Dominica's first government-approved real estate project under its Citizenship by Investment Program (CBI), Cabrits Resort & Spa, is undergoing a massive change in its operations and management. Rangel Developments, an investment and hospitality company based that operates across the Eastern Caribbean, has assured that the Dominicans
Construction of the geothermal plant in Dominica may begin in April this year, as soon as the negotiations with the developer wrap up this month, according to reports. The government has reported that the drilling exercises in the Roseau Valley on the outskirts of the capital
To ensure the best possible quality for Dominica's international airport, the government's team of developers and contractors have been conducting studies and revising the designs of the massive project, and its prime minister, Roosevelt Skerrit, has announced that the final designs are nearing completion. "The final
The United Arab Emirates (UAE) is leading the next UN Climate Change Conference of the Parties (COP28) happening at the end of 2023, and according to its appointed president-delegate, “the world is playing catch-up” to implement emissions-reduction goals. At the recent Atlantic Council's Global Energy Forum
Effective January 1, 2023, St. Kitts and Nevis will move to appoint a Professional Citizenship by Investment (CBI) Board of Governors. During an official address by Michael Martin, Head of the Citizenship by Investment Unit (CIU), it was revealed that the CBI Board of Governors will be
Dominica's Prime Minister Roosevelt Skerrit has assured that Dominicans will not be taxed for the construction of the island's massive international airport. At the Diaspora Forum 2022 held Wednesday, Skerrit reiterated that the Citizenship by Investment (CBI) Programme is the airport's main source of funding. "We decided
There's no stopping the government of Dominica from building back better homes for its residents. Dominican Prime Minister Roosevelt Skerrit recently revealed that 250 more houses are expected to be built in communities throughout the island, Dominica Vibes reported. This initiative is part of the government's Housing
In an announcement, Dominica's Prime Minister Roosevelt Skerrit disclosed another update about the island's most ambitious project yet. There will be a "massive mobilization" on the construction site of Dominica's international airport later this year, Dominica News Online has reported. “Later this year, you will see massive
Dominica has spent an estimated EC$40 million (One EC dollar=US$0.37 cents) for preparing the land needed to build the island's international airport. At a recent meeting with the Dominica Association of Industry and Commerce, Prime Minister Roosevelt Skerrit announced that EC$40 million was used to acquire
The 2022 CBI Index has emphasized the importance of the Citizenship By Investment (CBI) programmes on small islands, calling it a "tool to finance stronger, more resilient economies" in its latest report. According to the special report annually released by the Financial Times, CBI is allowing
