{"id":54337,"date":"2018-08-28T12:12:09","date_gmt":"2018-08-28T16:12:09","guid":{"rendered":"https:\/\/www.investmentimmigration.com\/?p=54337"},"modified":"2018-08-28T12:18:07","modified_gmt":"2018-08-28T16:18:07","slug":"dominica-citizenship-investment-sees-steady-growth-popularity","status":"publish","type":"post","link":"https:\/\/www.investmentimmigration.com\/dominica-citizenship-investment-sees-steady-growth-popularity\/","title":{"rendered":"Dominica Citizenship-By-Investment Sees Steady Growth In Popularity"},"content":{"rendered":"

A relatively late entrant in the list of countries offering citizenship by investment programs, Dominica\u2019s economic citizenship program<\/a> has witnessed steady growth in demand among high and ultra-high net worth investors.\u00a0<\/span><\/p>\n

Anybody investing at least $100,000 in Dominica\u2019s CIP can acquire citizenship, passport and accompanying privileges and benefits. \u00a0<\/span><\/p>\n

The program enables Dominica to leverage its popularity as a tourist destination and the power of its passport to attract more foreign direct investment into the country.\u00a0<\/span><\/p>\n

Further, many international luxury hospitality brands are showing interest in exploring the country\u2019s eco-tourism potential and catering to the growing demand among wealthy investors for luxury properties.\u00a0 \u00a0<\/span><\/p>\n

What Are The Benefits of Dominican Citizenship?<\/h3>\n

For high net-worth individuals, the second passport offers them the right to live and invest in the country, visa-free access to more than 120 nations, tax benefits, plus a secure economic and political environment.<\/p>\n

While there is no official data on the number of applications received under the program, analysis of the annual budget indicates steady growth. \u00a0<\/span><\/p>\n

The affordable price point is an important factor contributing to the program\u2019s popularity. It is one of the least-expensive investment immigration programs in the world. Yet, there has been no compromise on the quality of due diligence and vetting process.<\/p>\n

\n

Investment Requirements\u00a0for\u00a0Dominica Citizenship by Investor Program<\/h3>\n\n\n\n\n\n\n\n
Single Investor<\/td>\nUS$100,000<\/td>\n<\/tr>\n<\/thead>\n
Investor and spouse<\/td>\nUS$175,000<\/td>\n<\/tr>\n
Investor, spouse, and two children aged below 18 years<\/td>\nUS$200,000<\/td>\n<\/tr>\n
If Investor has more than two children aged below 18 years<\/td>\nUS$50,000 per child from third child onwards<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n

The country is, independent of its CIP, a very popular tourist destination. So, the CIP becomes an added advantage for wealthy individuals contemplating a second home or a holiday home. \u00a0<\/span><\/p>\n

Unlike its Caribbean counterparts, there have been no security concerns or withdrawal of visa-free travel privileges by developed nations. This is primarily due to the stringent due diligence process.\u00a0<\/span><\/p>\n

Absence of security concerns surrounding the program enhances the appeal of its low price point as applicants can enjoy access to a truly powerful passport on very attractive investment terms.\u00a0 \u00a0<\/span><\/p>\n

Extensive Visa-Free Travel<\/h3>\n

Holders of the country\u2019s passport enjoy visa-free travel to virtually all developed countries. For an ambitious international business person, the CIP offers greater international mobility and more business opportunities. \u00a0 \u00a0<\/span><\/p>\n

Further, the efficient administration of the program ensures the process of obtaining the second passport is a smooth and easy one for wealthy investors.\u00a0<\/span><\/p>\n

No requirements related to physical residence means applicants can continue with their existing life without disruption.<\/p>\n

The government has sought to bolster demand by launching the Global Community initiative, where wealthy investors are invited to acquire a second passport through the CIP.\u00a0<\/span><\/p>\n

This initiative seeks to incorporate the investment immigration program as a holistic part of a global network for the applicant\u2019s professional and personal development.<\/p>\n","protected":false},"excerpt":{"rendered":"

A relatively late entrant in the list of countries offering citizenship by investment programs, Dominica\u2019s economic citizenship program has witnessed steady growth in demand among high and ultra-high net worth investors.\u00a0 Anybody investing at least $100,000 in Dominica\u2019s CIP can acquire citizenship, passport and accompanying privileges and benefits. \u00a0 The program enables Dominica to leverage…<\/p>\n","protected":false},"author":2,"featured_media":54339,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[454],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.investmentimmigration.com\/wp-content\/uploads\/2018\/08\/Dominica_134247633.jpeg","jetpack_shortlink":"https:\/\/wp.me\/p8hnWW-e8p","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/54337"}],"collection":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/comments?post=54337"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/54337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/media\/54339"}],"wp:attachment":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/media?parent=54337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/categories?post=54337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/tags?post=54337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}