Tag: Dominica
-
Caribbean Nations to Establish Joint CBI Regulator Following US Treasury Talks
The Citizenship by Investment (CBI) programs in the Caribbean have long attracted high-net-worth individuals seeking greater mobility, security, and investment opportunities. Now, following a productive roundtable discussion with the U.S. Treasury, the five Caribbean nations offering these programs—Antigua & Barbuda, St. Kitts & Nevis, Dominica, Grenada, and Saint Lucia—are taking significant steps to enhance the…
-
Discover Dominica: The Premier Destination for Tax Efficiency, Location, and Island Living
In the quest for the ideal tax haven, location, and overseas living destination, the Commonwealth of Dominica stands out as a beacon for savvy investors and expatriates. Known for its lush landscapes, economic resilience, and favorable tax policies, Dominica is not just a tropical paradise but a strategic choice for those looking to optimize their…
-
Dominica Prioritises Building Its First International Airport This Year, Funded by Citizenship by Investment
LONDON, Aug. 24, 2020 /PRNewswire/ — The government of the Commonwealth of Dominica announced last week that it has approved the 213 properties it needs to acquire in order to build the island’s first international airport. The government had been saving US$5 million every month over the past few years from the Citizenship by Investment (CBI) Programme specifically for the construction of the…
-
Dominica Marks 27 Years of Citizenship by Investment: “The Integrity of the Programme Is Paramount at All Times”
LONDON, May 14, 2020 /PRNewswire/ — Today, the Commonwealth of Dominica stands as the best country to get Citizenship by Investment (CBI) from, according to an independent study published by a Financial Times magazine. Established in 1993, Dominica’s CBI Programme has won foreign investors’ trust over 27 years. It relies on its long experience, leading with timely application processing, strong due diligence, stability…
-
Dominica Is the Fastest Growing Economy in Latin America and the Caribbean Region Thanks to Booming Tourism and Citizenship by Investment, UN ECLAC Report Finds
LONDON, Jan. 18, 2020 /PRNewswire/ — A new report by the Economic Commission for Latin America and the Caribbean (ECLAC) from the United Nations indicates that the Commonwealth of Dominica was the fastest growing economy in the entire Latin America and the Caribbean region in 2019. The island’s GDP is said to have jumped up by 9%, attributed to Citizenship by Investment (CBI), soaring tourism numbers and public sector…
-
Dominica Citizenship by Investment: An Applicant’s Milestones
LONDON, July 5, 2019 /PRNewswire/ — The process of obtaining economic citizenship of the Commonwealth of Dominica is straightforward and has been praised for its simplicity and effectiveness in several publications, including Professional Wealth Management’s CBI Index, which evaluates and ranks all of the world’s active citizenship by investment jurisdictions. Uncomplicated processing, however, should not be confused with a lack…
-
Commonwealth of Dominica Welcomes Newest Offshore Bank
ROSEAU, Dominica, Dec. 31, 2017 /PRNewswire/ — In late 2018, Digibank joins the ranks of Class-A licensed offshore banks of the Commonwealth of Dominica. Poised to ride the trend of globalized wealth, Digibank aims to incorporate technology to traditional offshore bank services to achieve 3 crucial comparative advantages, namely full digitalization, faster processing speed and lower transaction cost.…
-
“Business as Usual”: Citizenship by Investment Unit Continues Processing Applications for Citizenship Despite Island’s Challenges
ROSEAU, Commonwealth of Dominica, September 28, 2017 /PRNewswire/ — [box]In keeping with the stability and resilience for which the programme and the island of Dominica is known, the Citizenship by Investment Unit is back in full operation, following the events of last week.[/box] Owing to the rigorous processes that have been established over years of refinement, the Unit has had…
-
The $2 Billion Market For Passports
As migration and inequality continue to get significant attention from US presidential candidates, it is worth noting a rising phenomenon at the intersection of these two topics: economic citizenship. A growing number of countries offer individuals passports in return for investment, and the wealthy have been taking advantage in increasing numbers. In 2014, the global rich spent…