Looking for Second Passport to secure your future?
Embedded Files
HAVE YOU HEARD THAT YOU CAN RECEIVE A $50,000 CASHBACK WHEN YOU APPLY THROUGH OUR INVESTMENT OPTION? CONTACT US NOW TO CLAIM YOUR BENEFITS!
Is it legally to obtain a second citizenship and passport by investment?
Is it legally to obtain a second citizenship and passport by investment?
Yes, they are constitutional approved programs and according to the Citizenship by investment Act, an investor is granted Citizenship for life, under the desired investment option of Government Donation or Real estate investment, and Commonwealth of Dominica one of them.
Processing Time
Processing Time
The complete processing time is in approximately 4-6 months, whether through real estate investment or through the Government donation option.
What are the pros in obtaining Dominica citizenship and Passport?
What are the pros in obtaining Dominica citizenship and Passport?
Speed: Where applications is approved within 4 months from the date of submission, It is faster than other citizenship programs.
Cost: Affordable options starting from $100,000 donation that increases depending on the family size and desired program.
Visa-Free travel: Dominica allow visa-free travel to 147 countries and territories, the European Union and UK without a visa in addition to several other important countries such as China, Hongkong, Russia. The list of visa-free travel is constantly increasing every year.
No residency requirement: Dominica Commonwealth has no minimum residency requirement.
Family inclusion: Dominica allows the main applicant to include his spouse, dependent children, and dependent parents and grandparents to the application. Dependent unmarried children up to the age of 30 can be included in Dominica.
Lifetime citizenship
Low Cost citizenship program for Single persons without family in Caribbean
No requirement to live in Dominica before or after citizenship.
No mandatory language tests.
No personal visit to Dominica required.
Passport issued with 10 year validity and renewable.
Citizenship program open to most of nationalities.
click here to see the banned/restricted nationalities
Citizenship for family and children.
No residency requirements.
Residence status to live and work in Dominica.
Taxes: No wealth, gift, inheritance, foreign income or capital gains tax and no personal income tax for residents.
No restriction: on the repatriation of profits and imported capital for business.
Corporate tax incentives, full exemption from import duties.
Is it possible to add a new born child after obtaining Dominica Citizenship and passport and what is the cost?
Is it possible to add a new born child after obtaining Dominica Citizenship and passport and what is the cost?
NOTE: New children of successful Dominica Citizenship Program participants are eligible to also become Dominica citizens, with no additional investment required. There is a USD $2,000 government processing fee to add a newborn as a citizen of the country, however, and the child must be under the age of five.
Is it biomatrics passport?
Is it biomatrics passport?
As of the last update Dominica launched its new biometric e-passports on July 19, 2021.
These passports include electronic chips storing biometric data such as facial features, fingerprints, and sometimes iris scans. upgrading its passport system with enhanced security features. These e-passports contain both overt and covert security elements, including a microchip for identity authentication. Initially, the deadline for replacing the existing machine-readable passports was adjusted from July 30, 2023, to August 30, 2022.
The introduction of biometric passports offers several advantages:
- Enhanced Security: Biometric data provides an extra layer of security for verifying the passport holder's identity, making it more challenging to counterfeit or alter.
- Global Acceptance: Many countries worldwide have adopted or are transitioning to biometric passport requirements, increasing the international recognition and acceptance of biometric passports for travel.
- Streamlined Border Control: Biometric passports facilitate quicker border crossings through automated identity verification at immigration checkpoints.
- Reduced Identity Theft: The unique biometric data associated with each individual helps mitigate the risk of identity theft compared to traditional passport methods.
- Compliance with International Standards: Biometric passports align with global standards set by organizations like the International Civil Aviation Organization (ICAO), ensuring consistency in travel security measures globally.
Dominica's GDP and economic metrics compared to other Caribbean countries highlight its position within the region.
Dominica's GDP and economic metrics compared to other Caribbean countries highlight its position within the region.
Dominica:
- Nominal GDP (2022): $612,048,148 USD
- Real GDP (2022): $518,900,603 USD
- GDP Growth Rate (2022): 5.94%
GDP per capita (USD):
- Dominica: $14,348
Comparison with other Caribbean Countries (GDP per capita in USD):
- Bahamas: $44,950
- Barbados: $18,738
- Jamaica: $12,995
- Trinidad and Tobago: $30,719
- Antigua and Barbuda: $25,449
- Saint Kitts and Nevis: $29,893
- Grenada: $20,195
- Saint Vincent and the Grenadines: $17,840
Dominica's economy is characterized by its reliance on agriculture, tourism, and the Citizenship by Investment Program (CIP). Its GDP per capita reflects its smaller scale compared to some of its wealthier Caribbean neighbors like the Bahamas and Trinidad and Tobago.
For further insights or specific questions about Dominica's economy or its GDP in relation to other Caribbean countries, feel free to contact us and ask!
For more details and a free consultation about your special case.
Contact us now: +971503667836
Google Sites
Report abuse