Prime Minister Roosevelt Skerrit has invited Chinese investors to seek Dominica Economic Citizenship by Investment program.
During a recent visit to China, Skerrit told officials he hopes the program, created in 1993, would attract investors.
He said that interested persons may immigrate to Dominica either apply directly to the government or by obtaining citizeniship with a minimum investment of US $ 200,000.
According to a report in China Business News, Skerrit said applicants would not be taxed on their property, and no regulations on capital gains and no language requirements.
When asked if he was worried by corrupt Chinese officials or businessmen who illegally transferred their property to Dominica, said citizenship applications will be approved only after a thorough investigation and that the program has not been established for criminals from China or the United States.
The prime minister also said that foreign investment could create more employment opportunities for the national population, promote the development of the tourism industry, and facilitate the construction of infrastructure and energy programs.
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