Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, June 11 2021 - 11:00
Dominica's Housing Revolution Provides Climate Resilient Homes to Ten Families
LONDON, June 11, 2021 /PRNewswire-AsiaNet/ --

Earlier this week, the Commonwealth of Dominica handed over ten housing units 
to families in the village of Cochrane. As part of the nation's Housing 
Revolution, the homes are climate resilient meaning that they are constructed 
to withstand weather disasters. During the handing over ceremony, Prime 
Minister Roosevelt Skerrit and several other cabinet members highlighted how 
improving the housing infrastructure will positively impact other facets of 
beneficiaries' lives, contributing to a higher standard of living.

The Housing Revolution is one of the most extensive projects funded by the 
nation's Citizenship by Investment (CBI) Programme. Revenue generated under the 
programme is contributing to the construction of over 5,000 hurricane-resilient 
homes across the island as part of Dominica's feat to become the world's first 
climate resilient nation. Not only will these homes contribute to achieving 
climate resilience but will also help eliminate poverty – both of which fall 
under the United Nations' Sustainable Development Goals.

Prime Minister Roosevelt Skerrit spoke on the importance of providing stable 
housing to its citizens: "Once you have decent accommodation with access to the 
amenities, like water and light, your standard of living automatically 
improves. As part of human nature and in the animal kingdom, the pre-occupation 
is to find shelter," stated PM Skerrit.

"It would cost money, but it is an investment that is believed to be worth it 
as human life is more precious than anything else. After this ceremony, there 
will be 10 families that would claim a piece of land in Dominica as theirs. 
These people can also pass it to their children through the will," he added.

This initiative is made possible by foreign investors who have contributed to 
Dominica's Citizenship by Investment Programme ( . The 
Programme offers an attractive route to second citizenship for high net-worth 
individuals and their families once they make an investment into either the 
government fund ( ) or 
through the purchase of real estate ( ). Established in 1993, the 
CBI Programme has been particularly popular amongst the Asian market for 
wealthy investors seeking a Plan B.

Once undergoing its multi-tiered vetting procedure, those who are successful 
gain access to increased global mobility to over 140 destinations, the right to 
live, work and study in the nation and the ability to pass down citizenship for 
generations to come. 

Despite being a small island, Dominica has channelled significant resources 
into the betterment of its citizens. This is accredited to the nation's stable 
governance, transparency and its commitment to its population. Aside from 
housing, the government have used CBI funds to build multiple health centres 
and hospitals, a geothermal plant and is in the process of developing an 
international airport. 


SOURCE  CS Global Partners