Key Benefits of Dominica Second Citizenship

Many wealthy entrepreneurs want to develop their business. The search for a way of attracting foreign capital to countries has led to the creation of unique offers. Thus, it is possible to apply for and obtain a second passport in dozens of countries. To evaluate the programs, it is necessary to take into account the requirements for applicants and citizenship advantages. Pay attention to the opportunities to continue working, but under new (more attractive) conditions. A vivid example is Dominica citizenship by investment, this program has many advantages. It has been available for more than 30 years.

Investors have been able to participate in the program since 1993, but foreigners who choose a new place to live should keep several factors in mind.

Affordability: The cost of application is from 100 thousand dollars. The capital is directed to the state fund or to the purchase of real estate. Immigrants choose the best option taking into account their interests.

Features: It is possible to make an application remotely. Contact accredited agents to get this done. There is no requirement for compulsory visit to the country, which makes the program attractive and profitable.

Advantages: The taxation system, soft conditions and fast processing of applications are part of the privileges offered to foreigners, but the country creates a favorable atmosphere for living and working.

There are many reasons to opt for the multi-year investment program. Strong passport holders enjoy the benefits and create new businesses. To make your decision in favor of Dominica even easier, take a look at the main benefits. The strength of the second passport is determined by the capacity of the holders. The country is interested in capital inflows, which is why it is strengthening its position in the international arena. The high status of the state can be confirmed by the presence of visa-free agreements. Travel to other countries takes place without applying for a visa. This means that entrepreneurs move freely around the world. The high standard of living, medical care and stable situation in the Caribbean country help to consolidate Dominica's position at the international level.

Processing Speed

Application processing time is the first thing immigrants are interested in. Thus, countries with a minimum term receive more applications from foreigners. One of the many benefits of Dominica passport is issuance of decisions within 3 months from the moment of registration. Verification of investor's data and documents takes minimum time. The applicant only needs to confirm his/her trustworthiness and receipt of capital in a legal way. The results of the review are sent to the investor's address or transmitted through a trusted agent.

Visa-Free Access

The introduction of a visa-free regime helps to maintain work and develop business. Countries sign agreements so that permanent residents can cross borders without hindrance. It is possible to draw up visitation papers on arrival, and there is no need to apply in advance. Traveling to more than 150 countries around the world makes for a strong passport. Dominicans visit Schengen zone, European Union and Asian countries with special comfort. These Dominica passport benefits are enough to make you think about moving to the island.

Financial Advantages

Financial stability is the next pros passport. Holders avoid double taxation and pay taxes under a simplified system. The country does not tax capital that is received abroad and also exempts from tax on gifts, dividends, inheritance, capital gains, personal funds. Thanks to this feature, foreign investors enjoy an excellent tax environment combined with other Dominica second citizenship benefits. Access to the privileges is granted immediately after the passport is issued. The investment and loyal conditions of the immigrant program attract the attention of wealthy investors.

Island countries with excellent climate and financial stability are attractive for investors. Simple conditions and a low entry threshold allow for several benefits after immigration. The applicant has the right to include close family members in the application and offers new prospects for heirs. The remote mode of application is an attractive option. It is enough to conclude a contract with an accredited agent and analyze the offered options. Investments with a payback period of 3 years bring official status and additional profit.