Dominica slashes CIP-fees
Just two weeks have passed since the Antigua & Barbuda Citizenship by Investment Unit’s announcement that it would drastically reduce its processing fees, and Dominica is now following suit, becoming the second Caribbean program – in as many weeks – to enhance its competitive position.
The government fee changes apply to Dominica’s real estate option (there are no government fees under the fund contribution option) and are as follows:
– Main applicant: US$25,000, down from US$50,000
– Main applicant with Spouse: US$35,000, down from US$75,000
– A family of up to four persons, including main applicant: US$35,000, down from US$75,000
– A family of up to six persons, including main applicant: US$50,000 down from US$100,000
For more information, please see the Dominica Citizenship by Investment Unit’s official website.
Image credit: By Konstantin Krismer (Own work) [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC BY-SA 3.0
Christian Henrik Nesheim is the founder and editor of Investment Migration Insider, the #1 magazine – online or offline – for residency and citizenship by investment. He is an internationally recognized expert, speaker, documentary producer, and writer on the subject of investment migration, whose work is cited in the Economist, Bloomberg, Fortune, Forbes, Newsweek, and Business Insider. Norwegian by birth, Christian has spent the last 16 years in the United States, China, Spain, and Portugal.