In early July 2021, a deal was made to buy the most expensive house in the Secret Bay project, authorized under the Citizenship of Dominica by Investments program. The villa was bought into ownership for $7.1 million. Moreover, the investor is not going to participate in the program of investment citizenship of Dominica. Thus, the fact that the project has value in the market is emphasized, regardless of the option with obtaining citizenship. Note that Secret Bay is a 6-star hotel complex for those who value privacy. Which attracts many now that the epidemiological situation in the world is still difficult.
Citizenship of Dominica. Benefits
Citizens of Dominica can visit the countries of the European Union (EU) without additional visa registration. In general, the passport of a citizen of Dominica gives the right to visa-free entry to more than 128 countries. Including to the UK (180 days a year without a visa, you may star even without a break), Singapore, Hong Kong.
The famous boutique hotel Secret Bay is expanding with the support of the state program “Dominica Citizenship for Investments.” The resort itself has existed since 2011 and has always received the highest ratings, both from the guests themselves and from authoritative publications. Such as Condé Nast Traveler and Travel + Leisure. Secret Bay is located on a huge territory of the national park, but at the same time there will be only 42 villas in it.
Private houses with an area of 126 m2 to 481 m2 on plots from 330 m2 to 3000 m2. The villas are designed with indoor and outdoor terraces overlooking the sea and the surrounding rainforest. Each residence consists of indoor and outdoor living spaces overlooking the rainforest and sea.
All bungalows are equipped with a modern gourmet kitchen, private swimming pool and showers. In April 2020, despite the pandemic and associated restrictions on flights, the Secret Bay project “crossed” the 50% mark for sales of built bungalows.
To participate in the program “Citizenship of Dominica by Investments” it is enough to buy a stake in the Secrat Bay villa for $218 000 USD. Additional bonuses from the Secret Bay project will be: return from rentals from 3 to 6% per annum, the opportunity to stay at the Secret Bay Resort a week a year (each year of ownership), privileged access to 5-star resort services, the opportunity to exit the investment in 5 years (according to the program). As well as participation in the exchange program, which allows you to stay at other luxurious resorts in more than 80 countries of the world.
The Anichi Resort & Spa is being built on Picard Beach, a picturesque 12-acre beach in Portsmouth, and will consist of 128 refined rooms on the luxury property market in Dominica.
At the end of June 2021, the developer of the Anichi Resort 5 * project, also authorized under the Citizenship of Dominica by Investment program, published another report on the progress of construction. Basic mechanical, electrical, plumbing and other internal works are actively carried out. In the Anichi Resort & Spa project, as well as in Secret Bay, it is proposed to redeem a stake. Additional bonuses, in addition to the opportunity to apply for Dominica citizenship, are 2% annual income during the construction phase and after opening the annual income is based on the work of the resort. As well as free accommodation in the resort 1 week a year.
The government of Dominica announced the beginning of the issuance of a new biometric passport from July 19, 2021. Citizens of Dominica can get a modern biometric passport when replacing an expired or restoring a lost document. Candidates for Dominica citizenship through investments waiting for passports can obtain current passports or wait for biometric passports.
The main difference between a biometric passport and a regular one is a built-in microcircuit containing data on the owner of the document:
• passport number, date of issue and expiration,
• photograph, surname, first name, patronymic, date of birth of a person,
• biometric data can be supplemented with information that can be used to authenticate the identity of the passport holder: iris pattern, fingerprints, etc.