This may be the last opportunity for those who seek a second passport to take advantage of the comparatively low rate for Dominica Economic Citizenship. The Government of Dominica, under the leadership of Prime Minister Roosevelt Skerrit, announced in its budget presentation yesterday an increase in the fees for Dominica Economic Citizenship. The new fees will take effect on September 1, 2012.
They
are as follows:
Package A
– Single Applicant
|
A
non-refundable investment of US$100,000
|
Package B – Family Application One (Applicant plus
spouse)
|
A
non-refundable investment of US$175,000.
|
Package C – Family Application Two (Applicant plus one
spouse and two children below the age of 18 years)
|
A
non-refundable investment of US$200,000
|
Package D – Family Application Three (Applicant plus
one spouse and three children below the age of 18 years)
|
A
non-refundable investment of US$350,000 and US$50,000 for every additional
person 25 years and below
|
The current Government fees are:
Single
(Individual)
|
US$75,000
|
Family:
|
|
Husband
& wife plus 1 or 2 less than 18 yrs.
|
US$100,000
|
Husband
& wife plus 3 less than 18 yrs.
|
US$115,000
|
Husband
& wife plus 4 less than 18 yrs.
|
US$130,000
|
Husband
& wife plus 1 over 18 yrs.
|
US$125,000
|
Husband
& wife plus 2 less than 18 yrs plus 1 over 18 yrs
|
US$125,000
|
Persons
contemplating Dominica Economic Citizenship for their dual citizenship may wish
to zero-in on this last chance. However,
it is important to note that the above fees are government fees. Agent fees and due diligence fees need to be
also taken into consideration.
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