Grenada’s Citizenship by Investment (CBI) program continues to drive significant growth in the luxury real estate sector, with Range Developments leading the charge. The latest addition to the program, ‘The La Sagesse Collection,’ comprises 60 ultra-luxe ocean-view residences in La Sagesse, St David. Owners of these properties will gain access to the prestigious Six Senses La Sagesse and the upcoming InterContinental Grenada Resort, both developed by Range Developments. This marks the third CBI-approved project by the developer in Grenada, following the successful launch of the One True Blue Beach Hotel and Residences in True Blue, St George. The project was officially granted Approved Project Status on 23 June 2025, as published in the Government Gazette on 3 October 2025. Each residence spans 1,545 square feet, featuring two bedrooms and two residences per floor. Range Developments’ projects have attracted the majority of CBI investors, with La Sagesse Six Senses and InterContinental accounting for 61% of investments between July and December 2024. During this period, investments in InterContinental totaled EC$70.3 million, while Six Senses garnered EC$6.7 million. The government requires a minimum investment of US$50,000 per application, contributing to the approval of 5,443 new citizens by the end of 2024. This initiative underscores Grenada’s appeal as a destination for high-net-worth individuals seeking citizenship through investment.
