Grenada IMA Agency has implemented enhanced AML compliance measures for payment transactions under the citizenship by investment program according to Circular 11 of 2025. The new rules will be implemented effective from Nov 10, 2025
The IMA remains steadfast in safeguarding the credibility of Grenada’s Citizenship by Investment
Programme through rigorous compliance, transparency, and fairness, protecting the CBI from underselling and owner financing.
These updates reflect ongoing efforts to protect the interests of genuine applicants and uphold Grenada’s international reputation.
-IMA Grenada
Investment Proof
Payments to NTF/Real estate must accompany verifiable proof of bank credit advice: Applicants must provide Bank Credit Advice demonstrating that the investment funds were deposited directly by the applicant or from the source indicated on their application form (Form 5) into the developer’s account and which will be ultimately transferred into the Escrow Account or Government’s approved account
Attestation
All applicants investing in approved CBI projects must submit a completed Applicants Attestation Form, confirming that the investment funds are derived from the
applicant’s own verifiable resources or, if applicable, the sponsor’s resources, as outlined in the
Sponsor’s Application Form. These forms must be signed and notarized by a notary public
and submitted to the Agency through the applicant’s Local Agent as part of the application
package
These measures are in line with international Anti-Money Laundering (AML) procedures and
best practices.
By requiring applicants to attest that their investment funds are derived from
verifiable personal resources and providing proof of direct transfers, the IMA ensures that all
investments are legitimate, traceable, and transparent, reinforcing the integrity of Grenada’s
Citizenship by Investment Programme
