19/06/2021
DOMINICA, THE LOWEST COST CITIZENSHIP
The Commonwealth of Dominica is another top Caribbean CIP option.
Dominica, a former British territory, is located midway along the island chain and is a member of the Commonwealth of Nations. The French were the first Europeans to settle here, and their influence is still strong, giving the community a distinctly French flavor. Dominica is known for its unspoiled nature, protected parks, and large thermal lake. Agriculture is the main source of revenue, primarily fruits, flowers, and coffee.
Dominica offers two CIPs. The minimum investment required to qualify for the real estate investment program is $200,000. The property must be held for at least three years, which is the shortest hold period of any Caribbean program. Hold for at least five years, and you can resell your property to another CIP investor.
Government fees for the real estate program are $25,000 for the primary applicant, $35,000 for a couple, $35,000 for a family of four, $50,000 for a family of six, and $70,000 for a family of seven or more.
For the donation option, you make a nonrefundable, cash contribution to the government’s Economic Diversification Fund. The minimum requirement is $100,000 for an individual, $150,000 for a couple, and $175,000 for a family of four.
