Dominica has global recognition as a nature isle, a land of tropical trees with clear blue skies and sandy beaches. Sustaining the scenic beauty of the country, Dominica is emerging as one of the best destinations for relocation. Dominica is a small island country but if you explore how it has gotten better economically, you will be surprised. The stability of their political authorities is playing a major role in making the country progress. Dominica’s economic situation is very favorable if you plan to live there with your family. Dominica 2nd citizenship is the route towards a better lifestyle.
The program is operating for more than two decades now and it’s a success. Dominica 2nd Citizenship by Investment ranks as the no.1 CBI program for consecutive 6 years. The ranking is based on economic, political, and social aspects that make a best or worse to live in. The culture and lifestyle in Dominica are very welcoming and adaptive to new people. Getting 2nd citizenship is like making Dominica a second home where you can invest and get great benefits. Apart from business expansion opportunities, there’s a lot Dominica can offer to its citizens.
Factors behind ranking Dominica as No.1 2nd Citizenship Program
The last decade was a prime time for Citizenship by Investment Programs. Every country has made major reforms in its CBI schemes to make them more accessible. Some CBI nations are working on making their due diligence processes easy to attract more investors. In this article, we are sharing a list of major factors that makes any citizenship by investment program best for foreign investors.
Citizenship Timeline
If you are planning to apply for Dominica Citizenship, you will think that it’s a lengthy process. Especially, when we say No.1 2nd Citizenship Program, you automatically make up your mind about time taking process and delays. But to your surprise, getting a 2nd citizenship is a matter of days now. Dominica Citizenship by Investment is one of the fastest processing programs. You can become a Dominican citizen in just 90 days. In case of any delay, this duration can go to 120 days but most of our clients have received their approval in 90 days only.
Economic Stability
If you are planning to get Dominica citizenship, one of your biggest preferences would be the country’s economy. Dominica is an island country, not very commercial, and a huge name in the trading world. But Dominica definitely has a very stable economy and its currency is considered to be valuable all around the globe. Agriculture, Foresting, and Fishing are some major sources of economic growth in Dominica. A new airport and university are being built in the country to boost their economic situation. The overall worth and lifestyle in Dominica are very high-end and equivalent to many developed countries. Dominica also has a very low taxation rate on overall wealth and income which helps citizens to save a huge part of their assets for future generations.
Living Standards
According to UN Human Index, a country’s living standards are based on 4 factors expectancy, education, safety, and economy. Dominica doesn’t only have a very calm and close-to-nature vibe but is also a very safe country. The crime rate in Dominica is very low and the life expectancy rate is also getting better over years. We have already discussed the economic factor. Moreover, educational reforms are at the top of the priority list for the government of Dominica. The government is working really hard to reach international standards of education. But having Dominican citizenship will make you able to get access to quality education all around the globe because it is one of the strongest countries.
Investment Amount
It is a very important factor for a CBI program to be popular among the masses. Dominican 2nd citizenship offers multiple investment options for foreign investors. The budget starts from $100,000 which is obviously the donation amount and is non-refundable. But if we look into real estate investment, the budget starts from $220,000 which is comparatively affordable if you are a high net-worth individual with a constantly growing business. Similarly, the investment amount is refundable with a guaranteed return on investment. Also, adding your family members to the same application is very convenient and budget-friendly. Your children, spouse, parents, grandparents, and siblings all are eligible to become dependent on a very low additional fee. The program doesn’t only cater to the family of the applicant but to the spouse as well.
Residency Requirements
If you are a businessman and looking for a 2nd citizenship, it wouldn’t be easy for you to leave your business alone and visit the host country during the process. In this regard, Dominica is the best choice as there is no residency requirement. You do not need to travel during or after the process. Your 2nd citizenship will arrive on your doorstep. This is not only an economical but a time-saving option as well. There are European countries that require staying and traveling to the country during the process. It doesn’t only disturb your business but also distances you from your family for long intervals. Keeping the benefits in the head for both European residency and Caribbean citizenship, the best practical decision is to go for citizenship. And then choose the best citizenship for your family’s future, the No.1 2nd Citizenship Program, Dominica.
Freedom of Mobility
The worth of citizenship depends on the number of countries for visa-free traveling. Do you know the total count of countries in the world? Let us tell you, as per 2021 reports there are 197 countries in the world. 193 of them are UN member states and the other 4 aren’t UN members. If you get Dominican citizenship, you have the access to visa-free traveling to 145+ countries including the UK, Europe, Singapore, and Hong Kong
Other than this, freedom of global mobility is also very important for business purposes. If you want to expand your business internationally, you must have a strong for frequent traveling. Waiting and delaying visa processing is super hectic and Dominican citizenship will save you from all this.
Ease in Due Diligence
Due Diligence Check is a very important factor as it evaluates the transparency and authenticity of the program and of the participant as well. Your application has a high chance of rejection if all your documents aren’t approved by due diligence authorities. Case approval is not possible without strict internal and external due diligence checks. For Dominica Citizenship by Investment, the process is undoubtedly strict but it is faster than in any other country. The authorities don’t make unnecessary delays. Once they receive the documents, they start verifications instantly and get done with the process on priority.
Credibility of Citizenship
Dominica Citizenship by Investment is one of the oldest CBI programs operating for more than 20 years now. All these years, the country is constantly working on getting better in every aspect. Now if you want to ask how we measure the credibility of a program. The first thing is how old and sustainable it is. There are so many CBI programs that couldn’t make it to 5 or 10 years and end because of certain circumstances. Dominica Citizenship by Investment has faced hurdles but the program never stops.
The next thing is how popular the program is so if we only talk about 2021, the Maximum number of applicants went for Dominican citizenship instead of any other program. It is quite popular all around the globe. And another factor is how this is going to benefit upcoming generations. Dominican Real Estate has shown great growth over time. The next few years will be best for Caribbean Region so this is very visible that your future generations are going to get benefit from this wise decision you make today.
Contact Us to get your Dominican Citizenship in 90 Days
Saad Ahsan Immigration Law Firm is a pioneer firm to introduce the concept of Citizenship by Investment in Pakistan. We are operating as one of the best immigration firms for more than two decades with a 100% success rate. When it comes to Dominica Citizenship by Investment, Saad Ahsan Immigration Law Firm is an authorized agent and we will pursue your case directly with authorities. We have expert CBI advisors who specifically deal with Dominican 2nd Citizenship and make sure that your process will be smooth and fast.
