The Dominica Citizenship by Investment Unit (CBIU) gazetted the Commonwealth of Dominica Citizenship by Investment Regulations 2024 (the CBI Regs 2024) on 28 June 2024.
The CBI Regs 2024 contain the revised investment thresholds that will come into force on 1 July 2024 in accordance with the terms of the Memorandum of Agreement (MoA).
Minimum Investment Thresholds
Effective for all CBI applications submitted from 1 July 2024, the new minimum thresholds are as follows:
Economic Development Fund (EDF) direct monetary investment (paragraph 1(3)(a) of Schedule 1):
Single applicant — US$200,000
Main applicant and up to three qualifying dependants US$250,000
Additional dependant under 18 — US$25,000
Additional dependant 18 years of age or older — US$40,000
The minimum real estate investment remains at US$200,000 (paragraph 2(1) of Schedule 1).
The revised Government Fees are as follows (paragraph 2(3) of Schedule 1):
Single applicant — US$75,000
Main applicant and up to three qualifying dependants US$100,000
Additional dependant under 18 — US$25,000
Additional dependant 18 years of age or older — US$40,000
All other Government fees remain unchanged and are as follows: Due diligence fees
Main applicant — US$7,500
Each dependant 16 years of age or older — US$4,000
Processing fees
US$1,000 per application
Interview fees
US$1,000 per interview
Certificate of Naturalisation fee
• US$500 per applicant
AI-powered legal automation is transforming every stage of the contract lifecycle. What used to take days or weeks can now be completed in a matter of minutes, with better accuracy, stronger compliance, and greater visibility.
Below is a closer look at the future of legal workflows — from the first draft to the final signature.
1. Intelligent Contract Drafting
The drafting phase is often the most time-consuming, especially when teams must create variations for multiple jurisdictions or client scenarios.
AI is now capable of:
generating complete first drafts based on a simple prompt
adapting clauses to the relevant region or industry
suggesting standardized language aligned with company policy
identifying missing sections before a human even starts reviewing
Instead of manually rewriting the same clauses across dozens of agreements, legal teams can now focus on higher-level decisions and negotiation strategy.
In the future, drafting will become a collaborative dialogue between humans and AI, where teams validate, adjust, and contextualize — instead of starting from zero.
2. AI-Assisted Negotiation & Review
Negotiation is where most delays occur. Each party reviews clauses differently, risks are often spotted late, and version control becomes chaotic.
This is exactly where automated contract review is becoming indispensable.
Modern legal AI can now:
highlight risky, unusual, or non-standard clauses
compare an incoming draft to your internal guidelines
flag inconsistencies or missing disclosures
propose redlines and alternative wording
summarize the remaining risks for faster negotiation
We’re moving from passive contract review to active, continuous risk management — where every clause is evaluated instantly.
This shift allows legal teams to negotiate with confidence, knowing that the entire document has been vetted from a compliance standpoint.
3. Real-Time Collaboration & Version Control
The next evolution is seamless collaboration.
Instead of endless Google Docs links, tracked changes, or PDF markups, legal teams work together in real time:
live cursors showing who is editing what
threaded comments attached to specific clauses
instant clause suggestions powered by AI
team approvals (Legal, Finance, Sales) managed in one place
automatic version snapshots after every change
This reduces friction and removes uncertainty around “who changed what, and when”.
The contract becomes a shared workspace, not a static file passed around.
4. Automated Compliance & Policy Enforcement
Compliance has traditionally depended on manual checks or legal intuition.
Now, AI ensures that contracts follow your policies automatically:
verifying that mandatory clauses are present
ensuring jurisdiction or governing law is correct
checking data processing or confidentiality clauses
detecting outdated, inconsistent, or risky language
generating compliance reports for audits
In the coming years, compliance engines will sync directly with regulatory updates, allowing contracts to evolve as laws change.
This is the future: contracts that are always compliant by default.
5. Streamlined Signatures & Lifecycle Management
The final step — signature — has become faster than ever thanks to e-signature platforms.
Legal automation now closes the loop:
sending agreements for signature automatically
tracking signature progress
triggering renewal reminders
syncing fully signed documents into your cloud storage
linking contracts to CRM or procurement systems
The signature is no longer an endpoint.
It marks the beginning of automated lifecycle management, where obligations, renewals, and risks continue to be monitored.
The Future: A Fully Automated Legal Workflow
Within the next few years, the legal world will shift from document-centric workflows to platform-centric workflows — where each step is automated, connected, and orchestrated by AI.
The future legal stack will look like this:
Draft — generated by AI
Review — evaluated and redlined instantly
Collaborate — teams working in real time
Comply — risks continuously monitored
Sign — signatures automated and tracked
Manage — lifecycle events and renewals triggered by AI
Legal teams won’t disappear.
They will simply move up the value chain — focusing on strategy, negotiation, and decision-making instead of repetitive tasks.
Automation is not replacing legal expertise.
It is amplifying it.
Article written by
Ethan Martin
