 for a single applicant
USD 175,000 for a family of 4
OPTION 2. REAL ESTATE INVESTMENT
USD 200,000 (minimum)
Please note that mandatory government fees will be added to the declared investment amounts. As well as legal support services. Request a cost calculation from APEX.
Recently, Dominica has had tough economic times due to tropical storms and unfavorable weather. However, the people are always working together to rebuild. With that, Dominica is emerging stronger than it ever was.
In addition, those looking for entrepreneurial endeavors might look to the major industries with a positive outlook in Dominica. This includes agriculture, tourism, manufacturing recover and geothermal electricity generation.
School in Dominica is largely influenced by long-established religious institutions, and schooling is compulsory from ages 5 to 16.
As of right now, those seeking higher education must go overseas to get a degree. However, there are three lower-level tertiary schools on the island, including the Dominica State College, the School of Nursing and the Dominica Teachers Training College.
As mentioned, Dominica experienced a lot of damage from tropical storms, with the real estate market taking the biggest hit. However, real estate is still very attractive for foreigners and the market demand has remained steady.
Overall, typical home prices range between $200,000 to $600,000 USD, with North Americans being the largest portion of investors in the country.
The worry of finding drinkable water in some smaller islands is a legitimate concern for many properties, but in Dominica, 95.8% of those with Dominica citizenship have access to safe drinking water.
Overall, healthcare has come a long way in recent years. It is becoming quite modern and comparable to mainland healthcare systems. However, with its current resources, Dominica cannot provide complicated procedures such as radiation, complex orthopedic surgery and burn surgery. Further, patients must be taken oversees to larger university hospitals.
With that, an emerging trend in Dominica is a greater focus on mental health, which until this point, has been understudied and under treated. The outlook for future healthcare innovation is looking as bright as it ever has.
IMPORTANT NEWS
Dominica Citizens Eligible for Canada Simplified Visa (CAD+)
On June 7, 2023, it became known that citizens of Dominica can now use the simplified visa regime (CAD +) to visit Canada. This was officially announced by the Canada’s High Commissioner, Lilian Chatterjee.
Please note that such concessions apply only to those citizens of Dominica who have visited Canada at least once in the last 10 years (on legal grounds) or have a valid non-immigrant visa to the United States at the time of application. In addition to citizens of Dominica, citizens of Grenada received this privilege. So, subject to the above conditions, citizens of Dominica, including holders of investment passports, can apply for a Canadian visa online. The remaining categories of citizens are still required to receive regular visas. Mind that only passengers arriving in Canada by air can use the eTA eVisa. This rule does not apply to other types of transport (border points).
The simplification of the visa regime between Canada and the Caribbean countries means a new stage in relations between the countries.
Dominica changes rules for dependents in Citizenship by Investment program
Since September 15, 2022, the definition of “dependent” and substituting the following “dependent” means —
(a) a spouse of the main applicant;
(b) a child under 18 years of age of the main applicant or the spouse of the main applicant;
(c) a child of the main applicant or the spouse of the main applicant between 18 and 30 years who is in attendance at a recognized institution of higher learning and substantially supported by the main applicant or the spouse of the main applicant;
(d) an unmarried daughter of the main applicant or the spouse of the main applicant who is under 25 years of age and is living with and fully supported by the main applicant or the spouse of the main applicant;
(e) a child of the main applicant or the spouse of the main applicant who is 18 years of age or older and physically or mentally challenged and who is substantially supported by the main applicant or the spouse of the main applicant;
(f) parents or grandparents of the main applicant or the spouse of the main applicant above the age of 65 years who are substantially supported by the main applicant or the spouse of the main applicant.
For more information regarding government fees, please contact atannous@apexcap.org
EUROPEAN CITIZENSHIP BY INVESTMENT
European Citizenship by Investment is becoming increasingly popular across the globe. We will answer the questions where can I get second passport EU and what countries would be interesting for EU citizenship through investment?
CITIZENSHIP BY INVESTMENT IN REAL ESTATE PROJECTS
Apex Capital Partners has experience in the real estate market. This allows you to find reliable developers around the world whose projects allow you to obtain citizenship for real estate.
ABOUT APEX CAPITAL PARTNERS
Apex Capital Partners Corp. is a full-service government mandated advisory firm specializing in second citizenship and investor immigration programs for a multinational clientele.
APEX provides services with end-to-end execution for many HNWI, representing them to Citizenship by investment programs in countries around the world.
- More than 30 YEARS of investment consulting
- More than 3 BILLION USD in investments
- More than 3000 CLIENTS served internationally
CABRITS RESORT KEMPINSKI
Cabrits Resort Kempinski Dominica will be a hideaway resort that will rank amongst the best in its class in the Caribbean. Specifically, it has been designed to preserve a natural balance between the land and the sea, while ensuring a modern contemporary guest experience. USD 220,000 per share.
TRANQUILITY BEACH RESORT
The Tranquility Beach Resort Dominica will join Curio Collection by Hilton, a global set of remarkable hotels and first class accommodation quality. USD 220,000 per share.
SILVER BEACH RESORT
Silver Beach Resort & Spa is an approved real estate project of Dominica’s Citizenship by Investment Programme. The 200-room, luxury, five-star resort, is expected to set the standard for eco-chic resort living. Additionally, it is located on 12 acres of gently sloping, beach front land. Further, it offers panoramic vistas of the town of Portsmouth, and even Guadeloupe in the distance. Silver Beach Resort & Spa sits on Picard Beach. As one of Dominica’s best beaches, it’s just five minutes from world renowned US medical school – Ross University School of Medicine.
Lucina Bruno,
Vice-president, Caribbean Operations
«The Dominica citizenship is a best of breed program as one of the oldest programs in the world, along with Austria and St. Kitts, at a superior price point, and with a due diligence platform which is doubly protected by Apex Capital Partners Corp. own due diligence investigation and the Citizenship by Investment Program due diligence searches.»
