Russians rushed to Grenada to get “golden passports”.
Bloomberg: Grenada receives 200 applications after lifting ban on “golden visas” for Russians
Demand for golden passports in Grenada quadrupled after the government lifted its ban on Russians applying. The fact that Russians rushed to this island state to get “golden visas”, Gives information Bloomberg.
Grenadian visa program adviser Richard Hallam said the country expects to receive the highest number of citizenship applications from Russians in 2022. Applications submitted were in ‘suspense’ until the ban was lifted in June.
Grenada citizenship is granted in exchange for an investment of up to 150 thousand US dollars (9.1 million rubles) in the country’s economy. According to the country’s finance ministry, nearly 200 applications for investor visas have been received since the ban was lifted.
According to a July study by Tranio, an international real estate broker, in the first half of 2022, the demand of Russians for real estate abroad increased by 61 percent.
It was previously reported that in September 2022, the demand for real estate in the United Arab Emirates (UAE) among Russian citizens increased by 104.16 percent compared to August. Experts reported that for the first time this year they recorded a three-digit increase in demand from Russian citizens.
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