- January 1, 2018
- Posted by: CIP Journal
- Category: Citizenship
Grenada citizenship by investment program is one of the best CBI schemes in the Caribbean. The CBI program requires $200,000 one time contribution to a fund or $350,000 purchase of a property. The CBI program of Grenada is quite unique because
- Grenada passport has visa free access to China, also recently signed visa waiver with Russia increasing the value of passport.
- Grenada has E-2 treaty with United States offers backdoor entry to US.
Grenada refused about 11.8% of Citizenship by investment applications received in 2017, according to CBI report 2017.
- In 2017, Grenada received a 296 CBI applications in 2017 report and rejected a total of 25 applications (13 under NTF and 12 under Real estate), bringing the overall CBI application rejection to 11.8%
- In 2016, Grenada received 175 CBI applications and refused 19 applications (NTF 13, Real estate 6) with the rejection rate of 10.8%
Malta, known for applying world’s best due diligence standards for its citizenship by investment program, has refusal rate of 18% for 2017