LONDON, England — Dominica’s Prime Minister Roosevelt Skerrit has highlighted the importance of maintaining absolute integrity of the island’s world-leading citizenship by investment (CBI) programme due to the major role it plays in developing the country.
Skerrit encouraged citizens to talk more about the CBI programme and help emphasise the admirable number and scope of initiatives it helps create for the island and the environment.
The first of many families, originally dislocated by storm Erika in 2015 and hurricane Maria in 2017, will soon be moving into their new, modern homes. This is part of an ambitious public housing programme called the Housing Revolution, funded entirely by Dominica’s CBI programme.
The houses were built to withstand even the highest category of hurricanes and thousands are expected to move into these new homes this year. Another notable, CBI-funded project built to last for many generations ahead is the geothermal power plant, whose construction is slated for the third quarter of 2019. Once completed, nearly all Dominicans will have access to clean energy – in perfect agreement with the island’s sustainability ethos.
“We recognise its importance,” Skerrit said as he explained how prudent the government is in managing the CBI programme. Indeed, Dominica’s vetting process for CBI applicants is said to be the most thorough amongst all citizenship – if not also residency – by investment programmes worldwide.
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