If fall is your favorite season than Grenada might be the place for you. Nutmeg is one of Grenada's main exports. The smell of Nutmeg always reminds me of pumpkin pie. Who needs pumpkin spice everything when you live in the spice isles? No need to run down to Starbucks for a latte, you can add a little fresh ground nutmeg to your coffee right at home when you live in Grenada.
Interesting things to do on Grenada
Grenada is home to the words first under water sculpture park. It's absolutely breath taking. Regardless of whether I move to Grenada or not seeing this underwater park is going on my bucket list.
Check out these amazing sculptures here.
In late August Grenada has a two day long music carnival. This is a perfect time to immerse yourself into the local culture. You will be able to sample foods from around the Caribbean and dance long into the night.
Cost of living
Cost of living seems to be higher than the other Caribbean islands I've researched so far. For instance a dozen eggs will run you close to $3.17 usd.
Jobs in Grenada
The unemployment rate is high in Grenada so if your going there expecting to find work it may be difficult. You must have a job lined up to apply for a work permit. Your employer will initiate the work permit process for you. Work permits are good for 1 year and can be reapplied for each year after that.
Becoming a Resident
If you find that you love the spice Isles you must live in country 2 years before applying to become a permanent resident.
Dual Citizenship or Citizenship by Investment
Grenada offers something called citizenship by investment. In order to qualify you must meet certain criteria. You must be of out standing character, hold no criminal record, be in good health and have a high personal wealth. Along with that you must make an investment in one of the fallowing.
* Invest in a pre-approved Realest Investment,
* Invest $350,000 usd plus an additional $25,000 usd per dependent in the Mount Cinnamon Project or
*Donate $200,000 usd plus an additional $25,000 per dependent to the National Transformation Fund.
There are many perks that come with this such as no taxes world wide on income and Visa free travel to over 100 countries. Personally this is not an option, but for some it would be beneficial and well worth it.
Health Care
As with most of the other Caribbean islands any major procedures have to be done at one of the mainland Hospitals. Without private insurance the medical bills can really start to pile up.
Housing
There are many options when buying a home for under $200,000 usd. on Grenada. Homes that would go for over $300,000 in the U.S. sell for as little as $100,000 usd here. I found 18 homes under $200K most of them 3-5 bedrooms, 2+ baths. You could live quite comfortably in one of these homes if you have a steady income coming in from somewhere else.
Schools
Grenada offers both public and private schools. Their public school system is based on the British school curriculum. If you choose private schooling for your child the curriculum is closer to that of the United States.
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Wow, it sounds much easier to move to Grenada than other islands. Any idea why?
ReplyDeleteEach island in the Caribbean is different. Some are French some are Dutch some are part of the United States and some are their own country. Each with their own laws and regulations. Some like to welcome newcomers with open arms and some make it a little more difficult by restricting work permits or land holdings.
DeleteI feel like I am there. A wanderer in heart but not in reality love this
ReplyDelete