Worldway Group has learned that Dominica's Prime Minister Roosevelt Skerrit and World Bank Caribbean Country Director Tahseen Khan recently signed a financing agreement worth $27 million.
Dominica will construct a 7MW geothermal power plant. This will help Dominica diversify its energy mix, increasing the share of renewable energy from an already impressive 25% to 51%.
“Signing this agreement is another milestone in our quest to develop Dominica’s geothermal resources,” explained Prime Minister Roosevelt Skerrit, emphasizing the need to reduce reliance on fossil fuels.
Worldway Group experts note that in recent years, Dominica has attracted increasing attention from high-net-worth investors. Located in the Caribbean, south of Miami, USA, Dominica is known as the “Second Home of the United States” and the “Pearl of the Caribbean.” Its Citizenship by Investment Program was officially enacted in 1993 and enshrined in the constitution. By investing in Dominica, investors can legally obtain Dominican citizenship without the requirement to reside in the country, making it one of the most stable citizenship-by-investment programs available.
Since its launch, the Dominica Citizenship by Investment Program has been highly popular among global investors due to its low investment threshold, simple application process, and fast approval times. Among the investment options, the Economic Diversification Fund is a highly efficient, simple, and private way to obtain Dominican citizenship. Applicants can obtain Dominican citizenship for their entire family of four generations by donating from $100,000 to the national government fund and paying the relevant government fees, enjoying the benefits of Commonwealth citizenship!
Advantages of Dominica Citizenship by Investment
1. Low investment amount, starting from $100,000, to legally obtain citizenship (nationality) for a family of four generations in one go;
2. Short application cycle, typically approved within 1-2 months after submission;
2. Convenient travel, with visa-free or visa-on-arrival access to over 130 countries and regions for Dominican citizens;
3. Children can enjoy free British-style education. If they return to China for further studies as international students, those who meet the criteria can easily enroll in top domestic universities without written exams. Academic credits are mutually recognized among Commonwealth countries, allowing for transfers to other Commonwealth nations;
4. No immigration residency requirements, no requirement to land;
5. Favorable tax system, with no property tax, gift tax, foreign income tax, or capital gains tax;
6. Beautiful environment, a vacation paradise.
As a pioneer in Commonwealth passport programs and one of the most successful companies in promoting the Dominica Citizenship by Investment Program, Worldway Group has maintained excellent trust, interaction, and cooperation with the governments of Commonwealth countries like Dominica for many years. Prime Minister Roosevelt Skerrit of Dominica has visited Worldway Group executives multiple times.
Currently, it is the 5th Worldway Group US Immigration Month. To thank new and old clients, Worldway Group is launching major discounts across all mainstream programs with many highlights not to be missed! For details, please call 400-138-2929 or click to read the original article for consultation.
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