Grenada | Real Estate | Property for Sale

One of the most exotic places in the world, Grenada is situated in the heart of the Caribbean Islands. Comprising a main island and several smaller surrounding islands, the predominantly English speaking state is also known as the “Island of Spice” as it is home to many nutmeg plantations. Living in Grenada offers a lifestyle like no other: combined with exquisite beaches, perfect climate and affordable costs of living, purchasing property in Grenada is achievable for those looking to relocate or to invest in property offshore.

Along with being one of the friendliest and safest islands in the Caribbean, Grenada has a strong economic outlook. If you are in the market for a second citizenship, Grenada offers a quick and hassle-free citizenship-by-investment (CBI) programme, with a mere 90 to 120 days to process your citizenship application. Through the CBI programme investors and those looking to relocate are able to apply without needing to visit Grenada during the application process, there are minimal processing fees and no physical residency is required. Grenadian citizens have preferred access, and in some cases, grants, to top schools. Grenada is also home to a world-class university. Grenadian citizenship grants you visa-free travel to 125 countries including the EU Schengen area, the UK, China, Singapore and Hong Kong. Grenada is the only Caribbean island with a CBI programme where citizenship comes with the ability to apply for a USA E-2 visa, which grants eligibility to live and operate a business in the US.

Many property investors are turning to sound realisable property assets, such as Kimpton Kawana Bay. By purchasing new property development in Grenada, citizenship is gained through sound financial investments. Kawana Bay has a strong and reliable management team as it belongs to the Kimpton Hotels Intercontinental Group. As an owner, you will share in hotel revenues, less certain costs, ensuring a profitable return on your investment. You will have two weeks free usage each year, and for the remainder of the time, your property will be put into the hotel rental pool to secure an annual return on your behalf. Our Pam Golding International offices are available to assist in your purchase, units are available from US$220 000.

Grenada offers one of the world’s top ranked Citizenship by Investment (CBI) programmes, which allows individuals and their families to invest and obtain citizenship and permanent residency in Grenada.

Grenada CBI benefits:

Citizenships are processed fast - approximately 60-90 days
Government citizenship fees for families are low – for a family of four, the main Government fee is just US$50,000 plus minor government due diligence and processing fees
No interview, education, language test or management experience is required
No residency requirements and dual citizenship is permitted
Grenadian citizenship offers visa free travel to more than 140 countries including China, Russia, the Schengen States, UK and Singapore
Grenada has source-based taxation: tax residents are not subject to Grenadian tax on their worldwide income, wealth, gift, inheritance or capital gains
Unmarried dependent siblings of the Principal Applicant and his/her spouse can be included, as well as unmarried children under the age of 30 and dependent parents & grandparents under the age of 55
Ability to sell after 5 years and secondary purchasers of Real Estate can qualify for CBI
New citizens who take up residence, after one year can benefit from up to 90% discount for undergrad courses at St. George’s University
Grenada is an E-2 visa treaty country with the USA, meaning approved applicants can live in the US with their families

USA E-2 Investor Visa:

The E-2 investor visa allows a successful applicant to enter and work in the USA based on an investment they control there. The investment must be “substantial” with no set minimum. E-2 investor visas are available only to citizens of certain countries that have a bilateral investor visa treaty with the USA

Grenada is the only country in the Caribbean that has an active CBI programme and whose citizens are eligible for the USA E-2 Investor Visa
If granted, the visa is valid for 5 years, and can be renewed without limit, provided that the underlying investment still qualifies
Application directly at a US consulate
Spouse of E-2 applicant has open market employment opportunity
Children (under the age of 21) of E-2 applicant can attend school in the USA and are eligible for in-state tuition, in most states
Processing time for E-2 visa is usually two months or less
E-2 applicant and family members can spend as much or as little time in the US as they wish
E-2 visa holders can reside in the US while their permanent residence (EB-5) applications are pending

Citizenship by Investment at Kimpton Kawana Bay is fast, financially sound, and provides global access opportunities that other CBI programmes around the world simply cannot rival.

Watch this interview with Honourable Peter David, Grenada Minister of Foreign Affairs.

For more information on investing in Grenada and obtaining Grenadian Citizenship, please contact us on grenada@pamgolding.co.za

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Explore Grenada

Wildlife

In 1300 AD Carib Indians sailed from South America, settling in Grenada and its surrounding islands. They gave their name to the Caribbean and called the native leatherback turtle here “Kawana”. Leatherbacks are excellent navigators and often migrate thousands of miles between feeding and nesting grounds. Female turtles return each year to local beaches to lay their eggs, lending the name “Kawana Bay” to this new and beautifully located beachfront 5-star resort.

Grand Anse Beach

Grenada has 45 different beaches, and the 3km (2 mile) long Grand Anse Beach, situated on the sheltered leeward southwest coast, is one of its finest. Grand Anse is a short distance from the capital city of St George’s and is Grenada’s most popular beach and main resort area. Grand Anse Beach is also Grenada’s main water sports centre. Here you can go water-skiing, parasailing, kayaking, join a snorkel or dive tour in nearby waters teeming with fish, or simply relax and sunbathe. It has consistently been ranked as one of the best beaches in the world.

Nature

Grenada is unspoiled and uncrowded with a beautiful climate, lush landscapes and pristine beaches. Various excursions take you to the picturesque pastel-coloured houses that rise up the hillsides from the waterfront, and to the bustling spice market. Or you can go inland and view this verdant island from the mountains of the interior. Here, flowering shrubs and ferns nestle amongst tropical fruit trees. Waterfalls tumble down the steep-sided valleys through forests of teak, mahogany, saman and blue mahoe.

History

The country was traditionally inhabited by Carib Indians who migrated from the South American mainland. Grenada was a French and British colony, but gained independence from the United Kingdom on February 7, 1974. Grenada’s rich heritage is still very much alive and can be seen through the day-to-day practices of Grenadians. This island is often called “unspoiled” - being one of the less commercialized Caribbean islands has been a blessing in disguise and has attracted visitors looking to experience the raw beauty of nature.

Living in Grenada

Citizenship

Grenada offers one of the world’s top ranked citizenship-by-investment (CBI) programmes, with units now available for purchase at Kimpton Kawana Bay. Grenada’s CBI programme allows individuals and their families to obtain citizenship and permanent residency in Grenada. CBI owners may stay at the Kimpton Kawana Bay with no accommodation charge for up to two weeks each year.

Climate

Grenada’s proximity to the equator ensures a year-round tropical climate, with average temperatures ranging between 23°C and 28°C. Its cooling trade winds make temperatures comfortable and it is located outside the hurricane belt.

Transport

Don’t be deceived, it’s easy to get there! Scheduled flights arrive frequently into Grenada’s Maurice Bishop International Airport from New York, Miami, Atlanta, Toronto, Caracas, London, Frankfurt and a number of Caribbean countries. The airport also offers fixed-based operator services for private jets.

Education

Grenada is home to St. George’s University which hosts 6,000 students from over 140 countries. St George’s University offers Faculties of Medicine and Veterinary Science and was established by an act of Grenada’s parliament in 1976. It is the world’s largest American accredited medical school. As a member of the UN and Commonwealth of Nations preferred access to top schools and universities is awarded to resident citizens.