Cabrits Resort Kempinski is a world class luxury resort and hotel built on white sand beach on Douglas Bay and surrounded by Cabrits National Park in Dominica providing natural and balanced guest experience.
Dominica is famous being home to 365 rivers, waterfalls and boiling springs.
Cabrits Resort Kempinski, Dominica is the first government approved real estate project in Dominica under the Citizenship by Investment Program. A minimum investment of US$ 220,000 in the project will entitle investors and their families to the citizenship of the Commonwealth of Dominica. Investors may obtain citizenship by making a real estate investment in Cabrits Resort Kempinski Dominica. Dominica’s citizenship may be obtained without language, residence or visit requirements.
Dominica’s Economic Citizenship by Investment Program was established in 1993. Investors may obtain citizenship by making a real estate investment in an approved project. Dominica’s citizenship may be obtained without language, residence or visitation requirements.
- Citizenship for life, including an unlimited number of eligible dependents, passed down to generations
(applicants are not required to visit or reside on the island) - Dominica Passport is issued in approximately 90-120 days of filing an application and valid for 10 years.
- Dual citizenship is permitted without the requirement to notify the applicant’s home country
- Generous tax regime – no wealth, gift, inheritance, foreign income or capital gains tax
- With the currency pegged to the US dollar, a favorable business development environment
- Visa free travel to over 120 countries including the United Kingdom, Schengen countries, Hong Kong, Singapore and many others.
- Full residency status and the right to work in Dominica.
To maintain citizenship, investors are required to hold their qualifying investment for a period of three years, after which they may sell it. To maintain citizenship, investors are required to hold their qualifying investment for a period of 3 years. A subsequent investor may use the investment unit in support of an application for citizenship on the fifth anniversary of the original investors grant of citizenship. Based on income and capital gain projections, the investor is expected to receive an amount equivalent to the capital invested and the majority of government fees paid at the outset, following the expiry of 3-year period. This estimation is based on the historical increase in citizenship prices
To qualify for citizenship in Dominica, the minimum investment is US$220,000 for each main applicant. Investors are also required to pay additional taxes and government fees.
The overall cost for a family of four is detailed below*:
| Cost of share | US$ 220,000 | |
| Government fees for the main applicant, a spouse and 2 dependents | US$ 75,000 | |
| Due Diligence fees** | US$ 15,000 (US$ 7,500 for the main applicant + US$ 7,500 for the spouse) | |
| Share registration fees | US$ 8,800 | |
| Government processing fees | US$ 3,000 | |
| Certificate of Naturalisation, including stamp fees | US$ 3,000 (US$ 750 x 4) | |
| Total Cost for a family of 4 | US$ 324,800 |
* Professional fees for citizenship processing are payable for all applications and will vary depending on the number of dependents
** Dependents above the age of 16 will be required to pay due diligence fees of US$ 4,000
Step 1 – Reservation Form
The investor signs a reservation form and submits a deposit of $22,000 against the investment of $220,000 to secure their interest in the investment. Range Developments can assist the investor with selecting a service provider to process the application.
Step 2 – Application Forms & Document Submission
The investor collates the required documents and completes the required application forms with the assistance of their service provider(s). Processing fees and due diligence fees ($7,500 for the main applicant, $7,500 for the spouse, $4,000 for each dependent above the age of 16) must be paid along with the application directly to the service provider. The investor will execute the Sale & Purchase Agreement at this stage.
Step 3 – Application Processing & Payment
Application processing takes approximately 90-120 days from filing an application. Within 7 days upon approval of the application, the investor will pay the remaining balance of $198,000 and applicable government fees and share registration fees. Range Developments will issue an Ownership Certificate to the investor.
Step 4 – Closing and Transfer
Proof of ownership will be submitted to the government and the Citizenship Unit will issue the Certificate(s) of Citizenship and subsequently Passport(s). This usually takes 3-4 weeks.
Under the most recent regulations (dated 23rd October 2014), there is no requirement to have an interview prior to Citizenship or to visit or reside in Dominica.
