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Thomas Anthony, the new CEO of Grenada’s citizenship unit
By Melanius Alphonse
Caribbean News Now associate managing editor
melanius@caribbeannewsnow.com
ST GEORGE’S, Grenada – In new regulations gazetted on Monday, the government of Grenada has reduced the minimum investment requirement for the real estate option of the country’s citizenship by investment (CBI) program from US$350,000 to US$220,000.
The new reduced investment is only applicable where applicants co-invest in a unit, for a total of US$440,000 each.
Changes to Grenada’s citizenship by investment program (CBI), including the appointment of Thomas Anthony as chief executive of its citizenship unit, led to a strong fourth quarter (Q4) last year. Revenue was up by more than 25 percent in Q4, inclusive of 83 applications approved by the cabinet of Grenada.
Grenada is fast establishing a reputation as the most prudent and dynamic country for second citizenship investment in the Caribbean, or even the world. It has not been beset by allegations of financial irregularity, as has been the case recently in St Kitts and Nevis, where agents are advertising illegal cut-price citizenships with financing options.
Thomas Anthony, the new CEO of Grenada’s citizenship unit
By Melanius Alphonse
Caribbean News Now associate managing editor
melanius@caribbeannewsnow.com
ST GEORGE’S, Grenada – In new regulations gazetted on Monday, the government of Grenada has reduced the minimum investment requirement for the real estate option of the country’s citizenship by investment (CBI) program from US$350,000 to US$220,000.
The new reduced investment is only applicable where applicants co-invest in a unit, for a total of US$440,000 each.
Changes to Grenada’s citizenship by investment program (CBI), including the appointment of Thomas Anthony as chief executive of its citizenship unit, led to a strong fourth quarter (Q4) last year. Revenue was up by more than 25 percent in Q4, inclusive of 83 applications approved by the cabinet of Grenada.
Grenada is fast establishing a reputation as the most prudent and dynamic country for second citizenship investment in the Caribbean, or even the world. It has not been beset by allegations of financial irregularity, as has been the case recently in St Kitts and Nevis, where agents are advertising illegal cut-price citizenships with financing options.
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
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