The Citizenship-by-investment programmes are increasingly becoming popular among wealthy residents in the UAE in particular and in the Middle Eastern citizens in general.
Dominica PM Skerrit and CEO of Citizenship Unit visited Dubai-based AAA Associates, a leading advisory specialised in the Citizenship-By Investment (CBI) programmes
Honorable Prime Minister of Dominica Mr. Roosevelt Skerrit was the chief guest at the seminar accompanied by His Excellency Emmanuel Nanthan, Head of Citizenship by Investment Unit of the Commonwealth of Dominica who said: “High demand and interest from the UAE significantly contributed to the UAE-Dominica bilateral relations, which lead the Dominican government to establish Dominica Embassy in Abu Dhabi and Dominica Consulate General in Dubai. The diplomatic mission is under the formation process and will be operational soon.”
Dominica, a small Caribbean island of 71,000 people, offers one of the most affordable economic migration packages, starting from only US$100,000 through government’s donation programme, or US$200,000 investment in property – that allows the investors to gain the passport of Dominica that allows visa-free travel to 120 countries, including Schengen territory.
Middle east applicants including Syrians and Yemenis, Qataris, Bahrainis, Omanis, Kuwaitis, Indians and Pakistanis, contributed 51 per cent increase in demand for Caribbean citizenship in 2017-18
In another development The Russian government has endorsed a visa waiver agreement with the Commonwealth of Dominica for regular, diplomatic and service passports for 90 day stay in 180 day period.
Source: Zawya
