PURCHASE PROPERTY IN DOMINCA

Roseau, Dominica

As America braces for the November elections and the subsequent slow relinquishing of the coveted position of Global Economic and Military Power House that it had earned in the mid to late twentieth century, this may be the opportune moment for North Americans to consider expatriation particularly for those in the middle to upper  income bracket. Dominica may provide the salvation you seek.

For those who have visited the island of Dominica for the first time their reactions are always the same - awe-stricken! Dominica, with its lush vegetation, fertile soil, tall mountains, cascading waterfalls, pristine fresh streams and  rivers, - three hundred and sixty-five - one for every day of the year), friendliest people on earth, is truly a world out of this world.  Dominica provides a number of opportunities for investment - a favorable method of securing your American assets.

Requirements for Purchasing Property
Once you have acquired your second passport from Dominica you may purchase property minus the ten percent (10%) alien landholding tax levied by Government. However, to purchase property as a citizen of Dominica, you will require the following:

• 3 plans
• An evaluation of the property
• 7.5% Government Fee
• 3% Legal fee
• Copy of ID for both buyer and seller

It is important when purchasing property in Dominica to find out whether the property has a Certificate of Title.  If it does not, the process of issuing a first title takes a bit longer than if it is simple transfer. 

Cost of Property

The cost of land in Dominica varies with the terrain and location.  Here are some approximations of rates per square foot:

Roseau & Environs

- Central Roseau (the capital) ..............   $US 130.00
- Non Central Roseau            ..............   $US   66.00 - $US 100.00
- Goodwill (Lower)                .............    $US     4.00 - $US 10.00
- Goodwill (Upper)               ...............   $US     7.00 - $US 10.00
- St. Aroment                        ..............    $US   13.00
- Shawford                            ..............    $US    3.00
- Castle Comfort                   ..............     $US    5.00
- Wall House                         ..............    $US    6.00
- Beau Bois (Heights)             .............    $US     3.00
- Beau Bois (Lower)              ..............    $US    5.00

Portsmouth & Environs
Portsmouth Central (Bay Street)         ....................$US  19.00 - $US 21.00
Portsmouth Central  (Other Streets)    ....................$US  15.00 - $US 17.00
Picard (Ross Blvd)                             ....................$US    9.00 - $US 11.00
Picard (Opposite Ross University)      ....................$US  19.00
Picard (Beach Area)                          .....................$US   10.00
Picard (Inland)                                   .................... $US     7.00
Picard (Heights) / Balvine                   .................... $US     4.50

We can assist you in both obtaining dual citizenship and securing the documents for your new property. This reputable site below will assist you in making your selection of property:

http://www.caribbeanparadiserealty.net/dominica_land_for_sale.html
http://www.caribbeanparadiserealty.net/dominica_houses.html