How CBI Funded Real Estate Development Supports Eco-Tourism in Dominica
A growing list of resorts rooted in environmentally sensitive values is rising on the Caribbean island of Dominica, thanks to the island’s world-leading Citizenship by Investment (CBI) Programme. The Programme provides investment opportunities into eco-resorts from renowned hoteliers like Marriott’s impressive Anichi resort, the five-star Cabrits Resort & Spa Kempinski, the Hilton and its cliff-hanging villas at Tranquility Beach, alongside luxury boutique hotels – Jungle Bay and Secret Bay, but also the newly announced Sanctuary Rainforest Eco Resort & Spa. In exchange, vetted investors receive Dominican citizenship.
1. Green Construction:
All pre-approved construction in Dominica has passed the country’s required Environmental Impact Assessment which provides stakeholders with information about the likely environmental impacts of a project.
2. Climate-Resilient Infrastructure:
All new real estate is designed to withstand the harshest weather disasters. This aligns closely with the island’s commitment to becoming the “world’s first climate-resilient nation”, as pledged by Prime Minister Roosevelt Skerrit.
3. Eco-Friendly Practices:
In effect from January 2019, Dominica issued a ban on all single-use plastic and Styrofoam containers. The initiative applies to all citizens, hoteliers and tourists.
4. Local Produce and Services:
Hoteliers work with their local communities to provide guests with ethically sourced, fresh produce to shrink their carbon footprint.
5. UNESCO Sites Promotion:
CBI resorts make it easier for holidaymakers to visit key touristic destinations, such as the UNESCO World Heritage Site of Morne Trois Piton National Park.