Grenada, an island country in the West Indies in the Caribbean region, gained independence back in 1974. After a few exceptionally quick changes of the government administrations, the nation settled on a decision for a democracy and steady economic growth. Today Grenada is of a potential interest to more than just nature lovers, it has become a go-to destination for high net worth individuals from around the globe looking for alternative investment or citizenship options.
According to a 2018 Wealth Report almost 34% of high-income individuals – those with US$30 mln in assets – have already obtained an alternative citizenship elsewhere. Another half is currently considering this option and exploring the possibilities available on the market. Continue reading
In the modern dynamic world there are numerous reasons why business people are looking to obtain alternative citizenship. The more benefits newly acquired passport can bring to the owner the more attractive and desirable it becomes on the market. Another advantage that is always considered by the smart investors is freedom and flexibility of global mobility, cost and ease of entire process. Continue reading
Investment immigration industry foundation has been officially set with introduction of the first citizenship by investment program in 1984 by the Government of St Kitts and Nevis. Other countries have soon joined the lead and started implementing their own alternatives ranging from residency permits to alternative citizenship programs available in exchange for a significant financial commitment. Since then the industry has seen a solid growth and is currently estimated in $2,000,000,000 range. Continue reading