Russians Account for 90% of Grenada CBI Applications in 2023, Reveals Program Chairman
While it was always assumed Russian applicants had driven the program’s meteoric rise, the extent of their impact is only now becoming known.
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Will Other Caribbean CIPs Follow St. Kitts and Raise Prices? Here’s What the CIUs Are Planning
The question on everyone’s mind is if other Caribbean CIPs will raise prices like Saint Kitts. IMI contacted each to get an answer.
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Grenada CIP: Revenue Up 213% From Last Year, US$133M Invested in Real Estate Since January
With half a year to spare, Grenada’s CIP has already set a new annual revenue record of EC$573m, two-thirds of it in the form of real estate.
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Grenada De-Certifies 5 CBI Real Estate Projects Over Failure to Start Construction
Develop or get de-certified. That is the message Grenada’s CIU is sending approved real estate developers with this round of culling.
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What the “6 CBI Principles” Means for Grenada’s Citizenship by Investment Program
Hartman Group interviews former Grenada CIU executive about how the new “6 CBI Principles” will impact applicants for Grenada’s CIP.
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Caribbean CBI Real Estate: Off-Island Escrow Accounts Raise Concerns
If the CBI developer itself funds the escrow account, how does the CIU know the CBI applicant actually invested the full amount?
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Realord Hartman Dubai Office Officially Inaugurated and 2023 Global Promotion
As a part of its global expansion, Realord Group has officially established an office in Dubai and held an opening ceremony in April 2023.
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Having Shattered All Records in 2022, Grenada CIP Breaks Them Again in Q1 2023
While processing is starting to catch up, Grenada still had a backlog of 1,451 applications worth half a billion (!) USD at the end of Q3.
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Thomas Anthony Returns as CEO of Grenada’s Citizenship by Investment Unit
Anthony returns for a second term as head of Grenada’s CIU. His first order of business: Tackling an unprecedented backlog of applications.
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Grenada: Buyers of Illegally Discounted CBI Real Estate Could Lose Citizenship
Rebates and buybacks constitute “illegal discounting” and can result in de-licensing for developers and revoked citizenships for investors.
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Grenada CIP Shattered Records in ’22: Backlog Alone Worth US$300m+
Grenada’s CIP set new records for applications, approvals, and revenues. The biggest new record of all, however, is the size of the backlog.
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Kawana Bay Developers “Open to Amicable Settlement” With Grenada But Say “Extensive” Damage Already Done
The Kawana Bay developers are going ahead with international arbitration, despite the Grenadian government’s willingness to negotiate.
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Lesperance: 6 Predictions About the Investment Migration Market in 2023
David Lesperance goes on the record with six falsifiable predictions for events he expects in the investment migration market this year.
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Grenada Developer Attributes Rejected EC$10,000 Cash Gift for CBI Chairman to Cultural Misunderstanding
A Chinese developer’s gifting of a new-year’s red envelope with cash to the chairman of Grenada’s CBI Committee does not go over well.
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NDAA Becomes Law: E2 Visas Now Available for Portuguese, Restricted for CBI Citizens
E2 country nationals who are not “domiciled” can no longer get E2 visas if they got citizenship by “financial investment”. But what do those terms really mean?
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House Passes Bill That Would Limit CBI Investors’ Access to US E2 Visas
The act would make E2 visas available to CBI-origin citizens only if they have been “domiciled” in their new country for minimum three years.
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Grenada Govt. Projection of Near-Doubled CBI Revenue in 2023 Likely Too Conservative
Even if Grenada receives no new applications, it can still reach – and exceed – its target by merely processing its existing caseload.
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Developer of Grenada’s Hartman University Town & Resort Meets Prime Minister, Discusses Progress
With strong support and cooperation of the Government and the CIU, the project continues to advance in a methodical and timely manner.
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Grenada CBI Application Volume Through the Roof in Q3, Nearly Triples Y-o-Y
Application volume for Grenada’s Citizenship by Investment Program, the only one in its region still open to Russians, is shattering records.
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Top Leadership Shakeup at Grenada and Vanuatu Citizenship by Investment Programs
Grenada’s CIU seeks a new CEO, while the Chairman of Vanuatu’s Citizenship Commission has been given leave.
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