There is not a shadow of doubt in the minds of Dominicans that their nation’s Citizenship by Investment (CBI) Programme has helped them in almost every sector of life. From economic recovery and resilient infrastructure to a robust healthcare system, CBI has been with Dominica every step of the way. However, another pivotal sector the country’s CBI Unit has highly uplifted is education which ensures young Dominicans a brighter future.
Dominica’s CBI Unit has allocated $26 million to sponsor its youth into some of the best international schools around the world. Many of the students are placed in educational institutions in the United States, Canada, or the United Kingdom for a life-changing post-secondary experience.
Along with international education, the CBI Unit also wants to guarantee that national institutions are also strong. After 2017’s Hurricane Maria’s wrath, much of the infrastructure of the island was lost. Nonetheless, according to the Financial Times 2019 PWC report, CBI funds helped cover the costs of 15 schools that were damaged on the island.
Education Mentorship Programme
The Education Mentorship Programme, which is a stem of the National Employment Programme, places mentors within schools to tutor students who would not otherwise be able to afford or access extra attention after school. Overall, nearly 4,000 people participated in these internship programmes since 2013 and over 200 people have graduated and entered permanent jobs as a result. Individuals on these schemes have worked across several sectors of the economy, including both the public and private sectors, and have helped to develop both local communities as well as mentoring future generations of workers.
The funds for education initiatives are retrieved from Dominica’s Economic Diversification Fund, one of the options foreign investors can opt for when attaining a second citizenship from the island through its CBI programme.BACK TO NEWS FEED