The CBI Act
Act No. 15 of 2013 otherwise referred to as the Grenada Citizenship by Investment Act enables an individual (or family) to acquire permanent residence or citizenship in Grenada by means of registration and application through an investment in the island for incidental and connected purposes.
The act allows for investment to be made in either one of two ways:
1. The first is by making a contribution to the National Transformation Fund, which assists the development of Grenada’s resources, with the aim of benefiting Grenadians.
2. The other option is an investment into a government-approved project, which comes into being after being reviewed and recommended by the committee to the government Minister in charge.
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