Baisal R., 27 years old, an entrepreneur from Kazakhstan, approached us in late September 2021, requesting assistance with obtaining Caribbean citizenship.
His goals were to expand his business, gain opportunities for international travel, and open an account in a European bank, where due diligence requirements have been growing increasingly complex and stringent each year.
Baisal decided on Dominica’s program, primarily due to its cost. It was the best option in the region for a single applicant.
After signing the cooperation agreement, we began gathering the necessary documents. It turned out that the client did not have official documentation confirming the origin of his company’s initial capital, as most of the funds had been provided by his father. His father had lived separately from the family in Russia for many years but had supported his son and had participated informally in the business’s founding.
We were unsure if the client’s father would be able to provide the required documents. However, this turned out not to be an issue. The lawyer collected the documents in person during a meeting in Moscow, as Baisal’s relative requested confidentiality.
Within three weeks, the case was fully prepared.
The client paid the due diligence fee, after which we submitted his application for due diligence review through a verified agent in Dominica.
In the first stage, the client spent $28,656.
This amount included, in addition to the due diligence, bank fees, legal fees, and government processing fees.
In November, nearly two months later, the client received a positive result from the background check, which served as the basis for Baisal’s $100,000 investment in the National Development Fund.
Through the agent, we submitted the application for Dominica citizenship for the investor. Two weeks later, after taking the oath of allegiance to the country online, Baisal received his naturalization certificate and passport.
In the second stage, the client spent $100,621.
This amount covered the contribution to the National Development Fund, as well as passport issuance, bank, and courier fees.
The total expenses amounted to $129,277.
