
The Vanuatu Citizenship Investment Program, launched in 2017, is a unique offering in the southern Pacific Ocean region.
Grenada's Prime Minister Deacon Mitchel Monday presented an EC$1.3 billion (one Eastern Caribbean dollar = 0.37 US cents) national budget to Parliament and announced a series of relief measures for citizens amounting to more than EC$50 million.
The Minister said that after 6% growth this year, the economy is expected to grow by another 3.6% in 2023, supported by a strong recovery in tourism and robust construction activity.
"As a government, we are committed to doing all we can to protect our citizens from the negative impact of high prices, especially for food, fuel and other essentials, for as long as necessary," the Prime Minister said.
"The priorities of the 2023 budget are based on the government's strategic transformation agenda that puts people first and lays the foundation for the sustainability, empowerment and growth set out in its Medium Term Action Plan 2023-2025", the budget document says.
Prime Minister Mitchell said the budget is fully funded and is expected to have an overall surplus of EC$62.7 million in 2023.
The Vanuatu Citizenship Investment Program, launched in 2017, is a unique offering in the southern Pacific Ocean region.
Saint Kitts and Nevis has updated its citizenship by investment program to meet EU requirements and maintain a strong passport.
Opening a company in the UAE presents an attractive opportunity for business development. Entrepreneurs who establish a company in the UAE can obtain a residency visa and open a bank account in the Emirates.