Dominica Witnesses Family Generations Benefitting from Legacy Citizenship by Investment, Ambassador Nanthan Says
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"Longevity of our Programme demonstrates clearly that we have a Programme that is successful. [...] We have seen people becoming citizens, their children become citizens, their grandchildren, their children's children's children, and it goes on and on and on. [...] We have proven and stood the test of time - our investors know that, our agents know that, and that I believe is paramount to the success of our Programme as well."
Generations of the same families have been able to benefit from becoming economic citizens of Dominica. This summer, the CBIU adjusted its CBI Programme to encourage more family integration. More members of the main applicant's family or their spouse's can now qualify as dependants eligible for citizenship by investment. Dominica also adjusted its fund requirement threshold from US$200,000 to US$175,000 for a family of four, excluding siblings.
Prime Minister Roosevelt Skerrit commented during the same webinar: "The issue of family is very important to us, and it is for this reason that we have also brought this onboard in our CBI Programme. Recognising that, in many parts of the world, especially in the Middle East and in some parts of Asia, you have the same family structures. People look out for each other. People take care of their family, the parents and grandparents, in a very admirable manner."
To apply for citizenship from Dominica, an investor must enlist an authorised agent. After filing the necessary documentation - which agents can still submit online due to Covid-19 prevention measures - the due diligence checks start. Once 'approved in principle', the applicant makes their qualifying investment and subsequently receives their citizenship. This lasts for life and future generations.
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