Dominica Granted Citizenship to 2,100 in the Last 12 Months
Dominica’s officials report that the country’s Citizenship by Investment (CIP) programme has yielded 2,100 approved applications in the period between July 2018 and July 2019.
That’s likely to be a record yearly figure among other CIP programmes. Saint Kitts & Nevis could have greater showings, yet the country’s administration does not reveal its annual data. All in all, Saint Kitts & Nevis leads the field by total historical numbers with almost 20,000 investment citizens from 1984.
As for Dominica's impressive numbers, they stem from streamlined handling of applications. Another reason is the country’s booming real estate market. CIP investors witness high-scale ‘national investment’, CIP-funded projects from affordable housing to splurge villas.
Dominica has impressive completion rates for new property outpacing other Caribbean states. The island’s administration is highly selective of new developments. The country now has six approved projects revealing smooth progress and anticipating completion in 2019-2020.
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