Citizenship through property ownership
Please note only government approved real estate projects qualify for citizenship of dominica. It is possible to buy a share in real estate project (hotel, resort) starting from 200,000 dollars
For example, to buy a share of real estate in Cabrits resort Kempinski luxury hotel, total costs will come around $322,500 for 2 (applicant and spouse). Kempinski hotel is due to be completed by 2018 with 160 rooms.
Property Ownership Steps
- Step 1. Sign initial reservation form and pay initial deposit 10% of the real estate price.
- Step 2: Initial application and required documents for citizenship through agent. You also have to pay due diligence fees ($7500). Investor will execute sale of purchase agreement.
- Step 3: After 3-4 months, approval letter is given by Government and within 7 days you are required to pay the balance for real estate and government fees.
- Step 4: The proof of ownership is handed over to Government and within 3-4 weeks you will be issued “citizenship certificate”.
- Step 5: Using “certificate of citizenship” apply for Dominica passport which takes about 1 week.
Government approved developments
The following are Government approved real estate projects currently under construction in Dominica.
- Jungle Bay Villas $200,000 onwards
- Tranquility Beach $200,000 onwards
- Secret Bay Residences $200,000 onwards
- Cabrits Resort Kempinski from USD 220,000
- Bois Cotlette Estate starts from $250,000
- Silver Beach Development $200,000 onwards
Government citizenship fees (real estate)
The Following Government Fees Are Applicable Under Real Estate For The Main Applicant And Any Accompanying Dependents:
- USD 50,000 For The Main Applicant
- USD 25,000 For The Spouse
- USD 20,000 For A Dependent Under The Age Of 18
- USD 50,000 For A Dependent Aged 18-25 Years
Reviews
There are no reviews yet.