In order to attract more foreign investment, the Italian government has implemented changes to its residency by investment (RBI) programme to make it both more attractive and competitive, including slashing some of its minimum investment thresholds by half, and opening it up to third-world country nationals.
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.
During a RIF Trust-led webinar on September 7 to discuss the benefits of Dominican citizenship by investment, the CEO of Dominica’s CBI-approved Secret Bay announced that as part of phase two of the award-winning eco resort’s development, four new two-storey villas would be ready by November 1, 2020.