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Showing posts with label Economic Citizenship. Show all posts
Showing posts with label Economic Citizenship. Show all posts

Wednesday, 6 February 2013

Dominica Economic Citizenship Programme




Despite the numerous social and economic challenges experienced worldwide, the Dominica Economic Programme continues to rank at the top of the list for most persons seeking to obtain a second passport or dual citizenship.

Among the factors contributing to this coveted position are the following:
  • Reputability: The Commonwealth of Dominica enjoys a good reputation regionally and internationally including the US, UK, France and Canada. The holder of a Dominican Passport enjoys that esteem, thereby, facilitating business, educational  and traveling activities.
  • Security: All applicants for the Dominica Economic Citizenship Programme are subjected to a Due Diligence investigatory process. The background checks are thorough! This reassures holders of Dominica passport - knowing that new holders are not of ill-repute.  The Due Diligence Agencies are backed by many years of experience.  Bishops Investigative Services have been in existence for a hundred and fifteen (115) years and have offices or associated offices in over two hundred countries worldwide.  Financial Examinations & Evaluations Inc. is present in most countries around the world inclusive of Central Asia, China, Japan North and Latin America and Central  and Eastern Europe. Both Agencies use leading technology capabilities along with experts in computer forensics, complex financial translations, corporate security and communication networks and asset location to ensure the integrity of the Dominica Passport.  In addition, the Government of Dominica has embassies/consulate in numerous locations to assist the holders of Dominica Passport.
  • Cost-effectiveness: Despite the hike in Dominica Economic Citizenship fees in September, 2012, Dominica appears to give the best value for money in a number of areas.   Salient among them is the skepticism expressed by non-locals about owning property in this hurricane prone region as is the case of St. Kitts & Nevis Economic Citizenship Programme. Dominica's Citizenship by investment programme does not require investment in real estate property!
  • Professionalism/Professional agent services: The success rate for Alick Lawrence, government approved agent, is phenomenal. With over twenty years experience in processing Economic Citizenship applications, Alick Lawrence Chambers handles over ninety percent (90%) of the Dominica Economic Citizenship applications and provide professional and confidential service to all its clients.
For students hoping to migrate to continue their education, for entrepreneurs, business people, or simply for the ease of traveling and doing business the Dominica passport offers many opportunities.

Email: offshore@cwdom.dm
          lawrencea@cwdom.dm
Skype: tryoffshore
Tel:      1 (767) 44 87697






Thursday, 20 September 2012

WHICH SECOND PASSPORT - ST. KITTS & NEVIS OR DOMINICA?




source: http://www.nickryan.net/images/caribbean-st-kitts.jpg
















When it comes to deciding which dual citizenship program to select - St. Kitts & Nevis or Dominica – second citizenship seekers seem to find themselves in a quandary. Of-course, the final decision is determined by a number of factors, the least among which is not one’s finances.

St. Kitts & Nevis

Basically, the dual citizenship programme offered by the Government of St. Kitts & Nevis provides people who are desirous of obtaining a second passport with two options: invest in real estate in St. Kitts & Nevis (under the Real-Estate option) or make a cash donation to the Government (under the Sugar Industry Diversification Foundation (SIDF) option).

Real-Estate Option

Under the real estate option, the applicant has to make an initial outlay of at least US$400,000.00 on a Government approved real estate project. There is a five-year freeze before the investor may dispense of the property.  Additionally, there are fees and taxes to be paid before (legal fee, for example) and after finalization of the documents (annual land & property tax and property insurance).
Further, on approval in principle of an application, the following fees for application and registration regarding the application for citizenship apply:

  • US$50,000.00 for the main applicant
  • US$25,000.00 for the spouse of the main applicant
  • US$25,000.00 for each child of main applicant under 18 years
  • US$50,000.00 for each qualified dependant of the main applicant between 18 and 25 years other than his spouse
Sugar Industry Diversification Foundation (SIDF)

Under the SIDF option, the investor is required to make a contribution to a public charity program to help with the diversification strategy implemented since the collapse of the Sugar Industry.  Under this option, the amounts are inclusive of all Government fees payable for the main applicant and his or her dependants with the exception of the fees for due diligence background checks:

  • US$250,000.00 for Single Applicant
  • US$300,000.00 for Applicant with up to three dependants
  • US$350,000.00 for Applicant with up to five dependants
  • US$450,000.00 for Applicant with up to seven dependants
  • US$50, 000.00 for additional contribution for each dependant above seven dependants/
  • US$50,000.00 for additional contribution for each qualified dependants over 18 years

Due Diligence

Due diligence background check is mandatory for all applicants and each dependant over 16 years.  Under both options, due diligence and processing fees for the main applicant is US$7, 500.00 and US$4,000.00 for each dependant over 16 years.

                                                                                    (........to be continued)

Tuesday, 5 June 2012

Second Passport from Dominica




After a short repose we are back!

There is a need to clarify a few points for prospective applicants who seek a second passport or foreign citizenship from the tranquil Caribbean region.  To begin, there are few islands offering Caribbean Citizenship. To date, only St.Kitts & Nevis and Dominica offer citizenship by investment options.  However, there are a number of persons who are about to proceed with their application for citizenship incognizant of the fact that Dominica or the Commonwealth of Dominica is quite distinct from the Dominican Republic. 

The island of Dominica is an autonomous state located between the French Overseas Departments of Guadeloupe, to the North, and Martinique, to the South, or latitude 15° 20 North of the Equator and longitude 61°22 West of Greenwich.  The official language is English, however, a French creole or patois is popular among the inhabitants.

On the other hand, the Dominican Republic shares the island of Hispaniola with Haiti.  The Dominican Republic is located 18°28 and 69 °54 West Greenwich or west of Puerto Rico. The official language is Spanish and the ethnic composition of its population and the culture are different from that of Dominica. In the 2012 estimate, the population of the Dominican Republic stood at 10.09 million, whereas that of Dominica was approximately 73,000.00. Interestingly, citizens from both countries are called «Dominicans»." However, the Government of the Dominican Republic does not offer an Economic Citizenship Programme!  


Applicants are satisfied with their choice of the island of Dominica for foreign citizenship based on investment.  This internationally reputable small island state provides security at an affordable rate for those who seek dual citizenship in the current challenging economic times.