Also known as the Nature Island, Dominica is a country in the Eastern Caribbean, situated between the french islands of Guadeloupe and Martinique. This Caribbean island offers great opportunities for those who want to invest in property.
Ten reasons to buy property in Dominica:
- Property prices are lower than many other Caribbean islands
- Get the Dominica passport for you and your family
- Beautiful untouched island in the Caribbean
- Proximity with the US
- Sustainable island
- Low cost of living
- Incredible weather
- Relaxed pace of life
- Get the Dominica passport in 3 to 4 months
- No wealth, gift, inheritance, property or capital gains taxes
Where to buy?
If you are thinking about buying land or buildings in Dominica, you can buy it independently or through Dominica Citizenship by Investment Program. To qualify for Dominica citizenship by investment via the real estate route, you must purchase pre approved property worth at least $200,000. The investment must be held for three years from the date your citizenship is granted, and can only be resold under the Citizenship by Investment program after five years.
There are many real estate properties approved by the government, offering you options such as villas, hotels, luxury resorts, eco-lodges and condos. Some of the most popular real estate locations are Portsmouth, Soufriere, Salisbury and around the capital Roseau.