- Welcome to Grenada
- Why Grenada?
- Frequently Asked Questions
- Mount Cinnamon
- Port Louis
These are all listed in the application pack which will be provided to you upon request.
No, once you have made your application you are fully committed.
The business is currently managed by the Mount Cinnamon Resort Management Company.
Yes, you can book it and use it and you will receive an owners discount on the resort rates at that time.
Yes, citizenship is extended to your wife, dependent children under 26 years and dependent parents. Fees for family members are provided with the application form.
All Grenadian and other C.E.C. passports are valid for five years and are renewable thereafter.
It can be renewed through the Grenadian consulate in London or directly through the Grenada passport and Immigration office and through local lawyers without the need to travel.
As part of the laws of Grenada, citizens are entitled to a passport and cannot be denied this.
No – you would just give the address of your principal residence.
An application must be completed and submitted with the required documentation, the investment funds transferred to the escrow account and a shareholding agreement executed for the purchase of the requisite shares under the Citizenship by Investment program. (Mount Cinnamon Beach Resort & Spa.)
Yes, – each investor is purchasing shares in the company which owns the freehold property.
It is the company’s intention to automatically sell shares after five years of operation or such other date as determined by the Directors, in the best interest of the Investors. This guarantees all Investors a pre-determined exit strategy intended to maximize their capital return.
No, the citizenship is yours for life.
Yes, subject to Government terms and conditions at that time.
Shareholders are not responsible for annual managements fees or other costs of running the business. If there should be a shortfall in revenues over expenses then these will be funded by the sale of additional shares.
No, as a shareholder you are not liable for any individual taxes in Grenada.
The passport can be delivered to your attorney in Grenada who can then courier it to you. There is no need to visit Grenada to collect it..
The Citizenship By Investment Act is part of the Grenadian legislation. The Grenada Citizenship by Investment Act 15, 2013.
The legislation is documented and is part of the laws of Grenada having been passed by Parliament.
No you do not.