Thursday, April 25, 2024

Dominica No.1 Citizenship Program in the World

Dominica’s Citizenship by Investment Programme continues to demonstrate great strength and stability in the investor immigration market, finishing first for the second year running in the CBI Index, a special report published by a Financial Times subsidiary in the UK.

Dominica was awarded perfect scores in 5 of the 7 areas analysed. Referred to as pillars in the report, the Citizenship by Investment Programme outshone its competitors in the following categories:

1. Due Diligence – Dominica has a multi-layered security and vetting process of applicants to ensure only the best and brightest individuals around the world need apply. This includes, but is not limited to, expert advice and guidance from international firms trained in anti-money laundering and counter-terrorist financing

2. Minimum Investment Outlay – a single applicant can achieve citizenship with a contribution of US$100,000 to Dominica’s future

3. Ease of Processing – beginning in 1993, Dominica’s Programme has benefitted from a well-established framework that streamlines applications

4. Citizenship Timeline – these expert frameworks mean that applications are currently being processed in as little as two months, welcome news for the international businessperson who wants results at speed

5. No Mandatory Travel or Residence Requirements – those applying for citizenship, as well as the economic citizens who are granted nationality, are not obliged to travel to Dominica during the process. This is a welcome aspect of the Programme because it allows applicants to continue to live their busy international lifestyles.

“The results of the 2018 CBI Index are, in many ways, even more meaningful in the wake of last year’s Hurricane Maria. We showed unfathomable resilience, and a consistent and diligent approach to service, resuming application processing for our citizenship programme within less than a week of the event. I can safely assure investors that our Citizenship by Investment Programme is indeed hurricane-proof.”

– Dr the Honourable Roosevelt Skerrit, Prime Minister of Dominica

Another feature that makes Dominica’s Programme stand out from the rest is its recent adoption of the Global Community initiative. Provided applicants meet all the requirements for the citizenship, they are welcomed into Dominica’s Global Community – a network of like-minded professionals and families who too can reap the benefits of being Dominican. Dominica’s Global Community is strengthened with its long-lasting diplomatic relationships and visa-free waivers. Citizens can benefit from visa-free travel to over 120 countries, including the Schengen Area, Hong Kong and Singapore.

Dominica CBI

Please visit the Government’s official page: cbiu.gov.dm

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment Journal. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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