$2.4bn Grenada Resort opens citizenship window for African investors- Optiva Capital
$2.4 Billion Grenada National Resort to Offer Citizenship Opportunities for African Investors
By Babajide Komolafe
Optiva Capital Partners has announced the development of the Grenada National Resort, a $2.4 billion project set to open in 2027. This signifies the largest single investment in Grenada and one of the Caribbean’s most ambitious hospitality endeavors.
The resort, approved by the Grenadian government, will provide investors with a pathway to citizenship, granting them visa-free or visa-on-arrival access to over 140 countries, including the United Kingdom, various European nations, China, and other key global business centers.
The project marked a significant milestone recently with a topping-out ceremony, indicating a transition from heavy construction to project completion. The event was attended by senior government officials, international investors, and representatives from the hospitality sector, reflecting strengthened confidence in the venture.
Franklin Nechi, chairman of Optiva Capital Partners, represented African investors during the ceremony, highlighting the firm’s leadership in investment immigration advisory throughout the continent. Nechi noted that Optiva leads in facilitating African investment in the Grenada National Resort through the country’s Citizenship by Investment Programme.
Investors will not only acquire equity in the resort but will also qualify for citizenship and enjoy two weeks of complimentary accommodation annually.
In the realm of institutional real estate, a topping-out ceremony serves to reduce execution risk and marks tangible progress—a crucial reassurance for both investors and government stakeholders.
The Grenada National Resort aligns with the nation’s prominent Citizenship by Investment Programme, which is recognized for its transparency and international acceptance. For African investors, this venture combines asset-backed investment in a national project with enhanced global mobility and wealth diversification.
Nechi emphasized the evolution of investment immigration, stating, “Mobility is power and access is wealth.” He further highlighted that structured and compliant programmes offer families long-term security across health, education, and business sectors.
As global mobility regulations tighten, maintaining credibility and a strong government connection is crucial. The Grenada project, which is steadily progressing toward its 2027 completion, exemplifies these qualities.
