The Economic Diversification Fund (EDF) is an eligible citizenship by investment pathway setup by Dominican Government for 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 mobilisation portfolio. Applicants can acquire economic citizenship to Dominica by making a financial contribution to its EDF.
All money generated from the EDF goes towards improving projects in the public and private sector which are in need of financial support. These projects 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.
we invite individuals and families from around the world to invest in our country, and in exchange we promise to provide them with citizenship of Dominica
EDF Investment Fees
To qualify for Dominican citizenship through the Citizenship by Investment Programme, applicants must make a non-refundable contribution starting at US$200,000 for the main applicant to the EDF. The cost of the contribution will be determined by the number of dependants included in the application —this refers to anyone who relies on the main applicant as a primary source of income, including spouses, children, parents and grandparents.
To gain Dominican citizenship through the EDF investment option, an applicant must contribute at least US$200,000.
- US$200,000 (two hundred thousand United States dollars) for the main applicant;
- US$250,000 (two hundred and fifty thousand United States dollars) for the main applicant and up to three qualifying dependants;
- US$25,000 (twenty-five thousand United States dollars) for any additional dependant under the age of eighteen;
- US$40,000 (forty thousand United States dollars) for any additional dependant eighteen years of age or older;
Additional Fees:
The following fees must be paid in addition to the minimum EDF contribution:
- Processing Fees -US$1,000 per application;
- Due diligence fees – US$7,500 for the main applicant, US$4,000 for any dependants aged 16 or above;
- In some cases, enhanced due diligence fees may be required depending on current citizenship status, and other personal circumstances;
- Certificate of Naturalisation fee – US$500 per person;
- Mandatory interview fees – All applicants aged 16 and over will be subject to an interview fee of US$1,000 per interview.
- Enhanced due diligence fees apply to Iranian applicants and can be viewed here.
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.
Conditions
- The applicant is responsible for paying the full minimum EDF contribution under the laws and regulations that govern the Dominica CBI Programme.
- 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).
