Your Residence Benefits @ Blockchain DigitalCity

WHY SHOULD YOU INVEST & ACQUIRE YOUR EXECUTIVE VILLA IN THE BLOCKCHAIN DIGITALCITY - GLOBAL WEALTH CENTER PROJECT?

What measurable benefits would you receive by living and working in this viable, secure & prestigious ocean view - TAX EXEMPT - and business community?

Developed in North Coast of the Dominican Republic, in the ocean front city of Puerto Plata and designed with Feng Shui energy flow to promote health, happiness, and abundance in your life.

PHASE 1 of the Blockchain DigitalCity Community:

Executive Villas are now under construction for immediate acquisition including our Blockchain DigitalCity benefits such as:

Diplomatic passports for you and your wife, your own Investment Bank, tax free residence and second citizenship in the Dominican Republic all for very affordable prices with up to 75% bank financing subject to your good credit score in your home country.

You receive the following all-inclusive services included in the acquisition of one Executive Villa in our tax exempt community:

Included is the establishment of your new Investment Bank & Blockchain Trust
Included is the establishment of your new Investment Banking Trust in the USA
Included is the establishment of your new Investment Banking & Asset Management Fund in the USA
Certificate of Investment Bank/Trust Licenses
Certificate of Good Standing
Articles of Incorporation
The BY-LAWS
Trust Deed
Apostille
Registered Agent Fees for year 1
Our Service Fees for year 1
Correspondence Bank account with your sole signatures
Included in the sales price is a highly professional Private Placement Memorandum for each entity Reg. D 506c, which you can use to raise capital.
We further include a professional Trust Agreement and Declaration of Trust (36 pages).
E-wallet private label payment system

Your investment and villa acquisition in the BlockChain DigitalCity Community includes these additional benefits:

Free Trade Zone Financial Community offering financial companies from across the world 30 years tax free status.
Licensed Investment Banking & Blockchain Trust
Licensed Trust Entity in the USA
Licensed Digital Asset Management Trust Fund in the USA
Included is your private label e-wallet electronic payment system for your new Investment Bank.
One (1) Ocean / Mountain view Executive Villa of 135 up to 2,195 square meters with a lot of 300 up to 5,000 square meters.
Each ocean/mountain view villa offering exceptional privacy and 24/7 security.
Immigration to the Dominican Republic with full residence permit for you and your family included.
Diplomatic Passports for you, your wife and your children included.
No matter if you chose the Dominican Republic as your tax-free business hub or your retirement spot, our experienced legal team will arrange all legal paperwork for you and your family members.
No Limits on Non-Regulated Cryptocurrency for Offshore Trading from the Blockchain DigitalCity Free Trade Zone Financial Park
In the Dominican Republic, status of cryptocurrency was determined in the official explanation of the Central Bank of June 28, 2017. It states that the only legal means of payment in the country was and will be the national currency, and legalization of cryptocurrency will not be carried out. Citizens can carry out all transactions at their own risk, but they are not prohibited.
In other words, from the Blockchain DigitalCity project, all our clients can deal in Cryptocurrency across the world, because we are NOT dealing with any clients within the Dominican Republic.
We offer up to 75% bank financing subject to your good credit score in your home country.
In addition, we can structure your villa acquisition to be a 100% TAX DEDUCTIBLE CORPORATE EXPENSE!
A major Signature golf course at Playa Dorado is only 8 km away, which offers an attractive diversity to players and the annual membership is included for the first year.

YOUR INVESTMENT BANK & BLOCKCHAIN TRUST REGISTERED ON THE BLOCKCHAIN

A DECENTRALIZED ADVANTAGE!

Traditional corporate registrations and payment systems usually depend on a central authority trust model responsible for verifying all transactions. However, the "red-tapism (extremely elongated bureaucratic process)" and tax liabilities involved in the process plummet any entrepreneur's morale.

On the other hand, decentralized Blockchain Trust registrations are fast and tamper-proof without a central authority that everyone within the Blockchain network can access and trust. As a result, your Investment Bank & Blockchain Trust can be registered in less than 30 minutes, saving you thousands of dollars yearly in Government tax liabilities.

That is true FREEDOM and EMPOWERMENT for every entrepreneur!

Owning a decentralized Blockchain Trust is the smartest and 100% tax exempt strategy to secure, buy, register, protect and control your digital & physical corporate or private assets.

Here is what your Investment Bank & Blockchain Trust is allowed to do:

Purpose & Activities

The purposes of your brand new registered INVESTMENT BANK & BLOCKCHAIN TRUST include, but are not limited to, the following business activities:

To operate an investment bank.
To offer investment banking services worldwide.
To run a funding company focused on financial technology tools.
To incorporate, to participate in any way whatsoever, to manage and to supervise enterprises and companies.
To render guarantees and to bind the company or its assets on behalf of enterprises and companies with which the company forms a group.
To render services to companies and enterprises.
To issue commercial as surety financial guarantees.
To finance enterprises and companies.
To lend and borrow money.
To obtain, alienate, manage and exploit real estate and general property items.
To exploit, hold, trade or invest in patents, licenses, know-how & intellectual property rights.
To perform industrial, financial, or commercial investment fund activities.

To offer Trust services including but not limited to:

holding real estate assets
holding bond assets in the trust
opening investment & trust accounts
taking deposits from clients across the world
disburse loans
Invest client's assets on the stock market and
provide all Investment Fund & Investment Banking Services as the Trustees find necessary.

OUR FORMIDABLE TACTICS

By registering our own Investment Bank & Blockchain Trust with us, you can now enjoy the combination of international trading and finance trust, plus the additional benefits of insurance, offshore/onshore asset protection, wealth preservation, 100% privacy, and verifiable ownership by relying on the most secure platform - the Blockchain - to protect your physical and digital assets from threats that could lead to the loss of all digitally and physically accrued wealth and valuables.

It is the desire of all businessmen, asset owners and investors to have the strongest protection for every asset. These groups also want limited expenses for maintenance, tax, and absolute control of all valuables.

With the registration of your own decentralized Blockchain Trust, YOU can take an important step to protect your assets from legal confrontations and related controversy that can deprive you of your hard-earned money and assets. Additionally, your Blockchain Trust exonerates you from paying taxes due to its decentralized nature with unrestricted access to all your possessions.

You can use your Blockchain Trust as a professional Investment Bank or "Trust Management Company" for your and your client's assets. You can assign several trusts for your or your client's assets as you see fit and issue trust deeds so you can set up the founders and beneficiaries as you or your clients wish.

Taxation in the Dominican Republic

Territoriality

Dominican tax law is primarily territorial. In principle, the Dominican Republic only collects taxes on income from Dominican sources. Thus, on the one hand, all income derived from work or business activities in the Dominican Republic is taxable, no matter if the person is Dominican, a resident or nonresident foreigner, a Dominican business entity or a foreign company with or without a branch office in the country. On the other hand, income derived from work done outside of the Dominican Republic is not taxable, even if received by Dominican nationals or companies, foreign individuals residing in the Dominican Republic or foreign companies with branches in the country.

Pensions and social security benefits are expressly exempted, as well as income received by investors who became residents under the special provisions of Law 171-07.

Dominican Republic Tax Haven and Second Passports

Although the Dominican Republic is not typically regarded as a tax haven, that is actually one of its attractions. Unlike traditional offshore centres, it has not been under pressure from the likes of the OECD, the G20 and the Trump administration. The Dominican Republic has a territorial tax system much like Panama’s, meaning that you can live there and enjoy the beaches tax free, provided your income comes from outside the country. It’s also known as one of the more liberal places for those seeking a second passport or citizenship.

Three Good Reasons to Consider the Dominican Republic for Second Passports and Offshore Investing

The more you learn about the Dominican Republic, the more you will like it and see potential. Learning more was our original purpose in studying its national history. Right now the country has three things about it that would be particularly appealing to our members:

Tax Haven – Dominican Republic has a territorial tax system, meaning that if you live there, you would only be subject to pay taxes if you had local income. You can earn what you like outside the country and you don’t even have to declare it, yet alone pay any taxes. This applies to both individuals and companies.

Second Passports – Dominican Republic is one of the most liberal countries when it comes to granting citizenship through naturalization. As an Real Estate Investor you are eligible after only 6 months of residence, to ask for a passport. As long as you haven’t done anything to upset the President, he will sign a decree making you a citizen. Absences of up to one year at a time don’t affect your residency status. This liberal naturalization law dates back to 1948, and there is much talk of it changing soon. Dual citizenship is allowed.

The following applicants may apply immediately for permanent residency status and 2nd citizenship without having to previously obtain temporary residency status:

1) Investors of at least 200,000 USD in local businesses (including free zones and government contracts) or in local real estate or financial instruments.

Expedited Residency

Law 171-07, enacted July 13, 2007, acknowledges the benefit of foreign investments to the general and economic well-being of the Dominican people and nation.
Foreign nationals meeting certain criteria can acquire residency status within forty-five working days from the date an application is admitted for inspection at the Immigration Department (Decree No. 950-01).

Eligibility Criteria

Property owners with rental income, investors, and retirees are eligible to apply for residency on an expedited basis if certain income requirements and other specific criteria are met. The term used to describe this status is “Investment Residency,” and is not always easy to obtain. The foreign national must submit the same documents required for the normal residency process, and additional documents that evidence the foreign national’s eligibility for Investment Residency.

Citizenship Procedure - Once the proper documents for one of the above cases are ready, the application for citizenship is filed with the Department of Interior. Approximately two weeks after filing, the foreign national will be called to appear personally before the Department of Interior in the Dominican Republic for an interview, conducted solely in Spanish. The questions and answers can be reviewed before the interview. Within five months after the interview, the foreign national will be summoned to personally take the oath of citizenship, granted and signed by the President of the Dominican Republic. Approximately two months after taking the oath, the foreign national will be issued a Dominican birth certificate, and be permitted to obtain a Dominican identification card (Cédula de Identidad Personal). The foreign national must appear personally to obtain the identification card from the issuing government office. With the identification card and evidence of citizenship, the new citizen is entitled to apply for a Dominican passport, a separate but relatively simple process.

Livability – Dominican Republic is a good place to live. First of all, it’s affordable. The tax exemption you get in the Bahamas by buying a half-million-dollar property you get almost for free here. The capital, Santo Domingo, is a modern cosmopolitan city with a beautiful colonial heart. The Spanish colonized it, then the Americans were mainly responsible for the development of the city. The country’s second city Santiago, and the beautiful north coast including the city of Puerto Plata, were only joined by decent roads built by the Americans in the 1920s. Before that, the north was almost a separate country – trading more with the British and Germans. Today there is a substantial American, Canadian, British and German, population up there, and parts where French and Italian are frequently spoken. So there’s really something for everybody.

Investor Criteria

a) The investment must be US$200,000 or more.

b) The investment may be direct or indirect, for example, a real estate transaction, a deposit in a bank account, or an investment in a project in the Dominican Republic.

c) The investment must be registered in the Dominican Republic, evidenced by a Certificate of Investment. Regulation 214-04 on Foreign Investment Registration stipulates the criteria for registering investments with the Department of Export and Investments (CEI-RD). The CEI-RD issues a Certificate of Investment approximately one month from the date of application, and the Certificate must be regularly renewed. The holder of a valid Certificate of Investment can sponsor immediate family members, if an individual, or company employees, if a corporation, for expedited residency.

The Dominican Republic has not been high on the traditional lists of places to retire to, that are hyped on the internet. This might be a good thing. Real estate is good value, it’s relatively easy to immigrate and obtain citizenship, and the business environment is nearly as favorable as the climate!