One of the options available to applicants seeking to obtain citizenship by investment in Grenada is to invest in a Government-approved project. Currently, these projects encompass real estate developments such as hotels, villas, and resorts. Because of the growth of the tourism industry, there is rising demand for tourist housing facilities. Real estate developments are thus fantastic opportunities for investors looking for high returns.
Applicants opting for the approved project (real estate) route must invest at least USD 350,000. They must keep the real estate for at least three years following the grant of citizenship. The following chart highlights the costs and fees associated with this route.
ICB have an in-depth knowledge of the government approved real estate projects in Grenada in order to be able to offer clients the best investment options and resale ability. Please speak to one of our advisors at ICB who will present the most desirable, and most up to date real estate currently available for purchase in Grenada that meets with the government’s approval.