About Grenada

For those who want to spice up their lives, Grenada is a great option. When you say Caribbean, you think of a paradise and this country is no exception. The reader should keep in mind not to confuse Grenada, the Caribbean country, with Granada, a region in Spain that’s home to the popular Alhambra.

Grenada is Caribbean, therefore it's a magical place where anything can happen, from leading a peaceful laid-back life to doing business to visiting unbelievable beaches and getting the freedom that you need when traveling.

Here you’ll find low crime rates, organic products, friendly people, and an environment that’s ideal for relaxation. 

Finding a special allure in Grenada

Mundo is particularly excited because we have partnered with one of the best developers in the country, who brings excellent real estate options. Investors will access the possibility to invest in a luxury, top-notch resort in one of Grenada's most beautiful areas.

Another great advantage is the possibility of getting an E2 visa for the United States. During the communist insurrection, the US defense department made a treaty with Grenada which consolidated a solid relationship between both parties. Now Grenada is one of the nations that can access this special visa offering unlimited access to the US for an individual and his/her family.

You'll also find that Grenada is one of the best places in the Caribbean to study, particularly medicine. Saint George's University has partnered with many institutions in the US and is one of the main sources of young doctors entering residencies in the United States. A great advantage for Grenadians is the possibility of becoming eligible for a 90% scholarship. However, this is only given under certain conditions. 

But none of these advantages would be possible without solid banking. After all, in today's world, you need a reliable institution that allows you to make transactions in and out of the country and domestically. Once you get your citizenship, you'll be able to open bank accounts fast and easily. 

Mundo sees the human being as a whole and considers that financial goals cannot be achieved without personal freedom, and this includes a whole package: a person's health, well-being, and capability to achieve their objectives and fulfill their expectations.

When it comes to health, here you'll find a wide option for organic products. The freshness of seafood and fish is just around the corner surrounded by the island's typical exotic spices. Also, it’s home to one of the best medical care systems in the Caribbean.

As a small island, Grenada offers lots of the benefits that these usually provide. In general, since they have small economies and very few wealth sources, country islands rely on foreign investment as an important part of their economies. This is why they usually have interesting incentives like lower taxes, tax treaties, and a territorial approach to taxation. Contact your Mundo expert to find out what advantages you can get here in detail. 

But one of the most beautiful aspects of Grenada is its enormous potential for tourism and related activities. Having thousands of visitors a year, it is one of the most common destinations in the Caribbean. 

This is excellent news for two reasons: 1), you get to live here with a vacation-like lifestyle, and 2/, it gives you an ample field for investment. Likewise, you can establish touristic businesses so that you can take advantage of Grenada’s enormous potential.

As you probably know if you're reading these lines, Grenada is one of the five countries in the Caribbean that offers citizenship by investment to which you can apply with your family. This includes the closest relatives, like spouse and children, but also siblings, parents, grandparents, and in-laws. Thus, getting new citizenship becomes much easier than through traditional methods in which a person has to live in the country for years and undergo lengthy processes. Thankfully, the citizen-by-investment programs make the journey much faster, in line with today's needs.

More info here

A little bit of history

Before colonization, Grenada was inhabited by Caribes. In 1498 the island was named Concepcion by Christopher Columbus and later renamed Grenada by the Spaniards conquerors.

Naturally, European settlement did not go without its conflicts. At the beginning of the 17th century, the British started to settle here only to fail and in 1674 the French were finally able to take control of the territory.

A century later, in 1763, the British took over the island through the Treaty of Paris, and lots of industries were introduced to Grenada. This includes the production of cotton, nutmeg, and cacao. With this, the population of slaves also grew having reached 24,000 souls before they were freed. In later years, workers from India and the Far East replaced them, giving birth to an amazing mixture of ethnicities and cultures.

This is why nowadays we find in Grenada an interesting blend of African, European, and Indian descendants.

In 1974, the island finally became independent establishing a constitutional monarchy governed by the queen of England whose representative was the Governor General.

What you will find in Grenada in terms of wealth, safety, and economy 

Since then, the island has been able to maintain a stable political environment. During the 90s its touristic and agricultural sectors grew considerably, and the financial services industry began to grow. Since 2013 the island has shown a 5% growth per year.

Thanks to its strategic location, southernmost of the Lesser Antilles and 100 miles north of Venezuela, Grenada is found in the very heart of the Caribbean. Moreover, it's one of the smallest independent nations in the Western world. In terms of size, the island is 20 miles long.

Visitors and residents enjoy the capital, St. Georges. Here you'll find entertainment but not only: there's the port, the above-mentioned university, and a widely developed center.

With a volcanic origin, this island is home to loads of beauty, steep valleys, and 4000 hectares of forests. Also, you'll find some of the most beautiful beaches in the area. It's no wonder that so many people have fallen in love with Grenada.

It's known as the island of spices because it's one of the largest producers of nutmeg, being the second in the world after Indonesia. It also has wide productions of cloves, ginger, cinnamon, turmeric, and mace. The perfect walk through St. George's must take you to the market to try out and smell some of the most refreshing spices. Many of the tourists that come here both through cruises and other means find this to be an excellent way to spend an evening. 

As we mentioned above, Grenada is a constitutional monarchy which makes the Prime Minister the leading authority of the country. Moreover, it has been able to achieve a great level of stability, particularly during its post-independence period.

All in all, here is a place where you will find enormous benefits like a business-friendly environment, natural beauty, nice weather, and a CBI program. If you're looking at Grenada as a potential place where to live, conduct business, or acquire a passport, keep reading the rest of our sections.