Authorised Agents play a huge role in facilitating Dominica’s CBI Programme. Authorised Agents are licensed by a country’s Citizenship by Investment Unit (CBIU) to perform citizenship services on behalf of applicants for the investment programme, as well as market it internationally. All applications must be processed through Authorised Agents.
Basic Eligibility
Authorised Agents must be:
- Citizens of the Commonwealth of Dominica;
- Reside in Dominica or have their main office registered in Dominica with a minimum of 3 staff; and
- Must undergo due diligence background checks by independent due diligence firms and the JRCC, to main such designation.
Authorised Agents must re-apply every year to renew their licence and pay the requisite licencing fees.
Role of Authorized agents
The roles of the Authorised Agent are diverse and numerous. Primarily, their services include:
- Liaise with the Citizenship by Investment Unit in relation to an application
- Receive and digest policies and guidance issued by the Government and Citizenship by Investment Unit
- Provide guidance as to forms and documentary requirements, including translation, certification, and legalisation requirements
- Perform KYC checks on all applicants and submit such checks to the Citizenship by Investment Unit together with the application
- Ensure the accurate promotion and dissemination of the Citizenship by Investment Programme across all channels in accordance with the Regulated Promotional Guidelines
- Support and monitor sub-agents and Licenced Promoters
All of Dominica’s CBI revenue is therefore processed through Authorised Agents.
List of Authorized Agents
It is mandatory for Dominica’s CBIU that a full list of Authorised Agents and Licenced Promoters are published online through the CBIU’s official website, as this ensures transparency about the legitimacy of licenced advisors.
