Grenada is one of the most fantastic places to settle in the Caribbean. Sometimes referred to as Spice Island, it boasts numerous spices grown here. The Island produces a third of the world’s nutmeg containing an aromatic flavor with a moist texture.
There is so much that this tiny island has to offer. Its tropical climate, lush vegetables, hiking trails, and soothing waterfalls are enough reasons to start packing your bags.
If you’ve been thinking of settling here in 2022, you are at the right place. Let’s look at some of the reasons to help you make the right choice.
Why Should You Settle in Grenada?
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It’s a Safe Place to Reside
Grenada is one of the safest places in the Caribbean. Nevertheless, avoid visiting isolated places alone, as you might fall victim to seasoned criminals. Getting around the island with a rented car is a safe option. However, if you don’t have a valid driving license, you can always ride a bus or book a taxi to reach your destination safely.
You might experience crime here and there, which isn’t uncommon globally. Some opportunistic thieves target tourists through mugging, pickpocketing. Take proper precautions, and you’ll be good.
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Has Lots of Opportunities
There are lots of business opportunities here in Grenada. Foreigners can become citizens applying for Grenada citizenship by investment programs. Here is where one acquires citizenship of a foreign country by investing in that country’s economy.
If you want to open a business, do it through the Grenada Industrial Cooperation. Some of the businesses you can venture into include tourism (hotels and villas), agriculture (spice farming), and creative industries like magazine publishing, photography, and art.
It’s also easy to buy property in Grenada as a foreigner. But first, you’ll have to apply for a license from the government under the Aliens Landholding License. You’ll need documentation like the police clearance and bank reference.
You also need to pay the land transfer tax, a fee of 10% on the value of the land, and the Stamp Duty.
1. Friendly Residents
Grenadians are friendly and warm people. Their warmth is infectious. Everyone is always saying hi to the other person, which is admirable. When standing in a line and a new person approaches, he’ll mumble a good morning, good afternoon, or good evening depending on the time of the day, and everyone would reply.
People always go out of their way to help. Residents working in public offices and restaurants are kind in their service.
2. Numerous Outdoor Activities
There are tons of activities to engage in. Examples include sailing, cycling, diving, kayaking, shopping, and swimming. A walk around the beach or exploring the honeymoon waterfall would leave you with an enticing experience.
Glorious sunset views with drinks are just the perfect way to end a day. Attend the cultural and food festivals, which are always exciting and satisfying.
3. Affordable Living Conditions
Living in Grenada is quite affordable. There are universities where you can find single-bedroom apartments that range from $500 to $700 per month. However, if you want a room with a pool, a villa, and a view, the room will cost around $2500 monthly.
Property price depends on its location. For instance, a single-family home in a standard location costs around $200,000. It may cost a couple of millions for a large ocean villa.
Your cost of living depends on your choices. The local produce is inexpensive, as local fruits and tomatoes cost around $1 to $2 a pound. A liter of gasoline costs around $1.50.
If you live in a small apartment, basic utilities like heat, water, garbage, and electricity would cost you around $75.
4. Fresh Foods and Cookouts
Grenada has fresh foods. Residents can’t stop talking about what they plan to eat or what they are planning to cook. They talk a lot about their gardens. Many foods are grown like papaya, limes, golden apple, shadow-beni, and custard apples.
There is a wide variety of traditional Grenada food to try. It doesn’t matter whether it’s at the roadside eateries or fine dining. Since the food has abundant spices, the restaurants incorporate them into the delicacies.
Examples of mouthwatering dishes include oil down, Lobster, Callaloo stew, and curry goat.
5. Awesome Healthcare Systems
Grenada boasts of one of the best health sytems in the Caribbean. Healthcare is free of charge for all citizens living here. Nonetheless, most foreigners may find it below what they are accustomed to.
There are around six health centers, 30 medical stations, and eight hospitals (4 public and 4 private). Every household is situated within three miles of health providers.
It’s also easy to get private health insurance.
6. Excellent Climate
Grenada is located near the equator. The climate is hot, humid, and tropical all year round. The cool and dry season starts from January to mid-April. June to December is the rainy season. Contrary to what most people think, it’s not too hot, and the weather is quite favorable.
Should you Move to Grenada?
Now that you have known some of the best things the place has to offer, you need to be sure if it’s the place for you. The following are some of the questions to ask yourself.
- Do you prefer an arid or lush environment?
- Are you concerned about hurricanes?
- Is it easy to travel to other places you want?
- What are your health requirements?
Once you are sure, you can visit the part of the Island you eye on settling. Have a glimpse at how everyday life on the island looks like. Examples are the weather, traffic and also shopping. Generally, check how easy it is to navigate the island.
Wrapping Up
Grenada is an excellent place to live. Whether you want to retire, work, marry or become a citizen through investment doesn’t matter. The place is affordable, with tons of things to do and [places to explore. It also has numerous investment opportunities that aren’t hard to pursue.
If you’ve been planning to settle in Grenada in 2022, this is the sign you’ve been waiting for. It’s now time to pack your bags and see what the place has in store for you.
