Mundo´s country rating is essentially a freedom index whereby our team of specialists rate a combination of freedoms which include freedom from violence and personal attacks, financial freedom from high taxes, business freedom from government interference, and especially from socialism and communism.
Political stability: 10
Grenada is one of the few countries in the world that offer citizenship by investment and innovative ways of becoming a citizen of a certain country. If you choose Grenada, you'll be happy to know that it's very stable when it comes to politics. It has had a history that confirms this statement since Grenada is 100% free of left-wing governments and anti-business policies. In Mundo’s view, these are important considerations when choosing your next citizenship.
Since it largely relies on foreign investment, for Grenada it’s highly convenient to keep healthy business policies and a friendly political environment. Particularly when compared with other countries in Latin America, Grenada stands out for its stability.
Political turmoil generates tensions which can result in high volatility and a lack of trust from the general business sector. In Grenada, you won't find severe political issues like the ones you may find in a country like Venezuela or Argentina. This makes it an excellent place for business, residency, citizenship, and simply enjoying a laid-back lifestyle.
Moreover, the government supports foreign investment and, hence, foreign projects on the island. One example of this is a fantastic resort that will stand near Levera Park and that promises interesting returns and attractive perks.
The country’s Prime Minister and the chairman of the developer have met to discuss possible ways of cooperation. All in all, this is a friendly environment for business and an excellent place to make an investment. Actually, co-investment options are available for $220,000 with the possibility of becoming a citizen.
All these factors contribute to making Grenada an ideal place for residency and for personal growth. The possibility of acquiring a second passport is a great plus if we consider that this is the number one flag you’ll find on our Forever Free Package.
Personal safety: 8
It's hard to find a country that's 100% free of crime but it is possible to look for places that offer a relatively safe environment. This is Grenada. Being a small nation and having a small population, the country doesn’t have severe crime issues like some of its Latin American neighbors.
Petty crimes and similar issues may arise, but this is nothing compared with other possible places to live. In other words, the Caribbean offers, through Grenada, an opportunity to live peacefully and calmly.
Naturally, it's always good to be cautious when walking around the city and it's always recommended to set up a good security system at home or in the properties that you rent.
This is just a precaution since the country is quite safe. Either way, if you have to look after yourself and your loved ones is better to do it in an environment that makes it easy. After all, it’s better to be safe than sorry.
Moreover, safety is important if one intends to settle down with family or to run a company.
Thus, Mundo gives Grenada 8 out of 10 when it comes to personal safety and security.
Lifestyle: 7
When it comes to lifestyle, the Caribbean is very hard to beat. There are other options like maybe Vanuatu another crystal-clear-water and white sanded paradise. However, Vanuatu is two secluded and hard to reach. Grenada, on the other hand, is a short flight away from important financial centers like New York City or Panama City and close to major tourist hubs like Cancun, Miami, and Colombia. Major urban centers like Los Angeles or Buenos Aires are also within easy reach. On the other hand, a flight to Europe is no further than it would be from any other country in the Americas.
Coming back to lifestyle, the Caribbean has an undeniable charm. Besides enjoying the beautiful landscapes one can take a swim in the warm waters of the Caribbean, walk down the capital city, enjoy activities like snorkeling or scuba diving, and visit the local market.
Nightlife is active and provides options for couples, bachelors, and families who want to enjoy a nice dinner and then a supreme round of drinks.
Moreover, Mundo is connected to one of the most important real estate developments in the country. The simple promise of such a place is worth moving to a country like Grenada. If you don't choose to invest in this resort, you'll be able to enjoy its amenities and facilities.
But lifestyle is not only about entertainment. Tuition is also an important part of a person's life. This is interesting for potential citizenship by investment candidates who have kids. It's good to know that they have a good place to study at Saint George’s University, which is a renowned institution and one of the most important ones in the region.
Grenada has it all: efficient tuition opportunities, entertainment options, leisure activities, a vibrant nightlife, and most importantly, the beautiful Caribbean sea at its feet.
Tax optimization: 10
One must first understand that the essence of tax optimization is not to avoid or to eliminate taxes altogether. The key to tax optimization is to lower your tax rate at the minimum and in a legal way.
When it comes to taxes, countries like Grenada usually bring advantages in order to attract foreign investment. Since their economies depend on nothing but tourism they establish friendly conditions for those who want to invest in the local sectors. This is actually the story behind modern citizenship by investment programs.
To find out your tax advantages in Grenada first you have to consult with an expert regarding your particular case. Very few people know that tax strategies have to be tailored, especially when it comes to international business people. There are lots of things to consider including the country of origin, the country where one has businesses, the countries where one spends more than six months a year, and if one has tax residency in a territorial country or in a nation that taxes worldwide income. All these factors must be considered before discussing tax optimization opportunities in Grenada.
Investment potential: 7
When you invest in a country with natural beauty, you have secured yourself a good share of returns. Naturally, investments don't look after themselves and do not bring magical results. However, with a good advisor, you can take advantage of Grenada's tourist potential and thus enhance your portfolio getting the returns that you always wanted.
A good way of investing is through CBI programs because they bring both profitable investment and the possibility of getting a second passport. Thus, one can enhance his/her traveling possibilities with everything such a move means (business, tuition, leisure, and other aspects of life).
Furthermore, there's a possibility to acquire shares in a resort that will have 500 luxury units, parking lots, a golf course, a gym, a pool, and lots of other luxury amenities for families and travelers in general.
Investing in this resort makes you eligible for citizenship which you can get after passing the due diligence processes, background checks, and personal interviews. The minimum investment is $220,000 which in this case will have to be as a co-investment (for sole investors the number is higher).
Either way, whether you decide to invest in this resort, in a small hub on the beach, or in a touristic business, Grenada offers everything you need to be successful. The rest is effort, ability, cleverness, and the ability to learn.
Disclaimer: this section provides a general picture of Grenada and does not constitute financial or investment advice. Before making any investment, the reader should consult with a certified professional and make sure to assess the benefits and the risks that are at stake.
Freedom rating: 44 (out of 50)
If you like what you read, take a deeper look at Grenada and dare to dive into its amazing waters: they will bring nothing but opportunities.
$170,000
$2,500,000
$350,000
$1,400,000
$395,000
Life becomes endlessly fascinating when you learn to spot opportunities in the most unexpected place...
Welcome to a new chapter when it comes to Panama and its residency programs. In many articles, we ha...
Panama has long been recognized as a sought-after destination for those looking to explore new oppor...
Selecting the right jurisdiction for company registration is a fundamental decision that impacts a b...
Understanding the tapestry that consists of countries offering CBI can help us make a decision. In a...
Miami is a city of dreams, drawing people in with its sparkle and endless summer vibe. It’s a place ...