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People of substance and means often seek
alternative citizenships, as a means to enable them to protect their
assets and income, and to travel more freely throughout the world. If
it's wrong to discriminate against people based on their race, ethnic
group or gender, why is it OK to discriminate against people based on
their citizenship or the passport they carry? That is a question we
frequently pose to governments, but for some reason they never give
straightforward answers!
If your freedom to work, invest, or purchase property where you choose is
restricted by your current citizenship, then you should be thinking about
acquiring a second citizenship. There are various ways to obtain a second
passport: see our primary article on the subject
at this link.
This article focuses on the only two countries left in the world where
you can legally "purchase" a second passport. These two jurisdictions -
St Kitts & Nevis, and Dominica - do still offer so-called "economic
citizenship" programmes. Prices, needless to say, have increased
substantially.
St Kitts and Nevis Economic Citizenship Programme
The St Kitts programme was launched by act of parliament in 1984, and has
always maintained high standards, thereby avoiding the scandals which
have embroiled some of the other, now defunct, citizenship programmes.
St Kitts requires an "investment" which may be satisfied in any of the
following ways:
(i) A substantial investment of at least $350,000.00 US dollars or its
equivalent in East Caribbean currency in an "approved investment project"
- read certain real estate developments approved by the government.
Or
(ii) A one-off non-refundable contribution into the Sugar Industry
Diversification Foundation of:
Single applicant: US$ 200,000
Applicant with up to three dependants (i.e. one spouse and two children
below the age of 18): US$ 250,000
Applicant with up to five dependants (i.e. one spouse and four children):
US$300,000
Applicant with six or more dependants: US$ 400,000
Commonwealth of Dominica Economic Citizenship Programme
Dominica offers a somewhat lower cost alternative, with the basic fees to
the government being as follows:
Family US$100,000
Single applicant US$75,000
Due Diligence and Professional Fees
Whichever of the two programmes you choose, expect to find a lot of extra
fees tagged on to the bill before you are finished. There are extra
government processing fees, 'due diligence' fees which can exceed $10,000
per person, and then the professional fees you will need to pay, since
carrying out the process without professional help is almost impossible.
So it is by no means a low cost process.
Dominica is a member of the British Commonwealth, the United Nations, the
OAS, and CARICOM.
The Government of the Commonwealth of Dominica, realizing that an
Economic Citizenship Programme could generate much needed revenue for the
country, competitively structured their Programmes to cost substantially
less than that of the competing program from St. Kitts and Nevis. The
legislation which provides for full citizenship is authorized by an
amendment to the Dominica Citizenship Act. The cost of citizenship
through the programme is less than that of the St. Kitts and Nevis
programme.
About Dominica
Dominica (pronounced "Dom-in-eek-a") is an island of volcanic origins
located between the French islands of Guadeloupe and Martinique in the
Eastern Caribbean, at approximately 15 degrees North latitude and 61
degrees West longitude.
Dominica is famous for its tropical rainforest, and the many rivers and
waterfalls which result from the high rainfall in the interior. In
addition, its volcanic origins manifest themselves most noticeably in the
Boiling Lake (one of the largest of its kind in the world) and many other
smaller fumaroles around the island (including at least one underwater).
Moreover, it is widely acknowledged to be both one of the best dive sites
and a prime whale watching location in the region (if not world).It has
several peaks of over 3,000', the tallest of which are Morne Diablotin
(4,747') and Morne Trois Pitons (4,600').
English is the official language but a French-based Creole (kwéyòl) is
widely spoken, especially in outlying villages. This reflects an often
turbulent history in which the island would be assigned to Britain by a
treaty with the French, who would promptly break it and try to regain
control of Dominica. Throughout and to the present day the original
inhabitants, the Caribs, tried to coexist.
In 1903 they were assigned a 3,700 acre Territory in the north-east where
around 3,000 live today.
The original Carib name for Dominica is Waitikubuli, meaning 'tall is her
body' and many of the villages still retain (or at least are still known
by) their Carib name.
The currency is the Eastern Caribbean Dollar (of which there are 2.7169
to the US$). Office/Shop hours are 8am to 4pm; Banking hours are Monday
to Friday, 8am to 2pm (Friday till 5pm).
Advantages of Citizenship in Dominica
-
Citizenship for Life for applicant and eligible family members.
-
Dual Citizenship permitted and there is no residence requirement.
-
Passports - 10 year validity for adults; 5 year validity for children
under 16 years of age. All passport holders have the right to renew as "Citizens".
-
Visa-Free Travel - to approximately 80 countries including Switzerland,
Canada, and most British Commonwealth member countries. Where a visa is
required, they are relatively easy to obtain.
-
Tax Free Status - on Foreign Income, Capital Gains, Gift, Wealth and
Inheritance Tax
Application Procedure for Dominican Second Citizenship
Upon receipt of the deposit and completed due diligence forms, a copy
will be submitted to the approved agency for a quotation. The client will
be notified and instructed to send the amount of the due diligence fee
and the Gov't application fee of US$1,250 per person. (Balance of fees
and the investment requirements will be due upon approval of application.)
Applicants will have to attend an interview with the Prime Minister of
Dominica or a Special Commissioner announced by the Prime Minister. This
interview will be conducted in English so applicants should at least be
able to communicate in English.
The interview MAY also be conducted in the applicants home country/town
but a US$3,000 fee will apply plus travel expenses for the account of the
applicant - please ask your chosen agent about this.
Your lawyers will help you prepare for this interview and get you
familiar with the basic facts of the background and history of the
country. The interview cannot be waived and is held once a month on the
last Friday of each month.
This date however, is subject to change due to the travel plans of the
Prime Minister, but once confirmed and subject to urgent changes the date
may be depended on.
Typically, the interview is about one hour long and there will be
questions about yourself (all the details on your application form will
be confirmed) and the basic knowledge of Dominica's history will be
tested; please note that you will not be allowed to take an interpreter
in to the interview with you.
We can assist with the preparation of the interview and ensure that
applicants are fully up to date with the background and historical
information.
Application Documents Required for Dominica Economic Citizenship Program
-
Two (2) completed Form 12 Commonwealth of Dominica applications (per
applicant) - both must be originals and notarized.
-
Two (2) personal references and a bank reference.
-
Educational background for applicant and spouse.
-
Legible Copy of Passport or Official Travel documents. Preferably in
color and enlarged.
-
Eight (8) passport size photographs for each eligible family member.
-
Medical Certificates of good health including HIV Negative.
-
Police Certificates.
-
Birth Certificates for all eligible family members.
-
Marriage Certificate or Divorce Decree (if applicable).
-
On receipt of completed Form 12, the passport forms will be forwarded
to you for completion. These are processed on approval of Form 12.
a. The Oath of Allegiance must be dated AFTER approval of naturalization.
b. Due Diligence investigation will be conducted on all adult applicants.
These fees are non-refundable.
RESOURCES:
Q Wealth Limited are able to make referrals to recommended lawyers who
are duly licensed by the respective governments of the Commonwealth of
Dominica, and Saint Kitts and Nevis. This topic is frequently covered in
The Q Wealth Report.
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Also please note our blog has a category on second citizenships.
You can
visit the archives here. |
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