CBI Index 2021: Dominica continue to be a leader in Citizenship by Investment industry
Saturday, 21st August 2021
Citizenship by Investment Programme of Dominica once again is on top of the CBI Index. The Financial Times' PWM magazine released their CBI Index 2021, declaring Dominica the champion for the fifth consecutive year in a row. It scored six out of the nine pillars of excellence.
For the first time in the history of the CBI Index, Dominica is sharing the top spot with fellow Caribbean nation of St Kitts and Nevis.
Dominica has once again proven itself to be the industry leader by being on top for five years in a row. The CBI Index is a yearly report released by PWM Magazine, a publication of the Financial Times.
Click here to view CBI-Index-2021
The CBI Index 2021 report gave Dominica scoring in nine pillars, designed to check the ability, excellence and other aspects related to Citizenship by Investment Programmes across the world. Over 14 countries across Asia, Europe, the Caribbean and the Middle East offer "Economic Citizenship" Dominica left all these countries behind for the fifth time and continue to lead the way in the industry of Citizenship by Investment.
The report remarked modifications to the definition of dependants and post-citizenship extensions under Dominica's CBI Programme in 2020, which allow applicants to add newborns, children aged 30 and under, new spouses, siblings, parents and even grandparents.
Click here to view CBI-Index-2021
Nine pillars of CBI Index 2021
- Freedom of Movement
- Standard of Living
- Minimum Investment Outlay
- Mandatory Travel or Residence
- Citizenship Timeline
- Ease of Processing
- Due Diligence
- Economic Diversification Fund (EDF)- The investment option requires a total contribution of US$100,000 for a single applicant. The value increases. Additional family members are added to an application.
- Real Estate- The investors must contribute to government-approved real estate; the investment must be valued at at least US$200,000. A single applicant must pay an additional US$25,000 real estate government fee. The real estate must be held for three years, which increases to five years if the future purchaser is also an applicant for CBI. Other applicable fees include due diligence, minor processing and Certificate of Naturalisation fees.
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