Published: Oct. 14, 2021 at 8:00 AM EDT|Updated: 16 minutes in the past
LONDON, Oct. 14, 2021 /PRNewswire/ — The Commonwealth of Dominica is repeatedly proving itself to be a number one nation concerning its tourism product. Condé Nast reaffirmed this in its Travellers Readers’ Choice Awards which included Dominica’s Secret Bay as a part of its high 40 listing of resorts in the Caribbean.
Renowned internationally for its structure that seamlessly combines luxurious with sustainability, Secret Bay affords holidaymakers a way of shopping for into the award-winning property and a gateway to Dominica’s Citizenship by Investment (CBI) Programme. CBI allows vetted buyers to buy a share of the property in trade for second citizenship.
As a lot of the world begins to get better from the pandemic, it has turn out to be evident that having a second house is a necessity somewhat than a luxurious, particularly throughout occasions of disaster. Second citizenship can facilitate you and your loved ones with security, safety, and plentiful journey and enterprise alternatives.
Last yr significantly noticed high demand from American investors with statistics a 42% improve in CBI curiosity from the US in contrast to earlier years. This development has principally been attributed to COVID-related considerations, particularly the shortage of journey entry. US residents in travelling to Dominica can even be happy to know that American Airlines will start its direct service from Miami to the island by the tip of the yr, proper in time for the winter holidays.
Secret Bay, one among a handful of government-approved actual property choices underneath the CBI Programme, lately celebrated its 100th ROI payment to its CBI clientele, demonstrating its recognition amongst international buyers.
Prime Minister Roosevelt Skerrit stated: “…Investing in Secret Bay, you can be assured of your investment. You can be assured of a return on your investment. It is a project that cannot be compared to any other in the Caribbean.”
Dominica is residence to a burgeoning eco-tourism sector that has seen rising curiosity in environmentally-conscious travellers. The island has dedicated itself to sustainability and has even pledged to turn out to be the world’s first climate-resilient nation in the world, a feat that continues to make vital strides with assist from the CBI Programme.
Operating for over twenty years, Dominica’s CBI Programme affords households a trusted Plan B with life-changing advantages. Applicants can both make investments in a government fund designed to help nationwide improvement or buy a select property. Aside from Secret Bay, buyers can select seven different actual property choices from hoteliers like Marriott, Hilton and Kempinski or boutique resorts like Jungle Bay.
The Programme has additionally been constantly ranked because the world’s best offering for second citizenship by specialists on the Financial Times’ PWM journal. The researchers have repeatedly highlighted the Programme’s affordability, meticulous due diligence requirements and effectivity as causes for its world enchantment.
Those who turn out to be residents of the island achieve a second residence in a secure economic system with a foreign money pegged to the US greenback, visa-free or visa-on-arrival journey to roughly 75% of the globe and entry to a few of the world’s high schooling and healthcare establishments.
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SOURCE CS Global Partners
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