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
G R E N A D A
Citizenship by Investment Program (CIP)
Grenada is the only Caribbean country that allows citizenship to be passed along to investors’ future spouses and children. There is no residency, language, education, or interview requirement, and both cash and real estate investment options are available.
Grenada - USA E-2 Visa Program
The USA E-2 visa allows entrepreneurs from a treaty country (such as Grenada) to come to the USA to open and operate a business. It does not lead directly to permanent residency, but rather can be extended indefinitely, and may provide applicants with options to obtain a green card while on E-2 status. The E-2 visa allows a spouse and unmarried children (under age 21) to enter the USA with the principal applicant, and to work or attend school.
Foreign investors in CBI programs will have to reside in CBI country for 3 years first
Applicants need to invest either $150,000 as a donation or $220,000 in a government approved real estate project and maintain the property investment in Grenada for at least 5 years.
Advantages
• Fast processing
• Dependent children under 30 years old may be included in the program
• Dependent parents above 55 years old may be included in the program
• Travel visa-free to over 143 countries including the UK, Russia and Schengen Area • No residency requirement
• No interview required
• No tax on worldwide income
• No English language requirement
Requirements
• Be over 18 yearsold
• Have no criminal record
• Complete a medical examination
• Dependent children may be included if they are:
• Under 30 years old, full time student and unmarried;
• Financially dependent on the principal applicant
• Dependent parents may be included if they are:
• Above 55 years old
• Living with the principal applicant
• Financially dependent on the principal applicant
Investment Options
Invest in an approved real estate development or in a government approved infrastructure fund. Real Estate Investment
• Invest at least USD350,000 In Government-approved real estate project
• Property to be held at least 4 years
• Additional fees apply, such as Due Diligence, Application, Processing fees and
other Government fees National Transformation Fund
• USD150,000 (single applicant) towards the direct advancement of Grenada’s
economy and infrastructure
• Additional fees apply, such as Due Diligence, Application, Processing fees and
other Government fees
Process
• Submit the completed application forms and required documents
• Payment of application and due diligence fees
• Completion of Due Diligence process
• The Grenada Citizenship by Investment Committee gives its recommendation to the
relevant minister
• A decision will be advised within 60 days from the date of formal application
submission
• Transfer of the investment amount to Grenada
• Issuance of Grenadian citizenship certificate andpassport(s) within four months from
complete applications
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