CAPITAL CITY Roseau

TIME ZONE Eastern Caribbean Time Zone (UTC -04:00)

TOTAL AREA 750 km²

LANGUAGES English

CURRENCY East Caribbean Dollar $

POPULATION 73,543

VISA FREE COUNTRIES 137 Including Schengen Countries, UK, Hong Kong & Singapore

NEAREST COUNTRIES Martinique 93.7, Guadeloupe 96.4 km

cclex.com

Dominica Citizenship by Investment

DOMINICA CITIZENSHIPPROGRAMME

Dr Jean-Philippe Chetcuti Partner, Residency & Citizenship jpc@cclex.com

BENEFITS OF DOMINICA CITIZENSHIP

Fast Process Minimal taxation

Dual-citizenship allowed

Family members included

Confidential Application

Process

DOMINICAThe Commonwealth of Dominica , also known as the Nature Island of the Caribbean is an independent state situated near the islands of Martinique and Guadeloupe.

Dominica, formerly a British colony is a member of the British Commonwealth of Nations, the Organization of American States (OAS), Caricom and also the United Nations.

The Dominica Citizenship by Investment Programme grants citizenship to investors and their families in exchange for an investment in a government fund or else in real estate. Citizenship obtained under this programme grants the right of full citizenship for life and can be passed on to future generations.

LEGAL BASIS The 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.

TAXATION OF NEW CITIZENSA citizen under the Dominica Citizenship by Investment Programme is not liable to taxation in Dominica on any income earned outside of Dominica unless one decides to reside there. In addition, new citizens are exempt from tax on wealth, inheritance or capital gains tax.

137 Visa-free destinations

inc. EU, UK, HK

Tax

‘FIT AND PROPER’ TEST

The Government of Dominica is committed to the highest standard of due diligence to ensure only deserving and reputable applicants are allowed to proceed for the grant of Dominica citizenship. Applicants must demonstrate a clean criminal record verified with INTERPOL and other international authorities.

INVESTMENT OPTIONS

In order to qualify for the Dominica Citizenship by Investment Programme, the main applicant must either: Invest in the Economic Diversification Fund or Invest in Real Estate

INVESTMENT IN REAL ESTATE

A main applicant may decide to invest in real estate in order to qualify under the Dominica Citizenship by Investment Programme. The real estate must have a minimum value of US$200,000 and is to be kept for a minimum of 3 years. This property may be eligible for re-sale after 5 years from the date of purchase.

When choosing this option, a single applicant is required to pay a government fee of US$25,000. The government fees for a family application including a main applicant and spouse or including up to four persons is that of US$35,000. Additional fees apply for additional family members.

INVESTMENT IN THE ECONOMIC DIVERSIFICATION FUND (EDF)

The Investment in the EDF is considered to be the fastest route to obtain citizenship under this programme. The EDF was established with the aim of developing and strengthening the country through the diversification of its economy.

The minimum contribution required under this option varies according to the number of dependants added to an application. A single applicant is required to make a non-refundable investment of US$100,000. A family application including a main applicant and a spouse requires a non-refundable investment of US$175,000. A family application including a main applicant, a spouse and two children under the age of 18 requires a non-refundable investment of US$200,000, plus US$25,000 for any additional dependant in the family.

ELIGIBILITY The main applicant for the Dominica Citizenship by Investment Programme must be at least 21 years of age. Eligible dependents include the spouse, children, parents under certain conditions.

ELIGIBILITY REQUIREMENTS

Main applicant: minimum age 21 years

21+

Donation to the EDF

€

Home purchase

+ + or =

Clean police conduct

WHY WORK WITH US?

Success Rate:Problem Solving, Integrity, Honesty

Holistic tax, trust & estates planning

Our Ethos:Small firm personal, Big firm expertise

We’re lawyers:Lawyer-client

privilege

Dedicated global immigration law

practice

DOMINICA CITIZENSHIP PROGRAMMEAPPLICATION PROCESS

Full Citizenship Application

In Principle Approval

Certificate of

Naturalisation

Application Timeline

<1 MONTHPREPARATION• Prepare supporting documents &

Application file

2 MONTHSPROCESSING TIME• The Dominican authorities review

the application, source of funds and carry out the due diligence checks

COMPLIANCE TIME• Remit the donation to the EDF, or• Purchase of real estate

The materials contained in this document are provided for general information purposes only and are not intended to provide legal or other professional advice. We accept no responsibility for any direct, indirect or consequential loss or damage which may arise from reliance on information contained in this document. Readers are advised to seek confirmation of statements made herein before acting upon them; specialist advice should also be sought on your particular cases. Please feel free to contact us at your convenience. © COPYRIGHT NOTICE: Reproduction in whole or in part is strictly forbidden, except with the prior written consent of Chetcuti Cauchi.

Dr Jean-Philippe Chetcuti Partner, Residency & Citizenship jpc@cclex.com

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