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Best Citizenship by Investment Opportunity for Iraqi Nationals

Irag has experienced a series of armed conflicts over the years. The 2003 invasion literally brought down the country to the ground level and by the end of 2021, the U.S. formally concluded the withdrawal of its combat mission in the war-torn country, leaving the Iraqi nationals at the expense of their protection.

So, how is the new Iraq after the war? Although its main challenge is recovering from the war against the Islamic State and the Levant (ISIL), the political system in Iraq is still lacking cohesion.

The government is hopelessly corrupt and the economy has been in a downward spiral since 1979. The country had no real government until new prime minister Mustafa Al-Kadhimi was elected in 2020 to serve as a caretaker prime minister. But even at that, this is a Prime Minister that is not in a position to rule the country and no President that actually has power.

All of this makes the new Iraq even more vulnerable to terrorist attacks. In order to move forward, the new government must implement a comprehensive economic plan that focuses on ensuring a prosperous and stable future for Iraq. And more so, the Iraqi nationals who find the situation unbearable have the option to secure a better future for their families in countries with a stable economy and security.

At CTrust Global, an authorized Citizenship by investment agent for the Caribbean countries, we are here to put you in the right direction. Ahead, discover how Iraqi nationals can acquire a second passport and dual citizenship in a Caribbean country called Dominica.

Table of content

Where is Dominica located:

Dominica is a small island country located in the eastern Caribbean Sea, and it borders the French islands of Guadeloupe and Marie-Galante to the north and Martinique to the south. The country is known for its lush rainforests, sandy beaches, and hot springs. Over the years, Dominic’s tourism sector has recorded a surge, often attracted by holidaymakers, retirees, and business investors that foresee a future in the country.

Dominica passport VS Iraqi passport ranking

When it comes to passport ranking, there is no basis for comparison between Dominica and Iraq. At the 33rd position on the passport index, the Dominica passport ranks three times higher than the Iraqi passport, giving its holders the traveling freedom to 144 countries, which includes the includes EU and Schengen countries, the United Kingdom, Israel, Singapore, China, and Russia. Iraqi passport, on the other hand, sits comfortably at the 111th position with visa-free access to only 28 countries.

Why should Iraqi nationals consider Dominica citizenship?

Iraq being a war-torn country, it is difficult to ignore the challenges Iraqis are facing as the list is countless.

  • High-risk of security
  • Dwindling economy
  • High unemployment rate,
  • Poor healthcare system,
  • Education crisis and the list goes on and on.

While it might be difficult for the average Iraqi to scale through these turbulent challenges, one way out is securing a better future in other countries. Your family can live freely and happily, and the children can also have access to education in other countries.

 As an Iraqi investor or Iraqi national wishing to secure a second passport and dual citizenship, Dominica is your best option.

The following are just a few reasons and benefits of getting a Dominica passport:

  • Visa-free travel to over 144 countries.

With a Dominic passport, Iraqi citizens can travel to 144 countries visa, a great opportunity to enjoy traveling freedom.

  • Duty-free trading in the Caribbean country

You can set up a business in Dominica and enjoy tax freedom

  • Investment is recoverable

Iraqi investors can invest in Dominica and still guarantee to recover your investment.

  • Fly the world with family members

Applying for a Dominica passport allows you to add family members to the list.

  • Low crime rate

With a low crime rate, you can enjoy the Caribbean country without worrying about security for yourself and your children.  

  • Strong and stable economy

Dominica has a good economy, so you won’t worry about your investment.

Different ways Iraqi nationals can acquire a Dominica passport and citizenship

There are two different routes by which Iraqi nationals can secure a Dominican passport. There are:

  • Donation to the Economic Diversification Fund (EDF)

In an effort to enhance its national development, the Dominican government offers foreign nationals a form of Citizenship by Investment program by which investors can contribute to the financing of the country’s public sector projects such as building and renovating hospitals, and schools, national sports stadiums, etc.

In this case, Iraqi investors can also embrace this opportunity and donate money to the Dominica Economic Diversification Funding program to secure their dual citizenship for the future.

To apply, you must make a non-refundable sum of $100,000. Details of the amount payable below:

Single Applicant USD $100,000
Applicant + SpouseUSD $150,000
Applicant + Spouse + 2 ChildrenUSD $175,000
Additional DependentUSD $25,000 each
Eligible Siblings (18 to 25 years)USD $50,000 each
  • Dominica Real Estate Investment

Iraqi investors interested in acquiring a Dominican passport and citizenship can invest in the Dominican government-approved real estate with a minimum investment of $200,000. See the extra fees for the applicant with family members below.

Main applicantUSD $25,000
SpouseUSD $10,000
Family of up to 4 USD $35,000
Family of up to 6 USD $50,000
Family of 7 or moreUSD $70,000
Additional dependentsUSD $25,000 each
Eligible siblings 18 to 25 USD $50,000 each

How long can it take an Iraqi national to acquire a Dominican passport?

It takes just about 3 to 4 months to obtain a Dominican passport but depending on unforeseeable cases, the process can take up to 6 months.

What is the Validity of a Dominica passport?

The Dominica passport is valid for 10 years and the passport is renewable. However, a Dominican passport issued for children under 16 years old is valid for 5 years.

For an Iraqi national to be eligible for the Dominican Citizenship by investment program, you must:

  • Hold no criminal record
  • Have excellent health
  • Be of outstanding character
  • Must invest or donate to the Dominican government

Can I recover my money after investing in Dominica?

The answer is YES! For Iraqi investing in Dominica real estate, the program is completely a win-win situation, with more benefits for the investor as you can sell the real estate after 5-years while still maintaining your citizenship status. But the investment must be held for 5-years before resale.

Steps to take in order to apply for a Dominica Passport

Article written by CTrustGlobal
CTrustGlobal is a Government recognized and Authorized Immigration and Investment Program agent, representative, promoter and marketer. We are the leading name in providing investor immigration services as per the guidelines offered by The Governments of the Dominica, Grenada, Saint Lucia, Antigua & Barbuda and Saint Kitts & Nevis and Cyprus.

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