DOMINICA CURRENTLY OFFERS
1) The Economic Diversification Fund (EDF)
2) Real Estate Investment
NL Citizenship is leading the way in citizenship processing
DOMINICA is a mountainous Caribbean island nation. This 289.5 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 in 1979. It is a member of the UN, the 53 member Commonwealth of Nations, 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 US Dollar. The official language is English however a French patois 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.
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Own a Jungle Bay Luxury Villa with Title
The CBI Process in Dominica
DOMINICA CURRENTLY OFFERS TWO OPTIONS TO OBTAIN ECONOMIC CITIZENSHIP:
THE FIRST OPTION:
The Economic Diversification Fund (EDF): 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$150,000
• Family of up to four US$175,000 plus US$25,000 for additional dependents
THE SECOND OPTION:
The Real Estate: 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 reduced fee (of US$25,000 for the main applicant plus US$10,000 for spouse and up to 2 dependents) to obtain citizenship by virtue of their investment in the economic development of Dominica.
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 new citizenship.
NL Citizenship Ltd. Dominica is a government licensed agent and assists you with the processing of your Citizenship by Investment Application through The Economic Diversification Fund (EDF) as well as through approved Real Estate Options to obtain Dominican Citizenship with a Passport that affords visa free travel to over 130 countries including all European Union (EU) States, United Kingdom, Ireland, Sweden, Switzerland, Singapore, and Hong Kong.
Jungle Bay is the best value Citizenship By Investment (CBI) real estate in the Caribbean; privately owned and hassle free managed by the Jungle Bay Resort.
Through the investment, you will own an income producing vacation villa with a deed/title, which you are allowed to sell on the open market after only 3 years and after 5 years to another CBI investor. The purchase price of $255,000 includes all title transfer & recording taxes and closing costs.
Jungle Bay is an emerging Caribbean boutique resort brand. Because of its huge success from 2005 to 2015, the resort has now been redeveloped and opened phase 1 in June 2019. All structures of phase 2 are currently up and will be ready for rentals by the end of 2021.
The villas are managed and marketed by an award-winning boutique hotel brand with 10+ years operating a profitable, successful Caribbean resort.
This is the Jungle Bay Advantage:
–>Best Value – Starting at US $255,000 for a Sea View Villa
–>Private Ownership – Individual Title to Land and Villa
–>Obtain a privileged address at this prestigious location – Citizenship & Deeded Real Estate
–>Return on Investment – Past performance indicates a successful ROI potential
–>Hassle-Free Maintenance – Fully maintained by the hotel management and no out of pocket cost to owners
–>Management Experience – Jungle Bay is one of the Caribbean’s most successful hotel operators! TripAdvisor ranked Jungle Bay as the top hotel in Dominica and the third best hotel in the Caribbean!
Hassle Free Maintenance
The management, marketing and upkeep of the villa will be the responsibility of Jungle Bay. Proceeds for the maintenance will come from 40% of all rental income. The remaining rental income will be divided evenly between Jungle Bay (for management/marketing services) and the owners. There is no out of pocket money for investors after purchase of the villa and all rental income will be divided evenly between villa owners.
The increasing value of the Dominican 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 PROCESSING COSTS
Other costs to consider are the professional fee paid to the agent, due diligence fees of US$7,500 per main applicant and US$4,000 for the spouse and dependents over 16 years, government processing fee of US$1,000 per application, the passport, and Certificate of Naturalization Fees.
Our highly trained Dominica NL Citizenship Ltd team looks forward to answering all your questions and providing you with personal care through the application process. We will ensure confidential and prompt service.