Is It Worth Investing In Kimpton Kawana Bay Resort Real Estate Via the Grenada Citizenship by Investment Program?
/Every investor has the right to choose an investment option to obtain the coveted citizenship and passport of Grenada.
The first option is gratuitous investments in the National Transformation Fund (NTF). In this option, the minimum investment is US$150,000 (for a single applicant) and US$200,000 (for a family of 4).
The second option is real estate investment. In this option, the applicant must invest in an approved property with a minimum value of US$220,000 (for shared ownership of real estate) or US$350,000+ (for sole ownership).
The state-approved Kimpton Kawana Bay Resort is a new 5-star resort that will overlook the white sands and ever-blue waters of Grand Anse Beach, recognized by CNN and Conde Nast Traveler as one of the finest beaches in the world.
“Heralded by Forbes as one of the most anticipated luxury openings in 2021, the resort will feature an infinity-edge pool, state-of-the-art gym and spa facilities, exquisite fine dining restaurant, roof-top bar, beach bar, lounge with terrace and water sports facilities. The resort will be operated by an internationally recognised hotel brand – Kimpton Hotels & Restaurants, part of IHG (InterContinental Hotels Group), one of the largest hotel groups in the world." - writes nairametrics.
What does the resort offer?
First, if you decide to participate in the Citizenship by Investment program and your application has been approved, then you will receive a passport of Grenada, with which you have access to visa-free travel to 163 countries, including the USA, Singapore, China, the EU Schengen zone, and Russia.
Second, a rental income of 3-5% with a transparent income distribution model and the ability to use personal housing for up to 2 weeks each year with zero annual cash payment. The resort uses a hassle-free investment model and allows you to sell the property to the investor in 5 years while retaining the citizenship of Grenada.
Grenada or "Spice Island" is an amazing and colorful country with a rich culture, inspired by West Africa. The view is drawn to the beaches, the scenery, and the delicious cuisine. Separately, it is worth saying about the low crime rate, political and economic stability, tax incentives, inherited citizenship, and the possibility of obtaining the United States E-2 visa.
