Extending the property investment options for Dominica’s world-leading Citizenship by Investment Programme to eight, the nation’s Government approves brand-new real estate development, Timbo’s Downtown, a boutique resort that’s anticipated to become a hotspot for business lodgings and luxury leisure in Dominica.
When it comes to the Citizenship by Investment options on the global table, the Caribbean countries continue to lead the way offering affordable, fast, efficient and stable routes to second passport ownership. Couple this with global mobility, mainly Covid-free spaces, and an excellent quality of life, and it’s clear to see how these West Indies’ islands are giving other CBI countries a run for their money.
Global editors of National Geographic Travel have announced the 25 destinations they consider to be on the rise for 2021 across five areas, including Adventure, Culture and History, Nature, Family and Sustainability, with the Caribbean island of Dominica (aka the 'nature isle') selected for its adventure tourism that has simultaneously helped to fuel its climate resiliency.
The first-ever real estate project approved by Dominica’s world-leading Citizenship by Investment programme, the Cabrits Resort & Spa Kempinski Dominica has been awarded top spot in the inaugural World MICE Awards, the global initiative to recognise and reward excellence in the meetings, incentives, conferences and exhibitions (MICE) industry.
Following a recent spate of changes by CBI-bearing countries to make their programmes more family-friendly, the Saint & Kitts Nevis Citizenship by Investment Unit has announced the inclusion of siblings in its CBI Programme, making it the last Caribbean island to do so.
According to fDi’s Tourism locations of the future ranking for 2019/2020, the top 20 nations considered to be ripe for investment include eight countries that currently offer Citizenship or Residency by Investment programmes. Another reason to invest via citizenship or residency, perhaps?
The Prime Minister of Dominica, Roosevelt Skerrit, has announced that the Caribbean country's Citizenship by Investment Programme has generated more than 1.2 billion dollars in revenue since 2017. According to the PM, the Programme has witnessed an 8% increase in revenue from the fiscal year of 2017-18 to 2018-19 and a 13.4% increase in 2019-20.
If St Vincent and the Grenadines' opposition NDP party were to win in the forthcoming election on November 5, it could mean the unveiling of yet another - the sixth - Caribbean-based Citizenship by Investment programme.
With the aim of reassuring tourists, residents and potential citizens as to Caribbean island Dominica's safety, the Discover Dominica Authority has unveiled a Safe in Nature campaign, providing managed experiences within a travel bubble that comprises everything from accommodation and transport to spas, restaurants and activities.
While applications for Dominica’s Citizenship by Investment programme have slowed during Covid, there's been no slowdown in the construction of the island's CBI-approved developments – eco resorts and hotels – all of which have continued construction at pace despite the pandemic.