Grenada, often dubbed the “Island of Spice”, stands as a magnet for travelers and investors, thanks to its pristine beaches, deep-rooted culture, and a promising investment environment. It’s this very allure that has captivated the attention of global elites.
A notable draw is Grenada’s citizenship program, which has been a significant talking point in recent times. Now, amplifying this discourse is the introduction of the Grenada National Resort.
Government-approved, the Grenada National Resort is not just the pinnacle of luxury as the island’s largest hotel; it’s also an emblem of opportunity. Beyond its plush amenities, the resort provides investors a golden ticket to Grenadian citizenship. Additionally, the project is set to be a significant employment booster, creating up to 800 jobs upon its culmination.
Join us as we journey through the intricacies of the Grenada National Resort and its pivotal role in the nation’s citizenship program.
Grenada National Resort: A Closer Look
Nestled on the northern part of Grenada Island, the Grenada National Resort finds its home in Levera, a region known for its breathtaking beauty and serene landscapes. The resort’s strategic location next to the Levera National Park not only ensures a tranquil environment but also offers guests an opportunity to explore the rich biodiversity of the park.
The resort’s features
The Grenada National Resort is designed to be a haven of luxury and comfort. Here’s a snapshot of what the resort offers:
Rooms with a view: With 500 rooms overlooking the azure waters of the Caribbean Sea, guests can choose from a range of accommodations, including presidential suites, executive rooms, and business suites.
Golf enthusiasts’ paradise: An 18-hole golf course designed by the renowned Robert Trent Jones II promises a golfing experience like no other.
Entertainment galore: The resort boasts a state-of-the-art casino for those looking for a bit of thrill.
Marina facilities: A marina with berths for yachts ensures that sea-lovers have all they need.
Dining and leisure: A variety of restaurants cater to every palate, while a 24/7 gym and an expansive outdoor pool ensure that guests have plenty of recreational options.
Convenience redefined: A large parking lot and two helicopter landing spots ensure easy accessibility for guests.
The Grenada National Resort is not just about luxury; it’s about creating an experience that stays with guests long after they leave. Whether it’s the sound of the waves, a round of golf with a view, or the thrill of the casino, there’s something for everyone.
Mulan Golf Club
The Mulan Golf Club is set to be the next jewel in Grenada’s crown of attractions. It distinguishes itself with a “golf first” core layout, prioritizing the purity and essence of the sport. This approach is not just about the game, but also about honoring the island’s natural beauty. The course is meticulously designed to both preserve and accentuate the inherent terrain, allowing guests to immerse themselves in an authentic Grenadian experience.
This monumental project is a vision brought to life by the Hengsheng Group, a renowned developer based in the San Francisco Bay Area. Their commitment to excellence and respect for the land has earned them the endorsement and backing of the Grenada government, a partnership that promises a synergy of sustainable development and luxury.
Robert Trent Jones, Jr., Founder and CEO of RTJ II, expressed his enthusiasm for the project, stating, “We’re thrilled to be building the first 18-holer on the beautiful island of Grenada.” With such stalwarts at the helm, Mulan Golf Club is poised to be a game-changer for Grenada, enhancing its allure to golf aficionados and tourists worldwide.
Timeline of the project’s approval and construction
The journey of the Grenada National Resort has been marked by meticulous planning and strategic execution. Here’s a brief timeline of its inception and development:
August 2019: The Grenada National Resort received its official nod of approval as a project for the citizenship program. This marked the beginning of a new chapter for Grenada’s tourism and investment landscape.
Summer of 2022: Construction commenced, turning the vision of the resort into a tangible reality. With state-of-the-art facilities and a commitment to sustainability, the construction phase promised to deliver a resort that would be a jewel in Grenada’s crown.
The significance of the project for Grenada’s tourism and economy
The Grenada National Resort isn’t just another luxury establishment; it’s a beacon of economic growth and opportunity for the island nation. Here’s why:
Boosting Tourism: As the largest hotel in Grenada, the resort is poised to attract a global clientele, further solidifying Grenada’s position on the world tourism map.
Employment Opportunities: The construction and operational phases of the resort are expected to generate numerous jobs, providing a significant boost to the local economy.
Foreign Investment: With a project of this magnitude, Grenada is set to witness an influx of foreign investment, further strengthening its economic foundations.
In essence, the Grenada National Resort is more than just a place of leisure; it’s a catalyst for economic growth and prosperity for Grenada.
Investment Insights
The Grenada National Resort stands as a testament to the island’s potential and the confidence of its investors. Here are some numbers that underscore its financial significance:
Caribbean’s Crown Jewel: With a whopping $2 billion investment, the Grenada National Resort is the largest foreign investment project in the Caribbean region. This not only speaks volumes about the project’s scale but also about Grenada’s growing stature in the global investment community.
Property Acquisition: The foundation of this grand project was laid with an investment of more than $70 million, dedicated solely to the acquisition of the property. This initial investment set the stage for the development of a resort that promises unparalleled luxury and opportunity.
How to Invest
Investing in the Grenada National Resort is not just about securing a pathway to citizenship; it’s also about enjoying the luxury and benefits that come with it. Here’s a breakdown of what a $220,000 investment in this project entails:
Guaranteed Returns: A 2% annual return guaranteed for 5 years. For founder investors this year, this is paid in advance (which is a 10% return paid upon your passport approval!).
Co-ownership Share: Your investment grants you a co-ownership share in the Grenada National Resort, allowing you to be a part of this grand project and reap the benefits of its success.
Annual Stay: As a co-owner, you are entitled to a 14-day free stay every year. This gives you the perfect opportunity to immerse yourself in the luxury and beauty of the resort, experiencing firsthand the amenities it offers.
Golf Course Membership: Golf enthusiasts can rejoice as the investment includes a membership at the championship “Mulan Golf Course”. Whether you’re a seasoned golfer or a beginner, the course promises an unparalleled golfing experience.
Casino Membership and Credit: For those who enjoy a bit of thrill and entertainment, the investment also comes with a membership and credit at the resort’s private casino. Try your luck and enjoy the vibrant atmosphere of the casino floor.
Future Financial Flexibility: One of the most enticing aspects of this investment is the long-term benefit. After a period of 5 years, you have the option to sell your share to another investor. This not only provides you with financial flexibility but also allows you to recoup your full investment amount.
In essence, investing in the Grenada National Resort is a blend of luxury, leisure, and smart financial planning. It’s an opportunity to be a part of something grand while ensuring future financial security.
Benefits of Grenada Citizenship through Investment
Visa-free travel to 144 countries
One of the most enticing benefits of Grenadian citizenship is the freedom it offers in terms of global mobility. Here’s a glimpse of this unparalleled advantage:
European Adventures: Grenadian citizens can traverse the Schengen zone without the need for a visa, opening doors to numerous European countries and their rich histories, cultures, and landscapes.
Extended Stays: Great Britain welcomes Grenadian citizens for up to 180 days a year, allowing for continuous exploration of its iconic landmarks and traditions.
Asian Expeditions: With a 30-day visa-free stay in China, Grenadian passport holders can immerse themselves in the vastness and diversity of the Middle Kingdom.
Family inclusion in the application
Grenada’s citizenship program is not just about the individual; it’s about families and ensuring they can stay together and enjoy the benefits collectively:
Spousal Benefits: The main applicant’s spouse can seamlessly be included in the application, ensuring both can enjoy the privileges of Grenadian citizenship.
Children and Elders: Children under 30, irrespective of their educational status, as well as the parents of the main applicant, can be included. This ensures that multiple generations can benefit from the program.
Siblings: The program also extends its benefits to the siblings of the main applicant, provided they are unmarried and without children. This inclusion ensures that the familial bond remains strong, even across borders.
Opportunity for E2 visa in the U.S.
While Grenadian citizenship offers a plethora of benefits, there’s one that stands out for those looking towards the United States:
E2 Visa: Thanks to a special agreement between Grenada and the United States, Grenadian citizens can apply for a type E2 visa. This visa type allows individuals to invest in a business in the U.S., paving the way for new opportunities and ventures in one of the world’s largest economies.
In essence, the Grenadian citizenship program, especially when tied to an investment in the Grenada National Resort, offers a world of opportunities, not just in terms of luxury and leisure, but also in terms of global mobility and economic prospects.
Conclusion
The Grenada National Resort is not just about opulence and grandeur; it’s about creating an experience that stays with guests long after they leave. Moreover, the opportunity to gain Grenadian citizenship through strategic investment in the resort is a golden ticket to global mobility, economic prospects, and a plethora of other benefits.
Partnering with Knightsbridge Group
Navigating the intricacies of investment and the path to citizenship can be daunting. That’s where the expertise of the Knightsbridge Group comes into play.
With a seasoned team of experts, Knightsbridge Group is dedicated to delivering comprehensive solutions tailored to your specific needs. Their expertise in immigration services, especially in securing second citizenship through strategic investments, makes them an invaluable ally in your journey with the Grenada National Resort.
Whether you’re looking at safeguarding and growing your assets, requiring assistance with legal matters, or aiming to secure a second citizenship, Knightsbridge Group is equipped to guide you every step of the way. Their commitment to excellence, up-to-date knowledge, and client-centric approach ensures that you’re in capable hands.
