A Detailed Guide To Securing Dominican Citizenship By Investment
Dominican citizenship is a legal right granted to those who have lived in the country for at least six months. Becoming a citizen requires a marriage certificate or authenticated and translated birth certificate and a resident’s card renewed every two years. However, there are several things to consider when looking for Dominican citizenship by investment program. Let’s explore these considerations.
Documents required to apply for Dominican citizenship by investment:
When applying for Dominican citizenship by investment, it is important to have all the necessary documents. The applicant must be at least 18, free of criminal records, and in good health. Additionally, they must submit a medical examination and full disclosure form, notarized by a notary public. An investment agreement is also required. This document commits the applicant to pay the amount requested within 30 days. If the applicant is under 18, a parent or legal guardian must sign the application on behalf of the applicant. The application must also be signed by a personal reference, who must know the applicant for at least five years, and is not a member of the applicant’s family.
Cost:
Dominica has a Citizenship by Investment program that allows individuals to invest in real estate to obtain citizenship. This Caribbean island nation is a parliamentary democracy and a member of the Commonwealth. Investing in Dominica is one of the most popular ways to get citizenship. The country requires a minimum investment of $100,000 to qualify. Applicants must submit proof of payment for relevant fees and notarized copies of college/university diplomas.
Legality:
If you’re interested in obtaining Dominican citizenship by investment, there are a few things that you need to know first. To become a Dominican citizen by investment, you need to make a significant economic contribution to a government fund and purchase real estate in the country. While you’re not required to pay in full until you’re approved in principle, you must commit to the investment before you apply.
First, you can apply as a single applicant by donating to the Economic Diversification Fund (EDF). This method requires you to donate about $175,000 for single applicants. However, if you want to join a family, you can donate as much as $225,000 to become a Dominican citizen. To obtain Dominican citizenship with your spouse, you’ll need to make a larger donation to the EDF. You can also pay higher government and EDF fees if you buy real estate.
