The Commonwealth of Dominica is a Caribbean republic with a parliamentary democracy. The capital city is Roseau and the population is approximately 73,500. Dominica’s official language is English, although French Patois is also spoken. The local currency is the East Caribbean dollar, which is pegged to the United States dollar.
The economically secure country with a parliamentary democracy enjoys one of the highest standards of living in the Caribbean, has no taxes for non-residents, boasts the lowest crime rate in the entire region, and is arguably one of the most naturally beautiful places on earth with lush green mountains, countless pristine rivers and waterfalls, and stunning white and black sandy beaches.
About the Citizenship by Investment Unit
Citizenship by Investment Programme was introduced in 1993 by the Government of Dominica.
The government recognizes that private investment has a major role to play in mobilising and realising Dominica’s potential, and that the Citizenship by Investment Programme is an opportunity to encourage foreign direct investment and to facilitate growth in the private sector. Over time, this will result in a framework of modern, diversified, sustainable, and resilient economic structures to respond to the realities of a highly competitive global environment.
Legal Basis and Relevant Legislation
The Citizenship by Investment Programme is set out in the regulations published pursuant to Section 101 of the Constitution and Sections 8 and 20 (1) of the Citizenship Act.
The Commonwealth of Dominica Citizenship by Investment Regulations, 2014 (S.R.& O. 37 of 2014), were recently updated by the Commonwealth of Dominica Citizenship by Investment (Amendment) Regulations, 2016 (S.R.&O. 38 of 2016)
The Dominica citizenship through investment program is legally entrenched in law, and since local law does not contain any restrictions on holding dual nationality, obtaining second citizenship by investment in the country is a confidential process that does not require a person to renounce their existing citizenship.