Six Senses La Sagesse, Grenada US$220,000
Six Senses La Sagesse, Grenada combines the best CBI property developer in the Eastern Caribbean with the Six Senses international hospitality brand. Indeed, Six Senses has been named the world’s leading hotel brand for the last three years by Travel and Leisure. Additionally, the future eco-resort is to be located at La Sagesse Beach, in the pristine SE portion of Grenada.
The award winning developer already two successful CBI projects operating in the Eastern Caribbean with Park Hyatt St Kitts (opened November 2017) and Cabrits Resort & Spa Kempinski, Dominica (opened December 2019).
A US$220,000 investment in Six Senses La Sagesse, Grenada is a qualified purchase under the Grenada economic citizenship program. As a result, successful applicants enjoy all Grenada citizenship benefits including China visa free access and US E-2 Visa eligibility. Additionally, shareholders will receive 90% net profit sharing pro rata.
|Item||Family of Four|
|Cost of Share||US $220,000|
|Government Fees for Family of 4||US $50,000|
|Due Diligence Fees||US $10,000
($5,000 per person age 17 and over)
|Application Fees||US $6,000
(US $1,500 per person)
|Processing Fees||US $4,000 (US $1,500 per person 17 years and older, US $500 per person <17 years old)|
|Share Registration Fees||US $8,800|
|Passport Fees||US $1,000 (US $250 per person)|
|Oath of Allegiance||US $80 (US $20 per person)|
|Total Cost||US $299,880|
Privacy Benefits of Trust Ownership
Ownership of Six Senses La Sagesse, Grenada real estate is structured into a limited partnership and real estate trust. This permits CBI investors to purchase a share of the hotel instead of freehold ownership. As a result, privacy of the investor is protected because their identity is not recorded in the Grenada Land Registry, in contrast with freehold title registration which is public.
Indeed, freehold ownership of citizenship by investment properties at the US$220,000 price point does not permit the owner to use the property year round, exclude others or mortgage the entire unit. As a result, the traditional benefits of freehold title are not applicable with CBI property ownership.
Furthermore, using the trust structure the investor can sell the investment after a 5 year holding period (to a new CBI applicant) without attracting transfer taxes while retaining their Grenada citizenship in perpetuity. This is an investment, as a result, share ownership is most advantageous!
Low Density at Six Senses La Sagesse, Grenada
The resort features only a 20% built up ratio which is ideally suited for social distancing. As a result, the development’s 100 units are spread out over 28 acres, featuring 30 separate swimming pools.
Indeed, Six Senses La Sagesse, Grenada will have a distinct pricing advantage over competitors who have hundreds of rooms condensed onto a small piece of real estate. In a world where social distancing is highly desired, the development will attract luxury travelers with the highest disposable incomes.
Purchase your ownership share in Six Senses La Sagesse, Grenada to obtain the freedom and security of Grenada economic citizenship.