Recently, the Ministry of Finance of Grenada released data for the Grenada Citizenship by Investment Program for the first half of the year, indicating that investments in the program are trending upward. Data shows that in the first half of 2021, Grenada received a total of 226 applications (compared to 176 in the first half of 2020), an increase of 28.4% compared to the same period last year.
At the same time, 528 passports were issued in the first half of this year. On average, each application included one primary applicant and two dependents, which is virtually unchanged from last year's average household size (3). Furthermore, the total revenue of the Citizenship by Investment Program in the first half of 2021 was 119 million Eastern Caribbean dollars. Of this, 71 million ECD was contributed by real estate investment, 34 million ECD by the National Transformation Fund, and 14 million ECD by government fees.
In recent years, the Grenada Citizenship Program has stood out for advantages such as simple application conditions, short processing timelines, and no residency requirements. Grenada is gradually becoming a preferred destination for overseas investment immigration for Chinese investors, and is favored by global investors, particularly high-net-worth clients from China.
Previously, in the latest 2021 "Citizenship by Investment Index," Grenada ranked third and achieved full marks across four pillars: no residence requirements, efficient and clear application procedures, efficient and transparent due diligence processes, and the ability to include a greater number of dependents. The report states: "Family inclusiveness, an emphasis on due diligence, and enhanced regulation of real estate projects have become future development trends for investment citizenship projects."
It can be said that Grenada has become a dazzling pearl in the Caribbean region. By leveraging Grenadian citizenship, investors can apply for a U.S. E-2 visa to work, live, and study in the United States legally, while also enjoying visa-free access to the United Kingdom and the benefits of being a Commonwealth country citizen.
Currently, Grenada's Citizenship by Investment Program allows individuals and their family members to obtain citizenship in Grenada. Applicants can make a minimum donation of 150,000 USD to the Grenada National Transformation Fund (NTF) and pay related government fees to apply for Grenadian citizenship for four generations of their family, thereby acquiring Commonwealth citizenship. Additionally, one may apply for immigration by subscribing to the equity of the Six Senses Grenada hotel project for 220,000 USD.
Six Senses, a luxury hotel project approved by the government of Grenada
Jointly created by powerful developers and world-renowned operators
Equity holders can enjoy hotel operating income
Citizenship is retained after the holding period expires
Subsequent buyers after equity transfer may also apply for citizenship
Multiple benefits: citizenship and investment returns
The Six Senses Grenada project is a hotel project approved by the Grenadian government for citizenship by investment. By investing 220,000 USD to subscribe to hotel equity and paying the relevant government fees, investors can not only enjoy the operating profits of a luxury hotel but also apply for Grenadian citizenship for four generations of their family. The equity can be transferred after being held for five years, without affecting the status already obtained, and the subsequent buyer of the equity may also apply for Grenadian citizenship. Additionally, while holding the equity, investors enjoy complimentary annual accommodation (please consult WorldWay Group for details).
Important note: 60% of the equity in the Six Senses Grenada project has already been subscribed. Investors interested in immigrating to Grenada through this project should act quickly—early application leads to earlier benefits!
As one of the Top 500 Asian Brands, WorldWay Group, as an active promoter of Commonwealth Citizenship by Investment programs, maintains excellent engagement with numerous Commonwealth government authorities. Relying on over 20 years of rich practical experience and a philosophy of "Integrity is the Foundation, Clients are Paramount," we cautiously select projects, provide professional service to our clients, and have successful cases located all over the world!
In addition, WorldWay offers Citizenship by Investment programs for Commonwealth countries such as Vanuatu, Saint Lucia, Saint Kitts and Nevis, Antigua and Barbuda, and Dominica for your consideration!
For more details, please consult the WorldWay Group service hotline. Mainland China: 400-138-2929; Hong Kong, China: (852) 2802 8798.
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