Dominica Announces, A passport isn’t just a necessity for a vacation; it’s also about a citizen’s freedom, their right to live and work in other places and of course, have a better lifestyle. A biometric passport or an e-passport is a regular passport booklet with an electronic microchip embedded in the document. It utilizes data to verify the citizen’s identity. This information-loaded chip is also meant for offering additional security against passport fraud. In fact, 150+ countries have already issued biometric passports, as of 2020.
Dominica Passports Program
The biometric passports will be issued to those individuals who will gain citizenship through this Caribbean Island nation’s citizenship by investment program. This investment program was established in 1993 to help the nation fortify its economy via direct investments in healthcare, education, agriculture, and infrastructure.
Second Citizenship Requirements
The program offers citizenship to foreign nationals who wish to make a colossal investment in the country. To qualify, you need to go through a strict due diligence process and contribute via one of the following channels:
· Make non-refundable contribution to the Government’s Economic Diversification Fund.
· Purchase real estate in a government approved project and pay the government fee, as applicable.
Benefits of Second Citizenship in Dominica:
Dominica’s Second Passport and Citizenship is legally offered to its citizens and their families worldwide and the best part is, you only have to wait some months without having to visit the country.
Have a look at the benefits and opportunities of having a second passport and citizenship from the Commonwealth of Dominica:
Increased International Mobility:
Make international travel easier and more private and skip the security issues. Traveling with Dominica’s second passport will empower you to visit most developed countries without the hassle of visitor visa application. Attend a business meeting in Hong Kong, or take a trip to Switzerland, or check out your child’s university in the UK, or visit Singapore for healthcare purposes. With this passport, you will get to travel the entire European Union and Europe Schengen Area with ease.
Certain countries require you to get a tourist visa but Dominican citizens have to go through less stringent visa application conditions. Additionally, having a citizenship in a Commonwealth country can also make it easier to obtain a business visa or residency permit in other Commonwealth countries such as Canada or Australia.
Safe and Natural Environment:
Dominica, the ‘nature island of the Caribbean’, is replete with a mix of lush rainforests and rugged, volcanic landscapes. Go swimming in emerald pools or river cruising, discover whale watching or spicy cuisine, or explore the history and culture of the nation. The Commonwealth of Dominica offers an amazing tropical environment with a high standard of living and fast-growing economy… enough to a build your second home in this piece of paradise.
Favourable Tax Policies:
Enjoy the benefits of having no tax on foreign income, dividends, capital gains, wealth, gifts, and inheritance. Additionally, live with the advantages of Dominica’s double taxation treaties with the USA and CARICOM countries like St. Kitts, Nevis and Grenada. Get massive tax relief, various corporate tax incentives, tax waiver from import duties, export allowance, and plentiful tax holidays.
Straightforward Application Process:
The efficient application process is quite an allure for many investors. In fact, with the help of Dominica’s second passport, you’ll get your citizenship in three to six months. The entire process is transparent, and the government of the Commonwealth of Dominica does not require you to pass any interviews or language tests. You may even not require any previous work experience to apply.
No Physical Residency Requirements:
The Dominica Passport Program has no physical residency requirements. This means you do not have to visit before or after the application process. This new ‘contactless’ norm is particularly attractive in this post-COVID-19 era.
Full Family’s Second Citizenship and Passport:
The Commonwealth of Dominica Citizenship by Investment Program is one of the easiest and the fastest ways to get a flourishing future for your whole family in these uncertain times. Your application can be as a single applicant or as a family – your spouse, biological or adopted children under 30 years, and parents aged 55 and above – and they can be added to the same citizenship application.
Once your application is approved, you and your family will receive naturalization certificates and passports. The passport is valid for the first five years, after which you have to apply for another 5-year extension. Your Dominica citizenship is for life and could be passed down from one generation to the next.
The Dominica Passport Program will gradually allow its citizens to update their passports before their official expiration. So, the citizens who are going to renew their passports will automatically be issued the new biometric one after the collection of required documents.
If you wish to learn more about Dominica’s second passport or citizenship programs, contact Passport Legacy today!
The Commonwealth of Dominica got the ball rolling on their new biometric passport on July 19. New e-gates were constructed as a part of a $13 million project to upgrade the Dominican border.
If you wish to get your Dominican biometric passport, know that it will store your pre-verified personal information – including your biometric face, fingerprint, and iris data. This means that you will be able to easily use the e-gates to pass through border checkpoints more quickly and the government will be able to track your movements to avoid any kind of fraud.