New Autograph Collection hotel comes with citizenship
Now, this is interesting.
Anichi Resort & Spa, part of Marriott's Autograph Collection (https://www.anichidevelopment.com/), is scheduled to open in 2019 and includes one notable perk for those who buy into the timeshare property: citizenship in Dominica, an independent, British-aligned country in the West Indies. For $200,000 plus the $20,000 commission that the hotel charges and applicable government fees, someone can buy a unit at the hotel, which they can use for two weeks out of the year, and get Dominica citizenship. |
FYI: if you scroll down tot the bottom of the below page, you'll see a calculator. The government charges a lot of fees, making the cost much more than the $200k investment.
https://www.anichidevelopment.com/real-estate/ For a $200k share, the total is $263k after all the fees. |
The name of the ownership company, Oriental Developers (Caribbean) Ltd., makes it obvious the target.
According to another website, it targets "China, Taiwan, Southeast Asia, and the Middle East." This was originally called Silver Beach Resort and Spa. The architect, Arkiplan, is from Dubai. |
I think Sharon may have posted a thread on this elsewhere.
I was a bit interested in the sales pitch based on the property but then noted that you buy the property, share in profits (I'm sure there won't be after then management fee), and can only stay in it two weeks a year. |
Originally Posted by C17PSGR
(Post 29544112)
I think Sharon may have posted a thread on this elsewhere.
I was a bit interested in the sales pitch based on the property but then noted that you buy the property, share in profits (I'm sure there won't be after then management fee), and can only stay in it two weeks a year. |
As posted on One Mile At A Time
Originally Posted by hockeyinsider
(Post 29543337)
Now, this is interesting.
Anichi Resort & Spa, part of Marriott's Autograph Collection (https://www.anichidevelopment.com/), is scheduled to open in 2019 and includes one notable perk for those who buy into the timeshare property: citizenship in Dominica, an independent, British-aligned country in the West Indies. For $200,000 plus the $20,000 commission that the hotel charges and applicable government fees, someone can buy a unit at the hotel, which they can use for two weeks out of the year, and get Dominica citizenship. |
Originally Posted by Srisarin
(Post 29544547)
As posted on One Mile At A Time https://www.flyertalk.com/forum/marr...-dominica.html |
I believe the marriott in St Kitts was doing something similiar.
I wonder what the resale value of these is? Probably quite low percentage wise? Otherwise maybe buy, keep for a year or whatever required then resell after one has the passport. |
Originally Posted by joesmoe
(Post 29556975)
I believe the marriott in St Kitts was doing something similiar.
I wonder what the resale value of these is? Probably quite low percentage wise? Otherwise maybe buy, keep for a year or whatever required then resell after one has the passport. |
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