Dominica Country Profile
Capital City | Roseau |
Population | 73,897 (2017 est.) |
Geographic Location | 15 18 N, 61 24 W |
Area | 751 sq km |
Language | English |
Currency | Eastern Caribbean Dollar ( 1 US$ = 2.7 EC$ ) |
Political System | Parliamentary Republic |
Legal System | Common Law based on English Model |
GDP | $ 851 Million (2017 est.) |
GDP per capita | $12.000 |
National Anthem | Isle of Beauty (1967) |
Independence Day | 3 November 1978 (from the UK) |
Dominica Citizenship by Investment Program Information
COMMONWEALTH OF DOMINICA Citizenship by Investment Program | Official Government Website: https://cbiu.gov.dm |
Investment Type | (Minimum amounts indicated) |
DonatIion to Econ. Diversification Fund (EDF) | $100.000 |
Real Estate Investment | $200,000 (+$25,000 - $70,000 Government Fees) |
Restriction on dual citizenship | No |
Physical presence requirement | No |
Estimated Application Fees |
Government Fees | $1.000 |
Due Diligence Fees | $7,500 and above |
Passport and Certificate of Naturalization Fees | $1,450 per applicant |
Bank fees | $250 minimum |
Consulting Fees | Varies between $20,000 and $50,000 |
Estimated Cost (Donation / Real Estate) |
Single Applicant | $110,000 / $235,000 (+ Consulting Fees, RE Fees) |
Family of 4 Application (2 children under 18) | $218,500 / $253,500 (+ Consulting Fees, RE Fees) |
Visa free travel number of countries | 136 |
Residency requirement for citizenship | 5 years |
Dominica Tax Summary
Corporate Income Tax | 25% |
Witholding Tax on Dividends (Res./Non Res.) | 0% / 15% |
Witholding Tax on Interests (Res./Non Res.) | 0% / 15% |
Witholding Tax on Royalties (Res./Non Res.) | 0% / 15% |
Capital Gain Tax | No |
Personal Income Tax (Res / Non Res.) | Progressive up tp 35% (Worldwide / Dominica sourced) |
Property Tax / Property Transfer Tax | 0% / 6.95% (Stamp duty 2.5% by seller, 4% by buyer) |
Inheritance Tax / Estate Tax | No |
VAT | 15% |
* This site is for generic information only.