ST. GEORGE’S, Grenada, CMC – The Investment Migration Agency (IMA) says a significant number of foreign nationals granted citizenship of Grenada under the Citizenship by Investment (CBI) program during the second quarter of this year have come from the United States.
Data released by the IMA stated that Americans accounted for 12 percent of the 402 people approved as new citizens, followed by persons from China and Nigeria, each accounting for 10 percent.
The figures show that during the first three months of this year, one percent of the 632 applicants approved for new citizenship were US nationals, making it the first time that Nigeria and China were not the top-ranked countries.
The IMA said that other nationalities approved as citizens for the period came from Pakistan, the United Kingdom, 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 end of the second quarter of 2025, a total of 893 new citizens were approved through the IMA, bringing a total of EC$103.2 million (One EC dollar=US$0.37 cents) according to the June 2025 monthly fiscal report from the Ministry of Finance.
In August, IMA Chief Executive Officer Thomas Anthony announced that Grenada would focus on marketing the CBI programme to Africa and that a delegation would visit West Africa in October of this year.
“We have been exploring more African countries. More recently, we were in Kenya in collaboration with the Nairobi Chamber of Commerce. At that event, we had more than 100 individuals attending, and we believe that we will see some fruit from that event,” said Anthony.
Under the CBI programme, foreign investors are granted citizenship of Grenada in return for making a substantial investment in the country’s socio-economic development.
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