Richard Duncan, Chairman of the Citizenship by Investment Committee (CBI), has disclosed that most of the people who gained Grenada’s citizenship through the Citizenship by Investment programme for the first 6 months of 2023 were Russian nationals.
From January to June 2023, the Cabinet of Grenada approved 2011 people to become citizens of the country according to the latest public data released by the Ministry of Finance in August. “The overwhelming majority, maybe 90% of the applicants approved so far are in the area of Russian nationality,” Duncan said during an interview in the weekly The Bubb Report, a US production.
