grenada Archives - Investment Migration Insider

Grenada CIP, Under New Management, Sees Spike in Real Estate Approvals in Q2

September 20, 2019September 20, 2019 Editor caribbean, cbi, cip, citizenship by investment, ciu, data, grenada, statistics

Grenada’s CIP, who recently appointed a new CEO, saw significant increases in revenue, approvals, and rejections in the second quarter this year.

Caribbean

Grenada CBI Developers Sue Landowner For US$20 Million – Judge Orders Asset Freeze

August 29, 2019August 29, 2019 Editor caribbean, cbi, cip, citizenship by investment, grenada, lawsuit, levera

The developers of the Levera Resort accuses the plot owner of selling land on false premises and of “running a confidence game from the very beginning”.

Caribbean

Grenada: CBI-Developer Promises 500 Jobs During Construction, 300 Once Operational

August 27, 2019August 27, 2019 Editor asaria, caribbean, cbi, cip, citizenship by investment, grenada, keith mitchell, range developments, real estate, shehada, six senses

Mohammed Asaria, Managing Director of Range, describes the project as “transformative” and vows to make La Sagesse “the second tourism capital in Grenada”.

Caribbean Intel & Data

Grenada’s Q1 CIP Revenue Doubles That of Same Period Last Year

July 5, 2019July 5, 2019 Editor caribbbean, cbi, cip, citizenship by investment, ciu, data, grenada, statistics

Should Q1 prove an indication of an overall trend rather than an anomaly, Grenada can expect to beat its all-time record from 2018 this year.

Caribbean People on the move

Thomas Anthony’s Tenure at Grenada CIU to End in August After One Year at the Helm

June 18, 2019June 18, 2019 Editor caribbean, cbi, cip, citizenship by investment, ciu, grenada, people on the move, thomas anthony

Thomas Anthony, who has headed the Grenada Citizenship by Investment Unit (CIU) since September 1st last year, will not be renewing his one-year contract when it expires on August 31st.

Caribbean Editor's Picks Policy Updates

Grenada Publishes Sweeping Amendments to its Citizenship by Investment Act

May 21, 2019May 21, 2019 Editor amendment, caribbean, cbi, cip, citizenship by investment, grenada, policy update, policy updates

Grenada’s government has just published a wide set of amendments to its Citizenship by Investment Act of 2013. No citizenship

Caribbean Editor's Picks Policy Updates

Industry Largely Welcomes Grenada CIP’s 20% Equity Rule, But Not Everyone is Happy

April 18, 2019April 18, 2019 Editor caribbean, cbi, cbi real estate watch, cip, citizenship by investment, escrow, grenada, jean francois harvey, mohammed asaria, real estate, sam bayat, thomas anthony

While prominent industry commentators laud the introduction of a skin-in-the-game requirement, some Grenadian developers say the government’s definition of “skin”

Caribbean Policy Updates

Developers Promoting Grenada’s New Price Option Without Prior Approval Subject to Penalties, CIU Warns

April 2, 2019April 2, 2019 Editor caribbean, cbi, cip, citizenship by investment, ciu, grenada, policy, policy update

Following the introduction of its US$220,000 real estate co-investment solution on March 18th, the Grenada CIU reiterates that the new price option is only available to developers that have received advance written approval, and cautions that those found to promote the new price prematurely will be subject to review and possible penalty.

Caribbean

Range Picks Grenada For Third Caribbean CBI-Project After Disappointments in St Lucia, St Kitts

March 25, 2019March 25, 2019 Editor caribbean, cbi, cip, citizenship by investment, grenada, range developments, real estate

Following unconfirmed reports last week, Range Developments has today officially announced that it will be developing several projects in Grenada’s

Caribbean Policy Updates

Grenada CIP Leaves Nothing to Chance in New CBI-Discounting Prevention Regulations

March 20, 2019March 20, 2019 Editor caribbean, cbi, cip, citizenship by investment, ciu, discount, grenada, policy, real estate, thomas anthony

In a follow-up circular to this week’s announcement that the Grenada Citizenship by Investment Programme had lowered its real estate investment requirement to US$220,000, the program’s CIU makes it clear that the practice of discounting CBI-real estate will not fly in Grenada.

Caribbean

Breaking: Grenada CIP Cuts Minimum Investment Requirement on Real Estate to US$220,000

March 18, 2019March 18, 2019 Editor caribbean, cbi programs, cip, citizenship by investment, grenada, real estate

In a rule-change gazetted today, the Government of Grenada announces that the minimum investment requirement for the real estate option of the country’s citizenship by investment program is reduced from US$350,000 to US$220,000.

Caribbean Vice

Grenada to Investigate Stalled CBI-Shrimp Farm: “Collected Significant Sums,” Says PM

March 14, 2019March 14, 2019 Editor asa, caribbean, cbi, cip, citizenship by investment, ciu, grenada, gsa, investigation, keith mitchell

In a public announcement, Grenadian Prime Minister Keith Mitchell says his administration has opened an investigation into CBI-approved shrimp-farming project Grenada Sustainable Aquaculture (GSA).

Caribbean Policy Updates

Grenada Amends CIP: Resold CBI-Property to Qualify – Siblings, Grandparents Now Eligible as Dependents

March 11, 2019March 11, 2019 Editor caribbean, cbi, cip, citizenship by investment, dependents, grenada, policy update, policy updates, real estate, siblings

In a statement released yesterday, the Prime Minister’s Office in Grenada informs the public of a series of substantial changes to the country’s Citizenship by Investment Programme.

Caribbean Intel & Data

2018 a Record Year for Grenada CIP: Revenue Up 26% Show Q4 Figures

March 4, 2019March 4, 2019 Editor caribbean, cbi, cip, citizenship by investment, ciu, data, grenada, statistics, thomas anthony

Recently published fourth-quarter figures reveal the Grenada Citizenship by Investment Programme granted 851 passports in 2018, a 21% increase on

Caribbean

Citizenship by Investment No Shelter Against Extradition, Grenada Warns Potential Criminal Applicants

February 27, 2019February 27, 2019 Editor caribbean, cbi programs, cip, citizenship by investment, extradition, grenada, nikolas steele

“We have extradition treaties with lots of countries, we have an extradition treaty with Russia, and if Russia requests you for anything illegal, we will send you back,” said Minister Steele.