Reference is made to the Grenada Citizenship by Investment (Amendment) Regulations, 2019 which amends Schedule I of the principal Regulations to include the following new price option (“New Price Option”):
Month: March 2019
The Grenada Citizenship by Investment (CBI) Unit is delighted to present news of an enhancement of the Grenada CBI programme. The Government of Grenada has enacted an amendment to regulations under the Grenada Citizenship by Investment Act No. 15 of 2013 to provide for a new price option for investment in qualified Approved Projects. The regulation amendment permits developers with an Approved Project in the Tourism Accommodation sector to sell each unit to two or more applicants with each applicant paying a purchase price of no less than USD 220,000.
The Government of Grenada is taking steps to make its Citizenship by Investment (CBI) Programme more attractive to investors by offering a greater range of benefits.