Dominica citizenship by investment

With a Dominica passport, holders can travel visa-free to 159 countries, including Schengen Area countries and China. Dominica allows dual citizenship and does not levy wealth, inheritance, or capital gains taxes.

It depends on your goals and budget. The minimum investment in Dominica is $200,000, while in St Lucia it is $240,000. With a Dominica passport, one can travel visa‑free to China but not the UK. With a St Lucia passport, it is the opposite: you can travel visa‑free to the UK, but not to China.

Caribbean countries signed a Memorandum of Understanding: under the agreement, the minimum cost of obtaining golden passports has been set at $200,000 since July 1st, 2024.

Dominica digital citizenship is a status available under a joint project of the government and the cryptocurrency exchange Huobi. Foreigners receive a digital ID that enables access to Dominican banking services and trading on crypto exchanges. 

Official sources do not confirm that digital citizenship grants the right to apply for a Dominica passport.

Personal income tax is levied on a progressive scale from 15 to 35%. A foreigner becomes a tax resident if they live in the country for more than 183 days a year. Taxable income includes both local and foreign earnings. Non‑residents pay tax only on income earned in Dominica.

Foreigners do not pay tax when purchasing real estate. However, property transactions involve several mandatory fees; additional expenses amount to about 11% of the property price.

Corporate income tax in Dominica is 25%, and the standard VAT rate is 15%.

The investor pays the Due Diligence fee and government fees charged for document issuance, application processing, and the interview. When purchasing property, the investor also pays stamp duty, legal and court fees, and makes a contribution to the Insurance Fund. Together, these costs amount to approximately 11% of the property value.

All applicants over 16 years old must attend the interview. Questions may relate to the biography of the investor and their family, and the interviewer also assesses the applicant’s motivation to obtain citizenship.

Yes, family members may obtain Dominica citizenship at any time, including after the investor’s application has been approved. If more than a year has passed since the Due Diligence check, it must be paid for again.

The Dominica passport is valid for 10 years for citizens over 16 and 5 years for those under 16.

Passportivity lawyers recommend starting the renewal process three months before expiry. A new document is issued within four weeks. There is no need to visit Dominica. The entire procedure is carried out remotely.

No. The Dominica Citizenship by Investment Programme does not accept direct EDF contribution payments in USDT or other cryptocurrencies from a crypto wallet, including a wallet registered in the UAE.

For the Economic Diversification Fund, EDF, the official CBIU rules state that payments must be made by bank transfer. The minimum contribution is expressed in US dollars, and the Government also accepts equivalent payments in euros or pounds sterling. Cryptocurrency is not listed as an accepted payment method.

If the investor’s funds originally come from crypto assets, they usually need to be converted into an accepted fiat currency and transferred through a bank. The investor must also provide clear documents proving the lawful source of funds, including crypto purchase records, exchange statements, wallet history, bank statements, and tax documents where applicable. Dominica conducts Due Diligence checks, including source-of-funds verification.