The Residences at Secret Bay just sold the most expensive vacation home estate in the country ever for US $7.1 million.
Crypto-investors eye citizenship in Dominica for more personal freedom, and fewer lockdowns and restrictions, says Gregor Nassief.
“During a time that feels unpredictable, investing in The Residences offers security and stability,” says Gregor Nassief, proprietor of Secret Bay.
Dominica’s only six-star, all-villa resort has completed construction on four new villas and is concurrently launching its Phase 2 sales
“When investing in Secret Bay, you’re putting your investment into the hands of a gentleman,” says Dominica’s Prime Minister Skerrit.
The new villas are scheduled to enter sales and resort operations this November with a fifth by early 2021.
The United States’ inability to mitigate the spread of COVID-19 and economic uncertainty are among the chief catalysts for rising American interest.
“Now that tourism is at a standstill,” said Khan, “we expect that the CBI program will be a main driver for the next six months.”
“From a CBI Investment perspective, it means that the villa and property you are investing in are part of a globally recognized, award-winning resort that grows from strength to strength.”
The pandemic has slowed the real estate market globally, except for real estate connected to citizenship by investment programs.
Despite the pandemic, The Residences at Secret Bay has reached the 50% sold milestone of its built villas, with the most recent sale transacting last week.
“Citizenship by Investment is evolving and is now seen as a new asset class for global citizens,” says Gregor Nassief, Proprietor and CEO of Secret Bay.
Dominica – which also goes by the moniker “Nature’s Isle” – is becoming the CBI-world’s poster-child for sustainable development.
