It’s come as no surprise that Dominica’s CBIU has been revealed as the most efficient processing unit in 2022. The Commonwealth of Dominica holds one of the most sought-after Citizenship by Investment (CBI) Programmes in the world.
Also Read: Why invest in Dominica?
Dominica Citizenship by Investment
Dominica’s CBI programme has been ranked as the number one CBI initiative for six consecutive years by the CBI Index. This is a ranking system published by the Financial Times’s Professional Wealth Management (PWM) magazine. The CBI programme focuses on the overall quality and integrity of its applicants, as it only accepts individuals of outstanding character and repute. To ensure credible persons of excellent standing are granted citizenship, comprehensive due diligence checks are performed on all applicants aged 16 and over.
Dominica boasts a pristine coastline, acres of unspoiled tropical rainforest, incredible marine biodiversity and a number of natural hot springs thanks to its volcanic origin.
Investing in the Real Estate Investment Option means specifically choosing to invest in Dominica’s thriving tourism industry. This also creates jobs for the local people as well. Dominica’s goal to become a climate-resilient nation underpins every new CBI development. There are many sustainable options for you to choose from. If you’re health conscious, then the fact that Dominica has ranked best ‘Health-Focused Citizenship by Investment Programme’ should tick a box on your list.
Dominica delivers on due diligence
The Dominica CBI Programme focuses on its applicants’ overall quality and integrity, only accepting outstanding characters and reputed individuals. It’s important to ensure that only credible persons are granted citizenship. Therefore, comprehensive due diligence checks are performed on all applicants 18 years of age or older.
Aside from its vetting approach, Dominica’s CBIU also publishes its economic citizens’ names in the official quarterly gazette and provides a detailed budget of where CBI funds are invested. Revenue generated under the programme is utilised to build climate-resilient housing, revolutionise healthcare infrastructure and construct the country’s first international airport.
Dominica’s quest to achieve climate resilience
Dominica has taken a multifaceted approach to ensure climate resilience. This includes a strong focus on ecotourism and investment in eco-resorts. In addition to funding conservation programmes, Dominica has also banned single-use plastic. The conservation programmes include the Mountain Chicken Recovery Programme and the Dominica Sperm Whale Project. Another goal is to be reliant on renewable energy by 2030.
More about the Investment Migration Executive Survey
The Investment Migration Executive Survey is an industry-wide study that uses data and sentiments from the heads of 40 of the biggest multinational investment migration firms. The aim of the survey is to identify market attitudes and trends. As the world’s leading government advisory and marketing firm, CS Global Partners is proud to have participated in the 2023 survey.
Also Read: World Citizenship Report 2023
Most acquired CBI programmes
As a matter of interest, St Kitts and Nevis CBI and Portugal’s Golden Visa were the most acquired. The share of firms who stated that the St Kitts and Nevis CBI was the most popular programme has almost doubled in two years, while the CBI programme of Antigua and Barbuda seems to have lost a lot of appeal.
Looking ahead
Executives have high expectations for Saint Lucia’s CBI programme for 2023. The programme has ramped up its processing capacity as well as reduced its asking price.
