Friday, November 22, 2024

The Point at Petite Calivigny Grenada

Grenada is one of the most beautiful islands in the Caribbean known as ‘Isle of Spice’ for its cultivation of a wide variety of spices including nutmeg and cinnamon . The Point at Petite Calivigny is a five star resort and luxury residential development  comprised of over 100 units including luxury villas, condominiums, bungalows and suites at a spectacular location in Grenada.

Individuals can buy a fractional share of property for $350,000 and can become ‘citizen’ of Grenada through Grenada’s Citizenship by Investment Programme.   The Point at Petite Calivigny is an approved project by Government under the CBI program.

There are three options for investment in The Point at Petite Calivigny, namely a debenture, subscription of shares in the company that owns and operates the development or a purchase of one of the residences. As a subscriber to the debenture, investors will receive a financial instrument with a fixed rate of return and five year term. As a subscriber to shares, investors will be entitled to participate in the development and rental pool operating profit.

The Point at Petite Calivigny also sells freehold lots and villa projects with full title alternatively to the share and debenture subscriptions.

Fractional ownership is ideal for those who want to live the Caribbean lifestyle but are unable to commit the time each year to justify the investment in full ownership of one of our luxury properties.  Deeded, freehold ownership held with a third party trustee. Ownership shares in the villas are fully transferable, sellable and willable.

Grenadian citizens have the right to live in any other CARICOM member state.

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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