
Argentina Prepares to Launch $500,000 Citizenship by Investment Program
The Argentine government is preparing to introduce a new citizenship by investment program that could become one of Latin America's most attractive options.
The Commonwealth of Dominica will replace the regular passport with an e-passport by August 30, 2022.
The e-passport will have a special microchip to authenticate the identity, and the design will contain the flora and fauna of the country. According to Minister of National Security and Internal Affairs, Rayburn Blackmoore, the ministry has developed special plans to guide the Dominicans during the transition period.
Dominican citizens who live abroad can obtain their passports through consulates or at special filing offices that will open in New York, the UAE and London.
Mobile offices will also be opened in Canada, Texas, Florida and some Caribbean countries.
The decision to adopt an electronic passport was made due to a changing world and the need for “safe and secure systems…there is also a general need for more efficient and secure travel documents that are acceptable to all and comply with relevant international standards and protocols,” said Minister Blackmoore.
To date, 7,000 e-passports have been issued.
A foreign investor can become a citizen of Dominica by passing Due Diligence and investing in the country. Investments can be made in an economic diversification fund or real estate.
The Argentine government is preparing to introduce a new citizenship by investment program that could become one of Latin America's most attractive options.
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