DOMINICA
Investor Program
Advantages
• Citizenship and a second passport for life for the applicant and dependent family members • Travel visa-free to more than 115 countries
• Visa Free access to Schengen Area countries granted in May 2015
• Enjoy tax free status
• No requirement to reside in Dominica
• No management or educational requirements
• No country restrictions (Open to all applicants)
Requirements
• Applicants can make a non-refundable donation to the government fund or invest
in a government approved real-estate project
• Be over 18 years old
• Have no criminal record
• Provide all the documents are required in English
• Provide a letter of application for economic citizenship addressed to the Minister
responsible for Citizenship
• Have basic knowledge of the English language
• Make a deposit in a bank account at the National Commercial Bank of Dominica
• Must use a government authorised agent
Investment Options
1. The Government Fund option (non-refundable) Minimum to be invested:
• USD 100,000 for a single applicant
• USD 175,000 for applicant accompanied by a spouse
• USD 175,000 for applicant accompanied by up to two children under 18 years old
• USD 200,000 for applicant accompanied by a spouse and two children under 18
years old
• Add USD 50,000 for each additional dependent of the main applicant other than
a spouse 2. The Real Estate option (saleable after 3 years) Purchase authorised
real estate with a minimum value of USD 200,000, which must be held for at least
three years. In addition to the cost of the real-estate the following additional
government fees apply:
• Main applicant: USD 50,000
• Spouse: USD 25,000
• Dependent under 18: USD 20,000
• Dependant aged 18-25: USD 50,000
Process (3-4 months)
• Prepare all the documents required and submit them via an authorised agent, and
pay due diligence fees
• After approval, every applicant must sign an oath of allegiance in front of a Notary
Public, Justice of Peace or Commissioner of Oaths
• Obtain the passport after the citizenship confirmation
C A N A D A
startup visa program
& skilled workers visa
What is the minimum investment that I need to apply
through the Start-up Visa Program?
If the investment comes from a designated Canadian venture capital fund, you must secure a minimum investment of $200,000.
If the investment comes from a designated Canadian angel investor group, you must secure a minimum investment of $75,000.
You don’t need to secure a financial investment from a business incubator. You must be accepted into a Canadian business incubator program.
Advantages
• 5 years’ pilot program commence on April 1st 2013
• Economic prosperity and growing job market
• Safe living environment, highest standard of living
• Multicultural society that promotes freedom of expression, equal rights and respect for diversity
• High quality subsidized education
• Advanced health and welfare systems
• Opportunity to sponsor your family relatives who want to immigrate to Canada
• Immediate permanent residence for successful applicants
• Right to apply for Canadian citizenship after 3 years of permanent residence
Requirements
• An intention to settle in Canada with the goal of establishing a business there • Have acquired training and occupational skills
• The applicant and family members must be in good health and have no criminal record
• The applicant must demonstrate that they are innovative immigrant investors who will create jobs and spur economic growth
• Must meet strict eligibility requirements in terms of 3rd party commitment to the venture, Language skills, education and funds
• Applicant and dependents must pass a medical examination
Eligibility
To be eligible to receive a startup visa for a business venture the applicant must meet some key requirements
• Obtain a commitment from designated entities:
• Business incubator confirming that the applicant’s business is currently participating in or has been accepted into its business incubator program, or
• Angel investor group confirming that it is investing at least CAD 75,000 in the applicant’s business; or
• Venture Capital Fund confirming that it is investing at least CAD 200,000 in the applicant’s business
• The applicant must hold at least 10% of the shares in the business and no other person or entity may hold more than 50% of the shares
• The applicant must meet a minimum of level 5 in the Canadian Language Benchmark Test in English or French, in speaking, reading, listening, and writing
• The applicant must have successfully completed at least 1 year of post-secondary education
• The applicant must show that he/she has enough funds to support himself/herself and any dependents after they arrive in Canada
Skilled Workers Visa
Skilled Workers
Skilled Workers (Express Entry) - Candidates A:
-
Age: Under 35 years old
-
Education: Bachelor degree, but preferably a second post secondary education as well, like Masters
-
Experience: At least 3 years of skilled work experience (the work experience does not have to relate to the education)
-
English: IELTS General level: R, S, W: 7 and L: 8
-
Processing time: Less than 1 year
-
Skilled Workers (Express Entry) - Candidates B (only for those from countries that are members of WTO):
Must be an employee or owner of a business and that business is willing to open a branch/affiliate/subsidiary in Canada
-
Age: Any
-
Education: Bachelor degree or more
-
Experience: At least 3 years of skilled work experience (the work experience does not have to relate to the education)
-
English: IELTS General level: R, S, W, L: 6
-
* Set-up a business and get a work permit. a single person applicant or with dependents
-
Processing time: Less than 2 years
*Set-up a business includes 1) Name registration, 2) Incorporation, 3) Business plan, 4) Office address for 12 months
SKYDOG to Global Mobility !
Combining The Highest Global Standards
With Local Expertise...
citinavi global & partners
South Asia region : ++91 7718403560 / +48 693756874
Japan desk : +44 7466 782323 / China desk : +33 634 10 54 47
/ Vietnam desk : +84 121 4335357 / India : +91 93223 99000