DOMINICA CITIZENSHIP BY INVESTMENT
The legal basis for Dominica citizenship by investment has been established in law since 1993. It is a long established, flexible and well managed second passport program.
Dominica Citizenship / Dominica Passport Program
The Dominica Citizenship Programme is currently one of the most affordable and desirable programs available in the world. The passport is very similar to other second passport programs being offered by other citizenship programs, such as, St Kitts & Nevis and Antigua & Barbuda, in terms of the price and benefits on offer.
Dominica Citizenship By Investment & Dominica Passport Program
Dual Citizenship is permitted, there is no language requirement and applications can be processed without travel or interview. Holders of the Dominica passport enjoy visa free travel to approximately 130 countries, including the UK, Canada and the countries of the Schengen area.
Dominica (officially the Commonwealth of Dominica) is an island country and parliamentary democracy in the Lesser Antilles region of the Caribbean Sea. Dominica is one of the Caribbean’s few republics. It has an estimated population of 73,000. English is the official language and the capital is Roseau. Dominica is mostly volcanic with few beaches and this has hindered its development as a destination for tourism.
It’s offshore financial services industry and agriculture is the mainstay of its economy.
Dominica taxes resident individuals on a worldwide basis. However, for second passport holders, as there is no requirement to become resident in Dominica, taxes only apply to income arising at source in or remitted to Dominica. In short, for non-resident second passport holders, there are no adverse tax consequences.