No Increase of Investment or Cost of Dominica Citizenship!

No Increase of Investment or Cost of Dominica Citizenship!

On 26 July 2016, PM Roosevelt Skerrit presented Budget 2016- 2017 in which states the benefits of Citizenship by Investment Programme to the Economy of the Commonwealth of Dominica and future development of Citizenship by Investment Programme.

PM Roosevelt also ensured to the future applicant of the Dominica Citizenship by Investment Programme that there is no increase in the investment amount or cost to get Dominica Citizenship through investment.

As before, one can attain the Dominica Citizenship through Investment either by contributing to the Government fund or by investment in Real Estate.

For Dominica citizenship by investment in Government Fund costing as follows:

  • A single applicant for citizenship is US$100,000;
  • An applicant with a spouse is US$175,000;
  • An applicant with a spouse and 2 children under 18 years is US$200,000.

On top of these fees are such things as a background check from any countries you have lived in and an application fee.

To qualify for citizenship in Dominica under the Real Estate Option under the Citizenship by Investment Program, an applicant must purchase authorized real estate to the minimum value of USD 200,000.

After this budget we can say that Dominica Citizenship by Investment programme is impacting greatly in the development of the country and government is taking special care to maintain transparency and its value by maintaining strong due diligence.

June 28, 2020
Dominica Extends List of Family Members as Dependents

In a bid to make Citizenship by Investment Program more attractive, the Government of the Commonwealth of Dominica has simplified the addition of other family members, who can be included as dependants with the main applicant, on 24th June, 2020. The new changes will allow adult children, parents, grandparents, and siblings to be added along with the […]

June 28, 2020
After Dominica, Grenada opens a Consulate in Dubai

With an aim to bolster the ties between UAE and Grenada and citizenship by investment program, Grenada has opened its first consulate in Dubai. This step is expected to develop cultural, economic and scientific ties between the two countries and the Middle East region at large. The Grenadian Consul General to the UAE, Rose Ann […]

June 17, 2020
Canada to Modernize and Upgrade Immigration System

Canada is expecting a huge turn out once the restrictions on international travel are relaxed. This information is revealed on a document released by the federal government website. The document invites vendors who can help modernize the present Immigration, Refugee and Citizenship Canada (IRCC). The government expects the vendors to improvise and modernize the process […]

June 3, 2020
Dominica First to Receive Loan to Improve Air Connectivity in the Caribbean

On May 28th, 2020, the World Bank announced a concessional loan worth US $ 13 million to be conceded on June, 01, 2020for the Commonwealth of Dominica to improve the overall air connectivity in the Caribbean region and upgrade the airport infrastructure. The loan is aimed to facilitate safe accommodation of diverted flights, post disaster relief, post pandemic […]

ABOUT

DUBAI OFFICE

Copyright 2020 CTrustGlobal Ltd. | All Rights Reserved | Working under the umbrella of Trust Group

phonefaxpaper-plane linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram