Citizenship by Investment Dominica at a Glance
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CITIZENSHIP BY INVESTMENT DOMINICA AT A GLANCE CONTENTS Dominica Dominica at a glance 3 Caribbean Portsmouth Location 5 West Indies Economic Citizenship 7 Two Options for Citizenship 10 Roseau Dominica Real Estate 15 History & Government 16 Explore 19 NTL Trust 27 Though only a pinpoint on the world map, Dominica is simple yet complicated, relaxed yet very busy, sometimes seemingly locked in a past time, yet pushing into NTL Immigration 27 its future – a very alive place on this earth. Simply stated, Dominica is picturesque. A diver’s dream and a hiker’s paradise, Dominica in its unspoiled beauty is unlike any other Caribbean destination. Known as “The Nature Island,” tropical rainforests cover more than two thirds of the island, offering a home to more than 1,200 plant species. It is one of the geologically youngest islands in the Caribbean chain and still evolving with continuous geothermal activity. The island’s volcanic landscape consists of extremely rugged, mountainous terrain. It is home to the highest concentration of volcanoes on the planet; there are nine potentially active volcanoes on the island. Boiling Lake, the world’s second-largest hot spring can be found here. The climate is spring-like; the sun is either shining or it is raining. A day doesn’t go by where one doesn’t see a rainbow. 2 3 Dominica is an island of unsurpassed natural beauty with warm, friendly people. It is 290 square miles in size, and is populated by just over 72,000 people. 365 rivers LOCATION interlace the forests; there are a multitude of waterfalls, some falling hundreds of feet. The highest mountain is 4,746 feet tall. Dominica is surrounded by the often- tumultuous Atlantic Ocean on the east and the calming Caribbean Sea on the west. International fl ights from US and Europe are connected to the island through hubs in The majority of Dominica’s beaches are black sand due to the island’s volcanic Antigua (ANU), Barbados (BGI), St. Maarten (SXM), Puerto Rico (SJU), Guadeloupe upbringing. Dominica, a part of the Caribbean West Indies series of islands, is fl anked (PTP), and Martinique (FDF). Leeward Island Air Transport (LIAT) offers direct closely by Guadeloupe to the north and Martinique to the south. connections from ANU, BGI, SXM, SJU, and PTP, as well as other connecting fl ights across their 22-island network. BVI Airways provides service from St. Maarten and The Nature Island, Dominica, supports 3 National Parks / Forest Reserves that provide Tortola (EIS). a multitude of hiking trails & paths (ranging from easy to very challenging) leading to numerous waterfalls, a volcanic boiling lake, a freshwater lake, dormant volcanoes If you prefer to travel by sea, you can consider the catamarans, which seat 300– and other rain forest attractions. A Marine Reserve offers a rich abundance of reefs, 400 passengers, and are operated by L’Express des Îles. The ferries transport corals, fi shes and other marine life; some of the best scuba diving in the world is passengers between Dominica, Guadeloupe, Martinique and St. Lucia. experienced here. Whales and dolphins frequent the surrounding sea. Every year, hundreds of thousands of visitors arrive on the island from cruise ships Fish, fruit and vegetables provide everyday staples. The majority of citizens have at the Roseau Cruise Ship Berth, Woodbridge Bay, and Cabrits Cruise Ship Berth. gardens, and those that don’t can rely upon their neighbors that do. Community markets, likewise, offer a wide variety of produce: bananas, plantains, mangos, Captains and sailors can also anchor their private yachts or boats at any of the oranges, grapefruit, limes, pineapples and a variety of other fruits and vegetables island’s offi cial ports, but they should check in with customs and immigration upon support Dominica’s economy. arrival. Capital City Roseau WEATHER 2 2 Total Area 750 km / 290 mi The average high temperature is 85°F in January / 90°F in July; Population 73,000 average low temperature is 68°F in January / 72°F in July. Dry season generally occurs January – May, GDP US$ 516,7 Million rainy season from June – October. The south and the west coasts Language English & French receive about 85 inches of rain annually, while the mountainous Patois interior rainforest gets more than 340 inches per year. Light Independence from UK 1978 to moderate showers occur everywhere year round. Hurricane season is predominantly between Main Island Dominica August and mid-October. 4 5 ECONOMIC CITIZENSHIP A second passport is within your reach through the Citizenship by Investment Programme Dominica. Securing a second passport through the Citizenship by Investment programme can help protect you and your family, as well as expand your economic interests. Citizenship through investment from an island paradise is possible! Take the path to protect your family, secure your fi nancial empire, and travel the world worry-free. Are you ready to enjoy the benefi ts of a second passport and dual citizenship? Created as a stimulus for domestic economic growth in 1993, Dominica Citizenship by Investment is one of the most affordable legal programmes available to the global community. The highly reputable Citizenship by Investment programme in Dominica invites investors of good character to make an economic contribution to Dominica; in exchange, the applicant and their family are eligible to obtain full citizenship of the country, within the strict guidelines of the law. The Citizenship by Investment programme is set out in the regulations published pursuant to Section 101 of the Constitution and Sections 8 and 20 (1) of The Citizenship Act. Presently there are two programmes available to qualify for Citizenship by Investment. The government requires either a contribution made into the Government Fund, or by acquiring government-approved real estate. Both programmes offer lifetime citizenship, which can also be passed on to descendants, and access to extensive visa-free travel. 6 7 VISAFREE TRAVEL A Dominica passport allows visa-free travel to more than 135 countries, including all European Union countries, the United Kingdom, Ireland, Caribbean and Commonwealth Nations, Hong Kong and Singapore. n Anguilla n Ecuador n Lithuania n South Africa n Antigua & Bar- n Egypt n Luxembourg n Spain buda n Estonia n Macao n Sri Lanka n Andorra n Fiji n Madagascar n St. Barthelemy n Armenia n Finland n Malawi (France) n Aruba n France n Malaysia n St. Helena, n Austria n French Guiana n Maldives Ascension & n Bahamas n French West n Mali Tristan de Cunha n Bangladesh Indies n Malta n St. Kitts & Nevis n Barbados n Gambia n Martinique n St. Lucia n Belgium n Georgia (France) n St. Maarten n Belize n Germany n Mauritania (The Netherlands) n Bermuda n Gibraltar n Mauritius n St. Martin (France) n Bolivia n Greece n Micronesia n St. Vincent n Bonaire, n Greenland (Federated States) & Grenadines St. Eustatius & n Grenada n Montserrat (UK) n Suriname Saba n Guadeloupe n Mozambique n Swaziland n Botswana (France) n Nauru n Sweden n Brazil n Guernsey (UK) n Nepal n Switzerland n Bulgaria n Guines-Bissau n Netherlands n Tanzania ADVANTAGES OF DOMINICA CITIZENSHIP n Burundi n Guyana n Nicaragua n Timor-Leste n Cambodia n Haiti n Niue n Togo n Cape Verde n Hong Kong n Norway n Tonga Quick processing: A lifetime citizenship and new passport is n Cayman Islands n Hungary n Palau n Trinidad & Tobago n Centro African n Iceland n Palestinian Ter- n Turkey granted in 3–4 months. Republic n Ireland ritory n Turks and Caicos n Chad n Isle of Man (UK) n Panama Islands Low cost: Dominica offers one of the most affordable legal n Chile n Italy n Peru n Tuvalu programmes available to the global community. n Colombia n Jamaica n Philippines n Uganda n Comoros Islands n Jersey (UK) n Pitcairn Islands n UK Good visa-free travel: The Dominica passport allows visa-free n Cook Islands n Jordan (UK) n Vanuatu travel to more than 135 countries. n Costa Rica n Kenya n Poland n Venezuela n Cuba n Korea (Rep.) n Portugal n Vietnam Zero tax: The island has no income, wealth or inheritance taxes. n Curacao n Kosovo n Samoa n Virgin Islands – n Czech Republic n Kuwait n Seychelles British (UK) Privacy: The application process is confi dential. n Denmark n Laos n Singapore n Zambia n Djibouti n Latvia n Slovakia Hassle-free: There is no requirement to visit Dominica in order to n Dominican n Lesotho n Slovenia qualify for citizenship. Republic n Liechtenstein n Solomon Islands 8 9 TWO OPTIONS FOR CITIZENSHIP GOVERNMENT FUND REAL ESTATE OPTION The Government Fund was estab- Tourism is a fuel for the county’s econ- Process of obtaining citizenship Process of obtaining citizenship lished through the economic citizen- of Dominica though donation omy. In a move to increase tourism-re- of Dominica though investment ship programme as one component of to the Government Fund lated development, the Citizenship by in approved real estate developments a national capital mobilization portfo- Investment programme allows for real lio towards an ultimate goal of nation- 1. The Investor and NTL sign the estate purchase in approved develop- 1. The Investor signs the NTL al development for Dominica. professional service agreement, the ments. professional service agreement and application forms are completed the sale/purchase agreement with the To qualify for citizenship under this in- and checked by NTL Legal team and To qualify, the investor (or investors) developer, the application forms are completed and checked by NTL Legal vestment option, there are four invest- Dominica Local Agent. must enter into contract to purchase team and Dominica Local Agent.