Grenada Citizenship-by-Investment Program Updates

Grenada has made significant changes to its citizenship-by-investment (CBI) program – key amongst them the minimum investment requirement for the real estate option has been reduced from USD 350,000 to USD 220,000. This makes Grenada’s minimum price point for real estate investment much more competitive with neighboring jurisdictions, although it is only applicable in cases where applicants co-invest in a unit or property.**The Grenada CBI program is the only one in the Caribbean that has visa-free access to China, as well as to the UK and Europe's Schengen Area, and is the only one that holds an E-2 Investor Visa treaty with the US, allowing citizens to be eligible to apply to the US for a non-immigrant visa.These significant enhancements to the Grenada Citizenship-by-Investment** (CBI) Program will improve its accessibility and make it more attractive than ever for potential investors. ÂÂ