A Chinese newspaper has quoted Prime Minister, Roosevelt Skerrit, say he is not worried over an influx of Chinese immigrants to Dominica.
The Prime Minister is in China to promote the country’s citizen by investment program and to meet with potential investors.
The Chinese language ‘First Financial Daily’ quoted the Prime Minister saying that there are two ways to becoming a Dominican citizen.
Interested parties can immigrate to Dominica by either submitting an application directly to the government or by obtaining citizenship with a minimum investment of $200,000.
Skerrit told the newspaper that the program presents a good opportunity for Chinese investors, is transparent and is recognised globally.
According to the newspaper, observers point out that Dominica’s small population of 71,000 is less than that of the average Chinese small town and once an investment pitch is successfully made, an ensuing influx of Chinese Immigrants could cause tension and even anger among locals who could see there social benefits eroded.
“We are not at all worried,” the Prime Minister was quoted as saying.
The First Financial Daily went on to say Skerrit explained that Dominicans see themselves “global citizens” and the goal of the investment program is to increase visitors and immigrants to Dominica’s shores.
The newspaper said Dominica places few restrictions on new immigrants. Successful applicants only need to present an International IDs such as a passport and there are no restrictions on assets or residency.
Skerrit also said that there is no property tax and no attempts to control investor earnings. Applicants are not required to be able to speak or write English, according to the Financial Daily.
According to the Financial Daily, “The citizenship by investment program is managed by the investment and housing departments and there are aspects especially attractive to potential investors. The first involves 200 houses built on scenic locations on the island and the second involves the construction of 125 houses somewhere in the mountains. Skerrit also stated that the government was also interested in offering 4-5 other options. The Government of Dominica is presently conducting negotiations with a migration company to explore possibilities.”