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Wealthy families are looking for citizenship by investment in Dominica

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Published: Tue 17 Aug 2021, 1:56 PM

As unpredictability becomes the new normal, investors across the globe look for a means to secure their future while accessing greater freedoms. Wealthy families are acquiring Dominican citizenship through the Citizenship by Investment (CBI) programme as a way to protect their future while laying roots for generations to come. With second citizenship, investors and their families can formulate a plan B, setup a second residence and expand their global horizons.

The Commonwealth of Dominica is located in the Caribbean, sandwiched between Guadeloupe and Martinique. Known fondly as ‘The Nature Isle’, this beautiful island is a tropical paradise with rugged, volcanic mountains, waterfalls, and pristine beaches. The small island nation attracts hundreds of thousands of visitors a year, with many people wanting to take up permanent residence, which is where the CBI programme can assist.

Paul Singh, director of London-headquartered government advisory CS Global Partners said: "Obtaining Dominican citizenship might be one of the most valuable investments one makes into their family's future and security."

Successful applicants and their families who pass the necessary security requirements gain access to a wide range of benefits. This includes citizenship for life, increased business opportunities, and visa-free or visa-on-arrival travel to over 140 destinations.

One of the most attractive aspects of Dominica’s CBI programme is that your citizenship can be inherited so that you can pass on Dominican citizenship to your children as your legacy.

To better cater to families, Dominica has expanded the dependants clause of applications. Now, dependants can be related to either the main applicant or the main applicant's spouse, and there is also no age limitation on parents and grandparents.

The Dominican CBI programme was established in 1993, making it one of the oldest in the world. It recently ranked as one of the worlds’ best CBI programmes for the fourth time in a row by the CBI Index.

“Emerging for the fourth consecutive year as the world’s best CBI Programme, Dominica balances an excellent reputation for meeting the needs of investors with strong due diligence, a low minimum investment outlay, efficient processing, and a renewed focus on family reunification,” the 2020 Index reads.

The Dominican CBI programme allows vetted individuals and their families to gain citizenship of Dominica in return for a contribution to the country’s Economic Diversification Fund starting at $100,00 for a single applicant, or an investment in pre-approved real estate from $200,000. This will give individuals and their family members the right to live and work in Dominica, with the ability to come and go as they please. You need to be over 18, in good health, and have no criminal record.

If there’s anything that the last year and a half has taught us, it’s the importance of having a secure plan B in place for when unpredictability strikes. Second citizenship has become more important now than ever, and Dominica’s CBI programme remains a trusted option with longevity and integrity on its side.

For more information, please visit info@csglobalpartners.com

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