Recently, a decision was made to strengthen Due Diligence in Dominica by the Office of the Citizenship by Investment Unit. This decision was among a group of new decisions working to develop the citizenship by investment program and improve its quality. The decision provided for a personal interview (online) for every applicant who has reached the age of 16 or more, starting from July 17, 2023, provided that full details will be announced by a separate decree soon.
The new process of Due diligence in Dominica:
The decision provided for a personal interview (online) for every applicant who has reached the age of 16 or more, starting from July 17, 2023, provided that full details will be announced by a separate decree soon.
Citizenship can be obtained by investing in Dominica through one of two methods:
- Government non-refundable Donation to Economic Diversification Fund (EDF) starts with $100,000.
- Buying a property from one of the projects approved by the government starts $200,000.
In addition to Government Fees, Administrative Fees, and Due diligence in Dominica Fees.
Upon obtaining investment citizenship, the investor can obtain the following benefits:
- Free movement without a visa to more than 140 countries.
- Obtaining a passport ranked 49th in the world.
- The possibility of studying in various universities in the world.
- The opportunity to establish your own company in any region around the world.
- Tax exemption on worldwide income, inheritance, and inheritance.
- Investment citizenship in Dominica offers you high commercial freedom.
- It is a signatory to the CARICOM Agreement and thus trades within the Caribbean region.
Recently, there have been many changes related to the citizenship by investment program in Dominica. The Due diligence in Dominica was accompanied by the decision to receive Iranian investors’ applications again. On the other hand, the United Kingdom government announced the imposition of a visa application for holders of citizenship from Dominica. However, the doors remain open to many other destinations such as the European Union countries, China and Russia.
Turkish Land Registry Directorate Opens in Arab countries
Real Estate market in Turkey is witnessing a great demand by foreigners in light of the great growth in the construction sector. Where the Director of the Land Registry (Title Deed) and the Real Estate Survey, Mr. Muhammad Zaki Adli, explained that foreigners have a great desire to buy real estate in Turkey, especially those wishing to obtain Turkish Citizenship.
The first and the second days of the Caribbean Summit 2019
It’s an amazing experience to have a second passport that gives you access to an infinite world of possibilities. The Caribbean Summit 2019 is an important event held every year, and helps people who intend to undertake international migration and acquire second citizenship understand this area.
Grenada Government Simplifies Citizenship Procedures
In an effort to simplify the process of obtaining citizenship, the Government of Grenada, one of the Caribbean islands, is seeking to make the application and follow-up process in two phases instead of one stage only. Therefore, the new procedure will significantly reduce the time taken for transactions.
What is the Turkish Portal (your key Turkey)?
It is an online portal for foreigners, launched by the Turkish Ministry of Environment and Urban Development. It is an easier way to obtain all information and consultations related to Real Estate, Real Estate Registration, and how to obtain Turkish citizenship by investing for foreigners wishing to buy real estate or/and obtain citizenship in Turkey.
NTL AT RAK International Exhibition for SME 2019
In response to a special invitation, NTL company represented by Mr. Imad Elbitar, Nationalities and Citizenship Expert, attended the opening of the (Ras Al Khaimah) RAK International Exhibition for Small and Medium Enterprises SME, followed by a luncheon that brought together many investors, diplomats and managers of participating companies from around the world.