Located between the French territories of Guadeloupe and Martinique in the Caribbean, the Commonwealth of Dominica gained independence in 1978. The island has plenty to offer those who choose to make its sunny shores their home. It’s perfect for any eco-tourist looking for an adventure, or simply for those looking to lead a quiet, nature-enshrined, stress-free life.
Known as the “Nature Isle of the Caribbean”, Dominica is without question one of the most beautiful islands that boasts of unspoiled beauty and one of the best standards of living in the region. Dominica exudes an inherent sense of inclusiveness orchestrated by the distinct blend of African, Caribbean, French and English influences.
“We are a nation deeply rooted in community values and a mindset of reciprocity,” says Roosevelt Skerrit, the Prime Minister of Dominica.
The island has numerous rivers and waterfalls, green mountains, and beautiful ocean views. With rainforests full of rare fauna and flora, and opportunities to snorkel, dive and discover underwater hot springs, it’s clear why Dominica is a growing ecotourism destination. Dominica welcomes over 200,000 tourists annually, most of whom are day-trippers that visit the island as part of their cruise journey.
Geographically, Dominica is about the size of Singapore, and there are less than 75,000 people who live on the island. Most residents are of African descent, although there is a small indigenous population (the last in the Caribbean) and a growing number of Western and Eastern inhabitants. English is the official language, but the French dialect, Creole, is also widely spoken. Furthermore, the island is considered one of the happiest places in the world to live as a result of a great island lifestyle in a safe, friendly, and beautiful country.
Dominica offers a low cost of living which of course depends on lifestyle and location. Still, it is possible to live very comfortably with a stable and growing economy, affordable access to primary services including electricity and water, as well as a robust education system subsidised by the government that maintains a 94 per cent literacy rate.
Public health services are free, private health services are structured, and the standard of health across the island is excellent. Facilities are modern and up-to-date, and for critical care and specialised services which are not available on the island, there are provisions in place for patients to receive the necessary health care in neighbouring island facilities.
With all these attractions, it’s no wonder Dominica is fast becoming one of the most sought-after destinations for a second passport and home. Thanks to Dominica’s Citizenship by Investment (CBI) Programme, it is now possible for foreigners to retire or reside permanently in Dominica.
Citizenship by Investment
Established in 1993, the Dominican CBI Programme is one of the oldest in existence. It has recently been ranked one of the worlds’ best CBI programmes for the fourth time in a row by the CBI Index 2020. The Programme allows well-vetted investors and their families to either contribute to a government fund or invest in pre-approved real estate on the island in exchange for citizenship.
“Emerging for the fourth consecutive year as the world’s best CBI Programme, Dominica balances an excellent reputation for meeting the needs of investors with strong due diligence, a low minimum investment outlay, efficient processing, and a renewed focus on family reunification,” the Index reads.
Dominica’s CBI Programme is one of the most practical and affordable, provided one takes the fund route. It also offers visa-free or visa-on-arrival entry to approximately 140 countries, including Europe’s business hubs, Hong Kong, Malaysia and Singapore, among others.
Additionally, in terms of citizenship, once you obtain your passport, you are a citizen for life. You are also allowed dual citizenship while enjoying your Dominican citizenship which affords you the ability to purchase property, as well as the possibility to live and work in Dominica.
Possibly one of the most attractive aspects of Dominica’s CBI Programme is that your citizenship can be inherited so that you can pass on Dominican citizenship to your children as your legacy.
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