Health & Wellness Tourism is at Home in Dominica
Dominica benefits from a wealth of natural spas throughout the island and provides a wonderful opportunity for investments which augments this natural offering. The spas can provide therapeutic and holistic means for recovery from stress and other type ailments and is a perfect offshoot for investment in the area of medical tourism.
Opportunity presents itself for joint venture partnership with locals to develop the natural spas. Additional opportunity is available in the area of medical tourism for the development and operation of specialized treatment facilities to provide certain elective medical operation. Dominica’s natural environment is the perfect setting for rest and recuperation.
Dominica boasts of having the largest number of centenarians per capita. The longevity of the people on the island can be attributed to the tranquility of the island and the wide array of fresh food supplies. This is a major selling point of the island and sets it apart from any other island. Moreover, this is an added benefit to any investor wishing to capture a share of the market in the health and wellness sub sector.
The IDA will make available to interested investors who have met necessary requirements the names of local partners who may be interested in joint venture partnership. Investors desirous of investing in the area of medical tourism in particularly the establishment and operation of treatment facilities will enjoy a regime of specialized incentives once all the necessary requirements are met.
Some of the incentives include exemption of income tax on profit, facilitation of work permit, waiver of import duty on necessary equipment and machinery to outfit the establishment. The Government is also open to discussing and tailoring incentives to suit the investment.
Download The Concessions for Service Enterprise form: Application for Concessions - Service Enterprise