Grenada’s Prime Minister, Dickon Mitchell, has announced the renaming of the country’s Citizenship by Investment Unit (CBI) office to the Investment Migration Agency Grenada. This move aims to change local perceptions about the immigration industry and attract more local support for it.

This came at a ceremony held at the Royalton Hotel in London on March 20, in honor of this occasion. Which he said “Migration is a natural part of humankind’s existence, and as small islands, it is really upon us to benefit as much as we can from the migration of persons, whether temporarily or permanently.”

Investment Migration Agency Grenada to increase local support:

Mitchell expressed hope that the unit’s rebranding would increase Grenada’s citizen support for the immigration industry, which contributed EC$ 456 million in 2023. He stressed the importance of citizen participation in the industry, saying: “If we do not get our population to own and support and defend this industry, it will be quite easy for those who wish to see its demise to do so.”

Grenada considered it time for a new name to better reflect the identity and goals of the immigration industry, after ten years when the program began, Thomas Anthony, chief executive of the CBI unit, stated that the current brand “The current brand mark has inherent limitations in terms of how it may be used for different merchandise.”

A new logo that demonstrates the possibilities:

The Investment Migration Agency Grenada has the slogan “Unlocking Possibilities”. The logo symbolizes the nutmeg and the mace, which are important symbols on the Grenadian national flag.

Promote Grenada as a desirable destination for investment and immigration:

By reformulating its program, Grenada seeks to attract more investors from all over the world. She hopes that the new name and logo will become more attractive to potential investors, and will help change the stereotype about second citizenship programs. The Investment Migration Agency Grenada is a gateway to new opportunities for citizens and investors alike. By reformulating the programme, Grenada also aims to ensure that all stakeholders benefit from the immigration industry.

Learn about some of the advantages of obtaining CBI from Grenada:

By obtaining a second citizenship from Grenada, you will receive many benefits, including:

• Entry to more than 140 countries without a visa.
• Possibility of applying for an E2 visa from the USA.
• Obtaining a passport ranks 33rd in the world.
• Benefit from the CARICOM Free Trade Treaty.
• There are no global income taxes.

Ways to obtain investment citizenship from Grenada:

• The first method: by donating a sum of money to the government’s National Change Fund (NTF).
• The second method: Purchasing a property from one of the government-approved real estate projects

Learn more about these methods: here

To conclude, the Investment Migration Agency Grenada has an abbreviation which is IMA Grenada. IMA is a new vision for immigration industry. 

You can follow the latest news about citizenship by investment and golden residency by following us on the NTL website.