Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, May 28 2021 - 11:00
AsiaNet
Pandemic is Highlighting a Booming Interest in Dominica's Green and Ethical Real Estate
LONDON, May 28, 2021 /PRNewswire-AsiaNet/ --

According to a recent report, investors are choosing to focus on finding 
secluded destinations that have efficiently tackled the spread of the 
coronavirus. The Knight Frank's Prime Global Forecast 2021 report ( 
https://www.knightfrank.com/research/report-library/prime-global-forecast-2021-7626.aspx 
) highlights that the real estate market, which took a hit during the pandemic, 
is anticipated to bounce back with new trends. This will include an emphasis on 
green and ethical investing.

The Commonwealth of Dominica is one such destination that is witnessing growing 
interest amongst investors from the Middle East, Asia and Africa. Its real 
estate market has witnessed growth in recent years due to the number of 
internationally renowned hoteliers flocking to the island. From Marriott to 
Hilton to Kempinski, Dominica has become a burgeoning market for luxury real 
estate that still prioritises the environment, a vital component for the 
island's growing eco-tourism sector.

The island is also one of the few nations to manage the community spread of 
COVID-19 and has recorded zero deaths since the onset of the pandemic. Its 
response to the virus was praised by the United Kingdom's Development Director 
in the Caribbean, who said the island did a "superb job" in containing COVID-19.

Dominica also presents the unique opportunity to acquire citizenship with the 
purchase of selected real estate options. Under its Citizenship by Investment 
Programme ( https://cbiu.gov.dm/investment-options/real-estate/ ), investors 
and their families can become citizens of the island once investing a minimum 
of $200,000 through its real estate arm. The option helps applicants diversify 
their assets, enabling them to build their wealth portfolio while also 
providing a second home for them and their families. After holding the property 
for three or five years, the investor can sell and obtain a return on their 
investment. 

"There are now eight approved projects under the real estate arm of the 
Dominica Citizenship by Investment Programme, all of which are tourism 
developments. Thanks to such investments in real estate, Dominica is becoming a 
destination for luxury tourism, with a number of major hotel brands having now 
settled in Dominica. Applicants also have the option of investing in luxury 
villas that are part of larger resorts, such as The Residences at Secret Bay, 
an award-winning development devised and constructed with the hard work of 
local citizens and residents," says Ambassador Emmanuel Nanthan, Head of 
Dominica's Citizenship by Investment Unit.

Once gaining receipt of citizenship, investors gain access to visa-free or 
visa-on-arrival entry to over 140 countries and territories, the right to live, 
work and study in Dominica and the invaluable ability to pass citizenship down 
through descent. 

CONTACT: +447867942505, pr@csglobalpartners.com, www.csglobalpartners.com 

SOURCE: CS Global Partners

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