These are exciting times for the Citizenship by Investment (CBI) program in Grenada. The Caribbean’s premier CBI program announced today yet another enhancement to the program with a new pricing option for investment in Approved Projects in the tourism accommodation sector (Section 11).
Beginning on April 1, 2019, the CBI Unit in Grenada will begin accepting applications through investment in an Approved Project with a purchase price of US$220,000 plus the government contribution of US$50,000 (for a family of four). Please see the enclosed Circular Note from CBI Unit for further information.
The Overseas Investor will be formally announcing details of this new offering for Kimpton Kawana Bay at this lower price level next week, we are just awaiting certain pertinent details surrounding the price drop from the CBI Unit. Sales agreements will also be available at that time. Stay tuned!