What are the Minimum Investment Requirements for Dominica’s CBI Program?
Dominica’s Citizenship by Investment (CBI) program is recognised for its accessibility, transparency, and value. Whether you’re seeking a second citizenship for global mobility or a strategic real estate investment, understanding the minimum financial requirements is essential. Here’s a breakdown of the key investment options and associated fees.
1. Main Investment Options
A. Real Estate Investment
- Minimum Investment:
The government requires a minimum investment of USD200,000 in a government-approved real estate project.
Example: Purchasing a pod at Nomad Nest Dominica (pending CBI approval) can qualify you for this route. - Ownership Period:
The property must be held for at least 3 years (or 5 years if the next buyer is also a CBI applicant).
B. Economic Diversification Fund (EDF) Contribution
- Minimum Contribution:
A non-refundable donation to the EDF starts at USD200,000 for a single applicant.
2. Government and Due Diligence Fees
In addition to the main investment, applicants must pay several government-mandated fees:
- Due Diligence Fees:
- Main applicant: USD7,500
- Processing Fees:
- Per application: USD1,000
- Interview Fees:
- USD1,000
- Real Estate Government Fees:
(Applicable only for the real estate route)- Main applicant: USD75,000
- For a main applicant and up to three dependants: USD100,000
- Additional USD25,000 for dependants under 18, and USD40,000 for those over 18
3. Example: Investment Breakdown for a Single Applicant (Real Estate Route)
| Item | Amount (USD) |
|---|---|
| Real Estate Investment | $200,000 |
| Government Fees (main applicant) | $75,000 |
| Due Diligence Fee | $7,500 |
| Processing Fee | $1,000 |
| Interview | $1,000 |
| Total | $284,500 |
Note: Legal, agent, and other professional fees may apply and vary by provider.
4. Key Considerations
- Eligibility:
All investments must be made in government-approved projects. For Nomad Nest Dominica, the process to register as a CBI-eligible project is underway. - Refunds:
EDF contributions are non-refundable. Real estate investments may be resold after the minimum holding period. - Family Applications:
Fees and minimums increase with additional dependents. Consult with your agent for a personalised quote.
5. Next Steps
- Contact Us:
Contact a member of our team to discuss your goals and receive a tailored investment breakdown. - Stay Informed:
Follow our blog for updates on CBI regulations, project eligibility, and investment opportunities.