While choosing a citizenship by investment programme based on a country’s shoreline isn’t recommended, among a sea of CBI Programmes that are similar in nature, the beauty of its beach could be the deciding factor. Enter Grenada’s Grande Anse and Antigua & Barbuda’s Pink Sand Beach, deemed two of the world’s best beaches.
If you’re planning to secure second citizenship, be it as an insurance policy for your family, a route to global mobility, or an escape to permanent residency, the Caribbean island of Grenada should be on your consideration list. From its excellence in education to its economic stability and family inclusiveness, here are 15 reasons why you should obtain Grenadian citizenship.
The Prime Minister of Dominica, Roosevelt Skerrit, has announced that the Caribbean country's Citizenship by Investment Programme has generated more than 1.2 billion dollars in revenue since 2017. According to the PM, the Programme has witnessed an 8% increase in revenue from the fiscal year of 2017-18 to 2018-19 and a 13.4% increase in 2019-20.
Could Portugal’s recent record number of Residency by Investment programme applicants be attributed to the country’s quick handling of the pandemic? Or is it Portugal’s EU membership and powerful passport making it so popular? Or could it be the country’s first-class medical and educational offerings, relaxed pace of life, ideal climate, and affordable and speedy route to citizenship, that has garnered it so much pulling power.
If well executed, a Citizenship by Investment Programme (CIP) can, and does, bring countries much-needed investment to help boost economic growth, create jobs and fund development. And with the negative effects of the pandemic taking hold, such programmes could become even more of an economic lifeline.
Following this week’s Budget announcements for 2020-2021, Dominica is set to use the revenues made from its successful Citizenship by Investment (CBI) programme in order to build new housing, among other pinpointed public services including healthcare and education.
One of five Caribbean countries to offer a Citizenship by Investment program, Dominica has revealed that in the last few years it has spent millions of dollars on education, funded entirely from its Citizenship by Investment (CBI) program.