CS Global Partners: Dominica’s Growing Hotel Market Offers Opportunity to Real Estate Investors

LONDON–(BUSINESS WIRE)–From July 2018 throughout 2019 and beyond, Dominica’s hotel market is
set to expand by 75%, according to the Prime Minister Roosevelt
Skerrit’s last budget address. Alongside a forecast increase in GDP of
9% – the highest in the Caribbean region, such growth offers an
opportunity for Chinese real estate investors looking for financial
return. Business people applying to Dominica’s
Citizenship by Investment
(CBI) Programme are particularly well
placed to capitalise on the expanding market.

Dominica has been offering foreign investors second citizenship through
its CBI Programme for almost three decades. Voted the best route
globally to economic citizenship by the Financial
Times
, the Programme comprises two investment routes. Applicants may
either contribute to the Economic Diversification Fund, handled directly
by the government; or make an acquisition of pre-approved real estate,
typically in the form of a share or unit purchase of a luxury hotel
resort. The hotel investment offers healthy ROI, including expected
returns, profits generated by the hotel’s operations, and/or rental
income. Examples of profitable real estate that CBI applicants can
invest in include Tranquillity Beach Resort, Jungle Bay or Anichi Resort
and Spa (Marriott).

This may be of particular interest to Chinese property investors and
persons seeking second citizenship. In China, property gains have slowed
and decreased significantly since September, 2018. Dampened growth and
price fluctuations are predicted for 2019. The yuan too has experienced
notable instability in recent months, which will likely continue as long
as the trade war with the US remains in place and national economic
growth decelerates.

Investments into Dominica’s CBI Programme and real estate market, on the
other hand, are made in US dollars. They therefore present a strong and
comparatively reliable option for economic return. As second citizenship
draws greater interest from Asian investors, Dominica may prove an
increasingly attractive destination for many non-US foreign investors.

International legal advisory CS Global Partners is the
government-mandated marketing promoter of the Commonwealth of Dominica’s
Citizenship by Investment Programme.

Contacts

Thomas Kohn
pr@csglobalpartners.com
+(44)2073184343
www.csglobalpartners.com