$2.4bn Grenada Resort Opens Citizenship for African Investors

Optiva Capital, represented by partner Babajid Komolaf, has announced the opening of a citizenship window for African investors in the $2.4 billion Grenada National Resort, the largest single investment in Grenada's hospitality sector, projected to open in 2027. The Grenadian government has approved the development, which provides a pathway for investors to acquire Grenadian citizenship through equity investment in the resort.

This citizenship grants visa-free access to 140 countries, including the UK, Europe, and China. The project recently reached a significant milestone, marked by a ceremony attended by senior government officials and international investors, reinforcing confidence in the project's execution.

Franklin Nechi, the executive chairman of Optiva Capital, emphasized the importance of the investment immigration advisory role across Africa, noting that the program aligns with Grenada's established citizenship investment program. The initiative aims to enhance global mobility and wealth diversification for families while ensuring compliance with structural regulations.