Singyun

Investment treasure 丨 Prince Harry and his wife's first charity project is located in Dominica

label: 2021-05-11

Dominica, located in the South Caribbean Sea in Miami, United States, is known as "the second home of the United States" and "the Pearl of the Caribbean Sea". It has a "Caribbean "Island of Nature".

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Recently, the Archewell Foundation, a non-profit organization established by Prince Harry and his wife Meghan, cooperated with Hispanic American celebrity chef Jose Andres and the World Central Kitchen he founded. The first world central kitchen community center was completed in Dominica.

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The community center will be a permanent facility, during non-disaster times the center can be used as a food distribution center, as well as a school, clinic, or family community The gathering place provides a safe meeting place for families and children. In emergency situations such as natural disasters, it can be quickly activated as an emergency kitchen to provide safe and healthy food for people in need. With the support of local non-profit organizations in Dominica and the Dominica Ministry of Education, the community center is now realized.


This project is the first charity project of the Harrys Archewell Foundation, and it is of great significance. In the future, four community centers will be established around the world. As the first one is completed in Dominica, the second one will be located in Puerto Rico. The other two locations have not yet been announced.

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Affected by the hurricane in 2017, the Dominica government proposed the strategic goal of "building Dominica into the world's first climate-resilient country", With the completion of Prince Harry and Meghan's first charity project, it will help improve Dominica's resilience to natural disasters.


Superior natural environment


Different from other countries in the Eastern Caribbean, there are not only charming beach scenery, but also undulating mountains, amazing tropical rain forests. Two-thirds of the island’s area is covered by tropical rain forests. "Hidden" with splashing waterfalls and clear gurgling streams.

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It is said that there are 365 streams flowing on the island, each representing a day of the year. The island’s mild Caribbean climate and abundant rainfall nourish a rich variety of flora and fauna and exotic flowers.

There are also misty volcanic eruption sites, the only active boiling lake in the world, and the lingering sulfur springs. The underwater coral world is an excellent place for eco-tourists who love nature.


The government is committed to sustainable development


Being so blessed by nature, the Dominica government also attaches great importance to the protection of the ecological environment and insists on sustainable development.

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Since this year, a number of large-scale national construction projects and projects to build climate resilience supported by Dominica’s investment immigration project funds have made progress successively .


In March of this year, the financing negotiations for Dominica’s first geothermal power plant project have entered an advanced stage. The geothermal power plant has an investment of over 25 million U.S. dollars and is expected to be completed in December 2022. By then, Dominica will be able to achieve energy self-sufficiency, and the electricity cost of its residents will also decrease. Not only will it benefit the residents of the country, the power plant can also supply energy to the neighboring French islands of Guadeloupe and Martinique and promote foreign exchange.


In March this year, a number of hotel and resort projects under construction supported by investment immigration project funds are expected to invest 950 million East Canadian dollars, and 470 jobs will be created during the construction period. After opening, it will provide 791 long-term employment positions, thereby promoting economic growth and at the same time promoting a substantial increase in the demand for goods and services.


In April of this year, the residential relocation and resettlement project of Dominica’s first international airport project officially started construction. The completion of the international airport will promote international trade, enable domestic products to enter the international market faster, expand the scope of open markets, and promote the diversification of the island economy; in addition, the completion of the new airport will also greatly boost Dominica’s tourism industry.

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In fact, Dominica is not only favored by travel explorers, but also by high-net-worth investors.


As the world’s cheaper passport project, Dominica investment immigration has always had a good reputation, and investment immigration projects are also sustainable for Dominica Development has provided a boost.

The Dominica Citizenship by Investment Act has been running smoothly since its promulgation in 1993. The Dominica citizenship by investment project has always been due to its low investment threshold, no interviews, no immigration supervision, no landing procedures, etc., and the application cycle is short, about 2-3 months can be approved, passports are exempt from more than 140 countries and regions, etc. Advantages, loved by investors.

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Advantages

Dominica Passport Project‍

1. The fast passport project, the approval period is 2-3 months;

2. No academic qualifications, language, interview, residence requirements, no immigration supervision, no proof of funds, no requirement to land;

3. Children enjoy the British education system, free compulsory education for the appropriate age, and more choices for universities at home and abroad;

4. One-person investment, four generations of the family can get the Commonwealth passport in one step, which is simple, fast and worry-free;

5. Preferential tax system, no property tax, gift tax, foreign income tax and capital gains tax, etc.;

6. Convenient transportation, Dominica status is visa-free and visa-on-arrival in more than 140 countries and regions;

7. Nationality is valid for life and dual nationality is recognized;

8. Beautiful environment and paradise for holiday.


Application conditions

Dominica Passport Project‍

1. The main applicant is at least 18 years old;

2. Donate from USD 100,000 to the National Economic Diversification Fund;

3. Attached applicants: spouse, children under the age of 30 (mainly dependent on the main applicant or his spouse), parents/grandparents/maternal grandparents, the main applicant or his spouse’s siblings under the age of 25 (unmarried/no children/ The economy mainly depends on the main applicant or his spouse);

4. No criminal record.


Application rules for donations

Dominica Passport Project‍

Donate to the Economic Diversification Fund (EDF) 

*Investment amount not accompanied by brothers and sisters 


1. The main applicant donated 100,000 US dollars;

2. Spouse donated 50,000 US dollars (25,000 US dollars lower than the previous policy);

3. A family of three/four members donated 175,000 US dollars, and for every additional person, the donation increases by 25,000 US dollars.

* Investment amount accompanying brothers and sisters 


1. The main applicant donated 100,000 US dollars;

2. Spouses donated 50,000 US dollars (2.5% lower than the previous policy)  Ten thousand dollars);

3. Brothers and sisters over 18 donated US$50,000;

4. For parents/grandparents/maternal grandparents/brothers and sisters under the age of 18, for each additional person, the donation will increase by 25,000 US dollars;


On-site real estate  

Purchase of government-designated real estate projects with an investment amount starting from US$200,000.


======================= "European Silicon Valley" Ireland, a favorite place for multinational corporations Ireland, passport advantage, multinational corporations, Apple, identity advantages, corporates, entrepreneurs, geographic location, identity advantages, EU, UK, data, impact of Brexit,

"Rated as the "World's Most Suitable Business Country" by Forbes for 3 consecutive years; ranked No. 1 in IBM's "Best Destinations for Global Overseas Investment" for 7 consecutive years; "The most favored investment country for Fortune 500 companies..."

When all the above auras were added to a country, most of the first time they thought it might be established capital countries such as the United Kingdom and the United States. However, such a "laurel crown" was awarded to the western part of Europe with an area of only 70,000 square kilometers and a small population. To the 5 million island country Ireland.

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Ireland’s presence in Europe is not very strong. Most of the time, people’s perception of Ireland rests on the rich ethnic culture such as the dance of the river and the dark beer whiskey. If you watched the movie "The Irishman", maybe I also feel that this is a place where the underworld bigwigs appear.

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What is surprising is that a country of 70,000 square kilometers has gathered the world's top technological innovations.

Currently, nearly 1200 large and medium-sized overseas companies have established branches in Ireland. Apple, Intel, Google, The European headquarters of many Fortune 500 companies such as fackbook, Yahoo, and Twitter are also located here.

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Chinese social media giant TikTok also announced that it plans to spend a huge amount of money to build the first European data center in Ireland in the next two years.


Why is Ireland favored by global multinational corporations,

Become the "group favorite" of the capital market?


The most direct reason is — Brexit. Britain’s formal Brexit has created an excellent opportunity for Ireland.

Ireland therefore became the only country in the Eurozone but not a Schengen country, and the only EU country whose mother tongue is English, that is to say, Ireland is the gateway to the European Union with a population of 540 million.

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There is such a natural advantage, coupled with the government's divine assist: ultra-low corporate income tax rate.

The pro-business policy of the Irish government is very well-known internationally, and the most direct manifestation is the preferential tax policy.  

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Ireland’s tax rate is relatively low in the world, only 12.5%, while EU countries’ average is 21.68 %, the United Kingdom is 19%, and the low tax rate is a very big competitive advantage for Ireland!

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Apple took advantage of this taxation advantage and set up an operating company in Ireland, which allowed all profits outside the United States to flow to Irish companies. Through various complex tax structures, taxes were greatly reduced.

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Secondly, Ireland is recognized as having a world-class education system and a complete reserve of professional knowledge. The demographic structure is also the youngest in Europe. The proportion of engineers and scientists with systematic training in the country’s working population is the highest in Europe, and most of them work for multinational companies.

Due to the preferential policies of Ireland and the business environment where high-quality talents gather, companies have also prompted companies to move their R&D and manufacturing centers to the country, which has gradually formed multiple advantages in finance, information and communication technology, and biopharmaceuticals. Industrial clusters and a rich industrial chain realize a "win-win" between enterprises and the country.


not only multinational companies,

More and more high-net-worth families are falling in love with Ireland.

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The appeal of Ireland


 The EU is a rich country with a good business environment

Ireland is a highly developed country with rapid economic development and one of the richest countries in the European Union.

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Thanks to a good business environment such as low tax rates and rapid development, Ireland has been rated as the "World's Most Suitable Business Country" by Forbes for many years.


  Favorable tax policy: corporate tax rate as low as 12.5%

Ireland’s corporate income tax is 12.5%, ranking the lowest in the European Union. It has also signed comprehensive double taxation agreements with 72 countries and regions around the world, including the United Kingdom, China, and Hong Kong.


 Leading education level, gathering high-quality talents

The education of Ireland and the United Kingdom are in the same line, leading the education level, and is one of the most educated countries in the world.

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 Stable development environment: one of the seven most neutral countries in the world

Ireland is one of the seven neutral countries in the world, and its political situation has always been very stable.


In addition, in the “2016 World’s Safest Countries” ranking, Ireland ranks 12th, one of the countries with the lowest crime rate in Europe. Ireland has a relatively stable social structure, a high sense of integration in life, and is one of the most friendly countries to immigrants and other foreign populations.


       Unique geographical and language advantages


Ireland is one of the six English-speaking countries.

Since Brexit, Ireland has become the only English-speaking country that can enjoy the benefits of both the UK and the EU at the same time!

After immigrating to Ireland and obtaining an Irish passport, you can enjoy the benefits of Ireland, the United Kingdom and the EU's three major countries (regions) at the same time!

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Ireland Investment Residency Program

★ The main applicant is at least 18 years old and has a net asset of 2 million Euros under the name of a non-EU citizen

★ The legal spouse, minor children or unmarried and economically dependent children of 18-24 years old of dependent applicants can apply together

★ Donate 500,000 euros to Irish charity projects (more than five families, can donate 400,000 euros/family)

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