All Dominicans Benefit From The Citizenship by Investment Program
/Roosevelt Skerrit, Prime Minister of the Commonwealth of Dominica, spoke at a weekly government program about the country's achievements this year. Particularly highlighted were some projects that did not stop due to the pandemic. For example, the construction of several hotels and the continuation of the housing program. Both of these programs are funded by the Dominica Citizenship by Investment Program.
“What we have done is restructure the Programme to enhance its integrity, enhance its transparency, enhance its accountability and we also ensure that in the process that all Dominicans benefit from this Citizenship by Investment Programme," said Prime Minister Skerrit on his weekly show. "We've been able to use our CBI for hotel development and ensuring that there is a spread of these properties. Also utilising the CBI to generate much-needed funding for housing, which is so important to our people, for healthcare, for our people building hospitals and health centres. And of course, we are going to use CBI as an instrument to finance the international airport."
Foreign investors can obtain Dominican citizenship by investing in a government fund or real estate. All the money received from the program is directed to various sectors, for example, healthcare, education, tourism, etc.
