{"id":42643,"date":"2023-10-30T11:32:49","date_gmt":"2023-10-30T07:32:49","guid":{"rendered":"https:\/\/www.savoryandpartners.com\/?p=42643"},"modified":"2023-10-30T11:32:49","modified_gmt":"2023-10-30T07:32:49","slug":"its-all-digital-grenada-cbi-unit-pioneers-paperless-cbi-program","status":"publish","type":"post","link":"https:\/\/old.savoryandparnters.com\/blog\/its-all-digital-grenada-cbi-unit-pioneers-paperless-cbi-program\/","title":{"rendered":"It\u2019s All Digital: Grenada CBI Unit Pioneers Paperless CBI Program"},"content":{"rendered":"

The Grenadian Citizenship by Investment program<\/a> has transferred from using hard-copy application packages to a digital application process.<\/p>\n

This transformation includes applications for citizenship filed by investors, applications from firms to become local or international marketing agents, and applications for real estate projects to be approved under the citizenship by investment program.<\/p>\n

The digitalisation of the program application process is another step in Grenada\u2019s efforts to become home to the world’s fully digitalised citizenship by investment program, a matter that would significantly reduce processing times and resource requirements, eventually streamlining the entire program and making it much more attractive to prospective investors.<\/p>\n

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CBI Grenada: Adapting to a Changing Landscape<\/strong><\/em><\/span><\/h3>\n

The recent digital change comes as a continuation of the digitalisation of the program that took place during the COVID pandemic. Caribbean citizenship by investment programs were quick to react once the pandemic hit, shifting their operations online to maintain their procedures, and as other programs in countries such as those of the EU<\/a>, which had to deal with massive bureaucratic red tape, struggled to digitally transform their programs, the Caribbean citizenship by investment programs, who benefit from a much more localised decision-making hierarchy, did so admirably.<\/p>\n

However, that did not include the digitalisation of applications, a matter which Grenada has almost entirely completed. The only thing that remains needed in hard copy is the passport and accompanying photos, but Grenada is working on a way to shift that online as well while also maintaining a high level of due diligence capability.<\/p>\n

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Getting a Second Citizenship From Grenada is Faster Than You Think<\/strong><\/em><\/a><\/p>\n

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New Interview Requirement<\/strong><\/em><\/span><\/h3>\n

The Grenadian CIU also announced on August 1st, 2023, that the unit will begin conducting mandatory interviews<\/a> with applicants starting September 1st<\/sup>, this year, with an interview fee of $1000 each.<\/p>\n

The introduction of the interview requirements follows the outcomes of a roundtable meeting of top Caribbean officials with US delegates earlier this year<\/u>, resulting in six new principles the Caribbean citizenship by investment programs will now have to follow.<\/p>\n

The interviews are a positive step for the programs, as:<\/p>\n