Sanctuary Rainforest Eco Resort
Sanctuary Rainforest Eco Resort and Spa- A superior CBI Investment Opportunity
Consistent in its appeal to individuals and families in search of citizenship by investment, in February 2019, the Government of Dominica formally approved the development of the Sanctuary Rainforest Eco Resort and Spa to be financed under its Citizenship by Investment’s Real Estate Option. Offering the opportunity to acquire Dominica citizenship in as little as two to three months by simply investing USD200,000 in a preferred share, plus Government fees, the benefits of this investment are multifold.
Besides discounts and free accommodation of 7 or 14 days depending on season that enable investor and family to indulge in the perfect vacation escape, investors will earn tax free dividends of at least USD12,000 after 5 years. Plus, an exit strategy allows for the resale of preferred shares at the original investment value or higher after the 5 year mandatory share holding period to a new investor with his/her family who will qualify to apply for citizenship by investment. Original investor and family retain Dominica citizenship.
Meanwhile, the wealth and tax planning savvy have been pleased with the absence of property transfer taxes as this investment is in a preferred share, no share registration or transfer fees, no legal fees, no local agent processing fees, and no annual maintenance or similar fees being attached to this investment. Adding to this, post citizenship services such as driver’s license, mailing address, telephone number and individual tax ID are included for free. Keep in mind also that income sourced outside Dominica is not taxable. Enticing indeed!
These benefits explain the headway made by the Government-approved Developer of this project, in just 9 months, as the project had a splendid ground breaking ceremony and project presentation on November 1st, 2019 to commence construction. Held at the construction site in Providence, Roseau Valley, the ground breaking ceremony invited guests to bask in calming rainforest ambience, paying true homage to the surrounding mountain ranges, exotic rivers and streams that bear witness to neighboring waterfalls and lakes, the epitome of wellness and nature retreat.
Gracing the ceremony with his presence, Prime Minister of Dominica, Roosevelt Skerrit, in his address expressed his “personal gratification to be here, as our CBI continues to be successful, continues to stand the test of scrutiny from all international agencies and countries, and we continue to see the benefits of it. And notwithstanding the challenges which the marketplace is confronting, we continue to benefit from it, with hotels under construction, hotels opening, and today here, at Sanctuary, the groundbreaking ceremony.”
A stellar eco-friendly design by Atys Architecture, according to Head Architects Leano Miceli and Gauvin Dauchy, “in line with the vision of Alexander Berenstain”, CEO and Managing Director of Vital Developers Ltd., “our aim was to respect the exceptional sites around by staying true to its existing configuration and all of its natural elements.” In comparison to over 5,000 beach resorts operating in the Caribbean, with many more under construction and competing with each other, Sanctuary Rainforest Eco Resort and Spa offers a unique product designed to blend perfectly with nature.
As such, it will feature a Tree Top Walkway standing 8 to 10 meters above ground to compliment the flourishing landscape graced with 72 deluxe single and two bedroom villa units each featuring private Jacuzzi on hardwood balcony, a specialty organic restaurant and bar, a hammam Spa and Jacuzzi, a spacious outdoor pool and covered heated pool with swim-up bar, a yoga and meditation facility and boutique. Indeed, the most anticipated resort development in the Caribbean, with superior appeal as a financial investment and gateway to Dominica citizenship, the Sanctuary Rainforest Eco Resort and Spa Dominica CBI investment opportunity awaits you.