Gregor Nassief, the CEO of GEMS (a Caribbean company that owns, manages, and develops premium hotel and tourist enterprises), proposes to invest in Secret Bay. It is one of the most renowned eco-luxury resorts in the world and most recently crowned the “World’s Best Boutique Hotel.” The hotel is located in Dominica — the best country for second citizenship according to the CBI index. And investing in Secret Bay is the most reliable way to get a solid Caribbean passport.
Learn about the Secret Bay’s citizenship process, why investors from across the globe are interested in purchasing properties there, and why Dominica’s own Prime Minister, Honorable Dr. Roosevelt Skerrit, called it “a project that cannot be compared to any other in the Caribbean.”
Source: associatestimes.com
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One of Dominica’s most renowned eco-luxury resorts, Secret Bay on the island’s lush west coast has a proven track record dating back seven years. The Residences at Secret Bay offers both Shared Ownership ($218,000) and Whole Ownership ($1,200,000) citizenship by investment options. With shares available, six villas have already been constructed and put into operation. A premier eco-resort on an expanding island offers premium fractional or entire ownership opportunities.
Purchasing shares in Secret Bay will unquestionably entitle you to Dominican citizenship since it is a project that the government has authorized for the Dominica Citizenship Program. Additionally, a family as a whole may apply by contributing only one share ($208,000).
Source: bluemina.com
What is the mechanism?
Step 1. You invest $208,000 to purchase a stake in the resort complex.
Step 2. You become a citizen of Dominica; the application process takes 3-5 months.
Step 3. You can experience a six-star all-villa rainforest resort seven days a week for free.
Step 4. You get your investment back. In Dominica, the typical return on property investments is between 2 and 5 %.
Immediate ownership
Take advantage of the exceptional opportunity to buy a sustainable luxury vacation house that is complimented by the resort’s excellent service and top-notch facilities. Private plunge pools, exceptional views of the Caribbean Sea, and access to tropical forests are features of every villa.
36 villas are still being built, while 6 have already been finished. Therefore, you have two options: purchase a prefabricated home or have a villa constructed to your specifications.
Source: iglobal.net
What is the mechanism?
Step 1. You choose your villa’s exterior and interior design and select a style that best matches your demands and way of life.
Step 2. You make an investment of $1.49 million to purchase a villa in the resort complex.
Step 3. You become a citizen of Dominica; the application process takes 3-5 months.
Step 4. You experience a six-star, all-villa resort in a tropical setting all year long. You get your villa constructed in no more than 16 months.
Secret Bay: A once-in-a-lifetime adventure
Only one government-approved real estate project in Dominica, called Secret Bay, offers finished villas with a proven track record of rental revenue.
Three hidden beaches, an open-air Zing Zing Restaurant, a treehouse-style Gommier Spa, and a riverbank Bwa Mang Wellness Pavilion are just some of the amenities this resort has to offer, including 96 to 400 square meters of living space, a nice bedroom, a professional kitchen, and much more! You’ll find yourself surrounded by breathtaking ocean panoramas and peaceful sunsets at this first-of-its-kind chance to live in harmony with the natural beauty of Nature Island.
Secret Bay has worldwide demand and operational success. Over the last decade, Architectural Digest, CNN, Fortune, National Geographic, Outside, the cover of Travel + Leisure, and The Telegraph have praised the Green Globe-certified resort’s architecture, service, and experience. Last year, Travel & Leisure ranked Secret Bay the #1 Resort Hotel in the Caribbean, Bermuda, and the Bahamas and #6 Hotel in the World. It’s the only Relais & Châteaux resort in Dominica. Secret Bay’s newest houses have been featured in the New York Post, Departures, Robb Report, Ocean Home Magazine, and Wealth Magazine, among others, for its exceptional offering and great opportunity — second citizenship.
Source: guideconsultants.com
Fast facts
A part of a vacation villa or the whole property is available for purchase.
The incentive to invest:
- Shares in the resort cost $208,000.
- Villas range in price from $1.49 million to $4.05 million.
After three years, it’s possible to resell the item.
Buying a part of Secret Bay or the whole villa allows you to become a citizen of Dominica.
The advantages of becoming a Dominican citizen
Throughout the years, Migronis.com has gained deep expertise in the Caribbean Citizenship by Investment (CBI) initiatives.
You can define such benefits of Dominican citizenship as:
- The European Union, the United Kingdom, and lately, China have all granted visa-free or visa-on-arrival access to their nations.
- Dominica’s currency, the East Caribbean dollar, is tied to the US dollar at a constant rate.
- No worldwide tax on income, dividends, wealth, or inheritance will exist.
- Within one and a half months, the whole family may apply for citizenship as a single unit.
- A chance to get long-term visas for the United States of America or Canada
- The whole process was carried out remotely.
Source: apexcapital.partners
What are investors saying?
“If Secret Bay’s clients are treated like royalty, then obviously investors will be treated like royalty as well.”
“One of the most popular and profitable Dominican resorts is Secret Bay. It has a distinct architectural style that entices visitors into its peaceful surroundings. However, there are a number of watersports and other things to be had in the area. Secret Bay is a great place to invest in citizenship.”
