“One family one application” gives boost to Dominica Citizenship by Investment Programme

The mountainous Caribbean island nation of Dominica managed to achieve the title of world's fastest, safest and most secured Citizenship by Investment Programme by providing the most potent services.

The mountainous Caribbean island nation of Dominica managed to achieve the title of world’s fastest, safest and most secured Citizenship by Investment Programme by providing the most potent services. The country gathered applause for matching with the international standards of the comprehensive Due-diligence process.

Global mobility, visa-free access and the staggering phenomenal beauty of the Caribbean island is what forces and attracts the interest of persons globally to invest and buy the second citizenship of the country. One of the most attractive features of the CBI Programme of this Caribbean country is the ability to include additional dependents in the application.

Advertisement

The investment for a single applicant starts from USD 100,000 onwards; however, for a family of four, including the main applicant, their spouse and two additional dependents besides the sibling, the cost is USD 175,000.

For example, If Adam is looking to become a citizen of the Commonwealth of Dominica, he can add his spouse and children. If the child is aged 30 or under, they can be included in the application; however, they must be unmarried with no children and substantially supported by either Adam or his spouse.

The Commonwealth of Dominica also allows post citizenship additions, which means a child can be added even when the citizenship is granted to Adam. However, they must meet the same requirements, such as being unmarried, without children, aged 30 years or under and supported by either Adam or his spouse.

Does the same apply to the parents of the main applicant (Adam’s parents)?

Adam can only include a parent if he or his spouse substantially support them; this also applies to his (Adam’s) grandparents, grandparents’ spouse, parent’s spouse.

Can Adam’s spouse also ad their parents or grandparents?

Advertisement

The main applicant’s spouse can also include their parents or grandparents if they are substantially supported by the couple (Adam and his wife).

What about siblings?

The siblings can be included under one application if the sibling is substantially supported by Adam. But, they must be aged 25 years or under, has no children and be unmarried. However, in this case, Adam must also be able to provide written consent from the individuals that are legally responsible for the siblings.

People who are looking for a family-friendly programme can consider the Citizenship by Investment Programme of Dominica because it is based on the criteria of one family under one application. The flexibility to include additional dependents makes it more family-friendly and extremely suitable for larger families looking for second citizenship.

CBI Programme of Dominica

Established in 1993, the Citizenship by Investment Programme of Dominica is among the oldest, secure and safest such programmes globally. It allows foreigners to get Dominican citizenship in exchange for a financial contribution to the development of the country. Any person can choose from two different options, Economic Diversification Fund (EDF) and Real Estate. These two investment options support the country’s social advancement and financial security.

The Citizenship by Investment Programme has also helped Dominica attract extensive Foreign Direct Investment (FDI) into the country’s economy.

The security and safety of citizens have been an utmost priority for the Government of Dominica. All applicants are only granted citizenship after a thorough vetting process and background checks by third-party due-diligence firms.

Dominica uses funds generated by its CBI programme to fulfil its goals of becoming the world’s first-ever climate-resilient country. The government is building infrastructure that can withstand any category five natural disasters while creating employment in the construction and tourism sectors.

Not only that, the persons granted citizenship under the CBI Programme enjoys rights similar to an ordinary citizen. They get global mobility, the right to work or live in Dominica, access to all other factors that are available to ordinary citizens. Citizenship can also be passed down to future generations as well, making it an ideal choice for investors seeking a second citizenship.

Dominica is indeed the world’s most beautiful and peaceful place to live. It is known as the Nature Island of the Caribbean because of its lush green mountains, rain forests, boiling lake, not to mention the 365 rivers.

Tariq Saeed

Read More

SAV is first Emirati female-led savings company

Dubai: Dubai witnessed the launch of the pilot program "SAV" for the first financial company in the UAE, led by women, centered around savings.

UAE records 347 new COVID cases

Additional 347 cases of the novel coronavirus have been recorded today (March 20, Sunday) in the United Arab Emirates.

Dubai police arrests man for damaging hotel apartment

A resident of Dubai city was detained by the police authorities after he damaged and attempted to ignite a fire in the apartment of a hotel.

Recent

Dubai: Two indian immigrants wins weekly draw of more than 20 lakhs

Two United Arab Emirates (UAE) based Indian immigrants have won a grand prize of around 100,000 Dirham (Rs 20,76,657) each in a weekly draw held every week in Dubai.

Dubai leads vision of UAE to get Food Security

Agriculture accounts for the single largest source of food supplies worldwide. However, creating a secure food future continues to be a daunting task, acknowledge Dubai.

Dubai: Gitex Global set to feature first public flight of a Chinese eVTOL flying car

The Gulf Information Technology Exhibition in Dubai, which is popularly known as Gitex Global, is set to feature the first public flight of a Chinese tech firm's eVTOL two-seater flying car this year.
admin

Too Many Requests