Grenada to market Citizenship by Investment Programme in West Africa

The head of Grenada’s Investment Migration Agency (IMA), Thomas Anthony, says the country will step up efforts to market its Citizenship by Investment (CBI) programme in West Africa, with a tour planned for October 2025.

- Advertisement -

Speaking at the recently concluded Fourth AfriCaribbean Trade and Investment Forum (ACTIF2025), Anthony said Nigeria remains the leading source of African applicants to the programme, but Grenada is now setting its sights on expanding interest across the continent—particularly in Ghana and Kenya.

“We’ve been exploring more African countries,” said Anthony, who was a panelist in a session titled “A showcase of Grenada’s Investment: Trade, Business and Tourism.” “More recently, we were in Kenya in collaboration with the Nairobi Chamber of Commerce. Over 100 individuals attended, and my understanding is that 25 percent of attendees at a private event there expressed interest in applying to the programme.”

Grenada’s CBI programme grants foreign investors citizenship in exchange for a significant financial contribution to the island’s socio-economic development. Beyond the investment itself, successful applicants benefit from visa-free or visa-on-arrival access to over 145 countries.

Anthony said the October tour will include stops in Ghana as the IMA looks to tap into new markets and deepen its relationship with the continent.

“We are trying to grow the demographic coming out of Africa,” he said. “But we’re also playing our part in creating that bridge between Africa, Grenada, and the Caribbean at large—allowing individuals to make investments into Grenada, and also protect those investments by becoming citizens.”

Data from the IMA, formerly the CBI Unit, shows several Kenyan applicants were approved for citizenship under the programme in the last quarter of 2024.