Why Choose Dominica ?
Broadly known as the nature island for its pristine magnificence, Dominica is seemingly the most breathtaking island in the Caribbean, promoting one of the best standards of living in the region. Dominica provides for pristine sandy beaches, lush green mountains, acres of unspoiled tropical rainforest and some of the best diving and hiking in the Caribbean. A diversified blend of English, French, African and Caribbean in culture can be seen in the population. It is a politically and economically stable state with the lowest crime rate in the region.Dominica Citizenship by Investment Program
Citizenship by investment in Dominica is available through two options.1.Economic Diversification Fund (EDF)
The Economic Diversification Fund (EDF) was established a component of a national capital mobilization portfolio with a vision of national development of country of Dominica. This fund is then utilised for public and private sector projects.
The contribution for Dominica Citizenship by Investment programme through EDF is as follows :
- Single applicant: a non-refundable contribution of USD 100,000
- Main applicant and spouse: a non-refundable contribution of USD 175,000
- Main applicant with up to three qualifying dependants: a non-refundable contribution of USD 200,000
- Any qualifying dependant of the main applicant, other than a spouse: a non-refundable contribution of USD 25,000 per dependant.
The contribution for Dominica Citizenship by Investment programme through Real Estate Investment is as follows :
- USD 25,000 for a single applicant;
- USD 35,000 for a main applicant applying with his or her spouse;
- USD 35,000 for a family of up to four including the main applicant and up to three dependants;
- USD 50,000 for a family of up to six , including the main applicant and up to five dependants;
- USD 70,000 for a family of seven or more, including the main applicant and six or more dependants.
You should hold the Real Estate for a period of 3 years and might be qualified for resale under the Citizenship by Investment Program which is 5 years after the date it is purchased.Advantages of Dominica Citizenship by Investment Program
- No Stay Requirement : There are no physical residency requirement under Dominica citizenship by investment program.
- No Formal Requirement: There is no requirement for education, age or language.
- Free Travel :In case of Dominica investment citizenship the investor and his family is eligible for a visa-free travel to 120 countries including UK, Hong Kong, Malaysia and Singapore.
- Minimal Taxation : Dominica citizenship offers minimum taxation in terms of no taxation on wealth, gift, inheritance, foreign income or capital gain.
- Residency Status :Investors under the Dominica citizenship program are entitled to live and work in Dominica.
- Currency Benefits:The currency, the East Caribbean dollar (XCD), is pegged to the US dollar (USD) at a fixed rate.
- Incentive Packages :Citizen of Dominica are entitled to a basket of incentive packages like corporate tax incentives, full exemption from import duties, tax relief benefits, and export allowance.
Why Choose Stratix Consultants ?
Stratix consultants is an abled team of immigration consultants and solicitors in Dubai with services extended to the entire Middle East, backed up with a strong experience. Our vision is to provide hassle free, easy, fast and client oriented immigration service.