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GEMS CEO Gregor Nassief Shares 2021 Report and 2022 Outlook on Secret Bay, the Gold Standard for CBI Opportunities


Gregor Nassief, Proprietor of Secret Bay and Founder & CEO of GEMS, shares a global briefing on the 2021 success of The Residences at Secret Bay, Dominica’s only Citizenship by Investment (CBI) programme with completed villas, proven financial performance and competitive exit strategy with a robust market for resale. Nassief reports that Dominica’s crown jewel development and only six-star, award-winning, all-villa resort, experienced a monumental year that included record sales, selling out phase 1 and 2, distributing investor payments, completing new villas, expanding its amenity set and receiving recognition from prestigious global media. The Gold Standard of Citizenship by Investment (CBI) programmes, The Residences at Secret Bay enters 2022 with much to celebrate and much to look forward to. 

A Year of Sales Success, CBI ROI Payments, Whole Ownership Sales & New Amenities

Nassief further shares that last year kicked off with newly built Hillside Villas, the introduction of Phase 2, the launch of whole ownership sales and the announcement of new amenities at Secret Bay, marking an entirely new era of vacation homeownership at the six-star, award-winning all-villa resort. With COVID vaccinations introduced, the rise of cryptocurrency, and the desire for personal freedom, astute global investors have increased their search for investment opportunities with proven success, leading to Secret Bay setting a $7.1 Million sale record — the highest-price whole ownership vacation estate sale in Dominica and to sell out of Phase 2 of Secret Bay’s fractional CBI offering. In 2021, the 100th ROI payment to global Secret Bay CBI investors since sales first launched in 2019 was paid.

Secret Bay CBI Investors and Whole-Ownership Real Estate Buyers Speak Out on Why They Bought

Along with its sales success, Nassief notes Secret Bay has attracted investors from across North America, Africa, the Middle East and beyond. A recent IMI article highlights a round-up of testimonials sharing how Secret Bay has built a program with a proven track-record with a competitive exit strategy. Investors also speak to Secret Bay’s architectural design and global acclaim that have contributed to the six-star villa resort becoming known as the gold standard Citizenship by Investment projects across the globe. For more on whole ownership, take a look at this story featuring whole-ownership owners John and Cathy H. on how their search for an ideal investment property led them to Secret Bay.

Dominica: A Global Leader in Citizenship by Investment, Climate Change & Beyond

In 2021, Dominia found itself topping the CBI Index again — for the fifth year in a row — as published by the Financial Times’ Professional Wealth Management magazine, making it the World’s best country for second citizenship. Further making a Dominica passport in demand was news of its new e-passport and the Commonwealth of Dominica signing a historic visa waiver agreement with the People’s Republic of China, allowing CBI investors in possession of a Dominica Passport visa-free access in and out of China. Dominica continued to make headlines after signing a Memorandum of Understanding with a local green energy company to harness the island’s geothermal potential at COP26 meeting in Glasgow, Scotland and the focus of a Newsweek magazine report as to why it’s the perfect place to live and work.

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2021 Press Round-Up: Secret Bay Made Headlines Around the World

The year kicked off with Nassief being named Caribbean Journal’s Caribbean Hotelier of the Year and luxury shelter publication Robb Report proclaiming Secret Bay’s gorgeous Caribbean treehouse villas being offered with a coveted amenity: Second passport. Other features included Mansion Global featuring Secret Bay’s $7.1 Million record sale and Nasieff spoke to the New York Post about how Secret Bay is a rare investment opportunity for generations to come. IMI featured Secret Bay paying out its 100th ROI payment and most recently covered Secret Bay’s latest sales surge and Dominica’s passport now allows visa-free travel in/out China. Additionally Secret Bay resort was named as a Top Caribbean Resort in Condé Nast Traveler’s “2021 Readers’ Choice Awards,” as well as amongst “101 Most Incredible Hotels in the World” for 2022 by Fodor’s

A Look Ahead at The Residences at Secret Bay in 2022 with Introduction of New Amenities & Villas

Nassief lastly reports this year Secret Bay will have even more exciting milestones. With the beginning of the year bringing the six-star all-villa award-winning resort its newest amenities, including Mouben Welcome House, Gwiyavye’ Lap Pool & Bar and Zing Zing Lounge and by year’s end a state-of-the-art funicular, an art barn and a microbrewery will debut. This evolution – spread over 40+ acres of coastal land – will also bring more new built villas and allow for the off-plan opportunities too — all while lowering the resort’s overall density and granting guests the utmost in the luxury of time and space.

The Residences’ CBI offering is priced at US $208k/share. To learn more about Citizenship by Investment in The Residences at Secret Bay, visit: For a consultation, please email

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