Second Passport and Second Citizenship

Why You Need One Now and Fast…What is Dual Citizenship and it is legal? What the difference between a residency and citizen of Dominica. Why would someone want another passport or citizenship? Will you loose you current citizenship if you do obtain another? I put together some information for you in order to answer these and many other related questions.

The current news and politicians say that we live in a dangerous world today. We live in a different world today too, or so we are told. Whether we like it or not, our identification documents immediately present a stereotype in order to define the rules of social, political and even economic engagement, regardless of who we really are and regardless if we have ill intent or not. Our identity documents, our Passport, becomes our calling card, so to speak.

Americans and Europeans need second passport and second citizenship for tax planning in order to avoid paying exorbitant taxes, particularly eastern Europeans of the former Soviet Union (Russia), Chinese and any other national who need a second passport and second citizenship in order to travel, do business or Insure yourself against any instability or crime inside your own country.

For Americans especially (and some other nations also), the above is very true. If you're travel, for example, you are singled out, either in a positive way or a negative way. It all depends where you are from or better stated what passport you have. There are cases were in terms of business, financial institutions will not do business with you, or open an account for you. So that goes to show that being from the wrong country, even if you yourself are not directly responsible for the actions which create such stereotype, could have serious effect on you physical safety and financial well being.

Who Needs It?

If presently your nationality causes you one of the following problems you're definitely need a second citizenship and second passport:

If there is chance that your present passport could be cancelled or renounced by you Government or any Authorized representatives at any time.
Your present Government imposes taxation globally on your revenue, assets and capital. Your present nationality limits your investment venture and global entrepreneurial abilities.
Your present nationality allows you Government to control, register or limit your traveling.
If your present passport has to extended or renewed on a regular basis within ten years
Compels you or your children to serve in the army.
You just want to change the address of your permanent residency
Your country/state is politically unstable.
Make you a Mark for terrorists.

Second Passport And Second Citizenship Benefits

However, do consider the idea that a second passport or citizenship could offer the following benefits:

Number One:

Dominica offers second passport and Citizenship for life for the main applicant, applicant's spouse and dependent children (if any).

Number Two:

Dual Citizenship is permitted and there is no residence requirement. It is compulsory to visit Dominica once to attend the interview with the Prime Minister in order to get your second passport. But if you want you can live in Dominica for as long as you wish.

Number Three:

If you submitted all documents (i.e. application forms, declarations of Guarantor, all supporting documents, etc.), passed all necessary procedures (for example - diligence) and the interview with the Prime Minister was successful, you can expect to receive your Certificate of Naturalization and Passport within next 30 days as a rule. But the cases when this time period can vary, depending upon the country of your current citizenship. The Minister of Legal Affairs will in person sign the Certificate of Naturalization validating you as a citizen of the Commonwealth of Dominica.

Number Four:

Passports in Dominica are valid for ten [10] years. A passport must be replaced with a new one in the event the passport has expired or has no further space for visas. The nominal cost of passport renewal is USD$ 45.00.

Number Five:

Travel to more than one hundred [100] countries including: Great Britain, Hong Kong, Liechtenstein, Singapore, South Korea and Switzerland visa-free. Where a visa is required, it is relatively easy to obtain it within 24 hours. Second passport and Dominica citizenship is an ideal way to preserve your wealth and there are no capital gains, gift, wealth and inheritance taxes.

Number Six:

Bank accounts, real estate and businesses are protected, both abroad and within your own country. The Government of Dominica does not inform the country of your current citizenship or residency about your second or third citizenship.

Number Seven:

Residential permit is easier to obtain by citizens of Dominican wishing to reside in Monaco, Switzerland, Andorra, United Kingdom, Bermuda, Cayman Islands, Bahamas and other Caribbean countries.

Number Eight:

Your representative for the second citizenship application will be Caribbean Offshore Services Corp, who has years of experience in these matters. The contribution into the economy of Dominica has to be deposited into the Government Approved Project Escrow account, which will only be released when the Citizenship is granted or returned if citizenship is denied.

A separate transfer into the Caribbean Offshore Service Corp account is to cover legal fees, processing and application fees and expenses. This amount is to be paid in advantage before the process can begin and is non refundable.

In summary, dual citizenship is perfectly legal if you are a US Citizen. In addition, it is perfectly legal and accepted if you are a citizen of a large list of other countries as well.

You becoming a legal resident of you new country or a citizen, which is entirely up to you, and certainly a very personal decision for each individual. But the important factor is to investigate the TRUTH and know the facts regardless of what you decide. This is where JTC Advisory can help with any questions clients might have about Second Passport and Second Citizenship in Dominica, and then we advise the client according on how to proceed in other to obtain a second citizenship and second passport from the commonwealth of Dominica.

For more information, please contact us

Second Passport or Second Citizenship