The Dominica Citizenship by Investment Program (CIP) offers individuals the opportunity to acquire citizenship through investment in the country. Here are the key steps involved in the Dominica CIP process:
Choose an Investment Option: Decide on one of the approved investment options under the Dominica CIP:
• Contribution to the Economic Diversification Fund (EDF): Make a non-refundable contribution to the government’s EDF, which supports various development projects in Dominica.
• Real Estate Investment: Invest in approved real estate projects such as hotels, resorts, or villas that meet the program’s criteria.
Due Diligence and Application Preparation: Work with your authorized agent to prepare and submit your citizenship application to the CBIU. Provide all required documents, including application forms, investment proof, due diligence documents, and personal information.
Due Diligence Process: The CBIU conducts thorough due diligence checks on the main applicant and any accompanying family members. This process ensures that applicants meet the integrity and eligibility requirements of the program.
Investment and Fees Payment: Fulfill the investment requirement based on your chosen option (EDF contribution or real estate investment). Additionally, pay the required government and processing fees as specified by the CBIU.
Application Review and Approval: The CBIU reviews your application, including due diligence results and investment verification. Upon successful review, the government issues a letter of approval for citizenship.
Citizenship Certificate and Passport Issuance: After approval, you and eligible family members are granted Dominican citizenship. You will receive a citizenship certificate and can apply for Dominican passports.
Ongoing Compliance: Maintain compliance with the program’s regulations, including any residency or visitation requirements. Continue to work with your authorized agent for any additional services or updates.