Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, October 16 2019 - 12:00
AsiaNet
Reputable Vietnamese Are Eligible for Dominican Citizenship by Investment – the Best in the World According to FT Experts
LONDON, Oct. 16, 2019 /PRNewswire-AsiaNet/ --

The Financial Times' publication – Professional Wealth Management – released 
the abridged Vietnamese version of its CBI 
Index[https://cbiindex.com/reports/]. Every year, the special report compares 
all the legislated programmes in the world that can offer certain foreign 
investors the option of obtaining second citizenship in exchange for an 
investment into the country's economy. These are known as citizenship by 
investment (CBI) programmes. Of all 13 programmes currently active in the 
world, for the third consecutive year, FT experts found that Dominica is the 
best country for economic citizenship.

This year, the independent study concluded that "Dominica emerged once more as 
the country with the world's best citizenship by investment programme, 
combining extensive due diligence with efficiency, speed, affordability, and 
reliability." It further notes that the so-called 'Nature Isle of the 
Caribbean' is a model as regards the smart management of CBI funds, which have 
helped Dominica develop its economy and standards of living over the past few 
years.

Under Dominica's CBI Programme, Vietnamese applicants must first pass all due 
diligence checks – a process that ensures that only citizens of good moral 
standing are offered the chance to become Dominicans. If 'approved in 
principle', applicants are required to either make a one-off minimum 
contribution to the Economic Diversification Fund (EDF) of USD100,000, or 
invest at least USD200,000 in a select list of pre-approved real estate. The 
latter includes renowned hospitality brands like Marriott, Kempinski or Hilton, 
and luxury boutique resorts like Secret Bay, Jungle Bay or Sanctuary, all of 
whom contribute to Dominica's booming ecotourism. The application process lasts 
up to four months.

Vietnam allows dual citizenship, as does Dominica. As a result, should 
Vietnamese applicants be successful in obtaining second citizenship from 
Dominica[https://csglobalpartners.com/solutions/citizenship/dominica/], they 
benefit from being citizens of a Commonwealth member state with all the 
facilities, rights and freedoms accorded to them. As Dominicans, specifically, 
they gain access to a significantly increased global mobility to key business 
hubs, more entrepreneurial opportunities, securing their family's future by 
passing on their citizenship to future generations, and other worthwhile 
benefits.

Vietnamese investors can start their application process under Dominica's CBI 
Programme by selecting an Authorised Agent from the official government 
website[https://cbiu.gov.dm/dominica-citizenship/authorised-agents/].

The 2019 CBI Index in Vietnamese can be downloaded for free 
here[https://cbiindex.com/reports/. 

Contact 
pr@csglobalpartners.com 
www.csglobalpartners.com 

SOURCE:  CS Global Partners
Translations

Vietnamese