In our article “Cheap Sale Sail Fast” we reported that the
government had been contemplating a reduction in passport prices and Simeone
Albert and Bottom Brain referred to our article as fake news. http://www.masinthecemetery.com/2020/05/cheap-sale-sail-fast-passport-prices.html?m=1
Passport
selling agents received a letter authorizing the following changes to Dominica’s
CIP program and the people of Dominica are left in the dark. As of yesterday the
contribution for a family is no longer $200,000 , now US$175,000 and that siblings ages 18-25 can now be included as an option for
an additional fee of either US$50,000 (for those aged 18-25).
The following
is an excerpt of the letter issued to passport selling agents.
II.
Investments and Fees
a.
Direct Monetary Investment
The
following are now payable under the direct monetary investment (commonly
referred to as the ‘contribution to the EDF’) arm of the Program:
§ Main
applicant: US$100,000
§ Spouse
of the main applicant: US$50,000
§ Sibling
of the main applicant or of the spouse of the main applicant aged 18 to 25:
US$50,000
§ Any
dependent other than the spouse of the main applicant or a sibling of the main
applicant or of the spouse of the main applicant who is aged 18 to 25:
US$25,000 each
Here is
the googly
Except
that US$175,000 shall be sufficient for a family of four including the main
applicant, the spouse of the main applicant, and two other dependents other
than a dependent who is a sibling of the main applicant or of the spouse of the
main applicant.
Note,
therefore, that if a family composed of a main applicant and his or her spouse,
child, mother, and sibling aged 25 were to apply for citizenship through a
direct monetary contribution, the contribution amount required would be:
US$225,000 (US$175,000 + US$50,000)
Real Estate Investment and
Government Fees
The
following are now payable in Government Fees for applicants under real estate
arm of the Program:
§ Main
applicant: US$25,000
§ Family
of up to four persons, including the main applicant and up to three dependents
but excluding any dependent who is a sibling of the main applicant or of the
spouse of the main applicant: US$35,000
§
§ Family
of up to six persons, including the main applicant and up to five dependents
but excluding any dependent who is a sibling of the main applicant or of the
spouse of the main applicant: US$50,000
§ Family
of seven persons or more, including the main applicant and at least six dependents
but excluding any dependent who is a sibling of the main applicant or of the
spouse of the main applicant: US$70,000
§ A
sibling of the main applicant or of the spouse of the main applicant aged 18 to
25: US$50,000
§ A
sibling of the main applicant or of the spouse of the main applicant below the
age of 18: US$25,000
Please
note that the minimum threshold for real estate investments remains US$200,000.
Please
also note, therefore, that if a family composed of a main applicant and his or
her spouse, child, mother, and sibling aged 25 were to apply for citizenship
through a real estate investment, the following payments would need to be made:
§ Minimum
investment: US$200,000
§ Government
Fees: US$85,000 (US$35,000 + US$50,000)
c.
Remaining Fees
All
remaining fees are unchanged. Therefore, the following fees continue to apply
under both arms of the Program:
For a country whose
economy is solely dependent on passport sales we ought to be very concern as
very soon the passport selling business will be unsustainable. According to Emmanuel Nanthan passport sales for 2019 went down from 5000 books
in 2018 to 2600 books in 2019. Passport
selling agents have also reported an acute decline in passport sales due to the
Covid 19 crisis. The question is how much are Skerrit and his gang willing to
debase the value of our citizenship just to maintain their, their opulent life
style and an urgent need to remain in
power?
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