Grenada’s Citizenship by Investment Programme Enhances Due Diligence Practices with New Interview Requirement
In an effort to strengthen its already rigorous due diligence practices and fulfill agreements made during a Caribbean-US roundtable in February 2023, the Grenada Citizenship by Investment Programme has introduced a new interview requirement for all applicants aged 17 or older, as well as benefactors of applications. This change aims to further explore the possibilities of derisking applicants and ascertain their merits for Grenada citizenship.
Existing Due Diligence Process
The programme’s existing three-tiered due diligence process involves:
- Information gathered from private due diligence firms
- The Joint Regional Communication Centre of CARICOM
- Grenada’s own Financial Intelligence Unit
This process conducts thorough checks on applicants’ backgrounds in every country they have lived in for one year or more in the past ten years.
New Interview Requirement
The introduction of this new interview requirement is designed to further enhance due diligence practices. The interview process begins when applicants prepare their application documents for submission to the Citizenship by Investment Unit. To initiate the process, applicable applicants must:
- Complete and submit an Interview form with their application documents
- Include language preference and most updated contact details
The Interview Process
The multi-step process involves:
- Application Submission: Applicants submit their application documents, including the completed Interview form.
- Online Questionnaire: An email will be sent to applicants in English, instructing them to complete an online questionnaire. The questionnaire will be automated in the preferred language indicated by the applicant on their interview form.
- Live Virtual Interview: Following the completion of the questionnaire, applicants will be directed to a live, virtual interview.
Important Notes
- It is crucial that applicants complete the questionnaire and virtual interview personally, as failure to do so could negatively impact the outcome of their request for Grenada citizenship.
Book a Free Consultation
For more information about the interview process or to learn more about the Grenada Citizenship by Investment Programme, book a free consultation with My Grenada Solutions Inc..