For investors, the Six Senses La Sagesse project in Grenada is interesting as authorized project for the Grenada Citizenship for Investment program. The Resort has been designed by Simeon Halstead, one of the World´s leading Resort Architects with over 20 five-star hotels completed around the world.
The construction of the hotel began on February 7, 2020, on the Independence Day of Grenada. Just on the eve of all the lockdowns associated with the pandemic. Nevertheless, we now see significant progress in construction. Developer has consciously underdeveloped the land (approximately with a 20 percent built-up ratio) so that privacy and social distancing when needed is built into the DNA of the resort. The hotel is scheduled to open in 2022.
The construction of the Six Senses La Sagesse hotel is the hands of the development company Range Developments, they have been successfully operating in the Caribbean region for several years. In particular, the flagship project for Range in this region was the Park Hyatt St. Kitts project. In fact, immediately after opening in 2017, the hotel was awarded international prizes as the best among new ones in the world.
The Six Senses La Sagesse resort will be built just a fifteen-minute drive from Grenada International Airport. It will be a hotel complex with 100 rooms with all the necessary infrastructure. The cost of a share in the Six Senses La Sagesse project in Grenada will be $220 000. An investor may sell a share in hotel in four years.
Construction progress, March 2022
Citizenship of Grenada for real estate, is a returnable investment. However, it is necessary to pay state duties, the cost of conducting a due diligence check. Notarization of documents, apostille, services for sending all documents (for example, through DHL) and passing a mandatory medical check are also paid separately. As well as legal services to support the process of obtaining Grenada citizenship.
With a Grenada passport, you can travel to 130 countries around the world without a visa. Grenada citizenship gives the right of visa-free entry to the UK (even after Brexit), Brazil, Singapore, as well as all EU countries included in the Schengen zone.
The connection with the United Kingdom and the Schengen countries is maintained by many states in the Caribbean. Some countries, including Grenada, have an agreement with Hong Kong on visa-free entry, the right to visit China and stay there for 30 days.
Have you thought of second citizenship? It is your first step to global mobility, travel freedom, decentralization and creation of passport portfolio.