Answers provided by iGlobal
What makes Dominica citizenship by investment unique in comparison to other CBI programs?
Investors can rely on legally sound, time tested constitutional protections which are lacking in similar CBI programs. Plus, the Dominica government has nurtured the integrity of the program over many years by following strict due diligence protocol. The government has not followed the price dilution tactics of the competition while increasing the value of the program with the additions to eligible dependents and visa free travel destinations. Since its inception in 1993, the Dominica citizenship by investment program remains as the most economical choice while giving investors the most rewards in return for their investment. It is also the most popular Caribbean program and consistently outperforms the competition.
What are the primary advantages of Dominica citizenship by investment?
- Dual citizenship is allowed with no requirement to renounce your current citizenship.
- Enjoy the right to live and work in any of the CARICOM countries.
- The application is strictly confidential with no requirement to notify your country of origin.
- The Dominica passport is issued by a neutral country with a noninvasive foreign policy.
- Dominica’s legal system is based on English Common Law.
- There is no requirement to ever visit the island or reside there in order to retain citizenship.
- No tax on overseas income including capital gains, wealth or inheritance tax.
- There is no personal interview requirement for the application process.
- Visa free or visa on arrival access to 137+ countries including all of the EU, UK, Russia, the Commonwealth Nations plus Hong Kong and much more.
- English is the national language and there are no fluency requirements.
- As a citizen of the British Commonwealth you may receive assistance at British Embassies and consulates plus preferential treatment inside the UK.
What advantages does iGlobal offer to investors who are interested in obtaining Dominica citizenship?
At iGlobal we are true believers in the benefits of global citizenship. Having personally completed one of the Caribbean citizenship by investment programs, I am intimately familiar with the Dominica program benefits, qualification process and its requirements. Additionally, iGlobal is well integrated locally and we have a combined 15+ years of experience working with the Dominica citizenship by investment program. Choose iGlobal to ensure your citizenship application is successfully completed at the lowest possible cost with optimal efficiency. Plus, receive follow up support as you make the important transition outside your country of origin.
If I choose the real estate option when can I sell the property?
You are initially permitted to sell the property after a 3 year holding period or 5 year holding period if you wish to sell to another citizenship applicant. After the holding period is satisfied investors retain Dominica citizenship in perpetuity.
What is due diligence and why is it necessary?
Due diligence is the process of checking all of the information that you entered on your application. It is imperative to verify things like your identity, employment, education, funding source, residency and criminal history – including INTERPOL. The process is required on all applicants 16 years and older.
How long does it take to acquire Dominica citizenship?
The government review of your application can be completed within 3 months.
Can my new citizenship ever be revoked?
The citizenship rights granted are embedded in the constitution of Dominica. Additionally, Dominica has a stringent due diligence process which prevents the wrong type of applicant from ever being granted citizenship. No revocations have occurred since the program was established in 1993.
What is the non-refundable investment used for?
The funds from your EDF contribution are used for economic and community development projects on Dominica. For example, infrastructure to facilitate tourism, climate change, hurricane relief, geothermal power utilization, education and medical are some common program themes.
Can I submit the application myself?
Applicants cannot submit their applications directly to the Dominica CBIU.
What is considered a family unit for the application?
A family unit consists of the main applicant and spouse, plus their dependents. Dependents may include children, parents, grandparents, newborns, new spouses and siblings.
Can my descendants be granted citizenship?
Newborn or adopted children of any successful applicant are eligible for citizenship by descent.
Can children from a previous marriage be included on the application?
Yes. A certified letter of authorization from the other biological parent is required.
What is your refund policy?
Contributions for the EDF or real estate purchase are fully refundable if the application is not approved.
How long is the passport valid before it needs to be renewed?
Dominica passports are issued with 10 years validity for adults and 5 years for children under 16 years.
If my passport or certificate of naturalization is lost or stolen can it be replaced?
Yes. It is required that you obtain a police report/statement which validates your claim.
Does my police background check need to be from both my country of original citizenship and residency?
Yes, the criminal background check is for all countries that you have recently resided in for over 6 months duration and also your country of original citizenship.
Can I renounce my previous citizenship after I have received my new passport?
Yes, renunciation is permitted after you have been issued your new citizenship. However, dual citizenship is also allowed.
Answers provided by iGlobal