Dominica Citizenship by Investment Unit has reported a total number of 2,100 successful passport applicants under its Citizenship by Investment Program (CIP) from July 1st, 2018 to June 30th, 2019. It surpasses countries such as Saint Kitts and Nevis and Vanuatu, and becomes the migration destination that offering the largest number of approvals in the Caribbean region.
Dominica Citizenship by Investment Program becomes extremely popular among worldwide investors mainly because of its convenient online application system, short processing time and more importantly, the friendly background review. People interested in this CIP program can submit their application online and obtain a Dominica passport in less than 6 months. The large number of approvals, also reflect the relatively friendly due diligence process and immigration rules.
Acquiring Dominica citizenship also offers a high return on investment. Citizens can enjoy a low-income tax rate environment and a well-concealed identity. In addition, immigration applicants may apply for Dominica passport with their spouse, children, parents, and grandparents. After obtaining Dominica passport, the holders will be granted the privilege of visa-free entry to more than 120 countries and regions, including South Korea, Singapore, Hong Kong SAR, the UK, and European Union countries.
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