The visa waiver has been made in a bid to attract more tourists to European
Union (EU). By making travelling to the Schengen area free, then travelling
costs are significantly reduced. This will bring an influx of people travelling
into the country that had been previously been prevented to do so by the Visa
obligation rule. Prior to the visa waiver, most member countries had to
travel abroad to apply for the Schengen visa.
The EU made this move to increase the number of tourists visiting
the EU. In so doing, they seek to impact directly on the EU’s Economic,
forecasting an economic growth. Visa policies are stringent and being a big
influence on economic growth, the waiver has done more than just made
travelling easier. It has gone on to guarantee that potential tourists will not
give up their travelling plans due to the Visa obligations. The tourism
industry is said to have a 32% increase in the tourist influx into the EU. This
could result to a EUR 60 Billion income from the tourism
industry annually. Job creation of up to 500,000 is also another outcome
foreseen as a result of this waiver.
Even with the visa waiver in place, the EU commissioner for Home
Affairs still thinks that there is more than can be done in addition to the
visa waiver. In her speech at a Joint Press Conference, Cecilia Malmström,
suggests a 15-day deadline for issuance or decline of a visa.
In addition, she also proposes improvements like issuance of multiple
entry visas and availability of visa application forms in the language
of the applicant’s country.
The 16 new nations added in the EU visa waiver list include 5
Nations from the Caribbean islands and 10 from the Pacific
islands. The Caribbean islands include: Dominica,
Saint Lucia, Trinidad and Tobago, Grenada and Saint
Lucia. Those from Pacific Island are The Marshall islands,
Micronesia, Palau, Tonga, Timor Leste, Nauru, The Solomon Islands, Vanuatu,
Tuvalu and Kiribati.
The Schengen visa waiver for Dominica passport holders it is a great addition to the list of
advantages this program can offer:
- The
most affordable among the citizenship by investment programs
- The
citizenship last infinitely for a lifetime
- Dominica
recognizes dual citizenship, so there is no need to renounce your other
citizenship
- Dominica
does not inform your country of residence of your Dominican citizenship
- You
are not obligated to reside in Dominica to maintain your citizenship
- Visa-free
travel to more than 100 countries around the world
- Great
privacy and asset protection
- You
can work/do business in any CARICOM member country
- No
military service required
- No
taxes for non-residents
- No restrictions on doing business globally, including doing business in the United States
However, I have to mention here that the following countries are restricted from
participation in the Dominica Economic Citizenship Program - Iraq, Chechnya,
Somalia, Yemen, North Korea, Pakistan, Saudi Arabia, Sudan, and Afghanistan.
For detailed cost breakdown of your Dominica citizenship
application, contact us NOW!
International Services Ltd can help you greatly with your needs in Retiring and Investing in Belize.
For more information see our services below:
· International Business Companies (IBCs)
· U.S. Dollar Accounts
· Asset Protection
· Bahamas, Panama, Seychelles & other Foreign IBCs
· Trust and Trustee Services
· Belize and Panama Private Foundations
· Local Company (Chapter 250)
· Belize Dollar Accounts
· Mail Forwarding and Virtual Office Services
· Work Permit and Residency Services
· Nationality and Passport Services
· Qualified Retired Persons Program (QRP)
· Licensed Escrow Services
· Purchase Agreements
· Owner Financing Agreements
· Land Title Investigation
· Transfer of Title
Email: gomezisl@btl.net
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