ST. GEORGE’S, Grenada, CMC – The Funding Migration Company (IMA) says a major variety of overseas nationals granted citizenship of Grenada beneath the Citizenship by Funding (CBI) program throughout the second quarter of this yr have come from the USA.
Knowledge launched by the IMA acknowledged that People accounted for 12 % of the 402 folks authorised as new residents, adopted by individuals from China and Nigeria, every accounting for 10 %.
The figures present that throughout the first three months of this yr, one % of the 632 candidates authorised for brand new citizenship had been US nationals, making it the primary time that Nigeria and China weren’t the top-ranked international locations.
The IMA mentioned that different nationalities authorised as residents for the interval got here from Pakistan, the UK, The Philippines; Uganda, Uzbekistan, Ukraine, Egypt, France, Germany, India, Kuwait, Lebanon, Republic Of Congo, Saudi Arabia, South Africa, Spain, Syria, Turkey, Bangladesh, Vietnam, Zambia, Democratic Republic of the Congo and Haiti.
As of the top of the second quarter of 2025, a complete of 893 new residents had been authorised by the IMA, bringing a complete of EC$103.2 million (One EC greenback=US$0.37 cents) in response to the June 2025 month-to-month fiscal report from the Ministry of Finance.
In August, IMA Chief Govt Officer Thomas Anthony introduced that Grenada would concentrate on advertising the CBI programme to Africa and {that a} delegation would go to West Africa in October of this yr.
“We’ve been exploring extra African international locations. Extra not too long ago, we had been in Kenya in collaboration with the Nairobi Chamber of Commerce. At that occasion, we had greater than 100 people attending, and we imagine that we’ll see some fruit from that occasion,” mentioned Anthony.
Below the CBI programme, overseas traders are granted citizenship of Grenada in return for making a considerable funding within the nation’s socio-economic improvement.