A recent report by PwC highlights that the government of Dominica has efficiently utilized funds obtained from its Citizenship by Investment Programme for national development, drawing significant attention from investors. It is reported that during the 2018-2019 period, these funds were extensively allocated to various sectors, including housing initiatives, post-disaster recovery, road and transport infrastructure, and business expansion.
Specifically, the funds obtained by the government of Dominica through the Citizenship by Investment Programme have played a vital role in restoring the island's infrastructure. These funds have been fully utilized for housing reconstruction and development, the repair of 15 roads and 19 bridges, and the creation of thousands of jobs for residents. Meanwhile, the infrastructure at the existing Douglas-Charles International Airport has been improved, and the government has collaborated with relevant departments to develop research plans aimed at assessing the feasibility of constructing a new international airport in the northeastern part of the island.
Experts state that this series of initiatives is conducive to the economic development of Dominica, attracting more international tourists and facilitating the country's broad transition toward a service-oriented economy, which will enhance its long-term growth potential. Notably, the release of this PwC report reveals the transparency of the fund flows within the Dominica Citizenship by Investment Programme and sends a positive signal to global investors: the programme is operating robustly, and investors choosing the Dominica Citizenship by Investment Programme can rest assured.
The Dominica Citizenship by Investment Programme has long stood out as one of the most efficient and transparent economic citizenship options, consistently ranking high in the comprehensive indices of global citizenship by investment research reports. The programme was incorporated into the constitution in 1993, making it one of the longest-running, most policy-stable, and enduring citizenship by investment programmes in existence. Since its inception, it has been highly favored by global investors for its low investment threshold, simple application process, and rapid approval times.
Currently, among the investment options, the Economic Diversification Fund is the most efficient, simple, and private way to obtain Dominican citizenship. Applicants can obtain Dominican citizenship for up to four generations of their family by making a contribution starting from $100,000 to the national government fund and paying the relevant government fees, thereby enjoying the benefits of Commonwealth citizenship.
Advantages of Dominica Citizenship by Investment
1. Low investment amount, starting from $100,000, to legally obtain citizenship for four generations of the family at once;
2. Short application cycle, typically approved within 1-2 months after submission;
3. Convenient travel, with visa-free or visa-on-arrival access to over 130 countries and regions;
4. Children can enjoy free British-style education. Those returning to China for further studies as international students may be eligible for exemption from written examinations for admission to top domestic universities. Most Commonwealth countries recognize each other's credits and degrees, allowing for transfers to other Commonwealth nations;
5. No residency requirements (no immigration jail), and no requirement to land;
6. Favorable tax system, with no property tax, gift tax, foreign income tax, or capital gains tax;
7. Beautiful environment, a vacation paradise.
As a pioneer in Commonwealth passport programmes and one of the most successful companies in promoting the Dominica Citizenship by Investment Programme, Worldway Group has seen its senior management visit and host the Prime Minister of Dominica, Mr. Roosevelt Skerrit, on multiple occasions.
Asset allocation, citizenship first! In this 2019 year of citizenship planning, choose Worldway for your Dominica Commonwealth passport programme! For details, please call: 400-138-2929
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