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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Pandemic Reveals Disparities in Processing System Robustness Among RCBI Programs
The Dominica CIU, accustomed to processing during hurricanes, finds that maintaining operations amid a pandemic is, relatively speaking, a breeze.
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Grenada CIP Fully Digitizes Applications, Antigua Offers Discounts for Post-Hoc Dependents
Grenada goes 100% digital in response to coronavirus crisis, while Antigua’s CIP slashes the price of adding dependents to already-approved applications.
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Range Developments: Circulation of False Claims Are “Morally Reprehensible”
Following the circulation of news articles in Grenada, Range Developments say they are once more the target of false claims made in public.
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2019 a Record Year for Grenada CIP: Real Estate Outpaces Donations For the First Time in 4 Years
A sharp uptick in real estate investment and drastically improved processing saw the program raise EC$166 million in 2019, 13% more than its 2018 record.
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Diplomatic Passports Have Nothing to Do With CBI (Or At Least They Shouldn’t)
Two in-principle unrelated matters – diplomatic passports and CBI programs – are being conflated to the detriment of the Caribbean, writes Carlyle Rogers.
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Turkey is Giving Grenada a Run For Its E2 Money, Three More Competitors Waiting in The Wings
Turkey surprised many by becoming the world’s most popular CIP. None more so than Grenadians, who are finding their cozy corner of the market contested.
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E2-Shortcut to the US: The New Must-Have for Citizenship by Investment Programs?
Why is the Turkey CIP the world’s most popular despite its lack of Schengen-access? Why are 98% of Grenada CIP-applicants Chinese? Answer: E2.
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Grenada CIP Case Handling Grinds to a Halt in Q3; Average of 7 Applications Processed a Month
While investor appetite for Grenada’s CIP is rising quickly, the program’s authority appears uninterested in evaluating its suitors.
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Grenada CIP, Under New Management, Sees Spike in Real Estate Approvals in Q2
Grenada’s CIP, who recently appointed a new CEO, saw significant increases in revenue, approvals, and rejections in the second quarter this year.
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