Changes Announced to Grenada’s Citizenship by Investment Program

🕓 1 Mins Read

Updated: 7 January 2025, 09:23 am

|||

Out with the old and in with the new! Grenada has a new CEO for their Citizenship by Investment Unit (CBIU) as well as a few changes to program options.

Thomas Anthony is the new head of the CBIU for Grenada effective as of September, 2018. Mr. Anthony was previously the Deputy Chief Executive Officer of the Antigua & Barbuda Citizenship by Investment Union—one of the largest and fastest growing programs in the world.

In addition to a new boss, two new changes to the rules of the Grenada program have also recently come into effect.

The first change is in relation to dependents and includes the following details:

¥ Siblings of the main applicant (and the spouse of the main applicant) who are not married and do not have any children can now be included as a dependent of the main applicant.

¥ Parental dependents will not be required to be financially dependent on the main applicant.

¥ Children who are dependents and who are over the age of 18 will not be required to be enrolled in college or university.

The second change is in relation to real estate and states that:

Secondary purchasers of real estate units – applicants that apply to acquire citizenship through the purchase of real estate from a previous CBI applicant – in CBI approved projects will be eligible to obtain citizenship in accordance with all applicable regulatory requirements subject to payment of the minimum investment amount plus the required government contribution.

The minimum investment amount remains unchanged at $150,000 (for a single applicant) and $350,000 for real estate projects.

To learn more about these changes, or other citizenship by investment programs, contact us today.

About the Editorial Staff
About the Editorial Staff

Editorial Staff at Migrate World is a team that handles news, events, and other press release from the company, its affiliates and programs. We are a well-versed company with over a decade’s worth of experience in the field of residency and citizenship by investment.

Subscribe to our news to receive the latest immigration newsletter and events.

    By subscribing, you agree to Migrate World’s Privacy Policy.
    165040_flag_256x256.png

    Tailored Investment

    Startup Business

    Organization
    or
    Cooperation

    10-Year Residency In The Sultanate Of Oman: Business Investment Incentives

    We are excited to announce our collaboration with
    Ministry of Commerce, Industry & Investment Promotion, Sultanate of Oman

    Request a Callback

    We would like to ensure you that all data provided through the form will remain strictly confidential.