In a recent announcement from Dominica, the Citizenship by Investment Unit announced significant changes to application fees effective immediately.
These adjustments are in keeping with the Memorandum of Agreement signed between the five OECS territories operating Citizenship by Investment Programs which calls for a minimum investment threshold of US two hundred thousand dollars (USD 200,000.00).
1.Donation
(a) to qualify persons through a direct monetary investment an amount of -–
(i) two hundred thousand United States dollars for the main applicant;
(ii) two hundred and fifty thousand United States dollars for a main applicant and up to three qualifying dependants;
(iii) twenty-five thousand United States dollars for any additional dependant under the age of eighteen;
(iv) forty thousand United States dollars for any additional dependant eighteen years of age or older;
(b) on submission of an application of a minimum fee of –
(i) seven thousand five hundred United States dollars for due diligence background checks on the main applicant;(ii) four thousand United States dollars for due diligence background checks on each dependant;(iii) one thousand United States dollars interview fee per interview; and(iv) one thousand United States dollars processing fee per application;(v) a fee of five hundred United States dollars in respect of and prior to the issuing of each certificate of naturalisaton to be to be issued by the Unit in connection with his or her application.
2. Approved Project.
The following fees are payable to the Government on an application for Citizenship by Investment or other approved
project on approval in principle of an application through a real estate investment or other approved project:
(a) seventy-five thousand United States dollars for the main applicant;
(b) one hundred thousand United States dollars for a main applicant and up to three dependants;
(c) twenty-five thousand United States dollars for any additional dependant under the age of eighteen;
(d) forty thousand United States dollars for any additional qualified dependant eighteen years of age or older;
(e) seven thousand five hundred United States dollars for due diligence background checks on the main applicant; and
(f) four thousand United States dollars for due diligence background checks on each dependant sixteen years of age or older; and
(g) one thousand United States dollars interview fee per interview; and
(h) one thousand United States dollars processing fee per application;
(i) a fee of five hundred United States dollars in respect of and prior to the issuance of each certificate of naturalisaton to be issued in connection with the application.
SRO-No.-8-of-2024.-Commonwealth-of-Dominica-Citizenship-By-Investment-AmdNo.2-Reg.-2024-1
