What happens if you get citizenship in Grenada and move there?
Published at: 12/07/2022 09:28 am
How much money do you need to live in Grenada? Living cost in Grenada is surprisingly low compared to the highest quality of life offered by the tropical paradise island nation.
Grenada offers one of the best citizenship by investment programs. Usually, the new passport holders need the freedom of travel or better taxation. During the last twenty years, most naturalised investor citizens did not even move to the Caribbeans. As citizens, they can reside anywhere around the world.
But history shows that the objectives of the investors for citizenship can change. Now, more and more wealthy people are looking for safe havens for themselves, their families and businesses. Grenada is one of the best and most secure tropical island paradises to enjoy.
The islands are not overpopulated. Still, you can find all amenities to live your everyday civilised life. Meanwhile, the local people are friendly, and nature is beautiful.
Is Grenada cheap to live?
The cost of life in Grenada is way more affordable than you think. Living the Caribbean dream is not expensive at all. We compared living costs in Grenada's capital Saint George's, to Toronto. The result speaks for itself. And believe me, in Grenada, you do not need warm clothes. Never.
Is Grenada a nice place to live?
Grenada is a breathtakingly beautiful island nation surrounded by the Caribbean Sea and the Atlantic Ocean. It has the best beaches and even mountains. Look at the Grand Anse beach in the middle of the capital city! Consider living in paradise; it is worth it. And don't forget, like all its neighbours, Grenada is a former offshore financial centre, with all the crucial banks and a friendly no-tax system.
Grenada has two smaller islands, Carriacou and Petit Martinique, if you wish to live an even more laidback life.
Moreover, your knowledge and wealth will help the local community, and your participation is more than welcome to help a small nation to develop.
Important to know that Grenada is considered one of the countries with the best quality of life (a very high level of safety, education and healthcare).
How much money do you need to retire in Grenada?
The real estate costs are low in Grenada. Renting prices are also affordable. For around $550 you can rent a three-bedroom house at the most beautiful seaside. Perhaps you must walk ten metres before jumping in the water. According to expats' experiences living in Grenada for shorter or longer terms, the average monthly amount they spent was $1,200 for a couple.
There are two options under the citizenship program to invest in exchange for a passport. You can donate or invest in qualified real estate to qualify for citizenship in Grenada.
Discus Holdings Ltd's experts have been supporting the application of successful new citizens of Grenada since 1996. Read the details of the Grenada Citizenship by Investment Program and join the welcoming and charming tropical nation!