Dominica and Cyprus’ common denominator
Cyprus is taking the leap to further improve the lives of its citizens. The country has officially embarked in using its Citizenship by Investment Programme to build affordable, quality, climate resistant homes following the footsteps of the Dominica Housing Revolution.
Cyprus’ Interior Minister Constantinos Petrides stated in an interview last May 20 that – “The new, well thought out policies that will be implemented by the Interior Ministry and the Labour Ministry, as well as the land development organization and the home financing organization, constitute a comprehensive approach that will yield immediate results for targeted groups of the population but also gradually resolve the structural problems in the housing market.”
The new scheme aims to provide inexpensive housing to the people in Cyprus as determined by the European Commission. Petrides said it is based on the needs of youth and of low-income families.
With the provision of the homes, the Cypriot government also envisions to achieve the goal of Dominica Prime Minister Roosevelt Skerrit to be a climate resistant nation.
Dominica’s 26-year old Citizen by Investment Programme has emerged as the world’s most efficient and transparent choice for economic citizenship.
Prime Minister Skerrit made the bold move to make good use of the CBI programme to entirely fund the Housing Revolution of 9 big projects after the catastrophic events experienced by the nation.
The Government of Dominica has commissioned Montreal Management Consultants Est. for building hurricane-resilient houses to cater to the needs of Dominican residents.
To date, 91 families from Petite Savanne have received their new homes in the resettlement project at Bellevue Chopin. More homes are set to be turned over later this year as Montreal Management Consultants Est. (MMCE) continuously builds fully integrated housing communities across the island.
Christopher Timmins, Project Manager of MMCE, said apart from homes, provisions to make every resettlement project self-sustainable are also being established. “It has always been intended that we will work with the government to create a large self-sufficient mountain-top community still retaining its rural essence but at the same time, providing the facilities of a town with access of high-speed internet, shops, providing all the requisites for daily living from the plaza, offices for utility companies and other service providers whether it be a doctor or lawyer offices,” Timmins said.