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December 15, 2021

Best Places for Buying Real Estate in Grenada

Investing in a government-approved real estate project in Grenada gives investors the opportunity to secure second citizenship in the Caribbean in just 34 months. Development is diverse, including resorts, hotels, and villas. Given the booming tourism industry on the island, demand is high and the real estate market offers excellent investment with the high returns expected.

What is the best place to buy real estate in Grenada?

Some of the best places to buy real estate in Grenada are St. George, Carriacou’s, Grand Anse, and Reims Oepines.

Applicants who choose an approved real estate project must invest a minimum of $ 220,000 and retain the property for five years after obtaining citizenship. This minimal investment applies to the acquisition of eligible projects in the tourism and accommodation sector. The applicant is an individual investor, and another major applicant contributes to the joint investment, granting citizenship to the two investors and their families as one unit. In this case, the primary applicant shares a single unit that it shares with at least one other primary applicant.

Each investor will donate at least $ 220,000. Individually applying investors (investors with a family seeking full ownership of the stock) also have the option to start at $ 350,000. Funds invested as part of the application process will be entrusted as a security measure and will only be released after the citizenship application has been approved. There are several project management services throughout the island. This system enables a lean rental network with additional income.

LONDON BASED SOLUTION ADVISERS – Grenada Citizenship

Full Support with our Solution Advisers & Property Consultants:

Property search based on your requirements (from residential properties to high-value luxury developments)

– Property virtual tours, 3-D tours, and in-person tours available.

– Due diligence checks and additional property checks completed by our experts.

– Residency & Citizenship document preparation and submission.

– Full support until you receive your second passport & residency.

Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high-net-worth individuals. Our immigration advisers are regulated by OISC and IMC (Investment Migration Council).

For further information or to discuss your circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com  or call +44 207 993 63 46.