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Dominica's Prime Minister Highlights Citizenship by Investment Programme's Impact in Dubai Speech

TL;DR

Prime Minister Skerrit highlights the significant role of the Citizenship by Investment Programme in shaping Dominica's socioeconomic landscape.

The recent Memorandum of Agreement among OECS countries emphasizes harmonized legislation, standard application procedures, and uniform due diligence processes.

The CBI Programme has been a cornerstone of Dominica's economic strategy, propelling the nation towards prosperity by fostering economic growth, job creation, and strengthening health and educational infrastructure.

The Dominica CBI Programme continued generating revenues 48 to 72 hours after Hurricane Maria, showcasing its enduring value as a catalyst for progress and sustainable development.

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Dominica's Prime Minister Highlights Citizenship by Investment Programme's Impact in Dubai Speech

During a significant address in Dubai, Prime Minister Roosevelt Skerrit of Dominica highlighted the pivotal role of the Citizenship by Investment (CBI) Programme in the country's socioeconomic advancement. The Prime Minister detailed how the CBI Programme has become a key driver of economic growth, job creation, and the enhancement of health and educational infrastructure in Dominica. This initiative has not only contributed to the nation's prosperity but also underscored its commitment to transparency and integrity in the administration of the programme.

Prime Minister Skerrit also called for greater collaboration among Caribbean nations offering CBI programmes, pointing to the recent Memorandum of Agreement among Organisation of Eastern Caribbean States (OECS) countries. This agreement aims to harmonise legislation, standardise application procedures, ensure uniform due diligence processes, and facilitate information sharing among member states. Such measures are designed to strengthen the credibility and effectiveness of CBI programmes across the region, fostering a unified approach to economic development through investment.

The Prime Minister's speech in Dubai serves as a testament to Dominica's leadership in leveraging the CBI Programme for national development. By focusing on economic growth, infrastructure improvement, and regional cooperation, Dominica sets a benchmark for how investment citizenship can be a force for good. For more information on Dominica's CBI Programme, visit https://cbiu.gov.dm.

Curated from News Direct

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