Dominican Citizenship- Most Powerful Passport In the Caribbean
Dominica citizenship – Searching for a breakthrough? Dominica remains the best economic citizenship option among all Caribbean 2nd passports!
The best and richest Caribbean nation with the best Citizenship-by-investment-program. It also offers 2nd citizenship by investment program.
Best 2nd passport programs include Dominica, Grenada, Antigua and Barbuda, St Lucia, Vanuatu, Cyprus, Malta, and Turkey. These programs rank is dependent on some key components.
- Business opportunities
- Way of life
- Investment amount required
- Residency requirements
- Global mobility
- Simple process and processing time
Caribbean nations Dominica, Grenada, Antigua, and
Barbuda scored highest with the least investment amount and due diligence process.
All about Dominica Citizenship by Investment
Certainly, Dominica is the loveliest island in the Caribbean. Its downpour woodlands, its mesmerizing landscapes, and rich national parks make it a fascinating place like no other. Other attractions include its rainforests full of plants and creatures. Chances to snorkel, nightlife, and rich outdoor activities make it the best tourist spot as well!
Dominica offers monetary citizenship to investors who are ready to give $100,000 to the nation, since 1993. Likewise, the investment route is also available to investors. The program is revered in Section 101 of the Dominica Constitution. This gives more prominent validity and security to the program.
While other Caribbean countries’ citizenship takes around half a year, it takes 3 months for most nationalities to get full citizenship.
For high net-worth people, Dominica is something beyond a touristy nation. As indicated by the Citizenship by Investment Index, Dominica has the world’s best citizenship by investment program.
Why It Is The Right Time To Get A Second Passport For Yourself And Your Family???
If you have a second passport, you have greater freedom of choice under any circumstances even during the global crisis like now. Dual citizenship gives you independence from political, economic and social factors in your country of origin.
Specifically, this is also due to low investment thresholds with the certainty of permanency.
How Does an Authorized Dominica Citizenship Legal Firm Help?
The entire process can be hefty without the right assistance; this is where the official Dominica agents will help. Experts guarantee a perfect solution to the customer’s application structure and help set up all the imperative supporting documentation. Furthermore, these professionals keep you informed and handle all correspondence with the Dominican government in the interest of a candidate.
If you are facing trouble regarding choosing the right legal firm there are certain factors you need to consider. However, I will discuss them in some other blog to lend a helping hand to you.
What Is Best Investment Option? Should I Make Donation Or Invest In Real Estate?
Dominica’s passport opens a world of opportunities for you however it can be confusing to decide which investment choice is best for you. Neither of donation or real estate investment option is fundamentally better than the other. Though both offer certain preferences over the other.
Not specifically, but this is seen that individuals pick up a donation option. Whereas families generally opt for real estate choice. To assist you in decision making we have mentioned the pros and cons beneath:
Dominica Government Fund Donation- Most Economical Route
The essential benefit to turn into a Dominican citizen through contributing is that it requires less cash. This is specifically for people applying alone. Individuals who are ready to make a donation of $100,000 can enjoy the perks of dual nationality making its cheapest citizenship by investment option. However, the downside regarding this choice is that there is no refundable amount available.
Purchasing Real Estate in Dominica
By a long shot, the greatest leeway to get the Dominican second passport is by buying property. Besides, this choice is refundable and is not a sunk expense. After three years of buying an authorized land, you have satisfied the investment criteria successfully and are liable to sell it. This alternative is quite appealing as compared to the donation route in which once cash is gone, it is gone forever.
Indeed the Dominican citizenship through land route can offer phenomenal worth as it gives citizenship to the entire family. Alternatively, this investment is recoverable after three years.
Do I have to be a resident in Dominica in order to get its passport?
There is no residency prerequisite at all to acquire Dominica citizenship. Also, applicants are not in any case required to visit the nation a single time. When an individual has procured Dominica nationality, there is additionally no commitment to ever visit the island. On the other hand, Dominica is a fabulous nation and citizens are welcome to live, work or study on the island.
Do I need to renounce my current citizenship to acquire Dominica Citizenship ?
Truly, dual citizenship is permitted when acquiring Dominica’s 2nd passport. Anyway, you should be cautious with the nationality rules of your nation of origin. Additionally in certain nations dual nationality is a criminal offense. Ask your immigration firm regarding citizenship rules before going ahead with the decision.
Who is eligible to apply for Dominica Citizenship by Investment?
Applicants interested in Dominican citizenship must be at least 18 years of age. Furthermore, he/she must be willing to make the required investment and must have no criminal background. Candidates must consult authorized consultants who will assist them regarding required documents and to smooth line the procedure.
Which family members are considered as dependents? Can they be included in a single application?
An applicant can incorporate their entire family while paying little attention to how many kids they have and how old they are. The maximum age of the kids must be 28 years and age for the parents has been set to 55 years old or more. Moreover, the applicant can add spouse, children under 28 years of age, mentally or physically challenged children and parents, all can be included in a single application.
What are the perks of the Dominica Second Passport?
Investing in Dominica means a unique opportunity to get a legal dual nationality. The quiet Caribbean Island is known for its kind-hearted and friendly occupants. The perfect option for those looking for the cheapest citizenship while another nationality for a lifetime. As a citizen of Dominica, it is simpler to access over 135 nations including Singapore, the United Kingdom, and EU countries.
It is, therefore, a secure investment as well with no necessities for living in the country. Acquiring the 2nd passport of Dominica guarantees the security of business, income and a better future for yourself and the future generations. Confidentiality is another benefit of the program as no data is available to the country of primary citizenship.
Obtaining a passport of Dominica doesn’t require renouncing your primary citizenship. Furthermore, passport holders have the chance to move openly around the globe. Dominica is appropriate not just for individuals who wish to acquire another citizenship for business yet also for the individuals who might be intending to discover a spot with ideal conditions for living.