Dominica Citizenship by Investment

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Information of Applicant

Dependents Information
 
 

Program

National Development Fund (NDF)
  • Information of Applicants
  • Amit Kumar

  • India

  • India

  • Family Application

  • 7

  • 2,12,16,22,56

  • Program Info
  • Antigua and Barbuda

  • NATIONAL DEVELOPMENT FUND (NDF)

  • 4-6 months

  • Afghan, Iran, Iraq, North Korea, Yemen, Somalia, Sudan

Investment Details

S.No Name& Description of Investment Qty Rate Amount USD Amount USD
1 Contribution - EDF
Main Applicant and up to 3 Qualifying Dependents 0 0 0
Main Applicant with 4 Dependents and More 1 125000 125000
Total 125000
2 Government Processing Fee
Main Applicant 0 0 0
Main Applicant and up to 3 Qualifying Dependents 1 30000 30000
Additional Qualifying Dependent on: for each 3 15000 45000
Eligible Sibling (of any age) 5 50000 250000
Total 325000
3 Due Diligence Fee
Main Applicant 1 7500 7500
Spouse 1 7500 7500
Dependent Aged 12 to 17 2 2000 4000
Dependent Aged 18 and Above 2 4000 8000
Total 27000
Passport Fee 7 300 2100
Advisory Fee 1 30000 30000
Total Investment 509100

About the Dominica Citizenship by Investment Program

Saint Kitts and Nevis

Dominica, often referred to as "The Nature Isle of the Caribbean," is a jewel in the region. With lush rainforests, pristine rivers, and a vibrant culture, it offers an unmatched natural experience.

With lush rainforests, pristine rivers, and a vibrant culture, it offers an unmatched natural experience.

Legal Basis

Because of the Antigua and Barbuda Citizenship Program's quick processing times and comparatively inexpensive cost, the nation has become one of the most sought-after options for getting dual citizenship worldwide. The program's goals were to lower public debt and promote economic growth when it was launched in 2013. The Citizenship by Investment Regulations, 2014 include information about the program under Section 6.

Visit the official Antigua and Barbuda citizenship by investment government website for further information in-depth.

General Requirements to Qualify for the Antigua Citizenship Program

According to the Antigua Citizenship by Investment Act, an investor must meet specific requirements in addition to making a sizable investment within the nation in order for their application for dual citizenship to be granted.

  • The investor must be at least 18 years of age.
  • Should have no criminal records.
  • Must confirm his/her investment source from a legitimate source.
  • Should be of good health.
  • Should clear due diligence checks and gain approval.

Dependents who are eligible to receive citizenship along with the principal applicant include:

  • Spouse.
  • Children under the age of 30.
  • Parents 55 Years of age and above.

Citizenship Timeline

Every application for the citizenship program in Antigua must be submitted through a government-approved agent, like PassPro, according to the Citizen by Investment Unit (CIU), the program's regulatory body. A detailed chronology of the application procedure is provided below: *Both the investor and co-applicants must be willing to submit to a biometric due diligence examination.

Month 01
  • Prequalification checks of the applicant.
  • Preparation of all the necessary documents.
  • Payment of due diligence fees, 10% non-refundable government fees, advisory fees, and reservation of property investment fees, if applicable
Month 02-03
  • Submission of the citizenship application to the CIU.
  • The government vets the application and conducts a thorough due diligence background check on the candidate.
  • Citizenship application is approved.
Month 04-05
  • The real estate investment or government donation is made along with the remaining 90% of the government fees.
  • Antigua and Barbuda citizenship certificate is issued to the applicant.
Month 06
  • Remaining payment, if any, is to be made by the investor once the citizenship is confirmed.

Antigua Citizenship by Investment Criterion

  • Contribution to National Development Fund*
  • $162 800

  • $186 200

  • Real Estate Investment*
  • $282 800

  • $306 200

As mentioned, applicants can pursue three different investment routes to acquire Antigua and Barbuda nationality.

NDF

The National Development Fund was created to aid national philanthropic organizations, promote innovative business practices among entrepreneurs, and support revenue-generating public sector activities. For a family of up to four, eligible applicants for Antigua and Barbuda citizenship must make a one-time donation of USD 100,000. They also have to pay USD 30,000 in additional government processing expenses. The quantity and age of their dependents may affect the price. Additional fees for administration are relevant.

Real Estate

Investing in real estate is a highly favored path towards acquiring dual citizenship within the nation. The applicant will not only own property in the area, but after five years, they will be able to sell it as well. To be eligible for this program, one must spend USD 400,000 or more in a real estate development that has received government approval. Co-applicants are also accepted, as long as they each contribute USD 200,000.

Business Investment

The CIU offers two different business investment options to acquire Antigua nationality:

  • A single applicant needs to invest at least USD 1,500,000 in a pre-approved business within the country.
  • Or, at least two applicants can propose to make a joint investment in a government-approved business with a total investment of USD 5,000,000. Each additional investor will need to contribute atleast USD 400,000 to the venture.

* A Due diligence fee of USD 7,500 is applicable for the principal applicant and their spouse, USD 2,000 for any dependent child between 12-17 years of age and USD 4,000 for any dependent child/parent between 18-30 and 55+ years of age. Kindly contact PassPro for further information on the program or to receive a personalized quote based on the age and number of dependents included in your application.

Benefits of Antigua and Barbuda Citizenship

The Citizenship by Investment (CBI) program in Antigua is among the most prosperous when compared to other Caribbean schemes. Here are a few more compelling arguments for choosing Antigua's Citizenship by Investment Program.

  • A quick and hassle-free application process.
  • Enhanced Global Mobility across a total of 139 countries.
  • Dual citizenship is permitted - The applicant is not required to renounce his/her current nationality to acquire Antigua and Barbuda nationality.
  • Over the first five years, citizens are only required to reside in the country for just five days.
  • The local currency, Eastern Caribbean Dollar, is pegged to the US Dollar, thereby giving you and your business, financial benefits and security.
  • Tax relief - The country does not levy any taxes on global income.
  • The program’s restricted countries list guarantees a high level of integrity and international respect; making it an exclusive citizenship program for eligible investors.
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