Roseau, Aug. 17, 2022 (GLOBE NEWSWIRE) — The government of Dominica continues to make new investments in the education sector. The small Caribbean country is preparing its young people for the future by using technology to advance the sector. Dominica understands that education provides an individual with the knowledge and skills to adapt to the changing and evolving world.
The education sector is one of the main pillars of development on which Dominica is focusing to achieve its improvement plans. Education is key to the growth and success of any nation and the government of Dominica recognizes the significant impact it will have on the future of its people, especially its youth.
The journey so far has included the construction of various schools, colleges and universities, equipped with modern facilities with a mandate to provide quality education. During the recent presentation of the $1.3 billion budget for the fiscal year 2022-2023 in Dominica’s Parliament, Prime Minister Dr. Roosevelt Skerrit announced that the country plans to open a new medical school , named American Canadian School of Medicine. The Prime Minister said the new medical school would be managed and operated on the Ross University campus in Picard, Portsmouth, by CSOM Holdings Limited.
He announced that the American Canadian School of Medicine will provide a 4-year medical degree (MD) and will be operational from September 2023 after several months of negotiations between the government and CSOM Holdings Limited. It will be a world-class university and will be led by a team of experienced doctors from various universities in the United States of America. It is expected that students from around the world, especially those from Canada, the United States and the Caribbean, will consider pursuing their medical education at this new institution.
“The school will offer a four-year medical degree designed for students who have already earned a bachelor’s degree. It will be led by an experienced team of physicians who have held positions at top universities in the United States, including a former vice -president of operations at Ross University School of Medicine,” Prime Minister Roosevelt Skerrit said.
Prime Minister Skerrit has urged Dominicans to prepare for the opportunities that the return of a medical school to Portsmouth will create. There will be a demand for additional laboratory technicians, cleaning technicians, nurses, other health care workers, pharmacists and auxiliary and support staff. The government is optimistic about the potential of this new school and its positive impact on Dominica, especially the people of the north.
During the presentation of the budget, Prime Minister Roosevelt Skerrit also assured that the government of Dominica would continue to focus on improving the medical sector and health care by modernizing and installing new medical equipment. During the past fiscal year, the government has pursued several projects, including the repair of existing health centers and the implementation of the OECS Regional Health Project which focuses on improving health facilities and strengthening of health services, laboratories, public health surveillance and emergency management.
To date, the Citizenship by Investment program has helped the government complete the construction of 12 new health and wellness centers. The Dominica China Friendship Hospital is also nearing completion and construction of the new Reginald Armor Hospital in Portsmouth will soon begin.
Dominica established its Citizenship by Investment (CIP) program in 1993 to provide assistance for the socio-economic development of the country. The program has enabled the government to grant citizenship to investors who, in turn, support Dominica’s economic development.
Alternative citizenship comes with various lifestyle and business opportunities, including:
1. Dominica’s alternative citizenship can be a plan B in this uncertain world.
2. By becoming a Dominican citizen, you can become a citizen of the world.
3. Dominica’s alternative citizenship opens the doors to expanding business globally.
4. Investors can plan their wealth and diversify their portfolios.
5. Dominican citizenship makes it possible to live in a peaceful, safe and secure environment.
The program aims to stimulate foreign economic contributions to Dominica and contribute to the growth of its economy. The program will also contribute to meeting the demands of a modern and competitive global market. There are two options that investors can follow to obtain citizenship. They can donate to large development projects in the public and private sectors or invest in government-approved real estate.
Economic Diversification Fund (EDF): This investment option is popularly known as the fund option, which encourages the socio-economic development of the country. It supports the public sector and helps manage social programs in the country, including housing, education, agriculture, tourism, and health care. The minimum investment for the lead applicant is USD 100,000.
Real Estate Investment Option: Under this option, the individual(s) must invest in government-approved real estate property, including hotels, spas, and villas. The minimum investment for the lead applicant is US$200,000.