DOMINICA: NATURE ISLAND OF THE CARIBBEAN

OBTAIN DOMINICA CITIZENSHIP

DOMINICA

DOMINICA CITIZENSHIP

JUNGLE BAY REAL ESTATE INVESTMENT

DOMINICA

DOMINICA is a mountainous Caribbean island nation. This 289 square mile island is referred to as the “NATURE ISLAND OF THE CARIBBEAN” because of its many waterfalls, hot springs, rivers and undisturbed tropical landscape. The capital city is Roseau. The island nation has a population of 72,000 inhabitants. It obtained its independence from the United Kingdom (UK) in 1979. It is a member of the UN, the 53 member Commonwealth of Nations, Caribbean Community and Common Market (CARICOM) and the Organization of Eastern Caribbean States (OECS), along with St. Kitts & Nevis, Antigua & Barbuda, St. Lucia, St. Vincent & the Grenadines & Grenada. Dominica’s currency is the Eastern Caribbean Dollar which is pegged to the United States Dollar. The official language is English however French Creole is also commonly spoken. The island’s primary economic activities are sustainable tourism and agriculture. Dominica is a stable democracy with an elected Prime Minister.

DOMINICA PASSPORT

DOMINICA’S PASSPORT offers Visa-Free travel to over 120 countries, including the all European Union (EU) States, United Kingdom, Sweden, Switzerland, Singapore, Hong Kong and Ireland. Dominica introduced its economic citizenship program over two decades ago, which makes it one of the oldest and most reputable Citizenship by Investment programs in the world. The revenue from the program is used to develop infrastructure for the island and to support private sector economic development. As a citizen of Dominica, you can take advantage of a range of personal benefits that include MINIMAL TAXATION (no wealth, gift, inheritance, foreign income or capital gains tax), FULL RESIDENCY STATUS (with the right to live and work in Dominica), RIGHT TO DUAL CITIZENSHIP, & NO RESIDENCY REQUIREMENT (before or after citizenship is granted).

The application process usually takes approximately 60 to 90 days from the time a complete application is submitted until clients receive the citizenship certificate and Dominica passport. We pre screen all applicants to minimize delays. The entire application process is simple and confidential.

DOMINICA CURRENTLY OFFERS TWO OPTIONS TO OBTAIN ECONOMIC CITIZENSHIP:

THE FIRST OPTION is a direct contribution (payment) to the Government of Dominica.
This option is less expensive than the investment option however the applicant does not acquire any assets with the possibility of economic return. The Government of Dominica utilizes the proceeds from this option for public infrastructure projects and to meet its general obligations. The direct contribution fee structure is as follows:

  • Single applicant US$100,000
  • Main applicant and spouse US$175,000.

THE SECOND OPTION is an investment in a Government approved private sector development. This option entitles applicants who invest a minimum of US$200,000 in a government approved private development and pay a fee (of US$50,000 for the main applicant & US$25,000 for spouse) to obtain citizenship by virtue of their investment in the economic development of Dominica. The option also allows for dependents.

NL Citizenship Ltd, Dominica is a government licensed agent for submitting applications.

Economic Citizenship Investors must maintain their initial investment for a minimum of three years after which they may sell their asset and retain the proceeds. There are currently four hotel developments designated under the Dominica Citizen by Investment program.

The main benefit of this option is the potential for financial return.

A secondary benefit is that the citizen will demonstrate a tangible investment (effective connection) to the country of their passport.

JUNGLE BAY

NL Citizenship offers the opportunity to own a villa in Jungle Bay, the Caribbean’s most successful luxury environmentally friendly resort. Jungle Bay is developing 120 new villas under the Dominica Citizenship by Investment Program. Jungle Bay villa purchasers are eligible to obtain Dominican citizenship with a passport that affords visa-free travel to over 120 countries including the UK, Singapore, Hong Kong and the Schengen member states. The Caribbean region offers several economic citizenship investment opportunities however Jungle Bay is the only Caribbean development that offers a deeded real estate investment in the US$200,000* price range.

Over the past ten years Jungle Bay has distinguished itself as one of the leading sustainable tourism models in the world. The resort, which is nestled along Dominica’s southeast coastline, was designed with minimal impact on the natural environment. Jungle Bay provides an authentic Caribbean vacation experience to the growing clientele of vacationers who enjoy nature, yoga, hiking, spa treatments and healthy organic cuisine in a barefoot luxury setting. As of July 1, 2015 Jungle Bay was ranked #3 on “Trip Advisors Top 25 Caribbean Hotels” and the top hotel in Dominica. Jungle Bay is one of the Caribbean’s most successful small resorts. This unique property has been featured in close to 200 major publications including the New York Times, National Geographic, Wall Street Journal, UK Independent and Conde Nast Traveler. The new Jungle Bay villas will be an upscale replacement of the resort’s existing accommodation cottages. The villas are designed to provide comfort & luxury in an unspoiled natural setting. They are tastefully appointed with hand carved furniture, verandas, and private outdoor showers.

Jungle Bay has cultivated a growing list of exclusive repeat clients that include well-known celebrities and some of the world’s leading yoga instructors and retreats. Many of its clients vacation at the resort every year. The new villas will enable Jungle Bay to meet its expanding demand.

Qualified Jungle Bay villa purchasers are eligible to obtain Dominica citizenship by virtue of their investment in the resort. Each villa building is divided into two accommodation units with an open living/sleeping space and bath. (Two units may be combined to create one large open villa.) Each Jungle Bay unit comes with its own title/deed.

*The starting price for Jungle Bay villas is US $255,000 (inclusive of all closing costs, transfer taxes, deed registration & legal fees).

The villas are a real estate investment that will be leased back to Jungle Bay to host the resort’s guests. Villa owners will receive 50% of the villa rental income, which will be paid on a quarterly basis. They will also be entitled to utilize their villa for their personal use for one week every year.

Jungle Bay villas are a real estate investment therefore purchasers will receive a recorded deed to their villa. This is a far better option than share purchases, which may be difficult to quantify. The Dominican citizenship program requires investors to retain their investment for a minimum of three years. Villa owners may choose to sell their villas after such time. Over the past ten years Jungle Bay achieved a relatively high occupancy rate which suggests the likelihood of a good return on investment for villa owners however we make no representation or projection of expected returns because our villas are a real estate investment and not a share purchase or securities transaction.

The increasing value of the Dominica passport, low investment requirement, successful performance record and deeded title makes ownership of a Jungle Bay villa one of the best Economic Citizenship Investments in the world.

Other citizenship processing costs include the professional fee paid to the agent, due diligence fees of US$7,500 per main applicant and US$7,500 for spouse, as well as the government processing fee of US$3,000 per application.

Our highly trained Dominica NL Citizenship Ltd team look forward to answering all your questions and providing you with personal care through the application process. We will ensure confidential and prompt service.

CONTACT US

NANCY ATZENWEILER
NANCY ATZENWEILERSenior Client Advisor (Dominica)

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