Dominica Citizenship for Nigeria Investors
Dominica citizenship is widely celebrated for the unique advantages it gives to applicants and the many benefits of holding a Dominican passport. While gaining second citizenship can seem like a time-consuming process, the Dominica immigration investment route can provide what traditional paths don’t.
Discover how to gain Dominica’s citizenship and secure its advantages as a citizen of Nigeria.
Benefits of Dominica Citizenship
Citizenship in Dominica gives the applicant a wide range of benefits and they’re celebrated among economic citizenship programs throughout the world, in part because of the wide-ranging opportunities a Dominica passport provides. Through Dominica’s Citizenship by Investment programme, investors from Nigeria can gain:
Visa-free travel to over 140 countries
Including the United Kingdom, the Schengen countries, China, and others.
Dual citizenship for life
The principal applicant and their family are granted citizenship for life and are passed down to their descendants without a requirement for residency or visiting Dominica first.
Grow your wealth
Investors can grow their wealth through their real estate investment by benefiting from the tax-efficient jurisdiction.
Investment Exit after 5 Years
The applicant can exit their investment after a 5-year holding period without losing their citizenship or their benefits.
Why Visa Free Travel Matters
Traveling throughout the world can be a challenge, whether for business or leisure, and can be especially difficult for citizens of some countries with visa-free restrictions. Dominica citizenship is an extraordinary opportunity for Nigerian investors, in part due to Dominica being a member of the Commonwealth of Nations and Caribbean Community (CARICOM).
Some of the benefits of holding citizenship in the Commonwealth and CARICOM include:
- Commonwealth citizens do not require visas to enter the United Kingdom and can spend as much as 6 months to a year there.
- Travel freely within the Caribbean region visa-free
- CARICOM allows indefinite periods of stay
- CARICOM permits citizens to work without permission and to set up their own business
Holding citizenship in Dominica provides you with access to business opportunities and educational advantages globally to your family, redefining what can be achieved by removing the barriers business people of Nigeria encounter.
Applicant Process
The Citizenship by Investment programme is very simple and can be completed in a few steps. The application process for Nigerian investors is made even easier when aligned with an experienced CBI developer who has a productive relationship with the Dominica government.
The steps to secure citizenship by way of investing are:
1.
Sales & Purchase Agreement:
Sign a Sales and Purchase agreement and submit your deposit
2.
Application & Fees
Both the processing fees and due diligence fees must be paid along with the application directly to the service provider.
3.
Processing & Payment
The application process can take up to 120 days. The main applicant then pays the remaining balance and applicable government fees.
4.
Closing & Transfer of Passports
Proof of ownership will be submitted to the Dominica government, and you will receive your passports.
Grenada Citizenship Cost
Just as it sounds, Citizenship by Investment requires an investment and this route to gaining a second passport has associated costs along with an investment amount for an approved CBI real estate development. The economic citizenship programme in Dominica is designed with families in mind and the associated costs below reflect a family of four:
For Family of 4
$277,300
// Total
Cost of share: $220,000
Government fees for the main applicant, a spouse, and 2 dependents: $35,000
Due Diligence fees: $11,500
Share registration fees: $8,800
Government processing fees: $1,000
Certificate of Naturalisation, including stamp fees: US $1,000
Terms and Conditions may apply.
Citizenship by Investment for Nigerians to Gain Dominica Citizenship
Gaining Dominica citizenship provides Nigerians with an array of unique benefits and advantages, even opportunities that standard routes don’t provide. We at Range Developments are the leading CBI developers in the Caribbean, having a successful track record of luxury developments, such as the highly successful InterContinental Dominica Cabrits Resort & Spa.
Our second luxury resort in Dominica, The Port Cabrits, is underway and provides Nigerian citizens the opportunity to gain citizenship without losing their citizenship in Nigeria. By choosing Range Developments as your partner in gaining the advantages of citizenship in Dominica, you will have aligned yourself with the leading and most successful developer in the Caribbean.
To begin your journey to citizenship in Dominica, connect with one of our CBI representatives here:
Contact Range Developments – Your Path To Citizenship by Investment
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