Luxurious hospitality and residential property developer Ora Caribbean says that subscriptions for its stunning Beach House development have now closed due to unprecedented demand.
With the aim of providing residency and citizenship by investment support to HNWIs in Morocco, RIF Trust, part of the Latitude Group, has followed its recent expansion into China with the opening of an office in Morocco
Located on one of the world’s best beaches, five-star luxury resort Kimpton Kawana Bay on the Caribbean island of Grenada offers citizenship investors the chance to not only secure Grenada’s powerful passport, but also hassle-free ownership of a title deeded studio or suite with the potential for a very attractive return on investment.
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.
From closed borders and travel restrictions to lockdowns and quarantines, the effects of the pandemic throughout 2020 has led to a surge in enquiries for second passports and residency by investment proving that what once was a luxury for HNWIs has now become a necessity.
Launched on June 10 with a news story titled 'Chinese citizens turn to CBI for Plan B', the CBI Guide has just passed the significant milestone of 1 million page views.
Following a recent spate of changes by CBI-bearing countries to make their programmes more family-friendly, the Saint & Kitts Nevis Citizenship by Investment Unit has announced the inclusion of siblings in its CBI Programme, making it the last Caribbean island to do so.
With recent site visits from the Grenada CBI Unit and Prime Minister commending the project for its impressive progress and positive contribution to the country, Kimpton Kawana Bay is well on its way to completion, both in terms of construction, and overall sales.
We caught up with some of the role players in Grenada recently, click below to watch the video:
https://vimeo.com/473157047
Kimpton Kawana Bay sales to date:
- 312 sales in progress or complete
- Project is 74% sold
- 512 Individuals approved for citizenship
- Diversity of investors from over 30 countries, including China, Vietnam, India, South Africa and Nigeria
- In Q1 and Q2 of 2020, Kimpton Kawana Bay accounted for 57% of all Grenada section 11 (real estate) CBI applications
Grenada Prime Minister, Dr. the Right Honourable Keith Mitchell said: “I must commend the project developers and investors for creating this idea and executing it. We look forward to the end product – the completion of construction and the formal opening in 2022. We expect Grenada’s tourism product to be revived in the not too distant future and developments like these help to expand and improve our offering.”
Watch the Prime Minister's site visit below:
https://vimeo.com/467714674
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.
If St Vincent and the Grenadines' opposition NDP party were to win in the forthcoming election on November 5, it could mean the unveiling of yet another - the sixth - Caribbean-based Citizenship by Investment programme.