It was announced in the Official Gazette of the Commonwealth of Dominica on June 6, 2024, that the citizenship of 68 persons obtained through investment programs has been revoked.
This ministerial decision, dated May 30, 2024, was made in accordance with the Citizenship Act of the Commonwealth of Dominica, pursuant to Articles 10: (2) and (5) of the Citizenship Act Chapter 1:10, which provides for the deprivation of citizenship for anyone who obtains it by fraud or by making false statements or concealing material facts, and thus is not conducive continue to be a citizen of Dominica.
A list was revealed containing 68 persons with the date they obtained citizenship from the Commonwealth of Dominica and their country of origin, with the vast majority being from Iraq, followed by Pakistan, Egypt, Iran, Nigeria, and others who obtained citizenship illegally.
This step by the Commonwealth of Dominica came after investigations revealed that the named individuals obtained citizenship through fraud and the provision of false information. Authorities confirmed that those who do not meet the program’s requirements or provide false information will be deprived of citizenship without any refunds of fees or investments made.
Greece Inheritance Law 2025: Strategic Guide for Golden Visa Holders and Foreign Investors
Greece enacts Law 5221/2025, the largest inheritance reform in 80 years. Digital will registration via diathikes.gr, heir liability protection, and inheritance contracts effective September 2026. Essential guidance for Golden Visa holders and foreign property investors.
Know Your Customer (KYC): The Verification System Redefining Trust in the Global Investment Environment
Know Your Customer (KYC) has become a central pillar of trust in global investment. This article explains how KYC works, how it is regulated, and why serious investors, especially those seeking citizenship by investment, should treat it as a strategic asset rather than a simple formality.
Nauru Tax Residency: A Legal and Strategic Overview
Nauru tax residency is emerging as a strategic option for high net worth individuals who value legal clarity and full compliance with global transparency standards. This article explains Nauru’s tax laws, CRS obligations and the distinction between citizenship and tax residency, with a focus on practical, compliant planning.
Digital twin in Grenada Redefines Climate Readiness and Smart Development
The Digital Twin in Grenada is transforming climate resilience and smart planning. Initiated with the World Bank and Fugro, this advanced 3D model supports disaster preparedness, coastal protection, and sustainable development, making Grenada a leader in Caribbean innovation and environmental sustainability.
Understanding the Nauru CBI Due Diligence Requirements for Secure Second Citizenship
Why Nauru CBI Due Diligence Matters Every reputable Citizenship by Investment (CBI) program depends on a rigorous due diligence process to safeguard its credibility. In the Republic of Nauru, the Nauru CBI due diligence framework forms the backbone of the Climate...