The Investment
Migration Agency
Grenada

Overview

IMA Grenada, formerly known as the Citizenship by Investment Programme came into being in August 2013, when the Grenadian Parliament passed Act No. 15 of 2013, otherwise referred to as the ‘Grenada Citizenship by Investment Act, 2013.

An applicant for citizenship must fulfil the personal requirements established under the Grenada Citizenship by Investment Act, 2013. See Becoming a Citizen for more details.

Grenada allows individuals to hold dual citizenship, and citizenship may be extended to family members, such as a spouse, dependent children, and dependent parents.

Mission

IMA Grenada was designed to attract foreign direct investment into our nation, whilst also protecting the value of Grenadian citizenship and its reputation across the globe. At the Citizenship by Investment Committee we thoroughly review all applications, ensuring that the Citizenship by Investment Programme is kept exclusive to investors who will uphold the integrity, prestige, and honour of Grenadian citizenship, while also encouraging innovation, industry, and private enterprise on our wonderful country.

Our Vision

IMA Grenada has contributed significantly to the growth of our nation’s economy, and we expect it will continue to do so for many years to come. The inward investment it promotes has led to the creation of sustainable long-term employment, specialist training, and the general broadening of skills for numerous Grenadians. We aim to build a flourishing private investment market, and to watch the nation’s economy grow even more. Certainly, with its untouched nature, safe environment, and committed local workforce, Grenada is the ideal destination for individuals wishing to invest in tourism and other innovative ventures.

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Key Benefit

The right to Global Mobility.

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Processing Time

Three – six months.

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Investment

Minimum contribution of USD 235,000.

Team

The IMA Grenada Management Team is the administrative body responsible for the daily operations of the Unit. It ensures that policies, procedures, and directives are implemented in accordance with the Unit’s mandate and the overarching objectives of Government.

The Team is tasked with maintaining operational efficiency, ensuring accountability, and supporting executive-level decision-making.

Chief Executive Officer (CEO)

Mr. Thomas Anthony
Deputy CEO

Ms. Karline Purcell
Operations Manager

Ms. Claudette James, MBA, MIB, PMP, Acc. Dir, IMC
Accounts Manager

Ms. Kishona Hypolite, ACCA (Affiliate), IMCM
Risk and Compliance Manager

Ms. Rachel Brathwaite, FCCA, MBA, CFCS, IMC

The Grenada Citizenship by Investment Committee (CBIC) is the Government body responsible for overseeing the processing of applications for citizenship by investment or by permanent residence. The CBIC assesses each application in accordance with the Grenada Citizenship by Investment Act, 2013. It then makes recommendations to the Minister, who has the final say on whether to approve, deny, or delay the granting of Grenadian citizenship.

The CBIC comprises of seven persons, all of whom answer to the Minister. One of these individuals leads the CBIC as committee chairman. This diverse group of professionals possesses a wealth of experience in areas such as law, finance, trade, and administration – allowing the CBIC to make informed decisions on citizenship matters.

Chairman

Mr. Richard W. Duncan, OBE, B.Sc., Acc. Dir., M.A., FCPA, FCG
Deputy Chairman

Mr. Deon D. Moses, BSc., MBA, Acc. Dir., FICB
Committee Member

Dr. Stephen Fletcher, MBA, PhD, Acc. Dir., Queen Elisabeth Fellow
Committee Member

Dr. Wayne Sandiford, B.A, LLB, Acc. Dir., M.A, CPFM, PhD, C. Dir.
Committee Member

Ms. Arkera Lessey, B.Sc., MBA, Acc. Dir.
Committee Member

Mr. Francis K. Paul, LLB, LEC, Acc. Dir., LLM, MCIArb
Committee Member

Mr. Ronald Theodore, B.Sc., MBA, Acc. Dir.