Dominica valiantly overcame mass devastation following Category 5 Hurricane Maria in 2017. Today, through investments and simply strong people, this Caribbean country is turning around.
This island nation was named one of the top 20 tourism destinations of the future, in a recently published FDI Strategy ranking. It included Dominica in two specialism awards categories: “Ecotourism” and “Health and Wellness Tourism.”
Known as the “Nature Isle of the Caribbean,'”Dominica excels at offering eco-conscious tourists. It offers a unique experience that only the island’s natural beauty, wellness facilities, exquisite locations, and kind people can provide.
The same ranking bestowed upon Dominica the bespoke awards for “Climate Resilient Strategy” and “Voluntourism,” two titles it holds exclusively. It was also awarded as one of the top countries receiving bespoke awards for “Hotel Development and Investment,” “Incentives,” and “Recovery.”
Thanks to reputable foreign investors wishing to become citizens of Dominica in exchange for an economic contribution, the island has managed to build sufficient monetary reserves to sponsor large-scale rehabilitation and modernization of the country. This ranged from rebalancing the ecosystem and investing in sustainable energy to fixing and reinforcing roads, bridges, hospitals, schools, homes, and natural sites. The Citizenship by Investment (CBI) Program was at the very heart of the country’s remarkable recovery. CBI continues to support the island’s hope to become “the world’s first climate-resilient nation” as pledged by Prime Minister Roosevelt Skerrit.
Foreign investors can become economic citizens of Dominica only after they have passed a series of due diligence checks, which received the CBI Index’s seal of approval, published by PWM. They can either make a contribution to the Economic Diversification Fund or invest in pre-approved real estate. The latter includes luxury eco-resorts with exquisite wellness facilities that are building the foundation of Dominica’s burgeoning ecotourism sector.
The FDI Strategy report notes that “wellness tourism is a key sector for Dominica, where services such as holistic massage, yoga, chiropractic care, coaching, Pilates, fitness, and a range of spa facilities are on offer together with natural products and herbs.”