Ilana helped us to compare multiple options, taking into account our desire to invest in real estate and not just make a donation. We found a project that we liked in Grenada. It had sound financials and the added benefit of free accommodation for one week per year if we choose to visit."
Entrepreneurs have been investing in Grenada citizenship since the launch of the CBI programme in 2013. Caribbean programmes have a cachet that matches the island group’s reputation as a luxury tourist destination. The programme enjoyed a record year in 2022, raising around $US134 million.
The Grenada Citizenship-by-Investment programme is your gateway to seven magnificent islands off the north coast of Venezuela. Grenada at its purest is the Caribbean at its spiciest. Grenadian CBI allows you visa-free access to 146 countries, and it is ranked the fourth-best Citizenship-by-Investment programme in the world.
Latitude Group is a long-term partner of the Grenada Citizenship by Investment Committee (CBIC). One client who now has Grenadian nationality is South African radiologist, Dr Piet. He explains the appeal of a Grenadian passport as he has to “travel extensively to Europe both for work conferences and family holidays.”
Dr Piet is candid about his home country. “South Africa faces many political and socio-economic challenges” he admits. Citizenship by investment offers a quick fix in that it offers “immediate benefits like hassle-free visa-free travel.”
But Dr Piet has an eye on the far future as well as the near one. CBI has “opened a back door to leave if we ever decide to do so.” “It really was an “insurance policy” if you like.”
Dr Piet and his family have maintained their base in South Africa. But they love the liberty their new passport brings. They have travelled widely throughout Europe.
The family has also paid a visit to Grenada. “The Grenadian people were very friendly and welcoming,” recalls Dr Piet. They were blown away by “spectacular” Silversands, the resort in which they invested in. In 2023, their travel plans took them to Germany and France, the latter to cheer on the Springboks at the Rugby World Cup.
Dr Piet talks warmly about the Latitude Group consultant who looked after him and his family: “Ilana helped us to compare multiple options, taking into account our desire to invest in real estate and not just make a donation.”
“We found a project that we liked in Grenada.” “It had sound financials and the added benefit of free accommodation for one week per year if we choose to visit.”
We carry out the initial Latitude due diligence. Dr Piet duly signs the client agreement, completes the necessary government forms, and provides the required supporting documentation.
Latitude legal and processing teams carefully review Dr Piet's application before submitting it. In order to verify that Dr Piet meets requirements, The Grenada Citizenship by Investment Committee (CBIC) conducts thorough due diligence on him.
The Grenada CBIC reviews Dr Piet's application and approves it. They issue a certification of registration we send to Dr Piet. He proceeds to pay the required government fees.
Dr Piet receives his Grenada passport, confirming his new status.
Although Latitude will help you cut through the paperwork, Dr Piet counsels that “you will need a lot of patience. His words of wisdom include the following advice: “Get your civil paperwork in order. Make sure your financial documentation is correct and up to date.”
If you procrastinate, you can find that your preferred investment migration path is no longer an option. So, don’t delay, contact us today if you would like to become a Grenada citizen.