Benefits of Dominican Citizenship

Dominican second passports are highly sought after as the country is beautiful and it grants you over visa-free travel to over 140 countries. Furthermore, it isn’t hard to obtain a Dominican citizenship through investment.

Cheapest CIP

Citizenship-by-investment programmes have been on the rise as second passports become more and more popular. The Carribean-based program, which was established in 1993, only costs $100,000 USD and is the cheapest citizenship by investment in the world. While it is said that the cost will increase in August 2017, no changes have been made to the price and it will stay stagnant at least for another year or so.

No Requirements

One of the best things of getting a Dominican citizenship is that there are virtually no requirements. You do not have to renounce your existing citizenship, you don’t have to physically reside in the country for any period of time, you don’t need to know any specific language, be of a specific age, have any kind of socio economic background and there is no mandatory interview.

Economically and Politically Secure

You don’t need to pay taxes unless you reside in the country and only if your income is generated in the country itself. Therefore, if you continue to receive income from your job abroad while you are in Dominica, you are not required to pay Dominican income tax. Furthermore, Dominica is slowly gaining traction economically thanks to this CIP scheme.

Lowest Crime Rate in Region

According to reports, Dominica does not have high crime rates, especially when compared to other countries in the region. It is actually considered one of the safest countries in the region. There is an increased risk of robbery and theft in the holiday months and February, when the carnival is being held. However, if the victim cooperates, crime is generally non-violent. There are certain scams targeted at tourists, so Americans need to be wary of the “Grandparent” scheme where they convince elderly tourists that a young relative of theirs has been arrested and they need to wire money to an account for his or her release. Scams and crime are everywhere, but the Dominican government is trying their best to curb crime rates.

Beautiful Tropical Country

A popular choice with the Chinese, Dominica is a tropical paradise that offers summer all year round. In terms of climate, it is humid and warm, however, it is vulnerable to hurricanes. Paired with pristine beaches and tropical rainforests, Dominica is a country with large potential for tourism. However this growth has been impeded by its poor infrastructure and lack of easy access into the country. There are pros and cons to this: on the bright side, the country will not suffer the same commercialization as many touristy countries fall prey to, staying authentic and keeping its rich culture intact. On the other hand, convenience is out of the question and you will need to put in more effort into communication (however, a large portion of the population speaks English), transportation and other considerations.

When you become a Dominican through investment, you will receive the full rights of citizenship meaning that you can never be deported, your children will inherit your citizen status.