Dominica’s Citizenship by Investment Programme Amends Family Age Limits.
As part of the Commonwealth, Dominica is just one of a number of Caribbean islands offering a low cost Citizenship by Investment scheme. Dominica has just recently amended its programme to include some additional benefits. One of the main improvements is that the age limit for children has been increased from 25 years old to 28 years old. Secondly, the age limit for elderly dependents has been decreased to 55 years old, resulting in a more flexible scheme for those wishing to include a number of family members under one application.
Dominica offers one of the most cost effective and quickest citizenship by investment programmes in the world. Investors can choose from two main options to obtain a second passport, a non refundable donation to the government at $100,000 per single applicant + fees, or an investment in real estate, starting from $200,000 + fees. The passport can be issued as quickly as 3 – 4 months and will allow investors the ability to visa free travel to over 100 countries worldwide including the UK and the Schengen zone.
The government fees associated with a real estate investment are now as follows:
- Children above the age of 18 but younger than 28 – $25,000.
- Elderly dependents – $25,000.
Investors considering the Caribbean, can also look at the Citizenship by Investment schemes in St Kitts, Grenada, Antigua and Barbuda and St Lucia.
La Vida can assist with both the donation and real estate options for this programme. To view one of our most popular investment projects in Dominica, follow this link for Dominica Real Estate
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