In 1993, Dominica became the second Caribbean country to launch a citizenship by investment program.

There are two primary investment routes through which citizenship can be granted. Applicants can make a direct contribution of $100,000 ($200,000 for a family of four) to a government development fund or invest $200,000 in real estate (with additional fees of around $115,000 for a family of four).

In 2014, the Government of Dominica introduced a dedicated Citizenship by Investment Unit and created a more streamlined application process with strengthened due diligence.

In 2015, Dominica signed an agreement with the European Union to facilitate visa-free travel for Dominican citizens in Schengen countries.