Grenada CIP Head Confirms: Non-Sanctioned Russians Welcome to Apply Again, on Case-by-Case Basis
Non-sanctioned Russian and Belarusian investors are officially welcome to apply to Grenada’s citizenship by investment program again.
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Grenada CIP Momentum Continues in 2022, Another Record Year Likely, Q1 Figures Indicate
Grenada raised some EC$90m during the first quarter of the year, two-thirds of it from real estate investors, hinting at another record year.
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A History of Citizenship by Investment – Infographic (May 2022 Update)
40 years have passed since countries first began selling citizenships. See our timeline of the history of citizenship by investment programs.
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Grenada CIP Breaks All Previous Records in 2021 as Revenue Tops US$100m
Grenada’s CIP recorded yet another all-time revenue high in 2021 (for the fifth year in a row) while also breaking a litany of other records.
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4 of 5: Grenada Citizenship by Investment Program Suspends Russian, Belarusian Applicants
Russian and Belarusian applicants remain welcome under the CIPs of Turkey, Montenegro, and of Saint Lucia, the final Caribbean hold-out.
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The Big Investment Migration Stories of 2021: IMI’s 10 Most-Read Articles This Year
Among our ten most-read stories in 2021, half concerned Portugal and half were written by outside contributors. Merry Christmas.
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Grenada CIP Sets All-Time Application Record in Q3: 2021 Volume Already Equals Last Year’s Total
Grenada’s isn’t the only Caribbean CIP smashing records during the pandemic but is the only one that’s seen five consecutive years of growth.
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Hartman University Town: The Only Approved Educational CBI Project
Ground has been broken on Hartman University Town in Grenada, and phase one is scheduled for completion in 2024.
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Grenada CIP Approvals Drop 25% in Q2 as Real Estate Investment Falls Sharply
While NTF-based application approvals were up on the quarter, real estate options approvals fell by 31% in Q2, 2021.
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Flying Start to 2021 for Grenada CIP: Approvals Up 30% YoY in First Quarter
If Q1 figures are any guide, Grenada’s CIP is on track for a fifth consecutive record year. The share of investors choosing real estate nears historical highs.
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Kawana Bay Developer Seeks Int’l. Arbitration Against Grenada – If Accepted, Govt. Would Have to Comply, Says Expert
The developer behind Grenada’s Kimpton Kawana Bay has filed for international arbitration against the government. One subject matter expert says they could have a case.
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Warren Newfield Responds to PM Mitchell’s Claims in Exclusive Interview With IMI
In an IMI exclusive, Warren Newfield answers questions about whether his resignation was preemptive, if he has the capital necessary to finish the project, why project completion has been delayed several times, and much more.
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Grenada Ambassador and CBI Developer Resigns Over “Anti-Business” Policies – Govt. Responds With Counter-Allegations
CBI-developer Warren Newfield says Grenada’s government has become “anti-business”. The government responds with allegations of its own.
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Grenada’s 2020 CIP Revenue Shattered Records, Real Estate Investment Up 106%
Grenada’s CIP broke records for the number of applications, approvals, new citizens, real estate investments, and overall program revenue.
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Weekend of Libel: Range Developments, Vanuatu Govt. React to False Claims
Mohammed Asaria warns of legal action against competitors he says employ “dirty tricks”. Vanuatu assures its Schengen-access is not imperiled.
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US Ambassador Lauds Grenada CIP’s Use of JRCC Due Diligence
The ambassador praised Grenada’s use of the JRCC’s facilities and conceded that “some countries use it more than others”.
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If Second Half of 2020 is as Good as The First, Grenada CIP Has Another Record Year in Store
On a dollar-basis, revenues from the real estate option already outpace those from NTF contributions; EC$55 million versus EC$46m in 2020.
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Kimpton Kawana Bay Launches Sales of the Last Units in the Final Phase
The next 5-star beach resort to open in Grenada, Kimpton Kawana Bay, has announced the much-anticipated launch of its final units for sale.
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Grenada CIP Developer Caught on Camera Promoting Illegal Discounts: CIU Investigating
The CIU is investigating and has promised to take “appropriate action” against discounting and buybacks that it says are illegal.
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Kimpton Kawana Bay Phase 1 Sold Out, Very Few Units Remaining in Phase 2 and 3
The first phase of the project is sold out, as well as all suites and the vast majority of the single title studios in the Matura building (phase 2).
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