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

While prominent industry commentators laud the introduction of a skin-in-the-game requirement, some Grenadian developers say the government’s definition of “skin” puts them at a distinct disadvantage. Show me the money New regulations for the Grenada Citizenship by Investment Programme stipulate that CBI-real estate developers must have a 20% equity stake in their projects to obtain

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

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.

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

Recently published fourth-quarter figures reveal the Grenada Citizenship by Investment Programme granted 851 passports in 2018, a 21% increase on the year before, and raised EC$ 147 million (US$ 54 million) in income, a 25.8% improvement. See also: Citizenship by Investment No Shelter Against Extradition, Grenada Warns Potential Criminal Applicants In 2018, the program received

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Siblings to Become Eligible for Inclusion in Grenada CIP-Applications

Unmarried siblings, financially independent parents, and non-student adult dependents of the main applicant may now be included in the application. Grenada’s Citizenship by Investment Committeehas  revealed significant changes to its definition of “dependents” set to come into effect later this month. In a circular, provided by our friend Prabhu Balakrishnan, the Grenada CBIU writes: Siblings

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Thomas Anthony New CEO of Grenada CIU

Thomas Anthony – a seasoned veteran of the citizenship by investment due diligence field – starts his new job as CEO of the Grenada Citizenship by Investment Unit today. “Starting tomorrow, I will be the CEO of the Grenada CBI Unit. So looking forward to reconnecting with old friends and colleagues and furthering the relationships

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People on the Move: Due Diligence Doyen Kim Marsh Joins Arton Capital

A seasoned maven of the investment migration-related due diligence field and a familiar name to industry observers, Kim Marsh, will be joining Arton Capital in a bid to expand the firm’s government advisory practice. Joining Marsh is Eric Schultz, a former US ambassador to Zambia, according to a press release.  Marsh is the former Vice

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Watch: Caribbean CIPs Should Have a Single Processing Unit, says Former Head of Antigua CIU, Thomas Anthony

In an exclusive interview with Investment Migration Insider, Thomas Anthony, head of Exiger’s Immigration, Citizenship, and Visa Practice, and former head of the Antigua & Barbuda Citizenship by Investment Unit (CIU) laments the absence of a price agreement among Caribbean Citizenship by Investment Programs (CIPs) and urges further integration among the programs, going so far as to

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Carib. Politicians’ View of CBI is “Let’s Get as Much as We Can Until it Ends” Says Thomas Anthony

During an on-camera interview with Investment Migration Insider, the full version of which will be published in the coming weeks, Thomas Anthony – Deputy Head of Exiger’s Immigration, Citizenship, and Visa Practice, as well as former head of the Antigua & Barbuda Citizenship by Investment Unit – calls for turning the Caribbean citizenship by investment

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“Only a Matter of Time” Before All CIP Countries Offer Tax Residency Programs – Interview with Thomas Anthony

Following his tenure as Deputy CEO – and brief stint as acting CEO – of the Antigua & Barbuda Citizenship by Investment Unit, Mr. Thomas Anthony has become a well-known figure in the world of investment migration, and a frequent fixture and speaker at CBI-conferences from London to Dubai. After resigning from the Antigua &

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