A Comprehensive Guide to Long-term Residency in Dominica

Capital: Roseau

Population: 72,412 (2021, 186th)

Ethic Group: 75% African, 19% Multiracial, 4% Kalinago, 0.8% European or Other

Area: 750 km² (174th)

Offical Language: English

Currency: East Caribbean dollar( pegged to the United States dollar, at the exchange rate of US$1 = EC$2.70)

GDP per Captial: $14,348 (2023)

Human Development Index: 0.740 (97th)

Country Profile：

Dominica is a small island nation located between the Caribbean Sea and the Atlantic Ocean. It is a member of the Commonwealth of Nations, the Organization of American States, the Francophonie, and the Organization of Eastern Caribbean States. The country is renowned for its pristine natural environment and rich ecosystems, boasting a variety of tourist attractions including volcanoes, waterfalls, and tropical rainforests, making it a paradise for nature lovers.

Economically, Dominica’s main sectors are agriculture, tourism, and light industry. The primary agricultural products include bananas, citrus fruits, and coffee. The main light industries are food processing, clothing, and leather goods.

In recent years, Dominica’s economy has gradually transitioned, with tourism becoming a key economic pillar. The country is also emerging as one of the offshore financial centers in the Caribbean, attracting significant foreign investment with its tax-free policies.

Dominica’s culture is a blend of African, Caribbean indigenous, French, and British influences, with a rich tradition of music, dance, and festivals. Every October, Dominica hosts the Creole Music Festival, one of the most important cultural events in the Caribbean region.

Immigration And Visa System:

Saint Kitts and Nevis, Antigua and Barbuda, Dominica, Grenada, and Saint Lucia are the five Caribbean countries that offer citizenship by investment programs, commonly known as passport programs.

Among these, the Dominica Citizenship by Investment Program allows applicants to obtain local citizenship without ever entering the country, completing the process entirely overseas in approximately three months by exchanging funds for citizenship.

As of July 2024, the minimum investment requirement for this program has been raised to $200,000. Applicants can choose between two economic options to obtain Dominican citizenship: making a donation or purchasing real estate.

In addition to the passport program, Dominica also offers a digital nomad visa program called WIN (Work in Nature) for remote workers worldwide.

The WIN visa requires applicants to be remote workers with an annual income of at least $50,000. This is a non-immigrant visa with a validity of one and a half years, and it cannot be renewed upon expiration.

Visa Exemption:

People from Antigua and Barbuda, Saint Lucia, Saint Kitts and Nevis, Saint Vincent and the Grenadlines, and Grenada can work and live in Dominica freely.

Tax Implication:

Dominica does not impose major taxes such as property tax, gift tax, inheritance tax, capital gains tax, or tax on foreign income. Additionally, citizens who do not reside in Dominica can enjoy exemption from income tax.

The local government also offers various other tax incentives and benefits for investments, including no restrictions on repatriating corporate profits or imported capital, substantial export subsidies, tax-free trade within the Caribbean region, and complete exemption from import duties.

Passport Power：

Dominica recognizes dual citizenship, and its passport ranks 35th globally. Citizens can travel freely (visa-free, visa on arrival or e-visa) to 137 countries and regions as of May 16, 2024.

Useful Links:

The Dominica Citizenship by Investment unit：https://www.cbiu.gov.dm

Dominica WIN visa：https://windominica.gov.dm/

Dominica Tourism Board：https://discoverdominica.com/en/travel-advisory-for-dominica