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Living as an Economic Citizen in the Caribbean Island of Dominica

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Date Published: January 25, 2021 | Date Updated: February 4th, 2021
By January 25, 2021 February 4th, 2021 No Comments
Economic citizens enjoying the beach in Dominica

Located between the French territories of Guadeloupe and Martinique in the Caribbean, the Commonwealth of Dominica gained independence in 1978. The island has plenty to offer those who choose to make its sunny shores their home. It is perfect for any eco-tourist looking for an adventure, for those looking to lead a quiet, nature-enshrined, stress-free life, or simply for investors and retirees looking for a second home and Dominica passport.

Known as the “Nature Isle of the Caribbean”, Dominica is without question one of the most beautiful islands that boasts of unspoiled beauty and one of the best standards of living in the region. Dominica exudes an inherent sense of inclusiveness orchestrated by the distinct blend of African, Caribbean, French and English influences.

“We are a nation deeply rooted in community values and a mindset of reciprocity,” says Roosevelt Skerrit, the Prime Minister of Dominica.

The island has numerous rivers and waterfalls, green mountains, and beautiful ocean views. With rainforests full of rare fauna and flora, and opportunities to snorkel, dive and discover underwater hot springs, it is clear why Dominica is a growing ecotourism destination.

Scuba divers in Dominica Coral Reef.

Dominica’s diving is some of the best in the Caribbean, with most dive sites along the western side of the island.

Geographically, Dominica is about the size of Singapore, and there are less than 75,000 people who live on the island. Most residents are of African descent; although there is a small indigenous population (the last in the Caribbean) and a growing number of Western and Eastern inhabitants. 

English is the official language, but the French dialect, Creole, is also widely spoken. Furthermore, the island is considered one of the happiest places in the world to live as a result of a great island lifestyle in a safe, friendly, and beautiful country.

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Dominica offers a low cost of living which of course depends on lifestyle and location. Still, it is possible to live very comfortably with a stable and growing economy, affordable access to primary services including electricity and water, and a robust education system subsidised by the government that maintains a 94% literacy rate.

Aerial view of Dominica coast

Dominica was the last island in the Caribbean to be colonised by Europe.

Public health services are free, facilities are modern and up-to-date, private health services are structured, and the standard of health across the island is excellent.

Dominica is fast becoming one of the most attractive destinations for a second passport and second home. Thanks to Dominica’s Citizenship by Investment (CBI) Program, it is now possible for foreigners to retire or reside permanently in Dominica.

Dominica Citizenship by Investment

Established in 1993, the Dominica Citizenship by Investment Program is one of the oldest in the world. The program allows well-vetted investors and their families to either contribute to a government fund or invest in pre-approved slice of real estate on the island in exchange for citizenship.

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“Emerging for the fourth consecutive year as the world’s best CBI Program, Dominica balances an excellent reputation for meeting the needs of investors with strong due diligence, a low minimum investment outlay, efficient processing, and a renewed focus on family reunification,” the Index reads.

Dominica citizenship by investment program

Designed to be a smooth and straightforward process with a timeframe of 6 months to your new citizenship.

Dominica’s CBI Program is one of the most practical and cost-effective, provided that you take the government fund route. It also offers visa-free or visa-on-arrival entry to approximately 140 countries, including Europe’s business hubs, Hong Kong, Malaysia, and Singapore.

Once you obtain your Dominica passport, you are a citizen for life. You are also allowed dual citizenship while enjoying your Dominican citizenship which provides you with the ability to purchase property and the possibility to live and work in this Caribbean paradise.

Possibly one of the most attractive aspects of Dominica’s Citizenship by Investment Program is that your citizenship can be inherited so that you can pass on Dominican citizenship to your children as your legacy.

Second passport holders enjoying the beach

You can also include qualified members of your family in the same citizenship application.

Benefits of Dominica Citizenship & Passport

  • You make your investment after your application is approved, not before.
  • The Dominican passport is insurance for you and your family against unexpected personal, political or economic strife.
  • Visa-free and visa-on-arrival travel to over 140 countries including the United Kingdom & Schengen states
  • No interview, education or management experience required.
  • No taxes on capital gains, gift, wealth and inheritance; no taxes for non-residents.
  • You can include your children up to the age of 30.
  • There is no need to renounce your current citizenship(s).

Book A Free Consultation

As a British Authorised Agent with decades of experience and over 1.100 families approved, Savory and Partners specializes in assisting high-net-worth investors from the Middle East and beyond to secure second citizenship and passport for themselves and their families.

 

Apply Today

At Savory & Partners, we can help you secure Dominica citizenship and passport, just book a free online consultation with our team of expert consultants to check your eligibility and proceed with your citizenship application.

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We are available on every channel convenient for you.

Source: Dominica CBI Unit

 

Jeremy Savory

About Jeremy Savory

Jeremy Savory, the founder and CEO of Savory and Partners, runs one of the world’s leading HNW citizenship by investment firms. The second passport company has coverage in over 20 jurisdictions including Europe.

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