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Real Estate & Second Passport in Dominica

Jungle Bay, Dominica

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Overview

Jungle Bay is in the process of developing 120 guest villas. These villas were recently approved for sale under the CIP. The introductory sale price of the villas is $200,000 (plus $41,875 for sales commission, land transfer tax and admin fees). Each villa is 345 square feet. They are fully furnished. CIP buyers receive clear title to their villa plus the 1000 square foot lot where it is situated. The villas will be utilized to accommodate Jungle Bay hotel guests. For over a decade Jungle Bay has been the Caribbean’s most successful ecologically friendly hotel. Trip Advisor ranked Jungle Bay #3 on its list of the top 25 Caribbean Hotels in 2015! The original hotel was becoming too small for its expanding clientele so the decision was made to rebuild a larger facility on a site that is closer to most of the island’s natural attractions. Construction is scheduled to commence in October 2016 and the hotel to open for guests in November 2018. 40% of the villa rental income will be used for upkeep and insurance, 30% will be paid to the owners and Jungle Bay will keep 30% for management and marketing. Because Jungle Bay has been open for over 10 years, past performance is the best indicator of the likely outcome of this investment. Jungle Bay has a proven track record as the most successful hotel in Dominica. The hotel has been profitable every year since opening for business in 2005. Jungle Bay’s proven track record and title/deed for each villa makes these villas one of the best CIP investment in the Caribbean. Your CIP clients should take advantage of the $200K introductory price offer while it lasts.

About This Unit - Model 1



Fully equipped villas with shower/toilet (no kitchen, hotel restaurant will be used).

Unit Photos

Floor Plans

investment

  • Developer Ay Ay Holdings Caribbean Ltd T/A Jungle Bay
  • Price $200,000.00
  • Type of Ownership Free Hold Title
  • Annual Days Usage 7
  • Reservation Deposit $10,000.00
  • Full Down Payment $231,875.00
  • Monthly Fees
  • Start Paying Fees no fees
  • Stamp Tax 0%
  • Title/Closing Fees $17,875.00
  • Expected Roi 0%
  • Construction Progress Selling Off Plan%
  • Rental Pool No
  • Number of Units 120
  • Units Available 115

Project Brochure


Program

  • dual citizenship Yes
  • Family members included Yes
  • land ownership Yes
  • Physical residence required No
  • Personal visit required No
  • Language skills required No
  • Interview required No
  • Investment Single $200,000
  • Investment Family 4 $200,000
  • Minimum annual income -
  • Time to citizenship 2
  • Time to permanent residency
  • Visa-free countries 118
  • Financing available No

Fees

government fees main applicant $50,000
due diligence fees main applicant $7,500
processing fees main applicant $3,000
passport fee $1,200
certificate issuance fee $750
total fees main applicant $62,450
government fees spouse $25,000
due diligence fees spouse $7,500
passport fee $1,200
certificate issuance fee $750
total fees spouse $34,450
government fees dependents -18 0 (2 dependents), $25,000 (4 dependents)
passport fee $1,200
certificate issuance fee $750
total fees dependent -18 $1,950 (under 16) $5,950 (16-18)
government fees dependents 18-25 $25,000
passport fee $1,200
certificate issuance fee $750
total fees dependent 18-25 $30,950
government fees dependents +65 $25,000
due diligence fees dependents +65 $4,000
passport fee $1,200
certificate issuance fee $750
total fees dependent +65 $30,950

Country details

Dominica
XCD
1767
Roseau
North America
English
72813

Visa Free Travel

With your new passport from Dominica you'll be able to access 118 countries visa free
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Documents Required

  • Original Professional Reference Letter (Not older than 6 month)
  • Financial Statement
  • Original Bank Reference Letter (Not older than 6 month)
  • Two Personal References
  • Original Police Clearance Certificate
  • Eight passport-size photos
  • Original or Certified copy of Marriage Certificate (if applicable)
  • Original or Certified copy of Birth Certificate (if applicable)
  • Official transcripts of written confirmation from a recognized education center (dependents over 18)
  • Proof of payment of nonrefundable processing and due diligence fees
  • Statement of Source of Funds
  • Curriculum Vitae
  • Evidence of Business Background
  • Real estate sales and purchase agreement
  • Medical Certificate
  • Certified copy of passport
  • Certified copy of ID Card
  • Professional and academic certificates (if applicable)
  • Photograph and Signature Certificate
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