For the Caribbean island of Dominica, healthcare has always been a priority. When Hurricane Maria hit the population of 72,000 in 2017, it caused devastating destruction to the economy and infrastructure of the island, costing billions of dollars.
Maria damaged many health facilities and hospitals in the country. However, thanks to the country’s Citizenship by Investment (CBI) Program that lets credible High-Net-Worth individuals invest in Dominica citizenship and its real estate, recovery efforts were swift.
Repairing Medical Infrastructure
A 2019 report curated by the conglomerate firm PricewaterhouseCoopers (PwC) examined Dominica’s Citizenship by Investment Program and how it applies the funds generated to develop areas in its healthcare sector. The report underlined the health initiatives funded by the country’s CBI Program, including major repairs of three healthcare centres and six hospitals following the hurricane.
Medical Treatment Abroad For 16 Children
Along with the recovery of the three hospitals and six healthcare centres, Dominica Citizenship by Investment Program also sponsored 16 children to get critical medical treatment abroad between 2017 and 2018. Dominican Prime Minister Roosevelt Skerrit has often mentioned that the CBI Program is a “lifeline” to the country’s swift recovery and that it is setting the island on its path to becoming the world’s first climate-resilient nation.
A Climate Resilient Start
Last year, the government also announced the construction of a new climate-resilient, smart hospital in the community of Marigot. In September, a modernised hospital wing opened with support from the Chinese government. “We will be utilising the route of the CBI to finance the Marigot Hospital similar to how we are building the residences, the homes in Dominica utilising Citizenship by Investment funds,” said Prime Minister Skerrit.
Benefits of Dominica Citizenship & Passport
- You make your investment after your application is approved, not before.
- The Dominican passport is insurance for you and your family against unexpected personal, political or economic strife.
- Visa-free and visa-on-arrival travel to over 140 countries including the United Kingdom & Schengen states
- No interview, education or management experience required.
- No taxes on capital gains, gift, wealth and inheritance; no taxes for non-residents.
- You can include your children up to the age of 30.
- There is no need to renounce your current citizenship(s).
The Government of Dominica established a new embassy in the Capital of the United Arab Emirates, Abu Dhabi, on January of 2020, becoming the first Dominican mission to the country, and also to the Middle East.
Dominica is now accepting citizenship application submissions through their online portal, meaning that you can apply and become a Dominica citizen from the convenience of your home.
Dominica was ranked No. 1 in 2017, 2018 and 2019 in the Citizenship by Investment Index (CBI Index), a publication by the Financial Times’ Professional Wealth Management (PWM) Magazine.
At Savory & Partners, we can help you secure Dominica citizenship and passport, just book a free online consultation with our team of expert consultants to check your eligibility and proceed with your application.
Our team speaks multiple languages (Arabic, Farsi, Urdu, Hindi, Azeri, Turkish, English, French, Spanish, Serbian, Russian, Bulgarian and Tagalog) and is ready to assist you so you can have a smooth and pleasant application process.
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