The Government of Dominica has announced significant improvements in its citizenship program through investment in real estate, making the program more competitive due to lower government fees.

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In an article from the Financial Times’ Professional Wealth Management (PWM) CBI Index last month, the publication ranked the Commonwealth of Dominica and St. Kitts and Nevis as the two best Citizenship by Investment Programs (CIPs) in the world, with the Caribbean dominating the top 5 of the 12 positions for second citizenship and passport schemes also found in Europe and Southeast Asia.

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New amendments to Dominica’s Citizenship by Investment Program have made the affordable and popular program even more appealing to the global investor, and second citizenships have never been so readily attainable for multigenerational families.

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The Commonwealth of Dominica has so much more to offer than its picturesque landscapes. In recent years, the Caribbean island has established itself as a business and investment center with a thriving construction sector, and continues to attract investors from all around the world.

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Last week, the prime minister of Dominica, Roosevelt Skerrit, announced during his budget speech that contrary to previous discussions, the current pricing for the Dominica’s citizenship by investment program will no longer increase this year (2016) and will remain unchanged.

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Last year, the Prime Minister of the Commonwealth of Dominica, Roosevelt Skerrit, announced several projected changes concerning Dominica’s Citizenship by Investment Program. He declared that the program experienced such great success in recent years through attracting funds from foreign investors into Dominica’s economy.

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