Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, June 26 2020 - 11:00
AsiaNet
Dominica Expands Definition of Dependant Under Its Citizenship by Investment Programme
LONDON, June 26, 2020 /PRNewswire-AsiaNet/ --

On Wednesday, the Government of the Commonwealth of Dominica announced new 
changes to the country's Citizenship by Investment 
[https://cbiu.gov.dm/dominica/facts/] (CBI) Programme. Families applying 
jointly for Dominican citizenship can now include more types of dependants. 
This regards adult children, siblings, parents, grandparents, and new spouses.

The new rules qualify children aged 16 to 30, parents and grandparents of the 
main applicant or their spouse for citizenship, so long as they demonstrate 
support. Unmarried and childless adult siblings, whether biological or adopted 
can also qualify as dependants under CBI. Should a main applicant marry or have 
children after obtaining Dominican citizenship, their new spouse or newborns 
can apply for citizenship. The same is valid for a main applicant's dependant, 
meaning family reunification via Dominican CBI is extensive and lasts for 
generations.

"Obtaining Dominican citizenship might be one of the most valuable investments 
one makes into their family's future and security," says Paul Singh, Director 
of London-headquartered government advisory CS Global Partners. Prime Minister 
Roosevelt Skerrit said in a press release 
[https://www.prnewswire.co.uk/news-releases/dominica-facilitates-family-reunific
ation-with-new-changes-to-its-citizenship-by-investment-programme-811977487.html
] that the new changes aim to "accelerate family reunification in a world where 
togetherness, and the right to all be able to live in a safe, stable, and 
welcoming environment is more important than ever."

Importantly, since due diligence is the cornerstone of Dominica's CBI 
Programme, dependants must first successfully pass all the security checks. 
Main applicants must undergo due diligence again if their new dependant, such 
as a new spouse, applies for citizenship over a year since the original 
submission.

Dominica remains the best country for citizenship by investment 
[https://cbiindex.com/reports/], according to the past three annual editions of 
the CBI Index, published by FT's PWM magazine. Established in 1993, Dominica's 
CBI Programme offers two stable routes to citizenship. One can either 
contribute at least US$100,000 to a government fund 
[https://cbiu.gov.dm/investment-options/economic-diversification-fund/] or 
invest a minimum of US$200,000 in pre-approved real estate 
[https://cbiu.gov.dm/investment-options/approved-real-estate-projects/]. 
Foreign investors prefer Dominica for its three-month processing, 
affordability, trustworthiness, and lifetime benefits like good healthcare, 
education and visa-free travel. 

CBI proceeds have transformed Dominica in recent years. The fund contributions 
sponsor virtually all aspects of life on the island, like overhauling its 
infrastructure or modernising healthcare. The real estate arm is building a 
promising ecotourism industry focused on less crowds, more privacy and 
eco-luxury experiences on the Nature Isle of the Caribbean. 

Contact: 
pr@csglobalpartners.com 
www.csglobalpartners.com

Source: CS Global Partners
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