The Commonwealth of Dominica is the best country for Citizenship by Investment 
(CBI), according to an independent report published by FT Specialist. Reputable 
investors continue to trust it, while governments considering implementing a 
CBI Programme look up to Dominica as a benchmark.  

Earlier this month, His Excellency Ambassador Nanthan, the Head of the 
Dominican Citizenship by Investment Unit explained why CBI is a success story 
for the small Caribbean country. His Excellency credits the tangible impact on 
the island and the Programme's reputation for integrity and efficiency.  

Applicants feel confident in the safety and stability the Dominican citizenship 
offers. This is due to the high due diligence standards, accountability and 
transparency in managing the Programme to pre-empt any reputational or security 
risks. Nonetheless, the process is smooth and timely without compromising on 
quality.  

"We approve an individual applicant within three months," says Ambassador 
Nanthan. "Dominica is well known for its ability to have a rapid process for 
our applicants," His Excellency adds. Referring to the countless CBI-sponsored 
projects across the island, especially through the fund route, Ambassador 
Nanthan says that "people look at our programme as a benchmark because of what 
we do."

Single applicants generally prefer to obtain second citizenship from Dominica 
by making a one-off contribution to the Economic Diversification Fund (EDF). 
Qualifying investments start at US$100,000 however families can apply jointly. 
EDF funds are then invested in the country's infrastructure, healthcare, 
education, etc. IMF, ECLAC and ECCB praised Dominica's usage of CBI funds for 
making a difference in completely transforming the island over the past two 
years. Economic citizens can appreciate how their contributions changed the 
lives of their new fellow nationals. Meanwhile, the investors themselves and 
their descendants can benefit from these improvements for life.

Alternatively, the real estate route may be more suitable for entrepreneurs 
interested in diversifying their portfolio. There are several CBI-approved 
hotels and resorts, selected on the basis of their high likelihood of both 
timely completion and success. This reassures CBI applicants that their 
investment is safe, as development progress is closely monitored by the 
government. Three luxury CBI resorts have opened within a year, two of which 
– Jungle Bay and Secret Bay – have not sold out of CBI shares just yet. 
Another three CBI-approved resorts – Anichi (Marriott), Tranquility Beach 
(Hilton) and Sanctuary – will open soon.    

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SOURCE: CS Global Partners