Nestled in the Caribbean, just 1,400 miles south of the US city of Miami, is Dominica – a tropical haven of exotic birds, beautiful rainforests, and 365 rivers. A geothermal wonder, the island is home to the second largest boiling spring in the world, and countless other hot springs; some of which merge seamlessly with the sea, offering natural, therapeutic remedies.
A parliamentary democracy since its independence in 1978, the island is 73,000 people strong – all of whom enjoy the security and safety that its culture and location provides. With year-round warm temperatures, and a myriad of lush, hiking trails, filled with lakes, gorges, and breathtaking waterfalls, the island is a haven for adventure seekers and discerning travelers.
Dominica is a Caribbean Republic with a parliamentary democracy established on November 3rd, 1978. It is one of the Caribbean’s few republics. The President is the head of state, while executive power rests with the cabinet, headed by the Prime Minister. Dominica’s current Prime Minister is the Honourable Roosevelt Skerrit, who was has served in the capacity since January 8th, 2004. Its president is His Excellency, the Honourable Charles Savarin, who has served in that capacity since October 1st, 2013. Its unicameral parliament is a 30-member House of Assembly, which consists of 21 directly elected members and 9 senators.
To stimulate and diversify the economy, the government of Dominica offers tax holidays between 15 and 20 years, as well as concessions, for investment in the development of certain sectors.
Factory space and land are readily available for assembly line manufacturing. Further, investments in manufacturing comes with access to the Caribbean common market.
Tourism – wellness
Dominica has an abundance of herbs, some used in medical research, as well as plants used in the production of teas and healing oils. These, along with its numerous, underground hot water sources, make it a natural haven for businesses devoted to wellness.
Bulk and Bottle Water Export
With 365 rivers, all with ready supplies of natural mineral water from Dominica’s rich, volcanic soils, the island offers tremendous potential for bulk and bottle water export.
Dominica is one of eight members of the Eastern Caribbean Currency Union (ECCU), which all use the Eastern Caribbean Dollar. The currency is issued by the Eastern Caribbean Central Bank and has been pegged to the US Dollar, at a rate of US $1 to EC $2.7169, since 1977.
Dominica has many hiking trails, rivers, waterfalls, underwater cliffs, and volcanic springs. It is also one of the safest and more friendlier environments in the Caribbean. As such, Dominicans tend to enjoy a lifestyle that is outgoing and engaging. It is not uncommon to find Dominicans enjoying outdoor cook-ups, or planning a casual get-togethers in the outdoors with friends. This easygoing way of life is probably the reason why the island boasts a high number of centurions, and is named as one of the happiest places to live on earth.
The literacy rate in Dominica stands at 97.8 percent. Children are required to be schooled from age 5 – 16, and primary education is heavily subsidised by the local government. Students are only required to pay minimal costs for text books every school year. There are four tertiary educational institutions in Dominica.
This is a Canadian-owned medical school with campuses in Dominica and St. Vincent. The School was established in 2006 with a goal to provide quality medical education at affordable fees. It is recognised by ECFMG/FAIMER; and the Medical Council of Canada (MCC). As such, its students are eligible to sit licensing exams that allow for students to participate in residency training programmes in the USA and in Canada.
This US offshore medical school is highly regarded for the success of its graduates in earning more residency positions than any other medical school worldwide, in 2015. It is also ranked as one of top universities recording the highest percentages of passes on the US Medical Licensing Exam (USMLE). It offers scholarships yearly to Dominican citizens.
Dominica has two airports – Douglas Charles (DOM) in the northeast of the island – and Canefield (DCF) in the southwest. Douglas Charles, the larger of the two airports, is approximately one hour from the capital city of Roseau. It accommodates small commercial aircrafts and is serviced by Leeward Islands Air Transport (LIAT), Winair, and Seaborne Airlines. It has the capacity to receive 737 aircrafts directly from North America. International carriers connect to these airlines in Antigua, Barbados, St. Maarten, Puerto Rico, Guadeloupe, and Martinique. Canefield Airport, just 15 minutes outside the capital city, has a shorter runway – some 3,100 ft – and accommodates private jets, and small chartered flights.
Dominica enjoys a vibrant tourism industry, appealing significantly to adventure seeker and divers. The country recorded an average of 372,000 visitors per year over the past five years. However, in 2015, due to the damage of quality room stock from Tropical Storm Erica, the island recorded a 8.6% decline in its stay-over arrival figures.