The government of Dominica has expanded its citizenship by investment opportunities, which includes its successful CBI programme, with the launch of a brand-new initiative. The Entrepreneur Visa Program lets foreigners acquire a residency permit to Dominica, from which they can then obtain citizenship, in exchange for investment in the country.
Since the pandemic kicked in earlier this year, not only have a record number of US citizens registered an interest in citizenship by investment, they have shown one of the biggest nationality spikes in CBI programme applications over the past nine months. So why exactly are Americans in pursuit of a pandemic passport?
As Dominica continues to build its luxury hotel eco-tourism sector and prioritises the building of its international airport, much of this funded by its successful Citizenship by Investment Programme, Caribbean Airlines begins regular flights for the first time between Barbados and Dominica, with four flights per week to run by mid-October.
One of the Saint Kitts & Nevis’ Citizenship by Investment-approved properties, The Four Seasons Nevis has seen a massive spike in sales during the pandemic with demand for its stunning beachside freestanding villas booming.
Following a significant increase from Middle East HNWIs in Saint Kitts’ citizenship by investment programme during the pandemic, the Caribbean nation is taking renewed steps in cementing its CIP within the GCC region.
In these times of economic instability, launching a CBI programme could bring much-needed revenues to that country. From Albania to Mauritius to Egypt, we investigate which countries could be on the verge of unveiling citizenship by investment programmes.