The only way to apply for Dominica Citizenship by Investment: The role of Authorised Agents
According to Dominica’s passport, applying for Dominican Citizenship by Investment is a straightforward process, however, aspiring individuals seeking to obtain citizenship through the Dominica Citizenship by Investment Unit (CBIU) are advised that the only legal method of application is through designated Authorised Agents.
The CBIU emphasises the importance of engaging with these accredited professionals to ensure a streamlined and compliant application process.
How to apply for Dominica Citizenship by Investment
The only way to apply for Dominica Citizenship by Investment is via an Authorised Agent on the official CBIU website.
Only designated Authorised Agents are permitted to manage applications for Citizenship by Investment, as direct submissions will not be accepted by the Dominica Citizenship by Investment Unit (CBIU).
What is an Authorised Agent?
Authorised Agents are licensed entities that have been vetted and approved by the Dominica CBIU to assist applicants in navigating the complexities of the Citizenship by Investment Programme.
These agents possess the expertise, knowledge, and experience required to guide individuals through each step of the application process, from initial inquiries to final approval.
By collaborating with Authorised Agents, applicants can benefit from a range of services, including personalised guidance on the eligibility criteria, documentation requirements, and investment options available under the Dominica CBIU.
These agents serve as trusted advisors, offering invaluable insights and support to facilitate a successful application journey.
How to identify an Authorised Agent?
It is essential for prospective applicants to exercise caution and diligence when selecting an Authorised Agent to represent them in their Citizenship by Investment endeavour.
By choosing a reputable and accredited agent, applicants can rest assured that their interests are safeguarded and that their application is handled with professionalism and integrity.
The only agents that are legally permitted to promote and assist with the obtaining of Dominica’s Citizenship by Investment Programme are listed as Authorised Agents on the official Dominica CBIU website.
The Dominica Citizenship by Investment Unit underscores that applications submitted through unauthorised channels or individuals will not be considered valid.
What does an Authorised Agent do?
One of the primary responsibilities of an Authorised Agent is to educate potential applicants on the eligibility criteria, investment options, and documentation needed to complete a successful citizenship application.
By leveraging their in-depth knowledge of the Programme, Authorised Agents can offer tailored guidance to individuals seeking to become citizens of Dominica through investment.
Your Authorised Agents will act as a trusted advisor, offering personalised support and assistance at every stage of the application process.
They will assist you with the initial consultation as well as during the submission of documentation. An Authorised Agent will conduct follow-up procedures and assist applicants while they navigate the requirements of the CBIU effectively and efficiently.
Authorised Agents are responsible for liaising with the CBIU on behalf of their clients, facilitating communication, and addressing any queries or concerns that may arise during the application process. Their role involves advocating for the best interests of the applicants and ensuring that all necessary steps are taken to secure citizenship through investment in Dominica.
Things an Authorised Agent will never do
An Authorised Agent in Dominica plays a crucial role in guiding individuals through the application process. While these professionals provide invaluable assistance and support to applicants, there are certain actions that an authorised CBI Dominica agent will never engage in:
Misrepresentation: An Authorised Agent will never provide false or misleading information to applicants regarding the Dominica CBI Programme, eligibility criteria, investment options, or any other aspect of the application process.
Unauthorised Fees: An Authorised Agent will never charge unauthorised fees or hidden costs beyond what is stipulated by the Dominica Citizenship by Investment Unit (CBIU) for their services. Transparency in fee structures is essential. Agents may charge a discretionary legal processing fee which is determined by the agent.
Guaranteeing Approval: While Authorised Agents provide guidance and support throughout the application process, they will never guarantee the approval of an application.
The decision ultimately rests with the government and is based on compliance with Programme regulations and Due Diligence checks.
Violating Regulations: Authorised Agents adhere to the strict regulations and guidelines set forth by the Dominica CBI Programme and will never knowingly violate these rules while assisting applicants.
Non-Disclosure of Information: Authorised Agents are committed to transparency and will never withhold essential information from applicants regarding their application status, requirements, or any other pertinent details related to the process.
Unethical Practices: Ethical conduct is paramount for an Authorised Agent. They will never engage in unethical practices such as bribery, fraud, or any other activities that could compromise the integrity of the CBI Programme. This includes undercutting prices or offering ‘discounts’.
How much does it cost to apply for citizenship in Dominica?
Prospective participants in the Dominica Citizenship by Investment (CBI) Programme have the choice of making their financial contribution through two distinct avenues with the minimum investment being US$200,000.
Economic Diversification Fund
Supporting both public and private projects in Dominica across various sectors like education, healthcare, sports, and tourism, the Economic Diversification Fund (EDF) serves as a pathway for applicants.
An individual applicant is required to contribute USD $200,000 to the EDF. However, additional fees are applicable if the applicant intends to include more dependants in their application for residency in Dominica.
Another viable investment route for Dominica CBI applicants is through real estate.
The property in question must be retained for a minimum of three years and receive authorisation from the Government of the Commonwealth of Dominica, with a list of approved real estate projects available for reference. The property’s value should not be less than USD $200,000, with government fees starting at USD $75,000 per applicant.
For a breakdown of the applicable fees,
Investment Options
Dominica CBI Investment Options
Individuals applying for the Dominica Citizenship by Investment (CBI) program can make their financial contribution one of two ways:
Economic Diversification Fund
- The Economic Diversification Fund (EDF) supports public and private projects within Dominica, covering industries such as education, healthcare, sport, and tourism. A single applicant must contribute USD $200,000 to the EDF, though fees will increase if they wish to apply for additional dependents to join them in Dominica.
Real Estate
- Real estate is another investment option for Dominica CBI applicants. The property must be held for at least three years and be authorised by the Government of the Commonwealth of Dominica, with all approved real estate projects listed here. This must be valued at a minimum of USD $200,000. Government fees starting from USD $75,000 per applicant also apply.
What do these Dominican investment options achieve?
Dominica is creating a modern, diverse, and sustainable economy to meet the demands of a highly competitive global environment. The Government invites investments that will generate consistent economic growth and prosperity while creating jobs and business opportunities for its citizens. The institution is committed to providing the legislative and administrative framework with the fiscal and technical support necessary to encourage investments and attain these goals. More information about the investment opportunities available in Dominica can be found at the links below.
How long does the Dominica citizenship process take?
The process of acquiring citizenship through investment in Dominica typically follows a structured timeline, allowing applicants to navigate each step efficiently and effectively.
Applicants typically await an approval in principle for about three months from submitting their application, a timeframe that may fluctuate depending on individual situations and the application’s complexity.
Dominica Citizenship by Investment application steps
These are the application steps when applying for Dominica Citizenship by Investment:
- Choose an Authorised Agent
- Contact your Authorised Agent
- Processing of application
- Background checks
- Payment of investment and issuing of certificates of naturalisation
Remember, the only way to apply for Dominica Citizenship by Investment is via an Authorised Agent from the official list.
