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grenada

Caribbean 

Russians Account for 90% of Grenada CBI Applications in 2023, Reveals Program Chairman

September 14, 2023September 14, 2023 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, club, data, grenada

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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Caribbean 

Will Other Caribbean CIPs Follow St. Kitts and Raise Prices? Here’s What the CIUs Are Planning

August 31, 2023August 31, 2023 Christian Henrik Nesheim antigua and barbuda, caribbean, cbi, cip, citizenship by investment, club, dominica, grenada, jeff hadeed, mc claude emmanuel, nanthan, saint kitts and nevis, saint lucia, thomas anthony

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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Caribbean Intel & Data 

Grenada CIP: Revenue Up 213% From Last Year, US$133M Invested in Real Estate Since January

August 24, 2023August 24, 2023 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, club, data, grenada, statistics

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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Caribbean 

Grenada De-Certifies 5 CBI Real Estate Projects Over Failure to Start Construction

August 10, 2023August 10, 2023 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, club, grenada, thomas anthony

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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Sponsored Feature 

What the “6 CBI Principles” Means for Grenada’s Citizenship by Investment Program

July 3, 2023July 3, 2023 Contributor cbi, cip, citizenship by investment, grenada, hartman, sponsored feature

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 

Caribbean CBI Real Estate: Off-Island Escrow Accounts Raise Concerns

June 18, 2023June 19, 2023 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, club, dickon mitchell, galaxy, grenada, real estate, saint lucia

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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Sponsored Feature 

Realord Hartman Dubai Office Officially Inaugurated and 2023 Global Promotion

June 13, 2023June 13, 2023 Contributor citizenship by investment, grenada, hartman, sponsored feature

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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Caribbean Intel & Data 

Having Shattered All Records in 2022, Grenada CIP Breaks Them Again in Q1 2023

June 8, 2023June 8, 2023 Christian Henrik Nesheim backlog, caribbean, cbi, cip, citizenship by investment, club, data, grenada, statistics, thomas anthony

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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Caribbean 

Thomas Anthony Returns as CEO of Grenada’s Citizenship by Investment Unit

March 16, 2023March 16, 2023 Christian Henrik Nesheim caribbean, cbi, citizenship by investment, ciu, club, grenada, thomas anthony

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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Caribbean 

Grenada: Buyers of Illegally Discounted CBI Real Estate Could Lose Citizenship

March 16, 2023March 16, 2023 Ahmad Abbas asaria, caribbean, cbi, cbi real estate, cip, club, grenada, heather bain, mohammed asaria, real estate

Rebates and buybacks constitute “illegal discounting” and can result in de-licensing for developers and revoked citizenships for investors.

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Caribbean Intel & Data 

Grenada CIP Shattered Records in ’22: Backlog Alone Worth US$300m+

January 30, 2023February 1, 2023 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, club, data, grenada, statistics

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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Caribbean 

Kawana Bay Developers “Open to Amicable Settlement” With Grenada But Say “Extensive” Damage Already Done

January 27, 2023January 28, 2023 Christian Henrik Nesheim caribbean, cbi, cbi real estate, cip, citizenship by investment, club, grenada, kawana bay, warren newfield

The Kawana Bay developers are going ahead with international arbitration, despite the Grenadian government’s willingness to negotiate.

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Opinion Reasonable Doubt 

Lesperance: 6 Predictions About the Investment Migration Market in 2023

January 1, 2023January 1, 2023 David Lesperance club, crypto, david lesperance, grenada, malta, opinion, reasonable doubt

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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Caribbean 

Grenada Developer Attributes Rejected EC$10,000 Cash Gift for CBI Chairman to Cultural Misunderstanding

December 30, 2022December 30, 2022 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, club, grenada

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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North America Policy Updates 

NDAA Becomes Law: E2 Visas Now Available for Portuguese, Restricted for CBI Citizens

December 24, 2022December 24, 2022 Christian Henrik Nesheim AMIGOS Act, club, e2, grenada, NDAA, policy updates, portugal, residence by investment

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?

Read more
North America 

House Passes Bill That Would Limit CBI Investors’ Access to US E2 Visas

December 12, 2022December 12, 2022 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, club, e2, grenada, house of representatives, north america, united states

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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Caribbean Intel & Data 

Grenada Govt. Projection of Near-Doubled CBI Revenue in 2023 Likely Too Conservative

December 10, 2022December 10, 2022 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, club, data, dickon mitchell, grenada, statistics

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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Sponsored Feature 

Developer of Grenada’s Hartman University Town & Resort Meets Prime Minister, Discusses Progress

December 5, 2022December 6, 2022 Contributor caribbean, cbi, cip, citizenship by investment, grenada, hartman university town, real estate, sponsored feature

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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Caribbean Editor's Picks Intel & Data 

Grenada CBI Application Volume Through the Roof in Q3, Nearly Triples Y-o-Y

October 31, 2022November 16, 2022 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, club, data, grenada, statistics

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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Editor's Picks 

Top Leadership Shakeup at Grenada and Vanuatu Citizenship by Investment Programs

October 5, 2022October 5, 2022 Christian Henrik Nesheim cbi, cip, citizenship by investment, ciu, club, grenada, ronald warsal, vanuatu

Grenada’s CIU seeks a new CEO, while the Chairman of Vanuatu’s Citizenship Commission has been given leave.

Read more
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