“Check out the link to find out the current investment amount for the Caribbean CBI programs, https://ntltrust.com/news/industry-updates/post-moa-comprehensive-update-on-the-caribbean-cbis/“
Grenada, known as the “Isle of Spice” for its production of nutmeg and mace, is not only a picturesque island in the Caribbean but also a stable opportunity for global investors. Recently, the country has revamped its Citizenship by Investment (CBI) Unit, rebranding it as the Investment Migration Agency of Grenada. This initiative, led by Prime Minister Dickon Mitchell, underscores Grenada’s commitment to leveraging migration as a catalyst for socio-economic advancement.
Investment options under US$ 200,000
Grenada’s CBI program offers one main pathways for investors to secure citizenship with a minimum investment below US$ 200,000:
Government Donation Option: Investors can contribute to Grenada’s National Transformation Fund (NTF). This option, starting at US$ 150,000 for individuals and US$ 200,000 for families of four, supports initiatives aimed at driving socio-economic progress. The donation route is ideal for single applicants where the price is still under the announced price floor.
Real Estate Investment Opportunities: Investors can gain citizenship by investing in approved real estate projects. With a minimum investment of US$ 220,000, this option doesn’t depend on the announced price change, but can be a more gainful opportunity for an investor who is looking for property ownership and liquidity.
Benefits of the program
Grenada’s CBI program stands out due to its strategic alliances and diverse benefits:
Global Educational Connections: Grenada has strong educational ties, notably with the Government of the People’s Republic of China and St. George’s University (SGU). These partnerships enhance educational opportunities for citizens, offering scholarships for higher education and fostering cultural exchange and academic growth. SGU’s recognition in the United States and affiliations with esteemed institutions worldwide underscore Grenada’s commitment to educational excellence and global connectivity.
Strategic Alliances: Grenada’s partnership with China extends beyond educational ties to include visa-free travel agreements, opening doors for business ventures and cultural exchanges. Additionally, SGU’s accreditation by the Grenada Medical and Dental Council and recognition by the World Federation for Medical Education (WFME) highlight its global standing, particularly in the US healthcare sector.
Economic and Infrastructural Development: The CBI program contributes significantly to Grenada’s economy. Last year, it generated an estimated EC$456 million in revenue, fueling socio-economic advancement. Investment in real estate and contributions to the NTF directly support the island’s development, enhancing infrastructure and creating sustainable growth in various sectors.
With the upcoming price hike, now is the opportune moment to invest in Grenada’s CBI program since there is only three weeks left to the deadline. This is the last call for investors to take advantage of the current rates and embark on a journey enriched with global connections and economic benefits. Seize this chance to unlock the possibilities that Grenada has to offer. Only three weeks left to apply on current rates!
