Grenada Citizenship by Investment Cost Inflation in 2024

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We have already covered an across-the-board Caribbean Citizenship by Investment price increase in our news section. Yet the realities of Caribbean CBI will vary on an individual country-by-country basis. And so we bring you the lowdown on the rise in Grenada Citizenship by Investment cost that has just been announced.

Grenada Citizenship by Investment Cost Swell

As a result of the MOA set up with Antigua and Barbuda, Dominica, St Kitts and Nevis, and St Lucia, you need to donate a minimum of $235,000 to the country’s National Transformation Fund (NFT) to finalize Grenada Citizenship by Investment. 

Grenada has stipulated additional investment in its designated property projects too, as specified in a Circular sent by IMA Grenada and signed by Prime Minister Dickon Mitchell who is the Minister responsible for citizenship as well.

While sole investors still need to commit at least $350,000, buying a share requires you to invest a minimum $270,000. This is a $50,000 increase. The new prices become effective on Monday, July 1, 2024.

The RIF Trust Perspective

Leila Bagheri is our Caribbean Citizenship by Investment expert. She understands the logic behind the Grenada Citizenship by Investment cost differentiation. As Bagheri asserts, “If there was a difference in price between NFT and approved real estate development investment before, why should they bridge the gap now?”

“Grenada pledges to be part of the new, improved Caribbean Citizenship by Investment. Countries are collaborating. The recent MOA demonstrates that and Grenada is acting accordingly.”

How to Guarantee Grenada Citizenship by Investment in 2024

You have a more complete picture of Grenada Citizenship by Investment. To apply before the grace period ends, you must consult an investment migration specialist such as RIF Trust. So, contact us now to find out how.