Dominica’s Citizenship by Investment (CBI) Programme has gained prominence as an attractive avenue for individuals seeking global mobility and investment opportunities.
This Caribbean nation offers a pathway to citizenship through strategic investments, opening doors to various economic benefits and possibilities.
Real Estate Investments
One of the primary avenues for obtaining Dominica’s citizenship is through a qualifying real estate investment.
Investors can explore opportunities in eco-luxury resorts, hotels, and other approved real estate projects.
The real estate investments offer the potential for capital appreciation and rental income.
Diversify your investment portfolio with tangible assets in Dominica’s growing real estate market.
Dominica’s luxurious properties continue to receive international recognition. These include Conde Nast who listed Secret Bay as one of ‘the 20 Best Resorts in the Caribbean: 2023 Reader’s Choice Awards’.
Secret Bay beckons investors with the promise of premium villas and exclusive ownership. It provides a sanctuary for those seeking both financial growth and serenity.
Economic Diversification through Agriculture
Investors can contribute to Dominica’s economic growth by participating in agricultural projects.
This includes investing in sustainable farming practices, agro-processing, and export-oriented agricultural ventures.
Investors contribute towards the development of Dominica’s agricultural sector and generate employment opportunities for local communities.
Explore international trading markets for agricultural exports, such as tropical fruits and vegetables, which will support the diversification of Dominica’s economy.
The Ministry of Agriculture, Fisheries Blue and Green Economy has announced the commencement of the White Potato Season by mid-December 2023.
The White Potato Season represents a favourable agricultural investment opportunity for farmers in the region.
Entrepreneurship and Business Opportunities
Dominica encourages entrepreneurs to establish and operate businesses, fostering economic growth and job creation.
Investors can launch new enterprises or invest in existing businesses in the country that have projected long-term goals. Additionally, they can utilise Dominica’s strategic location for regional market access.
The government of Dominica, in collaboration with the CARICOM Development Fund (CDF), is embarking on a developmental project to upgrade the Champagne Beach Facility, one of the island’s premier tourist attractions.
The goal is to enhance visitor experience, creating a mutually beneficial scenario for local communities and the tourism industry.
This project not only aims to improve facilities but also opens up entrepreneurial opportunities.
The enhanced facility is expected to create business opportunities for locals, providing employment during both the construction and operational phases.
The project aligns with the government’s vision to showcase local talents in arts, crafts, and culinary sciences, contributing to the vibrant tourism sector.
Innovation and Technology
Dominica is actively promoting innovation and technology as part of its economic development strategy. Investors can explore opportunities in fintech, renewable energy, and other tech-driven sectors.
The Government of Dominica and Dominica Electricity Services (DOMLEC) have signed a significant agreement with Ormat Technologies Inc., to develop a 10 MW geothermal power plant in Laudat.
The agreement was signed on 5 December 2023 during the COP28 in Dubai.
This partnership aims to stabilise and reduce domestic electricity tariffs, decarbonise electricity generation, and responsibly utilise Dominica’s abundant geothermal resources.
The power plant is expected to be commissioned by the end of 2025. These plans include plans for further capacity expansion in the future.
Investors can contribute to the nation’s additional technological advancements that improve the socioeconomic sector and position investments in alignment with global technology trends and leverage government incentives for tech-related investments.
Dominica is one of the sought-after countries in the Caribbean and with a reputable Programme that is designed to empower Dominicans and support discerning investors with their prospective investments.