Have you ever been to Dominica? This place is said to be the most beautiful island which comes under the Caribbean. This place is so hyped that people are crazy about getting citizenship from this place and there are so many benefits of getting citizenship from islands and higher net worth has to be one of them. The fortunate news is that now it is possible to get the citizenship of Dominica just by investing in real estate which is a great thing for sure. You would be amazed to know that this project is the first real estate project of this place that has been approved by the government.
Here if you would invest some around $220,000 or more, you would be able to enjoy some benefits which are great. If you are wondering about How to get Dominica citizenship by investing in real estate then, there is everything mentioned about the program and process:
Benefits of getting Dominica citizenship:
Before anything else you would wonder that why to get the citizenship of this island and what are the benefits of getting the citizenship as well then here are the most common Dominica citizenship benefits that you can enjoy once you would get selected for the opportunity of being a part of the island:
The very first benefit of getting the citizenship of this country is that you would be able to live in a peaceful country where there is hardly any political conflict and also at the same time it is very easy to hold the opportunity so you would not even have to do a lot unlike the process of other country’s citizenship and also it offers with the most trusted citizenship plan which is a great thing for sure.
Visa-free:
How irritating it is to get visa hustle for visiting foreign countries? But if you would hold the citizenship of this small island then your visa game would be paused as this country offers with a visa-free visit to about 90 different countries which is great news for all the travelers as well as holiday freaks. The list of countries includes some of the over-hyped places as well such as the UK, Singapore, European countries as well as Hong Kong which is a great thing for sure. In this way, you would be able to fly around the world without much hustle.
Minimal taxation:
It annoys everyone that how much we pay tax for different stuff but if you would be able to gather the citizenship of this island then the problem of taxation would get reduced, however it would not completely end as government runs through taxes only but you would get t notice a much-needed decrease in the amount of taxes and the best thing is that you would not even have to pay tax for everything. No matter how wealthy or rich you are but you would have to pay a certain amount of income tax that’s it and gift, a wealth tax would not be applicable here in this island.
Full residence status:
It is a big thing for anyone who actually belongs to another country but if you got the citizenship of this small yet beautiful island then you would be able to enjoy the full residential facilities which are a great thing for sure. So here you would be able to stay here forever and also you would be able to get properties or you can even buy an apartment at this place and at the same time you would also be able to do your job for the lifetime at this place which is a great thing for sure and in this way you would be able to settle down at Dominica completely.
Dual citizenship:
Now most of the countries doesn’t allow this particular thing but Dominica law is kind enough to let the citizen hold a dual citizenship so in this way you can actually keep the citizenship of your own country and in a parallel way you would be able to keep the citizenship of Dominica as well and this would not trouble you at all and in this way you would be able to switch places easily whenever you would feel like a place is not that suitable for you. This would also let you enjoy the benefits as well as the facilities of two different countries.
You don’t have to stay here for getting approved as a citizen of this country:
If you want to get the citizenship of this country for the business purpose or for investing but don’t want to be in this country leaving your own country then also it is possible as you don’t have to be here for being the citizen of this country which is a great thing for sure and also as the process is quite confidential so no one would even be able to know about all these things if you would not bother to tell anyone which seems to be a great thing for sure.
Now the main question here is to How to get Dominica citizenship and you would be amazed to know that just by investing in real estate you would be able to get the opportunity of being a citizen of this country though here are some steps that need to be followed and if you are wondering about the steps then here is every detail listed below:
Step 1:
At first, you would have to deposit $ 22,000 just to show that you are very much interested in this opportunity and even if you feel like not able to invest this much in one go then you can even go with the loan process which is very helpful for most of the interested people. Later on, you would have to invest about $ 350,000 which again you can get through loan and that needs to be returned in next 5 to 10 years.
Step 2:
Here you would have to pay all the dues and then an application service provider would go through your application so make sure to fill in all the forms correctly and here your family would be verified and if this step would be done correctly then half of your task is already done.
Step 3:
Now you would have to sign your sale as well as the purchase agreement so that the officials could consider your application for the citizenship.
Step 4:
Now the application takes about 120 days to get processed and by that time you would be served with 7 days to pay for the remaining $198.,000 which is the 90 percent of the total investment.
Step 5:
This is the last step where you would have to share your proof of ownership and then you would just have to wait for about 3 or 4 weeks for getting the passport which is an amazing thing for sure.
This is How to get Dominica citizenship by investing in real estate and you can follow the same for quick and smooth processing.
