Offering exceptional global mobility, political and economic stability and an attractive tax regime, the Grenada citizenship-by-investment programme is already one of the most sought after on the market. And with investment options starting at just USD 200,000 for a family of four, it’s one of the most affordable too.
Now, enhancements to the programme, announced last week, are set to make it even more desirable.
The first major change regards the categories of dependants permitted to be included in an application. The new enhancement states:
- Siblings of the main applicant (and the spouse of the main applicant) who are not married and do not have any children may be included as a dependant of the main applicant.
- Parent dependants will not be required to be financially dependant on the main applicant.
- Child dependants over the age of 18 will not be required to enrol in college or university.
An additional change regards real estate investment. Under the new criteria, secondary purchasers of real estate units in approved projects will now be eligible to obtain citizenship providing they meet the minimum investment and government donation criteria.
These new amendments, set to come into effect later this month, make the Grenada citizenship-by-investment programme more accessible and cost-effective than ever before.