Dominica Entrepreneur Visa Program Guide

Are you a foreign national thinking of applying for citizenship in the island nation of Dominica? The Dominica Entrepreneur Visa Program allows foreigners to obtain citizenship by investing in the nation’s economic development. 

Applicants must invest a minimum amount of $50,000 to $100,000 to apply for the Entrepreneur Visa. Additionally, candidates must comply with residency requirements, including residing in Dominica for a minimum of three months to be eligible for naturalization. Investors who successfully meet all the requirements can acquire Dominican citizenship after a two-year period.

• The Dominica Entrepreneur Visa Program is designed for business owners and entrepreneurs seeking to establish or expand a business in Dominica.
• Eligibility includes a $50,000 to $100,000 investment and an active business involvement in an enterprise that creates jobs.
• Investors gain legal residency in Dominica and the opportunity to apply for citizenship after two years.
• Dominica Entrepreneur Visa applicants can include their spouse and dependent children in their application.

On 6th September 2020, Dominica announced the introduction of the Entrepreneur Visa Program. Through significant investment in the country’s private sector, the program gives investors the opportunity to get Dominican citizenship. 

This program aims to attract more businesses and generate an additional source of income for the Caribbean island country, thereby opening up various investment opportunities for foreign nationals. Investors must keep in mind that, unlike the Dominica Citizenship by Investment (CBI) Program, which legally offers individuals and their families lifelong citizenship and a passport in just six to nine months, the Dominica Entrepreneurship Visa Program doesn’t grant immediate citizenship; an initial two-year residency permit is granted instead. 

Post application approval, the permit is generally issued within 45 days. Candidates can apply for citizenship after fulfilling the requirements for two years. 

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The main qualification for the program is to make an investment in a business in the country. Foreign nationals looking to invest in Dominica to get an Entrepreneur Visa have two options: 

1. Utilizing the Dominican government’s investment fund, candidates must invest a minimum of $50,000. The investment must be made in a functioning government-approved business. 
2. Applicants can contribute a minimum investment of $100,000 to a locally registered startup business in Dominica. The startup should have a minimum of three full-time workers on its payroll. 

Applicants can contribute as an equity investor in a government-approved public or private sector venture. Though a direct investment in Dominica real estate doesn’t qualify, investing in a real estate development business or property-related enterprise may be considered. 

The program functions with a very small number of conditions. Potential applicants must ensure they adhere to the minimum investment of $50,000 or $100,000 in approved areas. 

Under the current Dominica immigration law, applicants must fulfill the following criteria to apply for an Entrepreneur Visa: 

• Be over 18 years old 
• Be in good health 
• Have a clean criminal record 
• Pass a background check 
• Make the qualifying investment 
• Deposit $100,000 in a Dominica bank 

Applicants must submit the following documentation to the Dominica immigration department to qualify for Dominica’s Entrepreneur Visa. 

• Current passport 
• Birth certificate 
• Criminal record certificate 
• Recent medical health examination record 
• Proof of current residential address 
• Proof of educational qualification 
• A reference letter 
• Proof of current employment and financial status 
• Bank records for the last year 
• Business resume or CV 
• A notarized affidavit highlighting the sources of your investment funds 
• Proof of a letter written to the Minister of Dominica 

Take a look at our Dominica Citizenship by Investment Ultimate Guide  

Click Here

While the Dominica Citizenship by Investment Unit processes citizenship by investment applications, the Dominica Immigration Division, within the Ministry of Justice, Immigration, and National Security, processes Entrepreneur Visa applications. 

1. Business establishment or investment: The applicant establishes a startup or invests in qualifying local businesses in Dominica and prepares a business plan showing economic benefit. 
2. Application submission: The completed application is submitted to the Dominica Immigration Division along with the business plan, police certificate, and other supporting documents. 
3. Due diligence and review: Dominica immigration authorities conduct background checks and assess the business proposal and supporting documentation. 
4. Visa and residence approval: Upon approval, the applicant is granted the Dominica Entrepreneur Visa and permission to reside in the country, subject to compliance with immigration and business regulations. 

Investors must remember that Dominica investment migration to gain Dominican citizenship and a second passport follows a different process from the Dominica visa for entrepreneurs. A Dominica Citizenship by Investment lawyer or approved agent must submit the application to the Citizenship Unit on the applicant’s behalf. Approved agents can be found on the Dominica citizenship by investment official website. 

By meeting the program’s criteria, investors who gain a Dominica Entrepreneur Visa enjoy several benefits. 

• Investors can become a Dominican citizen and get a Dominca passport. 
• The privilege of residing in a peaceful, clean, and sustainable environment. 
• The CBI Index voted Dominica best country for citizenship by investment more than once over the last few years. 
• Investors can access 160 Dominica passport visa free countries. 
• The applicant’s family members can apply for the Dominica Entrepreneur Visa Program . 
• Dominica taxes are favorable to foreign investors, with no income tax, inheritance, capital gains, or wealth taxes. 

Why use Global Citizen Solutions?

Global Citizen Solutions is a multidisciplinary firm offering bespoke residence and citizenship solutions in Europe and the Caribbean. In a world where the economy and politics are unpredictable, having a second citizenship opens up opportunities and creates flexibility for you and your family.

So, why work with Global Citizen Solutions to obtain Caribbean citizenship?

• Global approach by local experts: We are corporate members of the Investment Migration Council, with local expertise in all five Caribbean CBI programs.
• 100 percent approval rate: We have never had a case rejected and will offer you an initial, free-of-charge, due diligence assessment before signing any contract.
• Independent service and full transparency: We will present to you all the investment options available, and all expenses will be discussed in advance, with no hidden fees.
• An all-encompassing solution: A multidisciplinary team of immigration lawyers, investment specialists, and tax experts will take into consideration all your and your family's mobility, tax, and lifestyle needs.
• Confidential service and secure data management: All private data is stored within a GDPR-compliant database on a secure SSL-encrypted server.

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