What is the minimum investment?

USD 200,000 to the Economic Diversification Fund for a single applicant, plus due diligence and processing fees. Approved real estate routes start at USD 200,000.

How long does approval take?

Usually three to six months, including mandatory interview.

Is Dominica's programme respected by banks?

Yes, generally. Its long track record and rigorous due diligence make it one of the better-received Caribbean passports for account opening, though a passport alone never substitutes for source-of-wealth evidence.

Jurisdiction · Caribbean

Dominica

Consistently the lowest-cost citizenship programme, with strong due diligence.

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Overview

Dominica has run its citizenship programme since 1993 and has repeatedly ranked at the top of independent CBI indices for value and process integrity. A USD 200,000 contribution to the Economic Diversification Fund secures citizenship, with no residency requirement.

The passport gives visa-free access to around 140 destinations including Schengen, the UK, Singapore and Hong Kong. Due diligence is genuinely rigorous, which is what protects the value of the passport over time.

Typical use-cases

Where Dominica fits

Citizenship by investment
Mobility
Cost-sensitive families

Banking

Banking landscape

National Bank of Dominica and Republic Bank serve the domestic market. International clients bank elsewhere. Applications are processed through authorised agents only; direct applications are not accepted.

Tax

Tax & reporting

No wealth tax, gift tax, inheritance tax or capital gains tax. Residents are taxed on local-source income at progressive rates. Citizenship does not create tax residency, and non-resident citizens have no Dominican filing obligation on foreign income.

Substance

Substance & register visibility

The CBI Unit conducts multi-agency background checks and mandatory interviews. Applicants from a small number of restricted nationalities are ineligible. There is no public register of citizens by investment, but the programme cooperates with international information exchange.

Decision

When to pick this jurisdiction

Pick Dominica when the objective is the most economical credible second passport for an individual or small family, with no presence requirement.

The director's view

Written up as a comparative shortlist.

Every Dominica recommendation is delivered as a comparative memorandum — substance defensibility, banking access, treaty coverage, register visibility, cost to maintain and reputational risk — so the client can see the trade-offs before committing.

Next step

Considering Dominica? Get a written comparison first.

Answer six questions and a director will come back with a shortlist, indicative costs and banking route.

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Frequently asked

Questions we hear on every Dominica intake.

What is the minimum investment?: USD 200,000 to the Economic Diversification Fund for a single applicant, plus due diligence and processing fees. Approved real estate routes start at USD 200,000.
How long does approval take?: Usually three to six months, including mandatory interview.
Is Dominica's programme respected by banks?: Yes, generally. Its long track record and rigorous due diligence make it one of the better-received Caribbean passports for account opening, though a passport alone never substitutes for source-of-wealth evidence.

Relevant services