How difficult is the property purchase process in Dominica?
For foreigners, the Alien Land Holding License Regulation Act, No. 17 of 1995 of the Laws of the Commonwealth of Dominica, provides for the issuance of Alien Land Holding License. • An alien may hold less than one (1) acre of land for residential purposes or less than three (3) acres of land for commercial purposes without obtaining an alien land holding license. However, the alien land holding license fee of 10% of the value of the land is still payable. • An alien may not hold more than one (1) acre of land for residential purposes or three (3) acres of land for commercial purposes without first holding a license; • On acquiring a license, the applicant must pay a fee equivalent to 10% of the market value of the land to government Citizens of the Organisation of East Caribbean States (OECS) do not need to acquire an alien land holding license. OECS-member states are Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts & Nevis, St. Lucia, and St. Vincent & the Grenadines. Pro