• Citizenship and a second passport for life for the applicant and dependent family members • Travel visa-free to more than 115 countries
• Visa Free access to Schengen Area countries granted in May 2015
• Enjoy tax free status
• No requirement to reside in Dominica
• No management or educational requirements
• No country restrictions (Open to all applicants)
• Applicants can make a non-refundable donation to the government fund or invest
in a government approved real-estate project
• Be over 18 years old
• Have no criminal record
• Provide all the documents are required in English
• Provide a letter of application for economic citizenship addressed to the Minister
responsible for Citizenship
• Have basic knowledge of the English language
• Make a deposit in a bank account at the National Commercial Bank of Dominica
• Must use a government authorised agent
1. The Government Fund option (non-refundable) Minimum to be invested:
• USD 100,000 for a single applicant
• USD 175,000 for applicant accompanied by a spouse
• USD 175,000 for applicant accompanied by up to two children under 18 years old
• USD 200,000 for applicant accompanied by a spouse and two children under 18
• Add USD 50,000 for each additional dependent of the main applicant other than
a spouse 2. The Real Estate option (saleable after 3 years) Purchase authorised
real estate with a minimum value of USD 200,000, which must be held for at least
three years. In addition to the cost of the real-estate the following additional
government fees apply:
• Main applicant: USD 50,000
• Spouse: USD 25,000
• Dependent under 18: USD 20,000
• Dependant aged 18-25: USD 50,000
Process (3-4 months)
• Prepare all the documents required and submit them via an authorised agent, and
pay due diligence fees
• After approval, every applicant must sign an oath of allegiance in front of a Notary
Public, Justice of Peace or Commissioner of Oaths
• Obtain the passport after the citizenship confirmation
World Premier Asset
THE K-POP EFFECT
Korean ban BTS. The K-POP superstars have 32 million YouTube subscribers and 26m followers on Instagram
Cuts are precise and the silhouettes are purposefully selected, combining sleek minimalism with playful exaggeration, or chopping proportions to unexpected effect. Slim-cut suits are worn with shirts that extend almost to mid-high, or shorts are worn under ankle length 'duvet' coats. Seoul street fashion is all about dressing up, and there is no better place to witness this than on the stylish avenues of Gangnam, Hongdae (university Hongik) and Myongdong .
Gucci, Burberry and Saint Laurent made the most of their relationships with K-pop stars. Vogue declared EXO rapper Sehun as the best-dressed man at Louis Vuitton's resort 2019 show, whild all seven members of BTS arrived at the 2018 Billboard Awards in bespoke Saint Laurent. Taeyoung from Big Bang collaborated with Fendi in 2017, G-Dragon is such a Chanel brand ambassador joining the ranks of Kristen Stewart, Cara delevigne and Pharrel Williams. Dior Men creative director Kim Jones chose 'Loveself 2019' tour for BTS.
And the K-pop influence is not limited to fashion. In September 2018, BTS was invieted to address the UN and gave a speech in Korean encouraging youths to "speak yourself". It quickly went viral. Last year BTS made history as the first Korean band to top the US charts and are the first band since The Beatles to have three No 1 albums in a single year.
Following the establishment of their Love Myself anti-violence campaign in partnership with UNICEF, BTS addressed the United Nations 73rd General Assembly and became the youngest ever recipients of the Order of Cultural Merit from the President of South Korea due to their contributions in spreading Korean culture and language.
How the rise of South Korean music is shaping the way the world dresses.
South Korean pop, K-pop, is a well-oiled music machine that plucks photogenic teenagers from obscurity and hot-houses them through years of intensive training and choreography. Sculpted into slick all-boy or all-girl bands, they are polished to an immaculate sheen and equipped with the latest duds and sharpest dance movies. K-pop has been around since the mid-1990s, however, in recent years it has gone global. With a huge following in Japan, China, Thailand, the Philippines
, the Middle East, much of America and Australia, the bands once dismissed as plastic pop stars are now world-famous. With a fan base that borders on the obsessive, BTS is the most famous band on the planet today. As a collective, the seven members that make up the group, RM, Jimin, Jin, Suga, J-Hope, V and Jungkook, have 32 million YouTube subscribers, and 23 million and 26m followers on Twitter and Instagram respectively. They were the most tweeted-about celebrities of 2017, well ahead of Kim Kardashian and Taylor Swift, and have fans who refer to themselves as the BTS army.
But while teenagers may enjoy the upbeat tunes, there is more to K-pop than first meets the eye.
During the japanese colonial occupation of Korea 1910-1945, much of the country's identity and culture was destroyed as part of so-called 'modernisation' programmes. In 1961, General Park Chunghee staged a military coup and seized power. Over the next two decades he ruled the country with an iron first, placing tight controls on political oppositions, the press and universities. He established the much feared Korean Central Intelligence Agency to spy on dissenters and control the populace through fear tactics, and in 1972 declared martial law.
For a generation of young people living under this oppresive regime, wearing western-style hot pants, mini skirts, jewellery, or, for men, having long hair and donning make-up, became a symbol of political rebellion as well as a rejection of authoritarian rule. Clothing thus became enmeshed in protest, and even after the fall of the 1990s, Seo Taiji and Boys, merged American hip-hop with grunge in a style that would become known as 'resitance fashion'.
BTS (Korean: 방탄소년단; RR: Bangtan Sonyeondan), also known as the Bangtan Boys, is a seven-member South Korean boy band formed in Seoul in 2010
Jim Rogers: Investment to Korea
The Korean Peninsula is going to be the single most exciting place
in the world once the 38 parallel comes down
“I’m extremely optimistic about the Korean Peninsula. Combing North Korea’s natural resources (and) cheap disciplined labor with South Korea’s money, ..... ",he said, referring to the fortified border between the Koreas.
He said tourism is the industry North Korea will most willingly want to open.
“The Korean Peninsula has never been on the international tourism map ever. Now when it opens many people want to come here out of curiosity,”
he said. “Once opening up the borders, there would be no turning back.”
With that anticipation he joined Ananti, a Korean resort company, as an external board member in December 2018 and bought 40.2 million won ($33,900) in shares. Ananti owns a resort that includes a golf course and hot spring at famous tour destination Kumgangsan in the North. But only two months after its opening in 2008, the resort was shut down when a South Korean woman was shot by a North Korean soldier. There has been hope that Ananti will be able to open again, but North Korean leader Kim Jong-un last year threatened to tear down the “shabby South Korean-made building” at the Kumkangsan mountain resort.
“The properties have been sitting there empty since 2008. Of course, it looks ugly. I don’t have any problem with tearing some of them down and building them (again),” Rogers said. “If they confiscate property, that’s a disaster and that would be the end of investing in North Korea. I think Kim knows enough about investing,” he warned.
“It doesn’t have to be reunification. Please open up the border and build the railroad, (Gangwon Province) Gov. Choi (Moon-soon) and President Moon (Jae-in),” he urged.another thing he is very optimistic about in Korea is graphene, a thin but strong material. Rogers joined Kospi-listed Nanomedics’ board of directors in August 2019. “Graphene will become more important than the internet,” he said. “South Korea may wind up being one of the world’s leaders in graphene technology and we’re told there are a lot of cheap graphite -- the mineral needed to make graphene -- in North Korea.”
Visas Issued to Foreign Investors and Their Accompanying Family Members
C-3 F-1 F-2 F-5
Type Business visa Visiting visa Resident visa Permanent visa
Validity Period 3 years on condition of 1 year 2 years in the initial visa Permanent
a stay of no more than application, 3 years in case
of applying for the extension
Requirements Purchase or possession More than 100,000USD Purchase or possession Having maintained the
(registration completed) is paid for a deposit (registration completed) qualification of F-2
of recreation facilities and interim payments. of recreation facilities visa for over 5 years
(condominiums, etc) worth (condominiums, etc.) with no grounds for
more than 500,000USD worth more than 500,000USD disqualification
Recipients Investor and his/her Investor Investor Investor
accompanying family ※ Investor’s accompanying ※Investor’s accompanying
member (parents, spouse, family member (spouse family member can apply
children, parents-in-law) underage children) can only only for it after the
for F-1 visa of 2 years investor gets permanent
Advantages It allows you freely to visit It allows small . Even if you reside in Korea, It allows you to engage in
to Korea without applying investors to stay it allows you to visit to real estate transactions
for foreigner registration. Korea and to apply for and to change your
the visa renewal. residence place in Korea
Relevant industrial infrastructure
An area conveniently accessible from world-class ports, airports, highways and railroads
A three and a half hours’ flight from cities with the aggregate population of 2 billion, i.e. 32% of the world’s entire population.
The world’s third largest trading bloc
It is expected that the share of the GDP of Northeast Asian countries will increase to the 30% level by 2020. The world’s 10th largest domestic consumption market comprised of highly cultured consumers
The Mecca of highly sophisticated industries
Maximization of business efficiency with the construction of a U_CITY Operation of foreign-based educational/medical institutions is possible.
South Korea is one of those countries that, while a bit of a mystery to Westerners, has been an amazing success story. I frequently talk about momentum as being an important factor in choosing a country in which to plant a flag. And South Korea has quite the story when it comes to momentum.
Not long ago, South Korea was a migrant country. Like the Philippines today, they sent workers such as farmers, miners, and domestic helpers overseas to do jobs where demand exceeded supply. Today, of course, South Korea is one of the wealthiest countries in Asia and exports, not workers, but well-respected goods such as Samsung electronics and Hyundai and Kia vehicles to the rest of the world.
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