Dominica citizenship: Explore investment opportunities since 1993

The Commonwealth of Dominica, known as the ‘Nature Isle,’ is not a typical Caribbean island. Its mountainous terrain, unique black sand beaches, and 365 rivers make it the ideal destination to rejuvenate, relax, and refocus.

In 2024, Dominica emerged as a popular destination, particularly for cruise tourism, and was recognised by travel publications like The New York Times and National Geographic. The island welcomed a record number of visitors, including both cruise passengers and air travellers. Dominica saw an increase in cruise visits and passenger numbers compared to previous years, with a significant boost from inaugural visits by reputable cruise lines. United Airlines operates daily flights from Miami, with seasonal flights available from New York. A new international airport is currently under construction and is expected to be completed by 2026. A superyacht marina is also being built in the north of the island.

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Since 1993, Dominica has welcomed foreign investors to become citizens of the island with full rights by making an economic contribution to a government fund and since 2015, through investment in government-approved real estate options. Known as the Citizenship by Investment Programme (CIP), successful applicants unlock a wealth of benefits, including increased travel freedom and the ability to pass citizenship on to future generations.

The entry level for the CBI Programme is US$200,000 for the Government Fund and US$200,000 for the Real Estate option. Both are cost-effective solutions, and Dominica’s CBI option has transformed the lives of many people around the globe. Recently, enhancements were made to the programme, including the introduction of mandatory interviews and a redefinition of the qualification criteria for dependents, granting the possibility of adding new dependents even after naturalisation.

Post-citizenship support services are available to all newly adopted citizens, including tax and social security registrations. Sophisticated investors who do not choose the jurisdiction solely for the international mobility its citizenship offers may also benefit from advantageous tax and estate planning solutions.

Vardikos & Vardikos has been an Authorised Agent in Dominica since 2005. With offices in Greece and Dominica, and a network of 44 promoters in the UAE, the firm ensures that the remote filing process is swift and smooth — completed within just four months.

For more information, visit: www.vardikos.com.