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While many South Africans have endured instability for decades, it has become clear that instability continues to reign supreme. As the world grapples with yet another crisis, one thing remains clear; South Africans must focus on building resilience, and many are doing this by diversifying their portfolios with Dominica’s Citizenship by Investment Real Estate option.

The Commonwealth of Dominica’s Citizenship by Investment Programme Real Estate option is so much more than a second home. It is the key to a safe haven, especially during times of crisis, and to generous rewards and benefits from the initial investment outlay.  It is also an affordable and viable option for those looking for an alternative citizenship for themselves and their families. 

Dominica’s burgeoning eco-tourism industry continues to attract savvy investors looking to secure a valuable asset along with the opportunity to gain second citizenship. As the nation works toward becoming the world’s first climate-resilient nation, this is the ideal time for South Africans to invest in proven products with guaranteed returns.  

“Dominica is a world-leader in advocating for climate change. As a small nation with a big heart, Dominica aims to be the world’s first climate-resilient nation by 2030,” says Dr the Honourable Roosevelt Skerrit, Prime Minister of Dominica. 

 Resilience is the capacity to recover quickly from difficulties that may arise, and Dominica is building a nation that can do just that for investors looking to better their long-time prospects.  

Dominica Real Estate: The Affordable Route to Second Citizenship 

Under Dominica’s Citizenship by Investment Programme, investors looking to expand their real estate portfolio have the opportunity to invest in established luxury hotel brands and villas and receive Dominican citizenship.  

This real estate route supports several sustainable resorts from renowned hoteliers that prioritise the natural environment. Over the years, it has attracted internationally recognised hotels to its shores, from Marriott, Hilton, Kempinski, and unique boutique villas and resorts like Jungle Bay and the award-winning Secret Bay

The real estate option offers investors the opportunity to diversify their portfolios while making a significant return on their initial outlay. Investors may also receive the right to reside at the property for a certain amount of time every year.  

Applicants who want to become citizens of Dominica can do so by investing USD 200,000 (around R3, 000,000) in one of the pre-approved real estate projects. All applicants must apply through an Authorised Agent, who act as a go-between for the investor and the Citizenship by Investment Unit. The transaction occurs between the investor and the real estate developer in the form of a purchase and sale agreement. The applicant must also pay government and due diligence fees. 

After successfully passing its multi-tiered and robust vetting process, successful applicants gain full citizenship for life with the right to live, work and study in the nation, as well as the ability to pass down citizenship for generations to come. 

The real estate must be held for either three years from the date citizenship is granted or, if the future purchaser is also a citizen by investment applicant, five years from the date citizenship is granted.  

Why Dominica is a Good Fit for South Africans 

Dominica is a good fit for providing a viable and affordable Plan B for South Africans who want an alternative option. Applying for citizenship is a straightforward process and applicants do not need to travel to Dominica, nor do they need to fulfil any residency requirements.  

Along with low levels of crime, Dominica offers a good standard of living, good education, and a high standard of healthcare. The nation is run by a stable and trusted government, has strong fiscal policies, and supports private sector investment.  Dominica is part of the Commonwealth, and its legal system is based on English Common Law, just like one-third of the world’s jurisdictions.

“Dominica has a range of business opportunities for South African investors who can be confident that their investments and businesses will be protected under the same laws and regulations as Dominicans once they become citizens. This guarantees peace of mind to the investor, knowing that their assets are secure,” said Prime Minister Skerrit.

Successful applicants can enjoy a variety of benefits, which include opportunities for higher education, attaining a safer future for one’s children, tax planning, and wider business flexibility. The popularity of Dominica’s Citizenship by Investment Programme among high-net-worth individuals is recognised as proof of its value.  

The beauty about the Citizenship by Investment programme is that it really is a win-win solution for both the investor and the host country. The due diligence process allows Dominica to know exactly who the investors are, and the investment enables the nation to grow sustainably without international aid and funds can build roads, schools and hospitals which benefit citizens.  

Make the Change 

Many who have stayed in South Africa, stayed in the hope that the dream of the ‘Rainbow Nation’ would be honourably fulfilled. They stayed and invested, built businesses, had families. Always working together to attain the dream. But after almost three decades, they are worn down, frustrated, and nervous about the future.  

The last few years have proven that one needs to be resilient in order to thrive in the new world. One way to build a resilient life and future is by investing in a second citizenship. Just as we insure our homes, cars, businesses, and lives, investing in second citizenship is like insuring our futures. It would be irresponsible not to. It has become evident that having a second home is a necessity rather than a luxury. It can help you and your family with safety, security, and abundant economic, financial and lifestyle opportunities.   

South Africans are beginning to realise that it is time to safeguard the future by investing in a Plan B.  

What is a Plan B? It is the ultimate insurance policy of the 21st Century. It is Citizenship by Investment.  

While most South Africans do not want to leave, what if you have to? And what if you do not have access to another citizenship via ancestral descent? Dominica’s Citizenship by Investment Programme is an affordable, legal way that offers investors a vital Plan B.  

Dominica Citizenship by Investment 

Established in 1993, Dominica’s CBI Programme has helped vetted individuals and their families in becoming citizens of the nation once they either invest in a government fund or purchase pre-approved real estate properties. The programme is one of the longest-standing options on the market and continues to be ranked as the world’s best by the annual CBI Index report conducted by experts at the Financial Times’ PWM magazine. 

Dominica’s Citizenship by Investment Programme’s transparency, due diligence, and fast processing features has positioned it as the most trusted and attractive within the industry.  

The country places a high focus on the safety of its citizens and third-party due diligence background checks are thorough. These checks are conducted on all applicants, including their dependents over 16 years old, to ensure that no illegal persons are granted citizenship.  DM

 

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