CBI Index: Dominica Passport Program 91% Total Score Ranked #1 in the World Want to know how well Dominica's Citizenship by Investment is rated? Read this article
Dominica is ahead of Malta, Grenada, Cyprus, Turkey, Montenegro, Antigua, St. Kitts, and St. Lucia. The Dominica Citizenship by Investment Program was established in 1993 and allows applicants to acquire Dominica citizenship and apply for a Dominica passport by making a donation to a government fund or by purchasing real estate for the entire family. The Dominica Citizenship by Investment Program offers a wide range of benefits in terms of Mandatory travel or residence, Minimum investment outlay, Ease of processing, Due diligence, Family, Stability of the program. Family), the stability of the program (Certainty of Product) six items to obtain a perfect score of ten, Dominica once again became the best passport immigration program.
Dominica Passport Program Ranked #1 in the World, According to CBI Index Released on August 19, 2019Dominica Citizenship by Investment Program (CIP)With a total score of 91% leading St. Kitts (2nd with 89%), (Grenada 3rd with 87%), (Cyprus 7th with 66%), (Malta 8th with 65%), (Turkey 9th with 61%) the "Naturalized Investor Status" industry is "evolving" rather than "understated". This is the result of the Government of Dominica's continued commitment to the quality of Citizenship by Investment, evaluating the Dominica Passport Program for the third consecutive year as the best in class.
What is the CBI Index
The CBI Index, CBI stands for Citizenship by Investment (Citizenship by Investment, Citizenship by Investment, Investing to Obtain a Passport, Passport Program), was created by theFinancial Times's subsidiary, Specialized Wealth Management (PWMThe company has issued and evaluated Citizenship by Investment (Citizenship by Investment, Citizenship by Investment, Passport by Investment) and is todayCBI index is in its 35th yearThe CBI Index analyzes naturalization-by-investment programs operating globally based on seven indicators:
Freedom of movement
Standard of living
Minimum investment outlay
Landing or residence requirements (Mandatory travel or residence)
Processing time (Citizenship timeline)
Ease of processing
Due diligence
Freedom of movement
Dominica's passport allows visa-free and visa-on-arrival travel to 130 countries, or 162 countries if you include an online visa, and is easy to apply for a 10-year B1/B2 visa for the United States.
Example of the Most Successful Passport Project in the Evaluation of Citizenship by Investment: Dominica
Dominica Citizenship by Investment Program (CIP)There is also a glimmer of hope for the small island nation, which was recently hit hard by Hurricane Maria, one of the worst natural disasters in Caribbean history. Hurricane Maria struck in September 2017, followed in August 2015 by Tropical Storm Erika. In the CBI (Citizenship by Investment Program) program has supported the construction of hurricane-resilient homes for 6,680 families to secure the future of Dominica's residents. In addition, the program is currently funding the construction of five hotels and eco-lodges in the Commonwealth of Dominica, which have a total capacity of 628 rooms, creating more than 1,000 construction jobs and providing employment for approximately 900 hospitality workers. Indirect employment will also be provided to farmers, fishermen, cab drivers and tour operators.
LONDON, Oct. 23, 2019 /PRNewswire
Europe's oldestKempinski Luxury Hotel GroupIn the Eastern Caribbean - Dominica, officially launched the first resortCabrits Resort & Spa, the Kempinski Resort in Dominicais the first international branded hotel to debut on the "Nature Island of the Caribbean," and it will give a major boost to the country's economy. Part of its development is financed by Dominica's Citizenship by Investment (CBI) program—an initiative that, according to experts at the Financial Times, has been a global success, giving rigorously vetted investors the opportunity to become economic citizens of Dominica. (news link)
LONDON, Nov. 13, 2019 /PRNewswire
Plans to build a new international airport in Dominica have reached an important milestone, as the government announced it has raised enough funding to begin work on the long-awaited project. The Government of Dominica saves millions of dollars each month through the Citizenship by Investment (CBI) program, which has helped turn Dominica into a high-end ecotourism destination on the world stage. On November 3, Dominica celebrates Independence Day, an annual festivity marking the Caribbean island's independence from Britain in 1978. The country established its world-leading CBI program in 1993. Prime Minister Roosevelt Skerrit explained the Cabinet's long-term vision: "Right now, the only missing link for the country is an international airport. Hotels are being built and opened, agriculture is being revived and expanded, and our plans include a cruise village and a new port, improving our infrastructure and sanitation facilities."Original news link
Citizenship by Investment Program: A Valuable Tool for Global Citizenship Holders
The Citizenship by Investment Index (CBI Index) looks at citizenship by investment programs in 13 countries in 2019: Antigua and Barbuda, Austria, Bulgaria, Cambodia, Cyprus, Dominica, Grenada, Jordan, Malta, St. Kitts and Nevis, St. Lucia, Turkey, and Vanuatu. The conclusion is that "applicant interest is expected to continue its upward trend", but that "citizenship by investment" is not an easy industry to enter, and that "2019 and 2020 will be the best years for new entrants to enter the industry. entrants to make it easier and get their plans off the ground." , "will likely maintain its dominant position, utilizing its lengthy experience to provide certainty and refine the process where necessary."
Citizenship by Investment demand is spreading to all corners of the globe.
A senior private banker said, "Investors from unstable regions will use the CBI program to protect their assets againstnationalization,social unrestmaybeRevolutionary riskThe impact". Christofer Ashby, managing director of L'esterre Holdings Inc, a Grenada-based real estate developer specializing in citizenship by investment programs, said that Chinese applicants accounted for about 45% of the applications approved under the major citizenship by investment programs in the Caribbean. Economic citizenship programs in Malta and Cyprus have recently been criticized by a number of MEPs who have called for them to be phased out.
"We are considering the case for naturalization before 2018," the Cypriot government said. "This is according to the EU guidelines.When the criteria change, a second check should be performed." This year 2019 Cyprus has introduced 11 categories of "high-risk individuals" in its due diligence. One of these categories is 'Politically Exposed Persons' (PEPs) - i.e. any public official. PEPs are considered a corruption risk due to their prominent influence. And they have not previously been vetted: anyone who has been convicted or investigated in their own country; anyone with links to illegal entities; or anyone who has been subject to international sanctions. Mr. Petrides said the second check involved about 2,000 Cypriot passport holders. The largest number of applicants were Russians and Chinese. (news link)
Calculation of the Citizenship by Investment (CBI) Index
The Citizenship by Investment Program Ranking evaluates all countries with a Citizenship by Investment Program and for 2019 includes the following 13 countries: Antigua and Barbuda, Austria, Bulgaria, Cambodia, Cyprus, Dominica, Grenada, Jordan, Malta, St. Lucia, St. Kitts and Nevis, Turkey, and Vanuatu. Citizenship by Investment Program RankingsSeven indicatorsincluding throughFreedom of movement ,Standard of living ,Minimum investment outlay ,Landing or residence requirements (Mandatory travel or residence) ,Processing time (Citizenship timeline) ,Ease of processing ,Due diligence The score for each of the seven indicators is 10 points, calculated as the average of the scores for each composite indicator and sub-indicator. The maximum score that can be obtained for each item is 70, and all final scores are expressed as a percentage of the total score.
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