CBI Programs Caribbean Developments Latest News

Tranquility Beach Resort – Curio Collection by Hilton: Construction update October 2020

October 14, 2020

712

tranquillity_beach — Tranquility Beach Resort – Curio Collection by Hilton in Salisbury, Dominica,

By Caribbean News Global contributor

ROSEAU, Dominica – Tranquility Beach Resort – Curio Collection by Hilton in Salisbury, Dominica, continues to move steadily, the developers announce with the latest update and Invest Dominica official site visit.

Construction work on the project commenced in January 2019 and is scheduled to be completed in 2022. The environmentally sensitive resort will comprise 73 rooms and create up to 300 permanent jobs.

Ian Edwards, a respected architectural designer and property developer from Dominica, leads the ambitious project. Part of the Hilton Curio Collection, the 5-star resort is eligible under the country’s world-leading Citizenship by Investment (CBI) programme.

Approved investors can buy into pre-approved hotels and resorts, starting at US$200,000. If successful, they can live, invest, work and study on the Nature Isle of the Caribbean, with easy travel to around 140 destinations and the ability to pass the valuable citizenship on to future generations.

Recently, Dominica expanded the definition of CBI dependants and introduced five major changes to its world-leading Citizenship by Investment (CBI) programme, that relates to family members that can qualify for second citizenship, in light of the ongoing uncertainty caused by the global pandemic.

The qualifying fund contribution for a family of four was reduced from US$200,000 to US$175,000, comprising the main applicant, their spouse and two dependants other than a sibling.

Dominica’s programme stands as the best in the world, according to the past four annual editions of the CBI Index, issued by PWM — a publication from the Financial Times.