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Grenada offers Citizenship by Invitation through CBI

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Grenada offers Citizenship by Invitation through CBI

This story was posted 1 year ago
27 January 2025
in Business, Politics
2 min. read
Thomas Anthony, IMA Grenada, delivers a presentation about Grenada, at the 2024 Global Citizen Forum. Photo: mygrenadasolutions.com
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by Linda Straker

  • Changemakers on Forbes’ billionaire list with expertise in areas of interest to Grenada invited to apply for citizenship and become advisors to Grenada’s Prime Minister
  • Citizenship by Invitation is an initiative of Investment Migration Agency Grenada, Arton Capital, and Forbes Global Talent

The Government of Grenada is seeking to create an economic advisory group with handpicked high net-worth individuals who have been approached to become Citizens by Invitation through the Citizenship by Investment (CBI) programme.

The Investment Migration Agency Grenada (IMA Grenada) has teamed up with Arton Capital, and Forbes Global Talent to offer high net-worth individuals the opportunity to invest in Grenada’s citizenship and provide ongoing advisory to Grenada’s Prime Minister.

The initiative according to the website mygrenadasolutions.com which is run by approved CBI marketing agent GCBI-MA-0068 is called Citizenship by Invitation and it invites changemakers on Forbes’ billionaire list, who have expertise in areas of interest to Grenada to apply for citizenship and become advisors to Grenada’s policymakers.

The website states that the economic advisory role, achieved upon their naturalisation, is not considered a special appointment and does not come with a diplomatic passport. As an incentive to apply for citizenship, these specially invited individuals will benefit from priority processing of their applications, as applications will be processed in a minimum of 3 to 4 months.

Grenada earned almost EC$500 million in 2024 when it approved 5,443 new citizens through the CBI programme. The programme started in 2014 and for the first decade over 15,000 people have received citizenship. More than half of the new citizens were approved between July 2022 and December 2024.

In September 2024, Grenada was one of the Caribbean countries that offered Citizenship by Investment Programmes (CIP/CBI) which took practical steps towards establishing a regional regulator by appointing an Interim Regulatory Commission.

Julia Lawrence is Grenada’s representative on the Interim Regulatory Commission which will serve as a technical working group charged with fully developing the plans for the regional regulator and its implementation. It will operate until the first board of the regional regulator is appointed.

A similar story was run by Fortune.com on 27 January 2025.

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Tags: arton capitalcbicitizenship by investmentcitizenship by invitationforbes global talentfortuneima grenadainterim regulatory commissioninvestment migration agency grenadajulia lawrencelinda straker

Comments 2

  1. Rita Joseph says:
    1 year ago

    “Changemakers on Forbes’ billionaire list with expertise in areas of interest to Grenada invited to apply for citizenship and become advisors to Grenada’s Prime Minister…”
    Is this a blatant admission by those we have elected to govern us that they cannot do so??
    Here we go hat in hand again…

    Reply
  2. Joebrown says:
    1 year ago

    Passport is the new commodity for these jokers. Our limited infrastructure and resources can not even support our population, yet they are selling trying to increase the population by selling Passports.

    Reply

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