Month: March 2019

18 Mar

Announcement of New Price Option for Section 11 Qualifying Investment

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.