{"id":34898,"date":"2021-03-24T11:00:11","date_gmt":"2021-03-24T07:00:11","guid":{"rendered":"https:\/\/www.savoryandpartners.com\/?p=34898"},"modified":"2021-06-08T15:48:03","modified_gmt":"2021-06-08T11:48:03","slug":"how-long-does-it-take-to-get-citizenship-of-the-commonwealth-of-dominica","status":"publish","type":"post","link":"https:\/\/old.savoryandparnters.com\/blog\/how-long-does-it-take-to-get-citizenship-of-the-commonwealth-of-dominica\/","title":{"rendered":"How Long Does It Take to Get Citizenship of the Commonwealth of Dominica?"},"content":{"rendered":"

The Caribbean Citizenship by Investment (CBI) programs are some of the more popular paths to obtaining a second passport. Countries like St. Kitts and Nevis, Grenada, and \u2013 naturally \u2013 the Commonwealth of Dominica are well-known for their straightforward and fast application process.<\/span><\/p>\n

Here, we look at the investment options available to foreign nationals, as well as the timeline of the application process, when opting to acquire a second passport through the <\/span>Commonwealth of Dominica Citizenship by Investment program<\/span><\/a>.<\/span><\/p>\n

In This Article:<\/strong><\/em><\/h3>\n
    \n
  1. About the Commonwealth of Dominica Citizenship by Investment Program<\/a><\/span><\/li>\n
  2. Process and Timeframe<\/a><\/span><\/li>\n
  3. Benefits of Commonwealth of Dominica Citizenship<\/a><\/span><\/li>\n
  4. Book A Free Consultation<\/a><\/span><\/li>\n<\/ol>\n

    About the Program<\/b><\/em><\/h3>\n

    In 1993, the government of the Commonwealth of Dominica introduced a citizenship by investment program that invites foreign nationals from all around the world to <\/span>obtain second citizenship through investing<\/span><\/a> in the country. As with many other countries, the Commonwealth of Dominica launched this program as a means to generate more foreign investment into the island nation and further the development of its economy and infrastructure.<\/span><\/p>\n

    Related Article: Why Entrepreneurs Are Investing in a Portugal Golden Visa\u00a0<\/span><\/a><\/em><\/p>\n

    \"Dominica

    There are no physical residency requirements, you are entitled to apply instantly from your home.<\/p><\/div>\n

    Process and Timeframe\u00a0<\/b><\/em><\/h3>\n

    As mentioned above, the Commonwealth of Dominica requires foreign nationals to invest in the country in exchange for citizenship. Applicants must choose one of 2 options as their qualifying investment:<\/span><\/p>\n

      \n
    1. Donation: <\/b>Investors can opt to make a minimum, non-refundable contribution of $100,000 to the Commonwealth of Dominica\u2019s Economic Diversification Fund.<\/span><\/li>\n
    2. Real Estate:<\/b> The second option consists of investors making a minimum investment of $200,000 in government-approved real estate projects, to be held for 3 years.<\/span><\/li>\n<\/ol>\n

      The entire application process <\/span>consists of a few simple steps<\/span><\/a> and can be processed and completed anywhere from as little as 3 months up to 6 months at the most. A breakdown of the timeframe is as follows:<\/span><\/p>\n