Caribbean’s Dominica offers best second citizenship opportunities

Beautiful Dominica
Beautiful Dominica

Dominica: An island that gives crystal blue water, white sandy beaches, nutmeg scented breezes, a new river for each day as the country has 365 rivers, hot boiling lake, lush green mountains and a life-changing investment opportunity? Yes, such a place does exist. High quality of life, well-developed infrastructure, lowest crime rate, and pristine natural environment make the island of Dominica not only a dream vacation destination but also a dream investment destination. 

Located in the eastern Caribbean Sea, offers investment opportunities which give benefits reach far beyond its sandy shore. One of these opportunities is the Citizenship by Investment (CBI) programme of the nation, which is being quite efficiently used to develop the country. 

Boiled lake
Boiled lake

The Secret Bay, a luxury resort situated in the heart of Dominica gives its clients a unique experience under this investment opportunity.

Why it is important citizenship by investment program 

The Commonwealth of Dominica’s ‘Secret Bay’ resort has completed construction on four new two-story Ti Fey Villas, making the total villa count to ten. The resort has also launched its Phase 2 of sales for new citizenship investors, while Phase 1 of the Residences has just a few shares remaining. 

Each new residential-style, 1,400-square-foot, hillside villas has a private pool, an outdoor rain shower, floor-to-ceiling glass walls, a gourmet kitchen, and a private plunge pool for guests to experience the luxurious Caribbean lifestyle. These new villas also have jungle-to-ocean views that extend to Morne Diablotin, Dominica’s highest mountain, and are situated within the Secret Bay’s densest rainforest area.

The Residences at Secret Bay is the only government-approved real estate project in Dominica that offers purchase options to both vacation home buyers and citizenship investors. For the latter route, investors must undergo due diligence, and once passed, can either contribute to a government fund or invest in pre-approved real estate like Secret Bay. Successful applicants obtain second citizenship for themselves and their eligible dependents and become entitled to the benefits associated with Dominican citizenship, including visa-free and visa-on-arrival travel to 140 destinations, ability to diversify wealth, and the right to live, work and study in sunny Dominica.

Even Prime Minister of Dominica, Dr Roosevelt Skerrit praised the ‘The Secret Bay’ project’s efforts. 

PM said,” Investing in Secret Bay, you can be assured of your investment. You can be assured of a return on your investment. It is a project that cannot be compared to any other in the Caribbean.”

Secret Bay highlights a limited collection of freestanding, secluded and sustainably-crafted villas that are immersed in nature and positioned on a breathtaking clifftop overlooking the azure Caribbean Sea. Offering architectural residential-style villas, fine dining (including Zing Zing, a no-menu concept open-air restaurant), wellness facilities (including the cliffside Gommier Spa), night and day access to remote beaches, and a wealth of transformational experiences, Secret Bay provides guests with the ultimate six-star hideaway experience. Experience. In late 2019, Secret Bay was accepted into Relais & Châteaux, becoming the first and only property in Dominica and just one of seven properties in the Caribbean to be affiliated with the elite brand. Secret Bay recently earned Green Global Certification and has received numerous accolades in its nine years in operation, most recently named #1 resort in the Caribbean, Bermuda, and the Bahamas and the six hotels in the world in Travel + Leisure’s 2020 “World’s Best Awards.”

Why citizenship by investment program ranked worlds No one citizenships programme

Dominica has an excellent reputation in the world. Consequently, the Commonwealth of Dominica passport provides visa-free or visa on arrival access to more than 115 countries worldwide, including the entire European Union, Switzerland, UK, Singapore, Russia, Brazil, and Hong Kong. The Dominica citizenship through investment program is legally entrenched in law. Since local law does not contain any restrictions on holding dual nationality, obtaining second citizenship by investment in the country is a confidential process that does not require a person to renounce their existing citizenship.

Dominica citizenship by investment program has no language, age, business experience, or educational conditions, and there is no compulsory interview. 

The economically secure country with a parliamentary democracy enjoys one of the highest standards of living in the Caribbean, has no taxes for non-residents, boasts the lowest crime rate in the entire region, and is arguably one of the most naturally beautiful places on earth with lush green mountains, countless pristine rivers and waterfalls, and stunning white and black sandy beaches. Best of all, the Commonwealth of Dominica offers the cheapest citizenship by investment program globally with reputable second passports starting at only USD 100,000.

One of the primary reasons why people buy citizenship is to free themselves from absolute dependence on a single country. It is standard advice to diversify financial investments across various markets, asset categories, and industries, yet many people do not spread their political risk beyond their current jurisdiction. A Citizenships offers economic as well as political diversification and is the ultimate emergency backup plan.

 Travelling with a Dominica second passport allows a person to visit most developed countries without the hassle of first applying for a visitor visa. This increased international mobility can really improve a person’s quality of life. Whether a person wants to attend a business meeting in Hong Kong, take a vacation in Switzerland, visit a child going to university in the UK, or go to a medical hospital in Singapore, a Dominica passport can facilitate fast and effortless travel all over the world including the entire European Union (EU) and Europe Schengen Area. Even when visiting a jurisdiction that requires Dominica citizens first to attain a tourist visa, Dominica passport holders may be advantageous compared to people of other nationalities. They may face less stringent visa application conditions. Holding citizenship in a Commonwealth country such as Dominica can also make it easier to procure a business visa or residence permit in many other Commonwealth countries such as Canada or Australia.

How ‘CBI’ is playing a pivotal role in Dominica Developments

Citizenship by investment plays a pivotal role in Dominica Developments. A significant role in the Island economy, daily lives and we work hard to maintain high standards of integrity, efficiency, and, importantly, a tangible impact on our population,” stated Ambassador Emmanuel Nanthan, the Head of the Citizenship by Investment Unit (CBIU) in Dominica.

Recently, the Dominican government has been focusing on constructing a state-of-the-art hospital, several health centres, and its first international airport. The CBI Programme finances each project and once completed, will contribute to national development. Furthermore, the CBI funded ‘Housing Revolution’ is an added initiative that’s benefited thousands by providing affordable and sustainable homes to families displaced by Hurricane Maria in 2017.

Reports from the International Monetary Fund (IMF) and ECLAC have also commended the CBI Programme’s important role in transforming the island. 

That is why, to obtain second citizenship from Dominica, all applicants must first pass all the due care checks. If successful, they can either make a one-off contribution of US$100,000 to the Economic Diversification Fund or invest at least US$200,000 in pre-approved real estate. The former is more straightforward, while the latter also gives the chance to earn a return on investment from luxury, eco-friendly resorts in FDI intelligence calls one of the top 20 tourism destinations of the future. 

As per statistical data of the government of Dominica Citizenship by Investment (CBI) Programme has generated over 1.2 billion dollars in revenue since 2017.

By this programme, prime minister of Dominica has said that country has witnessed an eight percent increase in revenue from the fiscal year of 2017-18 to 2018-19 and a 13.4 percent increase in 2019-20.

From 1993, when this programme initiated, it has allowed various foreigners to invest in the country in exchange for citizenship and the chance to apply for citizenship. 

How it provides the hassle-free experience of secure investment 

As their eligibility criteria are very easy, and it is the hassle-free experience. Dominica Constitution and Section 8 and Amendment 20(1) of the Citizenship Act define the investor program in law, legally allowing eligible persons instant citizenship in the country by a Certificate of Naturalization.

 Aspirants who are older than 18 years of age, Dominica is committed to an excellent standard of due diligence to protect the integrity of its citizenship investment program, and only people with no criminal record and whose funds have been legally obtained will be permitted to acquire citizenship in the country.

In the conditions to get the citizenships, applicants should have excellent health and must show that they do not suffer from any contagious diseases.

Dominican citizenship by investment, a candidate must either make a significant economic contribution to a government fund or purchase approved real estate on the island.

Candidates applying under the government donation option must agree to pay the total amount specified by the program within 30 days of receiving an Approval in Principle letter from the CBIU. 

Dominica is a Dream destination/best tourist attraction in the Caribbean.

Dominica is among National Geographic’s best travel destination in the world for the year 2021.

The weathered mountains running down the point of Dominica formed a natural shield, mainly guarding the eastern Caribbean island, called Waitukubuli (“tall is her body”) by the Indigenous Kalinago, from colonial intrusions and overdevelopment. Flooded fumarole with water temperatures nearing 200°F (93.3°C).

After the hurricane, nature rebounded, residents rebuilt, and the government resolved to make Dominica the world’s first climate-resilient nation.

Dominica’s formidable volcanic terrain couldn’t block global climate change, worsening the effects of hurricanes. Warmer ocean temperatures supercharged Hurricane Maria, whose direct hit on the island in September 2017 caused catastrophic landslides and critically damaged nearly every man-made structure.

Dominica is an island country located in the Lesser Antilles region of the Caribbean Sea. Discovered by the Spanish, colonized by the French, and then controlled by the British for more than two centuries.

Dominica’s official language is English, so it also attracts tourists as English is one of the world’s most speaking languages. This made convenience to most of the tourists who arrive from different part of the world. 

It is usually said that if Christopher Columbus returned to the Caribbean today, Dominica would be the one place he would still recognize as the island’s stunning landscape has mostly remained untouched. Despite only 750 square kilometres, Dominica is an outdoor adventurist’s dream with over 40,000 acres of national parks and forest reserves, 365 different rivers, and animals that are unique to the island the rare Sisserou parrot which is pictured on the country’s flag.

Dominica Morne Trois Pitons National Park has been designated a UNESCO World Heritage Site.

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