What are the benefits of being a Dominica resident?
What are the benefits of being a Dominica resident? Dominica Citizenship by Investment program is highly rated among such programs. It offers global mobility opportunities, specifically visa-free access to over 140 countries, tax benefits like no global income tax for non-residents, no capital gains, and inheritance tax.
Is Dominica a good place to retire?
Often confused with the Dominican Republic, Dominica is rated as one of the best places to retire in the Caribbean. Not only is the mountainous Caribbean island nation safe to live in, but it also offers a relatively low cost of living, tax advantages, as well as modest healthcare.
What are the cons of Dominica?
Additionally, Dominica is a safe and peaceful country with a friendly and welcoming population. The cons of living in Dominica include its limited infrastructure, with limited access to modern amenities and services.
Can a US citizen retire in Dominica?
Obtaining Residency Or Citizenship To Retire To Dominica Dominica doesn't have a special visa for those seeking overseas retirement on the island. As a retired expat, you can apply for standard residency, which has to be renewed annually, or you can attain citizenship by making an investment in the country.