Dominica Hotel Project Offers Citizenship to Investors

Fox News Latino

Dominica's government has signed an agreement with Range Developments for the construction of a luxury hotel on the Caribbean island, the first approved real-estate project under a program that offers citizenship to investors.
 
The Cabrits Resort Kempinski Dominica will be a 101-room hotel on Douglas Bay, on the island nation's north shore, Kempinski Hotels said in a press release Wednesday.
 
The luxury hotel is the first government-approved real-estate project under Dominica's Citizenship By Investment Program. Investors can obtain citizenship by purchasing a share in the development for $200,000.
 
Spreading your political risk beyond one jurisdiction is arguably the most important thing you can do. Obtaining a second passport and citizenship in another country is a critical part piece of the puzzle. This is because it's a fundamental step towards freeing yourself from absolute dependence on any one country. Achieve that freedom, and it becomes very difficult for any government to control your destiny. The political diversification benefits that come with obtaining a second passport are universal and prudent for anyone in the world to obtain. Here are the top six reasons why everyone needs a second passport.
 

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