In the Commonwealth of Dominica’s Immigration and Passport Department, the launch of a new biometric passport was officially announced on July 19, 2021.
If you are currently an applicant to the Commonwealth of Dominica Citizenship by Investment Program through Savory & Partners and are close to receiving your second citizenship and passport, please contact us for detailed information on this subject.
An e-passport, or commonly known as a biometric passport, is a regular passport booklet containing an electronic chip on the cover. The chip includes the passport bearer’s information used to authenticate the passport holder’s identity and provides an extra layer of security against passport fraud.
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In fact, many countries are moving towards the issue of biometric passports. As of 2020, over 150 nations were issuing e-passports.
There are many reasons why wealthy individuals and investors acquire a second passport through the Dominica Citizenship by Investment Program. Holding a passport from the Commonwealth of Dominica grants citizens visa-free or visa-on-arrival access to over 135 countries and territories worldwide, including popular regions like the United Kingdom, the Schengen Area and Singapore, which means investors and their families enjoy the freedom of movement around the world.
The main reason why Domnica is a favoured path to a second passport is due to its fast, efficient and straightforward application process.
Take a look at the multiple benefits and opportunities that come with holding citizenship and passport from the Commonwealth of Dominica:
The Commonwealth of Dominica places no tax on foreign income, capital gains, dividends, gifts, wealth and inheritance. In addition, the Commonwealth of Dominica has double taxation treaties with the United States of America and CARICOM countries, like St. Kitts and Nevis and Grenada. There are also many corporate tax incentives, a complete waiver from import duties, and tax relief benefits and export allowance. The island nation is also known to offer generous tax holidays and other import duty and tax waivers.
The main reason why Domnica is a favoured path to a second passport is due to its fast, efficient and straightforward application process. In fact, the Commonwealth of Dominica boasts one of the quickest turnaround times from the date of application submission.
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The entire procedure is straightforward and transparent, with investors receiving their new citizenship from as little as three months to six months at the most. Also, the Commonwealth of Dominica government does not require applicants to pass any interviews and language tests, nor do they have to possess any previous work experience to apply to this program.
Once your application is approved and you obtain your naturalization certificate and passport, you and your family will be granted Dominica citizenship for life. The passport is valid for five years, after which you will need to apply for another 5-year extension. Your Dominica citizenship may be passed down to your future generations.
The Commonwealth of Dominica CBI program has no physical residency requirements, and applicants do not have to visit before or after the application process. This aspect of the program is especially welcomed now that the world is moving into a post-COVID-19 era and adapting to a new contactless norm.
Investors can apply as a single applicant or as a family – where a spouse, biological or adopted children under 30 years old, and parents aged 55 and above can be added to the same citizenship application. The Commonwealth of Dominica Citizenship by Investment Program is one of the easiest and fastest ways to secure a safe and prosperous present and future for yourself and your family in this unpredictable world.
Your place of birth should not limit your personal and professional goals; the acquisition of Dominica passport can provide you with incredible opportunities abroad for yourself and your loved ones.
The Commonwealth of Dominica provides an attractive tropical environment with a growing economy and a high standard of living that is perfect as a second home for investors and their families; the island nation is undoubtedly most people’s idea of paradise.
Savory & Partners is a government-approved agency that specializes in High-Net-Worth individuals applying to any Citizenship by Investment program. We are a British Authorised Agent with decades of experience who has helped over 1100 families obtain a second citizenship.
If you would like to apply to the Dominica Citizenship by Investment Program or want to learn more about our citizenship or residency by investment programs on offer, then contact us today for a free online consultation and one of our agents will happily aid you in your endeavours.
We are available on every channel convenient for you.
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