Dominica’s CBI Program Receives Perfect Score in FT PWM Report

LONDON, Aug. 29, 2021 /PRNewswire/ — In the latest 2021 CBI Index, the Commonwealth of Dominica’s Citizenship by Investment (CBI) Programme was the only one to be awarded a perfect score for its Certainty of Product pillar. The annual report evaluates operating CBI programs, an initiative that grants citizenship to those that can make a qualifying investment, using nine pillars as a form of measurement.

The Certainty of Product pillar uses five features to determine a program’s ranking. These include longevity, stability, reputation, adaptability and popularity, and renown. As one of the oldest programs on the market, Dominica continues to be a trusted product and a popular option amongst investors. The program has stood the test of time and has evolved to meet the changing demands of clients. Also, this marks the second year Dominica’s CBI Programme has received full marks for its Certainty of Product, making it the only one to do so.

The 2021 CBI Index notes: Dominica achieves a score of 10 in the Certainty of Product Pillar for the second year due to its transparent and highly renowned program. At 28 years old and with a track record of good governance, the Dominica CBI Programme has led the way in providing clarity as to how CBI funds are used, this year earmarking US$370m for the construction of an international airport. Furthermore, 2215 applications were approved in the 2019/2020 fiscal year (from Jul. 1 to Jun. 30), showing strong interest even amid the Covid-19 pandemic.

Home

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.