In a rule-change gazetted today, the Government of Grenada announces that the minimum investment requirement for the real estate option of the country’s citizenship by investment program is reduced from US$350,000 to US$220,000.
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Project must have five stars (or four in less developed regions), a total investment of at least EUR 15M (or EUR 5M), 80 (or 25) staff, and at least 60 (or 35) rooms.
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“We have extradition treaties with lots of countries, we have an extradition treaty with Russia, and if Russia requests you for anything illegal, we will send you back,” said Minister Steele.
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The investment migration world has been abuzz with talk of a Montenegrin citizenship by investment program over the last year
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