Welcome to Dominica’s Citizenship By Investment Program

In keeping with PEAEYEA’s pursuit of launching and growing products in emerging markets, our Managing Directors have stepped into the Citizenship By Investment Market, whereby our clients can reap the benefits of dual citizenship. There are numerous benefits to holding dual citizenship.

 

Top Five Benefits of a Second Passport

1. Ease of Travel – No hassle visa-free or visa-upon-arrival travel to over more countries including major travel hubs
2. Improved Visa Application – Apply for quota student and resident visas for you and your family
3. Haven Oasis – Take refuge if you need to in the event of civil or business turmoil in your home country
4. Pursue Your Business Dreams – Secure global partners, financers and clients for your emerging or mature business growth
5. Multiple Citizenships

The Commonwealth of Dominica is an island gem in the Caribbean, with a tailor-made investment opportunity for a country like Nigeria.

 

Top Five Reasons to Choose The Commonwealth of Dominica

1. Full Residence Status – Including working rights
2. Global Mobility – Including visa-free travel to over 140 countries from Singapore and Hong Kong to the European Union and the United Kingdom
3. Minimum Taxation – No wealth, gift, inheritance, foreign income or capital gains tax
4. Financial Portfolio Diversification – Holding shares and title rights to tangible assets
5. Voted The Best – By the CBI Index that ranks all government Citizenship programs

In addition to our clients’ investment in tangible island assets, our clients also receive their golden key to travel; a Commonwealth of Dominica Passport.

Nigeria is one of the most populated countries with segments of tremendous growth and opportunity.

In order to continue to fuel Nigeria’s tremendous growth on a global level, the Citizenship By Investment program provides opportunity seeking, business and entrepreneur Nigerians hassle free travel that enable them to pursue their dreams and goals. Whether the dream is the pursuit of education abroad, global business partnerships or marketing the many Nigerian opportunities to the world, Nigerians can now travel with peace of mind.

We have worked hard to make travel easy for you.

Top Four Reasons to Choose PEAEYEA

1. A company with a global reach (offices in USA, UK and Dominica)
2. Customized Choices – Select one of our three tiers that best fits your needs
3. Broker of Record – Simply put, we’re here for you for as long as you need us
4. World Class Service – We work with only the best agents and service providers

PEAEYEA has condensed the complicated application process into an easy five-step “Steps to Success” process that PEAEYEA chaperones for you, the Citizenship By Investment Client. 

 

Steps to Citizenship

 

				5. Client makes payment and receives certification ***
			4. PEAEYEA will prepare and submit your application **
		3. PEAEYEA will guide you through the background check*
	2. PEAEYEA will make the introduction with your new country for you
1. PEAEYEA has an exclusive relationship with the best authorized agent for you

Economic Diversification Fund

The Economic Diversification Fund (EDF) is a Dominican Government program supporting socio-economic initiatives with the aim of driving national development. This was established through the country’s Citizenship by Investment Programme, as one component of a national capital mobilization portfolio. Applicants can acquire economic citizenship to Dominica by making a financial contribution to its EDF.

All money generated for the EDF fund goes towards improving projects in the public and private sector which are in need of financial support. These include building schools, renovating hospitals, and the creation of a national sports stadium, as well as a variety of other undertakings across numerous industries such as tourism, information technology and agriculture.

Minimum EDF Contribution Requirements

To qualify for Dominican citizenship through the Citizenship by Investment program, applicants must make a non-refundable contribution to the EDF.

The cost of your contribution will be determined by the number of dependents included in the application—this refers to anyone who relies on you as a primary source of income, including children. Spouses, parents or other family members may also qualify.

Single applicant: USD 100,000

Spouse of the main applicant: USD 50,000

Sibling of the main applicant or of the spouse of the main applicant aged 18-25: USD 50,000

Any dependant other than the spouse of the main applicant or a sibling of the main applicant or of the spouse of the main applicant aged 18-25: USD 25,000 each

Family of four including the main applicant, the spouse of the main applicant, and two other dependents other than a dependent sibling: USD 175,000

Additional EDF Fee

The following fees must be paid in addition to the minimum EDF contribution:

PROCESSING FEES

Per application – USD 1,000

DUE DILIGENCE FEES

Main applicant – USD 7,500

Spouse – USD 4,000

Dependent aged 16 years or above – USD 4,000

*Enhanced due diligence checks and fees may sometimes be required, depending on the applicant’s current citizenship status, and other personal circumstances.

 

OTHER FEES

Certificate of Naturalization fee – USD 250 per person

Expedited passport issuance fee – USD 1,200 per person

NOTE: ADDITIONAL ‘GOVERNMENT FEES’ ARE NOT REQUIRED BY THOSE APPLYING FOR DOMINICAN CITIZENSHIP WITH AN EDF CONTRIBUTION. THESE FEES ARE ONLY RELEVANT TO APPLICANTS WHO INVEST IN REAL ESTATE.

Economic Diversification Fund Payment Information

The applicant is responsible for paying the full minimum EDF contribution under the laws and regulations that govern the Dominica CBI Program.

Payments will be made via bank transfer, and any applicable bank charges must also be paid to ensure the Government receives the full EDF contribution amount.

Full minimum EDF contribution amounts are expressed in United States dollars (USD).

However, the Government will also accept payments in euros (EUR) and pound sterling (GBP).

IMPORTANT: Any payments in EUR or GBP must be equivalent to or greater than the minimum EDF contribution amount in USD.

Any payment that falls below this on the day the payment is processed will be rejected as insufficient.

* Background check fees are payable at the beginning of the application process and are non refundable

** Government Fees are payable at the time of application submission and are non refundable

*** Payment for your investment in the asset of choice precedes certification

Contact us so we can get you started on your journey to hassle free travel and island investment.