The Commonwealth of Dominica is the most cost-efficient citizenship-by-investment market in the MPH portfolio — and one of the most affordable in the world. Zero capital gains tax, zero annual property tax, and direct citizenship (not residency) from USD 200,000 in approved real estate combine with 4–6% gross coastal yields on a pristine volcanic island with protected natural capital. The full report covers what the sales brochures don’t: the 20–22%+ total acquisition costs driven by the mandatory Alien Landholding License, the Exit Score 6.5 reality of a thin secondary market, and exactly how the CBI programme works in practice for real-estate-route investors.
Citizenship from USD 200K, 0% CGT, 0% Property Tax, 4–6% Coastal Yields, 20–22%+ Acquisition Costs, Exit Score 6.5
Want the full report? See what members get →
✓ Report on its way.
Check your inbox within 5 minutes.
Independent research · No developer affiliation · Unsubscribe anytime
Dominica (Commonwealth of Dominica — not the Dominican Republic) occupies a specific and valuable niche in the MPH portfolio: it is the most affordable direct citizenship-by-investment programme available in any market we cover. USD 200,000 in a CBI-approved property buys a Dominica passport with 150+ destination visa-free access, no physical presence requirement, and the possibility of a 5-year hold followed by resale of the approved property. Combined with zero CGT, zero annual property tax, and Caribbean coastal yields at a steep discount to Mediterranean comparables, the investment case is genuine. What the brochures consistently understate: total acquisition costs of 20–22%+ are the highest in the Caribbean tier of the portfolio, driven by a mandatory 10% Alien Landholding License for all foreign buyers. And the Exit Score of 6.5 reflects a real limitation: this is a thin, bilateral secondary market with no deep institutional buyer pool. Build the exit into your underwriting before you commit.
Dominica’s Citizenship by Investment Programme offers something categorically different from most of the portfolio’s residency routes: direct citizenship, not a pathway to citizenship. Once approved, the investor and qualifying dependents receive a Dominica passport — not a temporary resident card, not a permanent residence permit. The real estate route requires a minimum USD 200,000 investment in a government-approved CBI property. No physical presence in Dominica is required at any point, and the resulting passport carries 150+ destination visa-free or visa-on-arrival access, including Schengen area access for most holders. The full programme mechanics — government fees, processing timelines, holding rules, and where the approved stock actually sits — are mapped in the full member report.
Already a member? Open the full report in your portal →
Caribbean coastal and eco-lifestyle assets with citizenship, 0% CGT, 0% annual property tax, and 4–6% gross coastal yields at USD 800–1,500/m² represent a genuine deep discount to developed-world sun-and-sea markets charging 3–5x more per m² for comparable yields. Where the arbitrage case is strongest — and the acquisition-cost friction that caps the score — is in the member report.
Front-line coastal land in the southwest corridor is genuinely constrained by volcanic topography, marine reserve boundaries, and environmental planning rules. Only a limited number of developments qualify for CBI approval at any given time, creating a two-tier market where approved projects enjoy structural demand advantages. Where scarcity bites hardest — and where the developable land actually is — is mapped in the member report.
One of the lower Exit Scores in the Caribbean tier, and it should be taken seriously. The Dominica secondary market is thin, bilateral, and cyclical, with no institutional buyer pool. The full liquidity map — realistic sale timelines, who the buyers actually are, and how the entry cost shapes exit pricing — is in the member report.
This report says "Dominica" — is this the Dominican Republic?
No. These are two entirely different countries. The Commonwealth of Dominica is a small island nation in the Eastern Caribbean (population ~73,000), located between Guadeloupe and Martinique. The Dominican Republic is a completely separate country occupying the eastern two-thirds of Hispaniola, with its own distinct legal and property system. This preview — and the full member report — covers only the Commonwealth of Dominica and its Citizenship by Investment Programme.
Can I sell the CBI real estate property after I get my passport?
The Dominica CBI programme requires the investor to hold the qualifying real estate for a minimum period — currently 3 years for the CBI real estate route (confirm the current minimum holding period with a licensed CBI agent, as this has been subject to change and regional CARICOM pressure may affect minimums). After the minimum holding period, the property can be sold to a new investor. How the CBI resale market actually behaves — and why a CBI approval stamp does not guarantee a quick exit — is covered in the member report.
Is the Alien Landholding License fee negotiable or avoidable?
No. The 10% Alien Landholding License is a mandatory statutory fee applicable to all foreign nationals acquiring real property in Dominica. It is not negotiable and cannot be structured around through most common mechanisms. The full 20–22% acquisition-cost model — every line item, and why the brochures understate it — is broken down in the member report. Confirm the exact figures with qualified Dominica counsel for your specific purchase.
What does the Dominica passport actually offer for US citizens?
For US citizens specifically, the Dominica passport’s practical value is primarily as a supplementary travel document and optionality hedge — not as a tax planning tool. US persons are subject to US taxation on worldwide income regardless of citizenship or residency, so a Dominica passport does not reduce US tax obligations (unlike for non-US persons). What the passport does — and does not — change for US persons is treated in full in the member report. US persons considering any CBI programme should obtain specific advice from a US tax attorney specialising in international taxation before investing.
Is MPH affiliated with any Dominica CBI developer or licensed agent?
No. MPH International has no financial relationship with any CBI developer, licensed CBI agent, or real estate operator in Dominica. We earn nothing from any Dominica transaction.
Dominica MPH Score (68 · Watch · BBB) calculated under MPH Methodology v1.2 · Dataset verified June 26, 2026.
This market was scored through the MPH data-capture and verification process using publicly available market, programme, and regulatory data current at the time of scoring. Factor-level source citations are maintained in the MPH Score dataset and are available on request.
This report is published by Mission Point Holdings International for informational and intelligence purposes only. It does not constitute financial, investment, tax, legal, or immigration advice. Data is sourced from publicly available records, Global Property Guide, Chambers Global Practice Guides, Dominica Citizenship by Investment Unit (CIU), and third-party intelligence current as of mid-2026. This report covers the Commonwealth of Dominica exclusively; it does not cover the Dominican Republic. CBI programme minimums, eligible property types, holding periods, and government fees are subject to change; confirm current programme terms with a licensed CBI agent before making any investment or application decision. Alien Landholding License fee (10%) and all closing cost estimates should be verified with qualified Dominica counsel for each specific transaction. Per-m² pricing data is sparse in Dominica; treat published ranges as indicative only and obtain local appraisals before committing capital. US persons are subject to worldwide US taxation regardless of citizenship held; obtain qualified US international tax counsel before investing. All investments involve risk, including the potential loss of principal. MPH International has no financial relationship with any developer, CBI agent, or real estate operator in Dominica. Always consult qualified legal, tax, and immigration counsel before making investment decisions. © 2026 Mission Point Holdings International. All rights reserved.