{"id":22532,"date":"2025-02-27T06:28:43","date_gmt":"2025-02-27T06:28:43","guid":{"rendered":"https:\/\/simplydev.co\/dominica\/?page_id=22532"},"modified":"2026-03-31T14:04:56","modified_gmt":"2026-03-31T14:04:56","slug":"economic-diversification-fund","status":"publish","type":"page","link":"https:\/\/simplydev.co\/dominica\/investment-options\/economic-diversification-fund\/","title":{"rendered":"Economic Diversification Fund"},"content":{"rendered":"<h1>Economic Diversification Fund<\/h1>\n<h2>Overview of the Economic Diversification Fund <\/h2>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"151\" height=\"151\" src=\"https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/10\/Artboard-2-copy.png\" alt=\"\" srcset=\"https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/10\/Artboard-2-copy.png 151w, https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/10\/elementor\/thumbs\/Artboard-2-copy-qwb7ups36aeq1bfmt3vsrfmbrsmslmfhqx3z5xmh2g.png 100w\" sizes=\"auto, (max-width: 151px) 100vw, 151px\" \/><br \/>\n\t\tMinimum Investment:<br \/>\nUS$200,000<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"151\" height=\"151\" src=\"https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/10\/Artboard-2.png\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Full residence status &#8211;<br \/>including working rights<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"151\" height=\"151\" src=\"https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/10\/Artboard-2-copy-2.png\" alt=\"\" srcset=\"https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/10\/Artboard-2-copy-2.png 151w, https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/10\/elementor\/thumbs\/Artboard-2-copy-2-qwb7ugdp9y1ut7tabztj2hzptxx4gne6dml4d60eso.png 100w\" sizes=\"auto, (max-width: 151px) 100vw, 151px\" \/><br \/>\n\t\tMinimal<br \/>\nTaxation<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"151\" height=\"151\" src=\"https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/10\/Artboard-2-copy-6.png\" alt=\"\" \/><br \/>\n\t\tHold multiple<br \/>\ncitizenships<br \/>\n\t\t\t\t\t<a href=\"https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/11\/Dominica_CBIU_Brochure_2024_F.pdf\" target=\"_blank\"><br \/>\n\t\t\t\t\t\t\t\t\tDownload Brochure here<br \/>\n\t\t\t\t\t<\/a><\/p>\n<h2>Dominica Economic Diversification Fund (EDF): Terms of the Programme<\/h2>\n<p>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.<\/p>\n<p>The cost of the contribution will be determined by the number of dependants included in the application \u00e2\u20ac\u201dthis refers to anyone who relies on the main applicant as a primary source of income, including spouses, children, parents and grandparents.<\/p>\n<h2>Key EDF Investment Information <\/h2>\n<ul>\n<li>The applicant is responsible for paying the full minimum EDF contribution under the laws and regulations that govern the Dominica CBI Programme.<\/li>\n<li>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.<\/li>\n<li>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).<\/li>\n<\/ul>\n<p>https:\/\/youtu.be\/HaokaDDfIck<\/p>\n<p><strong>IMPORTANT:\u00c2\u00a0<\/strong>Any payments in EUR or GBP must be equivalent to or greater than the minimum EDF contribution amount in USD; otherwise, they will be rejected as insufficient.<\/p>\n<h2>Dominica EDF Investment Fees<\/h2>\n<p>To gain Dominican citizenship through the EDF investment option, an applicant must contribute at least US$200,000.<\/p>\n<ul>\n<li><strong>US$200,000<\/strong> (two hundred thousand United States dollars) for the main applicant;<\/li>\n<li><strong>US$250,000<\/strong> (two hundred and fifty thousand United States dollars) for the main applicant and up to three qualifying dependants;<\/li>\n<li><strong>US$25,000<\/strong> (twenty-five thousand United States dollars) for any additional dependant under the age of eighteen;<\/li>\n<li><strong>US$40,000<\/strong> (forty thousand United States dollars) for any additional dependant eighteen years of age or older;<\/li>\n<\/ul>\n<h4>Additional Fees:<\/h4>\n<p>The following fees must be paid in addition to the minimum EDF contribution:<\/p>\n<ul>\n<li><strong>Processing Fees -US$1,000<\/strong> per application;<\/li>\n<li><strong>Due diligence fees<\/strong>&nbsp;\u00e2\u20ac\u201c <strong>US$7,500<\/strong> for the main applicant, <strong>US$4,000<\/strong> for any dependants aged 16 or above;<\/li>\n<li>In some cases,&nbsp;<a style=\"color: #000000;\" href=\"https:\/\/simplydev.co\/dominica\/dominica-citizenship\/enhanced-due-diligence\/\"><strong>enhanced due diligence fees<\/strong><\/a>&nbsp;may be required depending on current citizenship status, and other personal circumstances;<\/li>\n<li><strong>Certificate of Naturalisation fee<\/strong>&nbsp;\u00e2\u20ac\u201c <strong>US$500<\/strong> per person;<\/li>\n<li><strong>Mandatory interview fees<\/strong> \u00e2\u20ac\u201c All applicants aged 16 and over will be subject to an interview fee of <strong>US$1,000<\/strong> per interview.<\/li>\n<li>Enhanced due diligence fees may apply<strong>.<\/strong><\/li>\n<\/ul>\n<p><strong>NOTE:<\/strong> Additional \u00e2\u20ac\u02dcgovernment fees\u00e2\u20ac\u2122 are not required by those applying for Dominican citizenship with an EDF contribution. These fees are only relevant to applicants who <a href=\"https:\/\/simplydev.co\/dominica\/investment-options\/real-estate\/\">invest in real estate.<\/a><\/p>\n<h2>About the EDF<\/h2>\n<p>The Economic Diversification Fund (EDF) is a Dominican Government Programme supporting socio-economic initiatives with the aim of driving national development. This was established through the country\u00e2\u20ac\u2122s 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.<\/p>\n<p>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.<\/p>\n<p>\t\t\t\t\t\t[elementor-template id=&#8221;22862&#8243;]<br \/>\n\t\t\t\t\t\t[elementor-template id=&#8221;22896&#8243;]<br \/>\n\t\t\t\t\t\t[elementor-template id=&#8221;22897&#8243;]<br \/>\n\t\t\t\t\t\t[elementor-template id=&#8221;22898&#8243;]<br \/>\n\t\t\t\t\t\t[elementor-template id=&#8221;22899&#8243;]\t\t\t\t\t<\/p>\n<h2>Dominica EDF: A step by step guide<\/h2>\n<h3>Step 1: Select an Authorised Agent<\/h3>\n<p>Applicants must select an\u00c2\u00a0<a href=\"https:\/\/simplydev.co\/dominica\/dominica-citizenship\/authorised-agents\/\"><strong>Authorised Agent<\/strong><\/a>\u00c2\u00a0or official\u00c2\u00a0<a href=\"https:\/\/simplydev.co\/dominica\/dominica-citizenship\/promoters\/\"><strong>promoter<\/strong><\/a>\u00c2\u00a0from the CBIU website to assist throughout the process, handling documentation and communication with the CBI Unit.<\/p>\n<h3>Step 2: Due Diligence Process<\/h3>\n<p>Once due diligence fees are paid, the agent submits the application, which undergoes a multi-tiered due diligence process.<\/p>\n<h3>Step 3: Make the Investment<\/h3>\n<p>If approved in principle, the applicant makes the investment, paying the applicable fees in full.<\/p>\n<h3>Step 4: Receive your citizenship<\/h3>\n<p>Applicants will receive their Dominican citizenship and can apply for their new passport.<\/p>\n<p>\t\t\t\t\t<a href=\"https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/11\/Dominica_CBIU_Brochure_2024_F.pdf\" target=\"_blank\"><br \/>\n\t\t\t\t\t\t\t\t\tDownload Brochure<br \/>\n\t\t\t\t\t<\/a><\/p>\n<h2>The benefits of Dominica Citizenship by EDF Investment <\/h2>\n<p>For those who meet Dominica\u00e2\u20ac\u2122s Programme requirements, the idyllic Caribbean Island offers one of the best standards of living in the region. Dominica is politically and economically stable, with a low crime rate and rich investment opportunities. Other benefits include:<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"151\" height=\"151\" src=\"https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/10\/Artboard-2-copy-10.png\" alt=\"\" \/><br \/>\n\t\tFull residence status &#8211;<br \/>\nincluding working rights<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"151\" height=\"151\" src=\"https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/10\/Artboard-2-copy-15.png\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Joining a global community that transcends Dominica&#8217;s land borders<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"151\" height=\"151\" src=\"https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/10\/Artboard-2-copy-11.png\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Minimal taxation, with no wealth, gift, inheritance, foreign income, or capital gains tax<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"151\" height=\"151\" src=\"https:\/\/simplydev.co\/dominica\/wp-content\/uploads\/2024\/10\/Artboard-2-copy-16.png\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>The ability to hold multiple citizenships<\/p>\n<h2>Why choose Dominica Citizenship by Investment Unit<\/h2>\n<p>The Dominica Citizenship by Investment Unit (CBIU) stands out as a trusted entity in the realm of citizenship programmes.<\/p>\n<ul>\n<li>Renowned for its commitment to efficiency and transparency, the CBIU has established a robust framework that ensures a smooth application process.<\/li>\n<li>This trust is further bolstered by the Government\u00e2\u20ac\u2122s stringent due diligence measures, which thoroughly vet applicants to maintain the integrity of the Programme.<\/li>\n<li>The CBIU\u00e2\u20ac\u2122s dedication to national development through investments in various sectors, including real estate and the Economic Diversification Fund, reflects its mission to enhance the country\u00e2\u20ac\u2122s economy while providing valuable opportunities for investors.<\/li>\n<li>Choosing the CBIU means aligning with a reputable organisation that prioritises both the interests of its applicants and the welfare of Dominica, making it an ideal choice for those seeking citizenship through investment.<\/li>\n<\/ul>\n<p>You can\u00c2\u00a0<a href=\"https:\/\/simplydev.co\/dominica\/dominica\/citizenship-investment-unit\/\"><strong>learn more about the Unit here<\/strong><\/a>.<\/p>\n<h2>Real Estate Investment | An alternative to the EDF<\/h2>\n<p>As well as obtaining Dominican Citizenship via the Economic Diversification Fund, you could instead choose to <a href=\"https:\/\/simplydev.co\/dominica\/investment-options\/real-estate\/\">invest in Real Estate.<\/a><\/p>\n<h2>Frequently Asked Questions<\/h2>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<a tabindex=\"0\">What is the Dominican Economic Diversification Fund?<\/a><\/p>\n<p>The Dominican Economic Diversification Fund (EDF) stands as a pivotal initiative aimed at fostering sustainable growth in Dominica&#8217;s economy. By promoting diversification, it seeks to reduce reliance on traditional industries, like agriculture and tourism. Instead, the fund encourages investment in sectors such as renewable energy, technology, and infrastructure. Such strategic investments can lead to job creation and enhanced living standards for residents. Investors can obtain citizenship in Dominica via this investment option.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<a tabindex=\"0\">What is the CBI programme Dominica?<\/a><\/p>\n<p>Dominica&#8217;s Citizenship by Investment (CBI) programme represents an attractive pathway for foreign investors seeking citizenship. Launched in 1993, this Programme offers individuals the opportunity to obtain citizenship through significant financial contributions. Investors may choose between the Economic Diversification Fund or real estate investment options. The CBI programme not only stimulates economic growth but also provides individuals and families with citizenship for life that comes with numerous benefits.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<a tabindex=\"0\">How much does it cost to become a Dominica citizen?<\/a><\/p>\n<p>The cost of obtaining Dominica citizenship through the CBI programme varies based on the chosen investment route. Generally, the minimum contribution to the Economic Diversification Fund starts around US$200,000 for a single applicant. For real estate investment, the minimum threshold is also around US$200,000. Additional fees, including due diligence and processing costs, may also apply.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<a tabindex=\"0\">What are the steps involved to obtain Dominica citizenship?<\/a><\/p>\n<p>Acquiring Dominica citizenship involves several key steps. First, potential applicants must select an authorised agent to facilitate the process. Next, they need to choose an investment option that aligns with their preferences. Subsequently, applicants must submit the required documents, including proof of funds and identification. After thorough due diligence, the application is reviewed. Upon approval, the investment is made, leading to the issuance of citizenship.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<a tabindex=\"0\">How to obtain Dominican dual citizenship?<\/a><\/p>\n<p>Dominica allows dual citizenship, which means individuals can hold citizenship in another country while enjoying the benefits of Dominican citizenship. To obtain dual citizenship, one must first secure Dominica citizenship through the CBI Programme. It is essential to check the laws of the other nationality to ensure dual citizenship is permitted. Many countries recognise this arrangement, making Dominica an appealing option for those seeking flexibility and opportunity on a global scale.<\/p>\n<h2>Recent articles<\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Economic Diversification Fund Overview of the Economic Diversification Fund Minimum Investment: US$200,000 Full residence status &#8211;including working rights Minimal Taxation Hold multiple citizenships Download Brochure here Dominica Economic Diversification Fund (EDF): Terms of the Programme To qualify for Dominican citizenship through the Citizenship by Investment Programme, applicants must make a non-refundable contribution starting at US$200,000 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":22530,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-22532","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/simplydev.co\/dominica\/wp-json\/wp\/v2\/pages\/22532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/simplydev.co\/dominica\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/simplydev.co\/dominica\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/simplydev.co\/dominica\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/simplydev.co\/dominica\/wp-json\/wp\/v2\/comments?post=22532"}],"version-history":[{"count":0,"href":"https:\/\/simplydev.co\/dominica\/wp-json\/wp\/v2\/pages\/22532\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/simplydev.co\/dominica\/wp-json\/wp\/v2\/pages\/22530"}],"wp:attachment":[{"href":"https:\/\/simplydev.co\/dominica\/wp-json\/wp\/v2\/media?parent=22532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}