April 6, 2018 - The Chairman of Grenada’s Citizenship by Investment Committee has recently revealed that applicants to Grenada’s Citizenship by Investment Program (CBI) are, at the moment, overwhelmingly Chinese nationals.
In an interview with Investment Migration Insider, Committee Chair Kaisha Ince stated that an incredible 98% of CBI applications this calendar year have originated from Mainland China.
Grenada’s CBI has also seen an increase in popularity over the last 18 months, with a spike in Asian investor immigrants more generally. Application numbers tripled in the first half of 2017 as compared to the same period in 2016. The annual report which provides the statistics of the CBI program in 2017 will published in August 2018. It is estimated that the program has brought in approximately US$150 million in 2017.
For more information regarding the Grenada Citizenship by Investment Program, please contact our offices directly.