Citizens of Dominica and members of the Eastern Caribbean States ("OECS") do not require an alien land holding licence to own land in Dominica. The OECS states are:
Anguille - Antigua - British Virgin Islands - Dominica - Grenada - Montserrat - St. Kitts & Nevis - St. Lucia
St. Vincent & The Grenadines.
If you are not a citizen of these states you will need to obtain an alien landholding licence to own more that 1 acre of land for residential purposes or 3 acres for business purposes.
At the present a License is required to purchase more than one acre of land for residential and three acres for commercial and a purchaser who is a citizen of a non OECS country will have to pay an additional 10% Alien Land Holding License Fee.
Below the stipulated acreage, Government requires all such persons to pay the additional 10% fee notwithstanding that a License is not required.
If you are a member of a CSME STATE (Caribbean Single Market Economy) unless you are also an OECS National the Alien Land Holding Provisions apply to you when buying land.
Transfer fees payable by the purchaser are made up as follows:
- 4% stamp duty
- 2.5% judicial fees
- 1% assurance fund
- 3% legal fees
The vendor has to pay 2.5% stamp duty on the market value of the land being sold.
If you purchase above 1 acre for residential or 3 acres for business you have to apply for an Alien land holding Licence and if granted you will pay the additional 10% on the market value of the land.
For these purposes land includes whatever is on the land.
