Dominica – Velorum Management Consultancies

Dominica

Dominica

Boasting the title of one of the most “untouched” Caribbean island nations, Dominica is filled with natural hot springs, coastal views, and lively rainforests. This country is an oasis for nature lovers. With the incredibly affordable Dominica Citizenship by Investment Program, being able to call it home is just a few steps away.

Proud of being one of the cheapest programs offered in the Caribbean, citizenship by investment in Dominca starts at just $100,000. However, applicants will never be asked to sacrifice quality or benefits in exchange for a low price tag; this program has been in place since 1993 and opens up visa-free travel opportunities to 145 countries for holders of the Dominica passport, along with many other benefits.

Origin of Citizenship by Investment in Dominica

The program was established in 1993. Dominica uses the funds from this program to help finance health care initiatives and critical infrastructure and to bolster its capacity for tourism. Helping tourism continue to grow is vital for this island nation’s future.

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Benefits of Pursuing Dominica Citizenship by Investment

People who hold a second passport are privy to numerous benefits; visa-free travel is just the start. Dominica has worked hard to put the systems in place that allow taxation benefits, business benefits, and other travel benefits for its passport holders. It is also a point of pride for the country to allow its economic health to provide a safe haven for residents of countries that struggle with safety, finances, and unstable environments. Below are some of the major benefits of Dominica’s Citizenship by Investment Program:

Ease of Travel

The Dominica passport is globally recognized as a visa-free passport to 145 countries. Visa-free travel includes all EU Schengen countries, Singapore, and Hong Kong, to name a few. Citizens of Dominica can access a 10-year visa for travel to the United States, which can be otherwise difficult to secure.

Taxation Benefits

Citizens of Dominica, including citizens through investment, are exempt from paying tax on international dividends, interest, or royalties. The country is also free from income tax, capital gains tax, and inheritance tax. This means pursuing Dominica’s Citizenship by Investment Program can be a great financial opportunity for applicants who have revenue streams from other countries.

Discreet Dual Citizenship

When an applicant is granted citizenship in Dominica, that applicant’s home country will not be notified of their new citizenship, making this the perfect opportunity for people who are looking for the transaction to be discreet. Privacy is of utmost importance to the government in Dominica because its goal is to provide a safe haven when needed, which requires strong discretion.

Forward-Looking Investment

Not only can real estate investments provide returns, but the fact that this program allows applicants to add future dependents once approved and this citizenship can never be revoked. Even if Dominica decided to end its Citizenship by Investment Program, all Dominica passport holders would remain as such.

Let us help you!

As a trusted golden visa & citizenship by investment agent, our team is equipped to assess the ideal options for your unique situation, facilitate your application process, and keep you in compliance every step of the way. Our personalized investment migration consulting is your one-stop shop for obtaining a second citizenship or new residency. Fill out our contact form to get started with a complimentary consultation today.